Quotes about wealth
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Thiruvalluvar photo
Arthur Streeton photo
Leonardo Da Vinci photo
Adolf A. Berle photo
Theodore Roosevelt photo

“As regards capital cases, the trouble is that emotional men and women always see only the individual whose fate is up at the moment, and neither his victim nor the many millions of unknown individuals who would in the long run be harmed by what they ask. Moreover, almost any criminal, however brutal, has usually some person, often a person whom he has greatly wronged, who will plead for him. If the mother is alive she will always come, and she cannot help feeling that the case in which she is so concerned is peculiar, that in this case a pardon should be granted. It was really heartrending to have to see the kinfolk and friends of murderers who were condemned to death, and among the very rare occasions when anything governmental or official caused me to lose sleep were times when I had to listen to some poor mother making a plea for a "criminal" so wicked, so utterly brutal and depraved, that it would have been a crime on my part to remit his punishment.
On the other hand, there were certain crimes where requests for leniency merely made me angry. Such crimes were, for instance, rape, or the circulation of indecent literature, or anything connected with what would now be called the "white slave" traffic, or wife murder, or gross cruelty to women or children, or seduction and abandonment, or the action of some man in getting a girl whom he seduced to commit abortion. In an astonishing number of these cases men of high standing signed petitions or wrote letters asking me to show leniency to the criminal. In two or three of the cases — one where some young roughs had committed rape on a helpless immigrant girl, and another in which a physician of wealth and high standing had seduced a girl and then induced her to commit abortion — I rather lost my temper, and wrote to the individuals who had asked for the pardon, saying that I extremely regretted that it was not in my power to increase the sentence. I then let the facts be made public, for I thought that my petitioners deserved public censure. Whether they received this public censure or not I did not know, but that my action made them very angry I do know, and their anger gave me real satisfaction.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

Source: 1910s, Theodore Roosevelt — An Autobiography (1913), Ch. VIII : The New York Governorship

Pythagoras photo

“Neither will the horse be adjudged to be generous, that is sumptuously adorned, but the horse whose nature is illustrious; nor is the man worthy who possesses great wealth, but he whose soul is generous.”

Pythagoras (-585–-495 BC) ancient Greek mathematician and philosopher

"Pythagorean Ethical Sentences From Stobæus" (1904)
Florilegium

Benjamin Disraeli photo
Marie von Ebner-Eschenbach photo

“Whoever prefers the material comforts of life over intellectual wealth is like the owner of a palace who moves into the servants’ quarters and leaves the sumptuous rooms empty.”

Marie von Ebner-Eschenbach (1830–1916) Austrian writer

Wer die materiellen Genüsse des Lebens seinen idealen Gütern vorzieht, gleicht dem Besitzer eines Palastes, der sich in den Gesindestuben einrichtet und die Prachtsäle leer stehen lässt.
Source: Aphorisms (1880/1893), p. 53.

Theodore Roosevelt photo
Frédéric Bastiat photo

“Try to imagine a regulation of labor imposed by force that is not a violation of liberty; a transfer of wealth imposed by force that is not a violation of property. If you cannot reconcile these contradictions, then you must conclude that the law cannot organize labor and industry without organizing injustice.”

Essayez d’imaginer une forme de travail imposée par la Force, qui ne soit une atteinte à la Liberté ; une transmission de richesse imposée par la Force, qui ne soit une atteinte à la Propriété. Si vous n’y parvenez pas, convenez donc que la Loi ne peut organiser le travail et l’industrie sans organiser l’Injustice.
The Law (1850)

John D. Carmack photo
Aga Khan III photo
Rabindranath Tagore photo
Abraham Lincoln photo
Kurt Vonnegut photo
Kurt Vonnegut photo

“Eliza and I composed a precocious critique of the Constitution of the United States of America … We argued that is was as good a scheme for misery as any, since its success in keeping the common people reasonably happy and proud depended on the strength of the people themselves — and yet it prescribed no practical machinery which would tend to make the people, as opposed to their elected representatives, strong.
We said it was possible that the framers of the Constitution were blind to the beauty of persons who were without great wealth or powerful friends or public office, but who were nonetheless genuinely strong.
We thought it was more likely, though, that their framers had not noticed that it was natural, and therefore almost inevitable, that human beings in extraordinary and enduring situations should think of themselves of composing new families. Eliza and I pointed out that this happened no less in democracies than in tyrannies, since human beings were the same the wide world over, and civilized only yesterday.
Elected representatives, hence, could be expected to become members of the famous and powerful family of elected representatives — which would, perfectly naturally, make them wary and squeamish and stingy with respect to all the other sorts of families which, again, perfectly naturally, subdivided mankind.
Eliza and I … proposed that the Constitution be amended so as to guarantee that every citizen, no matter how humble, or crazy or incompetent or deformed, somehow be given membership in some family as covertly xenophobic and crafty as the one their public servants formed.”

Source: Slapstick (1976), Ch. 6

Barack Obama photo
Max Scheler photo
Michael Prysner photo
Jacques Dubochet photo

“[…] knowledge is our greatest wealth and the love of others the most beautiful human value.”

Jacques Dubochet (1942) Nobel prize winning Swiss chemist

French: [...] la connaissance est notre plus grande richesse et l'amour d'autrui la plus belle valeur humaine.
Source, in French: Jacques Dubochet, Parcours, Éditions Rosso, 2018, page 9 (ISBN 9782940560097).

Friedrich Nietzsche photo
Rabindranath Tagore photo

“Every person is worthy of an infinite wealth of love — the beauty of his soul knows no limit.”

Rabindranath Tagore (1861–1941) Bengali polymath

Glimpses of Bengal http://www.spiritualbee.com/tagore-book-of-letters/ (1921)

Charles Reade photo
Karl Marx photo

“Capitalist production, therefore, develops technology, and the combining together of various processes into a social whole, only by sapping the original sources of all wealth — the soil and the labourer.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Vol. I, Ch. 15 (last sentence), pg. 556.
(Buch I) (1867)

Jordan Peterson photo
Theodore Roosevelt photo

“Neoliberalism is an ideology that reduces all values to money values. The worth of a thing is the price of the thing. The worth of a person is the wealth of the person. Neoliberalism tells you that you are valuable exclusively in terms of your activity in the marketplace.”

William Deresiewicz (1964) American literary critic

" The Neoliberal Arts: How College Sold Its Soul to the Market http://harpers.org/archive/2015/09/the-neoliberal-arts/," Harper's, September 2015, p. 26

Theodore Roosevelt photo
Kanye West photo

“We'll buy a lot of clothes when we don't really need 'em/Things we buy to cover up what's inside/Cause they make us hate our-self and love they wealth.”

Kanye West (1977) American rapper, singer and songwriter

All Falls Down
Lyrics, The College Dropout (2004)

Pope Francis photo
Barack Obama photo
Fanny Kemble photo
Friedrich Nietzsche photo

“The civilized classes and nations are swept away by the grand rush for contemptible wealth. Never was the world worldlier, never was it emptier of love and goodness.”

Die gebildeten Stände und Staaten werden von einer großartig verächtlichen Geldwirtschaft fortgerissen. Niemals war die Welt mehr Welt, nie ärmer an Liebe und Güte.
“Schopenhauer as educator,” § 3.4
Untimely Meditations (1876)

Abraham Lincoln photo

“As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is destroyed. I feel at the moment more anxiety for the safety of my country than ever before, even in the midst of the war. God grant that my suspicions should prove groundless.”

Abraham Lincoln (1809–1865) 16th President of the United States

Purportedly in a letter to Colonel William F. Elkins (21 November 1864) http://www.ratical.org/corporations/Lincoln.html after the passage of the National Bank Act (3 June 1864), these remarks were attributed to Lincoln as early as 1887 but were denounced by John Nicolay, Lincoln's private secretary and biographer. Knights of Labor, "What Will The Future Bring," Journal of United Labor, Vol 8, no. 20, Nov. 19, 1887, pg. 2. Nicolay: "This alleged quotation from Mr. Lincoln is a bald, unblushing forgery. The great President never said it or wrote it, and never said or wrote anything that by the utmost license could be distorted to resemble it." "A Popocratic Forgery" in The New York Times (3 October 1898), p. 1 http://query.nytimes.com/gst/abstract.html?res=9C0DEFDE133BEE33A25750C0A9669D94679ED7CF [moneypowers]The money powers prey upon the nation in times of peace and conspire against it in times of diversity. It is more despotic then monarchy. More insolent than autocracy. More selfish then bureaucracy. I see the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. Corporations have been enthroned. An era of corruption will follow and the money power of the country, will endeavor to prolong it's reign by working upon the prejudices of the people. Until the wealth is aggregated in a few hands and the Republic is destroyed. A variant cited to The Lincoln Encyclopedia (1950) by Archer H. Shaw, p. 40, a collection of Lincoln quotations or attributions which has been criticized for including dubious material and known forgeries. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country... corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. An additional last line is included in David McGowan's Derailing Democracy: The America The Media Don't Want You To See, p.33. The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. A corruption of remarks by William Jennings Bryan at Madison Square Garden (30 August 1906)
Ref: en.wikiquote.org - Abraham Lincoln / Misattributed
Disputed

Jawaharlal Nehru photo
Saul Bellow photo
Imelda Marcos photo

“If you know how rich you are, you are not rich. But me, I am not aware of the extent of my wealth. That's how rich we are.”

Imelda Marcos (1929) Former First Lady of the Philippines

After promising to give $800 million to poor Filipinos if she becomes president, quoted in The Philippine Daily Inquirer (March 1998).

Solón photo

“Wealth I desire to have; but wrongfully to get it, I do not wish.
Justice, even if slow, is sure.”

Solón (-638–-558 BC) Athenian legislator

Plutarch Solon, ch. 2; translation by Bernadotte Perrin. http://www.perseus.tufts.edu/cgi-bin/ptext?lookup=Plut.+Sol.+2.1

Empedocles photo

“Fortunate is he who has acquired a wealth of divine understanding, but wretched the one whose interest lies in shadowy conjectures about divinities.”

Empedocles (-490–-430 BC) ancient Greek philosopher

fr. 132
Variant translations:
Blessed is he who has acquired a wealth of divine wisdom, but miserable is he in whom there rests a dim opinion concerning the gods.
tr. Arthur Fairbanks
Purifications
Source: Fairbanks, Arthur. (1898). The First Philosophers of Greece https://archive.org/stream/cu31924029013162. Kegan Paul, Trench, Trübner & Co. Ltd. p. 201.

Robert K. Merton photo
Blaise Pascal photo

“If it had pleased them [the legislators] to order that this wealth, after having been possessed by fathers during their life, should return to the republic after their death, you would have no reason to complain of it.”

Blaise Pascal (1623–1662) French mathematician, physicist, inventor, writer, and Christian philosopher

Discourses on the Condition of the Great

Plato photo
Barack Obama photo
Stephen Hawking photo

“If machines produce everything we need, the outcome will depend on how things are distributed. Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.”

Stephen Hawking (1942–2018) British theoretical physicist, cosmologist, and author

"Science AMA Series: Stephen Hawking AMA Answers!", reddit.com (8 October 2015) https://www.reddit.com/r/science/comments/3nyn5i/science_ama_series_stephen_hawking_ama_answers/cvsdmkv/; also quoted in "Stephen Hawking Says We Should Really Be Scared Of Capitalism, Not Robots" Huffington Post (8 October 2015) http://www.huffingtonpost.com/entry/stephen-hawking-capitalism-robots_us_5616c20ce4b0dbb8000d9f15

Basil of Caesarea photo
Pancho Villa photo
Karl Marx photo

“Exchange value forms the substance of money, and exchange value is wealth.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

Grundrisse (1857-1858)
Source: Notebook II, The Chapter on Money, p. 141.

Pliny the Younger photo

“The lust of lucre has so totally seized upon mankind, that their wealth seems rather to possess them, than they to possess their wealth.”
Ea invasit homines habendi cupido, ut possideri magis quam possidere videantur.

Pliny the Younger (61–113) Roman writer

Letter 30, 4.
Letters, Book IX

Ibn Khaldun photo
Barack Obama photo
Barack Obama photo
Hans-Hermann Hoppe photo

“Wealth is the hidden side of speed and speed the hidden side of wealth.”

Paul Virilio (1932–2018) French philosopher

Pure War. New York, NY, U.S.A.: Semiotext(e), 1983. p. 30

John Tyndall photo

“The experimental researches of Faraday are so voluminous, their descriptions are so detailed, and their wealth of illustration is so great, as to render it a heavy labour to master them.”

John Tyndall (1820–1893) British scientist

Preface to the Second Edition (December 1869).
Faraday as a Discoverer (1868)
Context: The experimental researches of Faraday are so voluminous, their descriptions are so detailed, and their wealth of illustration is so great, as to render it a heavy labour to master them. The multiplication of proofs, necessary and interesting when the new truths had to be established, are however less needful now when these truths have become household words in science.

Thomas Robert Malthus photo

“There must therefore be a considerable class of persons who have both the will and power to consume more material wealth then they produce, or the mercantile classes could not continue profitably to produce so much more than they consume.”

Book II, Chapter I, On the Progress of Wealth, Section IX, p. 400 (See also: David Ricardo and aggregate demand)
Principles of Political Economy (Second Edition 1836)
Context: But such consumption is not consistent with the actual habits of the generality of capitalists. The great object of their lives is to save a fortune, both because it is their duty to make a provision for their families, and because they cannot spend an income with so much comfort to themselves, while they are obliged perhaps to attend a counting house for seven or eight hours a day...
... There must therefore be a considerable class of persons who have both the will and power to consume more material wealth then they produce, or the mercantile classes could not continue profitably to produce so much more than they consume.

Theodore Roosevelt photo

“The agitator who preaches hatred and practices slander and untruthfulness, and the visionary who promises perfection and accomplishes only destruction, are the worst enemies of reform; and the man of great wealth who accumulates and uses his wealth without regard to ethical standards, who profits by and breeds corruption, and robs and swindles others, is the very worst enemy of property, the very worst enemy of conservatism, the very worst enemy of those “business interests” that only too often regard him with mean admiration and heatedly endeavor to shield him from the consequences of his iniquity.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The Progressives, Past and Present (1910)
Context: Violent excess is sure to provoke violent reaction; and the worst possible policy for our country would be one of violent oscillation between reckless upsetting of property rights, and unscrupulous greed manifested under pretense of protecting those rights. The agitator who preaches hatred and practices slander and untruthfulness, and the visionary who promises perfection and accomplishes only destruction, are the worst enemies of reform; and the man of great wealth who accumulates and uses his wealth without regard to ethical standards, who profits by and breeds corruption, and robs and swindles others, is the very worst enemy of property, the very worst enemy of conservatism, the very worst enemy of those “business interests” that only too often regard him with mean admiration and heatedly endeavor to shield him from the consequences of his iniquity.

Thomas Hobbes photo

“The Interpretation of the Laws of Nature in a Common-wealth, dependeth not on the books of Moral Philosophy.”

The Second Part, Chapter 26, p. 143.
Leviathan (1651)
Context: The Interpretation of the Laws of Nature in a Common-wealth, dependeth not on the books of Moral Philosophy. The Authority of writers, without the Authority of the Commonwealth, maketh not their opinions Law, be they never so true.

“To the East and to the West I beckon. To the North and to the South I show a sign proclaiming: Death to the weakling, wealth to the strong!”

Book I, Section I
The Satanic Bible (1969)
Context: In this arid wilderness of steel and stone I raise up my voice that you may hear. To the East and to the West I beckon. To the North and to the South I show a sign proclaiming: Death to the weakling, wealth to the strong!
Open your eyes that you may see, Oh men of mildewed minds, and listen to me ye bewildered millions!
For I stand forth to challenge the wisdom of the world; to interrogate the "laws" of man and of "God"!
I request reason for your golden rule and ask the why and wherefore of your ten commandments.
Before none of your printed idols do I bend in acquiescence, and he who saith "thou shalt" to me is my mortal foe!
I dip my forefinger in the watery blood of your impotent mad redeemer, and write over his thorn-torn brow: The TRUE prince of evil — the king of slaves!
No hoary falsehood shall be a truth to me; no stifling dogma shall encramp my pen!
I break away from all conventions that do not lead to my earthly success and happiness.
I raise up in stern invasion the standard of the strong!
I gaze into the glassy eye of your fearsome Jehovah, and pluck him by the beard; I uplift a broad-axe, and split open his worm-eaten skull!
I blast out the ghastly contents of philosophically whited sepulchers and laugh with sardonic wrath!

Confucius photo

“The superior man does what is proper to the station in which he is; he does not desire to go beyond this. In a position of wealth and honor, he does what is proper to a position of wealth and honor. In a poor and low position, he does what is proper to a poor and low position.”

Confucius (-551–-479 BC) Chinese teacher, editor, politician, and philosopher

The Analects, The Doctrine of the Mean
Context: The superior man does what is proper to the station in which he is; he does not desire to go beyond this. In a position of wealth and honor, he does what is proper to a position of wealth and honor. In a poor and low position, he does what is proper to a poor and low position. Situated among barbarous tribes, he does what is proper to a situation among barbarous tribes. In a position of sorrow and difficulty, he does what is proper to a position of sorrow and difficulty. The superior man can find himself in no situation in which he is not himself. In a high situation, he does not treat with contempt his inferiors. In a low situation, he does not court the favor of his superiors. He rectifies himself, and seeks for nothing from others, so that he has no dissatisfactions. He does not murmur against Heaven, nor grumble against men. Thus it is that the superior man is quiet and calm, waiting for the appointments of Heaven, while the mean man walks in dangerous paths, looking for lucky occurrences.

Theodore Roosevelt photo

“One of the chief factors in progress is the destruction of special privilege. The essence of any struggle for healthy liberty has always been, and must always be, to take from some one man or class of men the right to enjoy power, or wealth, or position, or immunity, which has not been earned by service to his or their fellows.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The New Nationalism (1910)
Context: In every wise struggle for human betterment one of the main objects, and often the only object, has been to achieve in large measure equality of opportunity. In the struggle for this great end, nations rise from barbarism to civilization, and through it people press forward from one stage of enlightenment to the next. One of the chief factors in progress is the destruction of special privilege. The essence of any struggle for healthy liberty has always been, and must always be, to take from some one man or class of men the right to enjoy power, or wealth, or position, or immunity, which has not been earned by service to his or their fellows. That is what you fought for in the Civil War, and that is what we strive for now.

Jane Roberts photo
John Maynard Keynes photo

“When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.”

as quoted in "Keynes and the Ethics of Capitalism" by Robert Skidelsy http://www.webcitation.org/query?id=1256603608595872&url=www.geocities.com/monedem/keyn.html
Essays in Persuasion (1931), Economic Possibilities for our Grandchildren (1930)
Context: When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a possession — as distinguished from the love of money as a means to the enjoyments and realities of life — will be recognised for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease … But beware! The time for all this is not yet. For at least another hundred years we must pretend to ourselves and to everyone that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. For only they can lead us out of the tunnel of economic necessity into daylight.

Henri Lefebvre photo

“Everything great and splendid is founded on power and wealth.”

Henri Lefebvre (1901–1991) French philosopher

From Critique of Everyday Life: Volume 1 (1947/1991)
Context: Everything great and splendid is founded on power and wealth. They are the basis of beauty. This is why the rebel and the anarchic protester who decries all of history and all the works of past centuries because he sees in them only the skills and the threat of domination is making a mistake. He sees alienated forms, but not the greatness within. The rebel can only see to the end of his own ‘private’ consciousness, which he levels against everything human, confusing the oppressors with the oppressed masses, who were nevertheless the basis and the meaning of history and past works. Castles, palaces, cathedrals, fortresses, all speak in their various ways of the greatness and the strength of the people who built them and against whom they were built. This real greatness shines through the fake grandeur of rulers and endows these buildings with a lasting ‘beauty’. The bourgeoisie is alone in having given its buildings a single, over-obvious meaning, impoverished, deprived of reality: that meaning is abstract wealth and brutal domination; that is why it has succeeded in producing perfect ugliness and perfect vulgarity. The man who denigrates the past, and who nearly always denigrates the present and the future as well, cannot understand this dialectic of art, this dual character of works and of history. He does not even sense it. Protesting against bourgeois stupidity and oppression, the anarchic individualist is enclosed in ‘private’ consciousness, itself a product of the bourgeois era, and no longer understands human power and the community upon which that power is founded. The historical forms of this community, from the village to the nation, escape him. He is, and only wants to be, a human atom (in the scientifically archaic sense of the word, where ‘atom’ meant the lowest isolatable reality). By following alienation to its very extremes he is merely playing into the hands of the bourgeoisie. Embryonic and unconscious, this kind of anarchism is very widespread. There is a kind of revolt, a kind of criticism of life, that implies and results in the acceptance of this life as the only one possible. As a direct consequence this attitude precludes any understanding of what is humanly possible.

Thucydides photo
Barack Obama photo

“Its power to generate wealth and expand freedom is unmatched, but”

Barack Obama (1961) 44th President of the United States of America

2009, First Inaugural Address (January 2009)
Context: Nor is the question before us whether the market is a force for good or ill. Its power to generate wealth and expand freedom is unmatched, but this crisis has reminded us that without a watchful eye, the market can spin out of control — and that a nation cannot prosper long when it favors only the prosperous. The success of our economy has always depended not just on the size of our Gross Domestic Product, but on the reach of our prosperity; on our ability to extend opportunity to every willing heart — not out of charity, but because it is the surest route to our common good.

Barack Obama photo

“A world in which one percent of humanity controls as much wealth as the other 99 percent will never be stable.”

Barack Obama (1961) 44th President of the United States of America

2016, United Nations Address (September 2016)
Context: A world in which one percent of humanity controls as much wealth as the other 99 percent will never be stable. I understand that the gaps between rich and poor are not new, but just as the child in a slum today can see the skyscraper nearby, technology now allows any person with a smartphone to see how the most privileged among us live and the contrast between their own lives and others. Expectations rise, then, faster than governments can deliver, and a pervasive sense of injustice undermine people’s faith in the system. [... ] economies are more successful when we close the gap between rich and poor, and growth is broadly based. And that means respecting the rights of workers so they can organize into independent unions and earn a living wage. It means investing in our people -- their skills, their education, their capacity to take an idea and turn it into a business. It means strengthening the safety net that protects our people from hardship and allows them to take more risks -- to look for a new job, or start a new venture.

Karl Marx photo

“The development of fixed capital indicates in still another respect the degree of development of wealth generally, or of capital…”

Notebook VII, The Chapter on Capital, pp. 628–629.
Grundrisse (1857/58)
Context: The development of fixed capital indicates in still another respect the degree of development of wealth generally, or of capital…
The creation of a large quantity of disposable time apart from necessary labour time for society generally and each of its members (i. e. room for the development of the individuals’ full productive forces, hence those of society also), this creation of not-labour time appears in the stage of capital, as of all earlier ones, as not-labour time, free time, for a few. What capital adds is that it increases the surplus labour time of the mass by all the means of art and science, because its wealth consists directly in the appropriation of surplus labour time; since value directly its purpose, not use value. It is thus, despite itself, instrumental in creating the means of social disposable time, in order to reduce labour time for the whole society to a diminishing minimum, and thus to free everyone’s time for their own development. But its tendency always, on the one side, to create disposable time, on the other, to convert it into surplus labour...
The mass of workers must themselves appropriate their own surplus labour. Once they have done so – and disposable time thereby ceases to have an antithetical existence – then, on one side, necessary labour time will be measured by the needs of the social individual, and, on the other, the development of the power of social production will grow so rapidly that, even though production is now calculated for the wealth of all, disposable time will grow for all. For real wealth is the developed productive power of all individuals. The measure of wealth is then not any longer, in any way, labour time, but rather disposable time. Labour time as the measure of value posits wealth itself as founded on poverty, and disposable time as existing in and because of the antithesis to surplus labour time; or, the positing of an individual’s entire time as labour time, and his degradation therefore to mere worker, subsumption under labour. The most developed machinery thus forces the worker to work longer than the savage does, or than he himself did with the simplest, crudest tools.

Thomas Paine photo

“When the rich plunder the poor of his rights, it becomes an example of the poor to plunder the rich of his property, for the rights of the one are as much property to him as wealth is property to the other and the little all is as dear as the much. It is only by setting out on just principles that men are trained to be just to each other; and it will always be found, that when the rich protect the rights of the poor, the poor will protect the property of the rich.”

Thomas Paine (1737–1809) English and American political activist

1790s, Letter to the Addressers (1792)
Context: It is from a strange mixture of tyranny and cowardice that exclusions have been set up and continued. The boldness to do wrong at first, changes afterwards into cowardly craft, and at last into fear. The Representatives in England appear now to act as if they were afraid to do right, even in part, lest it should awaken the nation to a sense of all the wrongs it has endured. This case serves to shew that the same conduct that best constitutes the safety of an individual, namely, a strict adherence to principle, constitutes also the safety of a Government, and that without it safety is but an empty name. When the rich plunder the poor of his rights, it becomes an example of the poor to plunder the rich of his property, for the rights of the one are as much property to him as wealth is property to the other and the little all is as dear as the much. It is only by setting out on just principles that men are trained to be just to each other; and it will always be found, that when the rich protect the rights of the poor, the poor will protect the property of the rich. But the guarantee, to be effectual, must be parliamentarily reciprocal.

Barack Obama photo

“Let us remember that we can do these things not just because of wealth or power, but because of who we are: one nation, under God, indivisible, with liberty and justice for all.”

Barack Obama (1961) 44th President of the United States of America

2011, Remarks on death of Osama bin Laden (May 2011)
Context: Tonight, let us think back to the sense of unity that prevailed on 9/11. I know that it has, at times, frayed. Yet today’s achievement is a testament to the greatness of our country and the determination of the American people.
The cause of securing our country is not complete. But tonight, we are once again reminded that America can do whatever we set our mind to. That is the story of our history, whether it’s the pursuit of prosperity for our people, or the struggle for equality for all our citizens; our commitment to stand up for our values abroad, and our sacrifices to make the world a safer place.
Let us remember that we can do these things not just because of wealth or power, but because of who we are: one nation, under God, indivisible, with liberty and justice for all.
Thank you. May God bless you. And may God bless the United States of America.

Pindar photo

“Best blessing of all is water, And gold like a fiery flame gleaming at night,
Supreme amidst the pride of lordly wealth.”

Ἄριστον μὲν ὕδωρ, ὁ δὲ χρυσὸς αἰθόμενον πῦρ ἅτε διαπρέπει
νυκτὶ μεγάνορος ἔξοχα πλούτου.
Olympian 1, line 1-2; page 1
Closer translation:
Best is water, but gold stands out blazing like fire
at night beyond haughty wealth.
Olympian Odes (476 BC)

Blaise Pascal photo

“Do not imagine that it is less an accident by which you find yourself master of the wealth which you possess”

Blaise Pascal (1623–1662) French mathematician, physicist, inventor, writer, and Christian philosopher

Discourses on the Condition of the Great
Context: Do not imagine that it is less an accident by which you find yourself master of the wealth which you possess, than that by which this man found himself king.

Theodore Roosevelt photo

“The better distribution of property is desirable, but it is not to be brought about by the anarchic form of Socialism which would destroy all private capital and tend to destroy all private wealth. It represents not progress, but retrogression, to propose to destroy capital because the power of unrestrained capital is abused.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The Progressives, Past and Present (1910)
Context: To my mind the failure resolutely to follow progressive policies is the negation of democracy as well of progress, and spells disaster. But for this very reason I feel concern when progressives act with heedless violence, or go so far and so fast as to invite reaction. The experience of John Brown illustrates the evil of the revolutionary short-cut to ultimate good ends. The liberty of the slave was desirable, but it was not to be brought about by a slave insurrection. The better distribution of property is desirable, but it is not to be brought about by the anarchic form of Socialism which would destroy all private capital and tend to destroy all private wealth. It represents not progress, but retrogression, to propose to destroy capital because the power of unrestrained capital is abused. John Brown rendered a great service to the cause of liberty in the earlier Kansas days; but his notion that the evils of slavery could be cured by a slave insurrection was a delusion analogous to the delusions of those who expect to cure the evils of plutocracy by arousing the baser passions of workingmen against the rich in an endeavor at violent industrial revolution. And, on the other hand, the brutal and shortsighted greed of those who profit by what is wrong in the present system, and the attitude of those who oppose all effort to do away with this wrong, serve in their turn as incitements to such revolution; just as the insolence of the ultra pro-slavery men finally precipitated the violent destruction of slavery.

Theodore Roosevelt photo

“There must remain no neutral ground to serve as a refuge for lawbreakers, and especially for lawbreakers of great wealth, who can hire the vulpine legal cunning which will teach them how to avoid both jurisdictions.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The New Nationalism (1910)
Context: The State must be made efficient for the work which concerns only the people of the State; and the nation for that which concerns all the people. There must remain no neutral ground to serve as a refuge for lawbreakers, and especially for lawbreakers of great wealth, who can hire the vulpine legal cunning which will teach them how to avoid both jurisdictions.

Epicurus photo

“The wealth required by nature is limited and is easy to procure; but the wealth required by vain ideals extends to infinity.”

Epicurus (-341–-269 BC) ancient Greek philosopher

15
Sovereign Maxims

Theodore Roosevelt photo

“The greatest evils in our industrial system to-day are those which rise from the abuses of aggregated wealth; and our great problem is to overcome these evils and cut out these abuses. No one man can deal with this matter. It is the affair of the people as a whole. When aggregated wealth demands what is unfair, its immense power can be met only by the still greater power of the people as a whole, exerted in the only way it can be exerted, through the Government”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1910s, The Progressives, Past and Present (1910)
Context: The greatest evils in our industrial system to-day are those which rise from the abuses of aggregated wealth; and our great problem is to overcome these evils and cut out these abuses. No one man can deal with this matter. It is the affair of the people as a whole. When aggregated wealth demands what is unfair, its immense power can be met only by the still greater power of the people as a whole, exerted in the only way it can be exerted, through the Government; and we must be resolutely prepared to use the power of the Government to any needed extent, even though it be necessary to tread paths which are yet untrod. The complete change in economic conditions means that governmental methods never yet resorted to may have to be employed in order to deal with them. We can not tolerate anything approaching a monopoly, especially in the necessaries of life, except on terms of such thoroughgoing governmental control as will absolutely safe guard every right of the public. Moreover, one of the most sinister manifestations of great corporate wealth during recent years has been its tendency to interfere and dominate in politics.

Theodore Roosevelt photo

“There is but the scantiest justification for most of the outcry against the men of wealth as such; and it ought to be unnecessary to state that any appeal which directly or indirectly leads to suspicion and hatred among ourselves, which tends to limit opportunity, and therefore to shut the door of success against poor men of talent, and, finally, which entails the possibility of lawlessness and violence, is an attack upon the fundamental properties of American citizenship.”

Theodore Roosevelt (1858–1919) American politician, 26th president of the United States

1900s, The Strenuous Life: Essays and Addresses (1900), National Duties
Context: It is probably true that the large majority of the fortunes that now exist in this country have been amassed not by injuring our people, but as an incident to the conferring of great benefits upon the community; and this, no matter what may have been the conscious purpose of those amassing them. There is but the scantiest justification for most of the outcry against the men of wealth as such; and it ought to be unnecessary to state that any appeal which directly or indirectly leads to suspicion and hatred among ourselves, which tends to limit opportunity, and therefore to shut the door of success against poor men of talent, and, finally, which entails the possibility of lawlessness and violence, is an attack upon the fundamental properties of American citizenship.

Epicurus photo
Boris Yeltsin photo

“Liberty sets the mind free, fosters independence and unorthodox thinking and ideas. But it does not offer instant prosperity or happiness and wealth to everyone.”

Boris Yeltsin (1931–2007) 1st President of Russia and Chairman of the Supreme Soviet of the RSFSR

As quoted in Russia and the Independent States (1993) by Daniel C. Diller, p. 446
1990s
Context: Liberty sets the mind free, fosters independence and unorthodox thinking and ideas. But it does not offer instant prosperity or happiness and wealth to everyone. This is something that politicians in particular must keep in mind.

Abraham Lincoln photo

“Fondly do we hope — fervently do we pray — that this mighty scourge of war may speedily pass away. Yet, if God wills that it continue until all the wealth piled by the bondman's two hundred and fifty years of unrequited toil shall be sunk, and until every drop of blood drawn with the lash shall be paid by another drawn with the sword, as was said three thousand years ago, so still it must be said, 'The judgments of the Lord are true and righteous altogether.'”

Abraham Lincoln (1809–1865) 16th President of the United States

1860s, Second Inaugural Address (1865)
Context: The Almighty has his own purposes. 'Woe unto the world because of offenses! for it must needs be that offenses come; but woe to that man by whom the offense cometh.' If we shall suppose that American Slavery is one of those offences which, in the providence of God, must needs come, but which, having continued through His appointed time, He now wills to remove, and that He gives to both North and South, this terrible war, as the woe due to those by whom the offence came, shall we discern therein any departure from those divine attributes which the believers in a Living God always ascribe to Him? Fondly do we hope — fervently do we pray — that this mighty scourge of war may speedily pass away. Yet, if God wills that it continue until all the wealth piled by the bondman's two hundred and fifty years of unrequited toil shall be sunk, and until every drop of blood drawn with the lash shall be paid by another drawn with the sword, as was said three thousand years ago, so still it must be said, 'The judgments of the Lord are true and righteous altogether.

Noam Chomsky photo

“If you take an economics or a political science course, you're taught that humans are supposed to be rational wealth accumulators”

Noam Chomsky (1928) american linguist, philosopher and activist

Interview by Yifat Susskind, August 2001 http://www.madre.org/articles/chomsky-0801.html.
Quotes 2000s, 2001
Context: Take the Kyoto Protocol. Destruction of the environment is not only rational; it's exactly what you're taught to do in college. If you take an economics or a political science course, you're taught that humans are supposed to be rational wealth accumulators, each acting as an individual to maximize his own wealth in the market. The market is regarded as democratic because everybody has a vote. Of course, some have more votes than others because your votes depend on the number of dollars you have, but everybody participates and therefore it's called democratic. Well, suppose that we believe what we are taught. It follows that if there are dollars to be made, you destroy the environment. The reason is elementary. The people who are going to be harmed by this are your grandchildren, and they don't have any votes in the market. Their interests are worth zero. Anybody that pays attention to their grandchildren's interests is being irrational, because what you're supposed to do is maximize your own interests, measured by wealth, right now. Nothing else matters. So destroying the environment and militarizing outer space are rational policies, but within a framework of institutional lunacy. If you accept the institutional lunacy, then the policies are rational.

Barack Obama photo

“When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.”

Barack Obama (1961) 44th President of the United States of America

2013, Remarks on Economic Mobility (December 2013)
Context: So let me repeat: The combined trends of increased inequality and decreasing mobility pose a fundamental threat to the American Dream, our way of life, and what we stand for around the globe. And it is not simply a moral claim that I’m making here. There are practical consequences to rising inequality and reduced mobility. For one thing, these trends are bad for our economy. One study finds that growth is more fragile and recessions are more frequent in countries with greater inequality. And that makes sense. When families have less to spend, that means businesses have fewer customers, and households rack up greater mortgage and credit card debt; meanwhile, concentrated wealth at the top is less likely to result in the kind of broadly based consumer spending that drives our economy, and together with lax regulation, may contribute to risky speculative bubbles.

Henri Barbusse photo

“War kills wealth as it does men; it goes away in ruins and smoke, and one cannot fabricate gold any more than soldiers.”

Henri Barbusse (1873–1935) French novelist

Light (1919), Ch. XVI - De Profundis Clamavi
Context: We cannot say out of what historical conjunctions the final tempests will issue, nor by what fancy names the interchangeable ideals imposed on men will be known in that moment. But the cause — that will perhaps everywhere be fear of the nations' real freedom. What we do know is that the tempests will come.
Armaments will increase every year amid dizzy enthusiasm. The relentless torture of precision seizes me. We do three years of military training; our children will do five, they will do ten. We pay two thousand million francs a year in preparation for war; we shall pay twenty, we shall pay fifty thousand millions. All that we have will be taken; it will be robbery, insolvency, bankruptcy. War kills wealth as it does men; it goes away in ruins and smoke, and one cannot fabricate gold any more than soldiers. We no longer know how to count; we no longer know anything. A billion — a million millions — the word appears to me printed on the emptiness of things. It sprang yesterday out of war, and I shrink in dismay from the new, incomprehensible word.
There will be nothing else on the earth but preparation for war. All living forces will be absorbed by it; it will monopolize all discovery, all science, all imagination.

Friedrich Engels photo

“Everywhere the proletariat develops in step with the bourgeoisie. In proportion, as the bourgeoisie grows in wealth, the proletariat grows in numbers.”

Principles of Communism (1847)
Context: Everywhere the proletariat develops in step with the bourgeoisie. In proportion, as the bourgeoisie grows in wealth, the proletariat grows in numbers. For, since the proletarians can be employed only by capital, and since capital extends only through employing labor, it follows that the growth of the proletariat proceeds at precisely the same pace as the growth of capital. Simultaneously, this process draws members of the bourgeoisie and proletarians together into the great cities where industry can be carried on most profitably, and by thus throwing great masses in one spot it gives to the proletarians a consciousness of their own strength. Moreover, the further this process advances, the more new labor-saving machines are invented, the greater is the pressure exercised by big industry on wages, which, as we have seen, sink to their minimum and therewith render the condition of the proletariat increasingly unbearable. The growing dissatisfaction of the proletariat thus joins with its rising power to prepare a proletarian social revolution.

Thucydides photo
John C. Maxwell photo

“Failure is far more common than success; poverty is more prevalent than wealth; and disappointment is more normal than arrival.”

John C. Maxwell (1947) American author, speaker and pastor

Book Sometimes you win Sometimes you Learn

Indíra Gándhí photo
Chris Hedges photo
Jawaharlal Nehru photo
Mark Twain photo
Mark Twain photo
H.P. Lovecraft photo
Herbert A. Simon photo

“In an information-rich world, the wealth of information means a dearth of something else: a scarcity of whatever it is that information consumes. What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.”

Herbert A. Simon (1916–2001) American political scientist, economist, sociologist, and psychologist

Simon, H. A. (1971) "Designing Organizations for an Information-Rich World" in: Martin Greenberger, Computers, Communication, and the Public Interest, Baltimore. MD: The Johns Hopkins Press. pp. 40–41.
1960s-1970s

Arthur C. Clarke photo

“What was the use of wealth and power unless they could be used to shape one’s dreams?”

The Wall of Darkness, p. 111
2000s and posthumous publications, The Collected Stories of Arthur C. Clarke (2001)

Angela Davis photo
Umar photo

“I advise you to fear Allah alone, with no partner of associate. I advise you to treat the first Muhâjireen well and acknowledge their seniority. I advise you to treat the Ansār well, and show approval of those among them who do well, and forgive those among them who make mistakes. I advise you to treat the people of the outlying regions well, for they are a shield against the enemy and conduits of fay; do not take anything from them except that which is surplus to their needs. I advise you to treat the people of the desert well, for they are the original Arabs and the protectors of Islam. Take from the surplus of their wealth and give it to their poor. I advise you to treat ahl adh-dhīmmah well, to defend them against their enemies and not burden them with more than they can bear if they fulfill their duties towards the believers or pay the Jizyāh with willing submission, and feel themselves subdued. I advise you to fear Allah and fear His wrath, lest you do anything wrong. I advise you to fear Allah with regard to the people, but do not fear the people with regard to Allah. I advise you to treat the people justly, and to devote yourself to looking after them and protecting them against their enemies. Do not show any favour to the rich over the poor. That will be better for your spiritual well being and will help to reduce your burden of sin, and it will be better for your Hereafter, until you meet the One Who knows what is in your heart. I instruct you to be strict with regard to the commands of Allah, His sacred limits and disobedience with all people, both relatives and others. Do not show any mercy to anyone until you have settled the score with him according to his offence. Treat all people as equal, and do not worry about who is as fault or fear the blame of the blamers. Beware of showing favouritism among the believers with regard to the fay that Allah has put you in charge of, lest that lead to injustice. Keep away from that. You are in a position between this world and the Hereafter. If you conduct your affairs justly in this world and refrain from indulgence, that will earn you faith and divine pleasure. I advise you not to let yourself or anyone else do wrong to ahl al-dhimmah. I advise you sincerely to seek thereby the Countenance of Allah and the Hereafter. I have chosen advice for you that I would offer to myself or my son. If you do as I have advised you and follow my instructions, you will have gained a great deal. If you don not accept it or pay attention to it, and do not handle your affairs in the way that pleases Allah, that will be a shortcoming on your part and you will have failed to be sincere, because whims and desires are the same and the cause of sin is Iblīs, who calls man to everything that will lead to his doom. He misguided the generations who came before you and led them to Hell, what a terrible abode. What a bad deal it is for a man to take the enemy of Allah as his friend, who calls him to disobey Allah. Adhere to the truth, strive hard to reach it and admonish yourself. I urge you by Allah to show mercy to the Muslims, honour their elderly, show compassion to their young ones and respect the knowledgeable ones among them. Do not harm them or humiliate them, and do not keep the fay for yourself lest you anger them. Do not deprive them of their stipends when they become due, thus making them poor. Do not keep them away on campaigns for so long that they end up having no children. Do not allow wealth to circulate only among the rich. Do not close your door to the people or allow the strong to oppress the weak. This is my advice to you, as Allah is my witness, and I greet you with peace.”

Umar (585–644) Second Caliph of Rashidun Caliphate and a companion of Muhammad

Umar ibn al-Khattab, Vol. 2, p. 389-390, also quoted in At-Tabqaat ul-Kabir, Vol. 3, p. 339
Last Advise

Karl Marx photo

“The development of fixed capital indicates in still another respect the degree of development of wealth generally, or of capital…
The creation of a large quantity of disposable time apart from necessary labour time for society generally and each of its members (i.e. room for the development of the individuals’ full productive forces, hence those of society also), this creation of not-labour time appears in the stage of capital, as of all earlier ones, as not-labour time, free time, for a few. What capital adds is that it increases the surplus labour time of the mass by all the means of art and science, because its wealth consists directly in the appropriation of surplus labour time; since value directly its purpose, not use value. It is thus, despite itself, instrumental in creating the means of social disposable time, in order to reduce labour time for the whole society to a diminishing minimum, and thus to free everyone’s time for their own development. But its tendency always, on the one side, to create disposable time, on the other, to convert it into surplus labour...
The mass of workers must themselves appropriate their own surplus labour. Once they have done so – and disposable time thereby ceases to have an antithetical existence – then, on one side, necessary labour time will be measured by the needs of the social individual, and, on the other, the development of the power of social production will grow so rapidly that, even though production is now calculated for the wealth of all, disposable time will grow for all. For real wealth is the developed productive power of all individuals. The measure of wealth is then not any longer, in any way, labour time, but rather disposable time. Labour time as the measure of value posits wealth itself as founded on poverty, and disposable time as existing in and because of the antithesis to surplus labour time; or, the positing of an individual’s entire time as labour time, and his degradation therefore to mere worker, subsumption under labour. The most developed machinery thus forces the worker to work longer than the savage does, or than he himself did with the simplest, crudest tools.”

Grundrisse (1857-1858)
Source: Notebook VII, The Chapter on Capital, pp. 628–629.

Mwanandeke Kindembo photo
Mwanandeke Kindembo photo