The monopoly of capital becomes a fetter upon the mode of production, which has sprung up and flourished along with, and under it. Centralisation of the means of production and socialisation of labour at last reach a point where they become incompatible with there capitalist integument. This integument is burst asunder. The knell of capitalist private property sounds. The expropriators are expropriated.
Karl MarxRelated topics
burst capitalist fetter knell last monopoly point production property reach spring under means labourRelated quotes
By that time a structure of property rights had developed in the Netherlands and England which provided the incentives necessary for sustained growth. These included the inducements required to encourage innovation and the consequent industrialization. The industrial revolution was not the source of modern economic growth. It was the outcome of raising the private rate of return on developing new techniques and applying them to the production process.
Douglass North
And whereas many men, by accident unevitable, become unable to maintain themselves by their labour; they ought not to be left to the Charity of private persons; but to be provided for, (as far-forth as the necessities of Nature require,) by the Lawes of the Common-wealth. For as it is Unchariablenesse in any man, to neglect the impotent; so it is in the Soveraign of a Common-wealth, to expose them to the hazard of such uncertain Charity.
Thomas Hobbes
What is more cheerful, now, in the fall of the year, than an open-wood-fire? Do you hear those little chirps and twitters coming out of that piece of apple-wood? Those are the ghosts of the robins and blue-birds that sang upon the bough when it was in blossom last Spring. In Summer whole flocks of them come fluttering about the fruit-trees under the window: so I have singing birds all the year round.
Thomas Bailey Aldrich
Growing terrorism, permissive societies, democracy collapsing through lack of law and order. If things continue on their present track, the disintegration of Western societies will occur much sooner than you think under the hammer blows of fascism and communism. Freedom is not something that does not have a breaking point, and your enemies would like you to reach that point.
Muhammad Reza Pahlavi
The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrence to private initiative which are imposed by our present tax system, and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963.
John F. Kennedy