“The tremendous and highly complex industrial development which went on with ever accelerated rapidity during the latter half of the nineteenth century brings us face to face, at the beginning of the twentieth, with very serious social problems. The old laws, and the old customs which had almost the binding force of law, were once quite sufficient to regulate the accumulation and distribution of wealth. Since the industrial changes which have so enormously increased the productive power of mankind, they are no longer sufficient.”

1900s, First Annual Message to Congress (1901)

Adopted from Wikiquote. Last update Sept. 29, 2023. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The tremendous and highly complex industrial development which went on with ever accelerated rapidity during the latter…" by Theodore Roosevelt?

Theodore Roosevelt445

American politician, 26th president of the United States 1858–1919

Related quotes

“Clearly, the broad effect of economic evolution until about 1920 was to increase the concentration of jobs in the cyclically volatile industries, and this was a major force tending to intensify declines of employment during business contractions. Since then, the continued progress of technology, the very factor which originally was mainly responsible for the concentration in the cyclical industries, has served to arrest this tendency. The upward trend of production in manufacturing and the other highly cyclical industries has remained rapid in recent decades.”

Arthur F. Burns (1904–1987) American economist and diplomat

Source: "Progress Towards Economic Stability", 1969, p. 109-110

“The old form of trade union, which was born in the nineteenth century and aimed primarily at negotiating wages for a specific trase is no longer sufficient. First of all, as we have been argueing, the old trade unions are not able to represent the unemployed, the poor, or even the mobile and flexible post-Fordist workers with short term contracts, all of whom participate actively in social production and increase social wealth. Second, the old unions are divided according to the various products and tasks defined in the heyday of industrial production - a miners' union, a pipefitters' union, a machinists' union and so forth. Today, insofar as the conditions and the relations of labor are becoming common, these traditional divisions (or even newly defined divisions) no longer make sense and serve only as an obstacle. Finally the old unions have become purely economic, not political, organization.”

Antonio Negri book Multitude: War and Democracy in the Age of Empire

136
Multitude: War and Democracy in the Age of Empire

“Hayek was too harsh on Freud. It is, indeed, one of the surprising facts of the development of intellectual thought during the twentieth century that Freud—who was so pervasive and dominating during the first half of that century—virtually dropped off the face of the map during the second half. Hayek was almost the last person still talking about Freud, in the sense of taking him as a serious living influence on civilization.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“Up to 1931 there was no reason to suppose that social changes would not, or could not, follow the same evolutionary pattern which had resulted from the increased creation and distribution of wealth during the nineteenth century. Now, after 1931, many of us felt that the disease was more deep-rooted. It had become evident that the structure of capitalist society in its old form had broken down, not only in Britain but all over Europe and even in the United States. The whole system had to be reassessed. Perhaps it could not survive at all; it certainly could not survive without radical change. Something like a revolutionary situation had developed, not only at home but overseas.”

Harold Macmillan (1894–1986) British politician

Harold Macmillan (1966) Winds of change, 1914-1939. p. 266 as cited in Brian Vickery (2005) "Coming of age in the 1930s" ( online http://web.archive.org/web/20080531130709/http://www.lucis.me.uk/thirties.htm at archive.org) <br class="br">1960s

“Little of the old establishment survives in modern industry: the emphasis is upon change and adaptability; the rate of change mounts to an increasing tempo. We have in fact passed beyond that stage of human organisation in which effective communication and collaboration were secured by established routines of relationship. For this change, physico-chemical and technical development are responsible. It is no longer possible for an industrial society to assume that the technical processes of manufacture will exist unchanged for long in any type of work. On the contrary, every industry is constantly seeking to change, not only its methods, but the very materials it uses; this development has been stimulated by the war.”

Elton Mayo (1880–1949) Australian academic

Source: The Social Problems of an Industrial Civilisation, 1945, p. 13; Partly cited in: Lyndall Urwick & Edward Brech (1949). The Making Of Scientific Management Volume III https://archive.org/stream/makingofscientif032926mbp#page/n241/mode/1up, p. 216

“Every change in the social order, every revolution in property relations, is the necessary consequence of the creation of new forces of production which no longer fit into the old property relations. Private property has not always existed. When, towards the end of the Middle Ages, there arose a new mode of production which could not be carried on under the then existing feudal and guild forms of property, this manufacture, which had outgrown the old property relations, created a new property form, private property. And for manufacture and the earliest stage of development of big industry, private property was the only possible property form; the social order based on it was the only possible social order.”

Friedrich Engels (1820–1895) German social scientist, author, political theorist, and philosopher

(1847)

“The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.”

John Maynard Keynes book The Economic Consequences of the Peace

Source: The Economic Consequences of the Peace (1919), Chapter II, Section III, p. 19

“No great idea in its beginning can ever be within the law. How can it be within the law? The law is stationary. The law is fixed. The law is a chariot wheel which binds us all regardless of conditions or place or time.”

Emma Goldman book Anarchism and Other Essays

Source: Anarchism and Other Essays

“There is a written and an unwritten law. The one by which we regulate our constitutions in our cities is the written law; that which arises from customs is the unwritten law.”

Diogenes Laërtius (180–240) biographer of ancient Greek philosophers

Plato, 51.
The Lives and Opinions of Eminent Philosophers (c. 200 A.D.), Book 3: Plato

“The distribution of wealth, therefore, depends on the laws and customs of society.”

Robert L. Heilbroner book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter V, The Utopian Socialists, p. 123

Help us to complete the source, original and additional information

Theodore Roosevelt445

Related quotes

Related topics