Richard T. Ely Quotes

Richard Theodore Ely was an American economist, author, and leader of the Progressive movement who called for more government intervention in order to reform what they perceived as the injustices of capitalism, especially regarding factory conditions, compulsory education, child labor, and labor unions. Ely is best remembered as a founder and the first Secretary of the American Economic Association, as a founder and secretary of the Christian Social Union, and as the author of a series of widely read books on the organized labor movement, socialism, and other social questions. Wikipedia  

✵ 13. April 1854 – 4. October 1943
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Richard T. Ely: 2   quotes 1   like

Richard T. Ely Quotes

“We have among us a class of mammon worshippers, whose one test of conservatism, or radicalism, is the attitude one takes with respect to accumulated wealth. Whatever tends to preserve the wealth of the wealthy is called conservatism, and whatever favors anything else, no matter what, they call socialism.”

Richard T. Ely, Socialism : an examination of its nature, its strength and its weakness, with suggestions for social reform http://archive.org/details/socialismanexam02goog (1894)
As quoted in: Charles Austin Beard and Mary Ritter Beard, basic history of the United States http://books.google.gr/books?id=vaQsAAAAMAAJ&q=A, Doubleday, Doran & company, 1944, p. 395.

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