“I judge property myself by its net earning power; that is the only rule I have been able to get.… This whole island [Manhattan] was once bought for a few strings of beads. But now you will find this property valued by its earning power, by its rent power, and that is the way to value a railroad or telegraph.”

— Jay Gould

Testimony to the New York Senate Committee on Labor and Education
Jay Gould : A Character Sketch (1893)

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Jay Gould 10

American businessman 1836–1892

Thomas Ligotti book Songs of a Dead Dreamer

Source: Songs of a Dead Dreamer

“As you hope to prove your own great value to the state, and having proved it, to attain at once to absolute power, so do I indulge a hope that I shall be the supreme power over you, if I am able to prove my own great value to you.”

Plato (-427–-347 BC) Classical Greek philosopher

Socrates speaking to Alcibiades
Alcibiades I

“Knowledge earns you power, character earns you respect.”

Bruce Lee (1940–1973) Hong Kong-American actor, martial artist, philosopher and filmmaker

Variant: Knowledge will give you power, but character respect.
Source: Striking Thoughts (2000), p. 46

“Here’s the pay paradox that Why Men Earn More explains: Men earn more money, therefore men have more power; and men earn more money, therefore men have less power (earning more money as an obligation, not an option). The opposite is true for women: Women earn less money, therefore women have less power; and women earn less money, therefore women have more power”

Warren Farrell (1943) author, spokesperson, expert witness, political candidate

the option to raise children, or to not take a hazardous job
Source: Why Men Earn More (2005), p. 11.

“One-sixth, and a little more, of the population of the United States are slaves, looked upon as property, as nothing but property. The cash value of these slaves, at a moderate estimate, is $2,000,000,000. This amount of property value has a vast influence on the minds of its owners, very naturally. The same amount of property would have an equal influence upon us if owned in the north. Human nature is the same, people at the south are the same as those at the north, barring the difference in circumstances. Public opinion is founded, to a great extent, on a property basis. What lessons the value of property is opposed, what enhances its value is favored. Public opinion at the south regards slaves as property and insists upon treating them like other property.”

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

1860s, Speech at Hartford (1860)

“The tax upon land values is, therefore, the most just and equal of all taxes. It falls only upon those who receive from society a peculiar and valuable benefit, and upon them in proportion to the benefit they receive. It is the taking by the community, for the use of the community, of that value which is the creation of the community. It is the application of the common property to common uses. When all rent is taken by taxation for the needs of the community, then will the equality ordained by Nature be attained. No citizen will have an advantage over any other citizen save as is given by his industry, skill, and intelligence; and each will obtain what he fairly earns. Then, but not till then, will labor get its full reward, and capital its natural return.”

Henry George book Progress and Poverty

Book VIII, Ch. 3
Progress and Poverty (1879)

“Socialism almost never has been judged as a goal in value by the experience of communism in power.”

Alan Charles Kors (1943) American academic

2010s, Socialism's Legacy (2011)

“Every increase of knowledge may possibly render depravity more depraved, as well as it may increase the strength of virtue. It is in itself only power; and its value depends on its application.”

Sydney Smith (1771–1845) English writer and clergyman

Quote reported in Josiah Hotchkiss Gilbert, Dictionary of Burning Words of Brilliant Writers (1895), p. 364

“It does look as if Massachusetts were in a fair way to embarrass me with kindnesses this year. In the first place, a Massachusetts judge has just decided in open court that a Boston publisher may sell, not only his own property in a free and unfettered way, but also may as freely sell property which does not belong to him but to me; property which he has not bought and which I have not sold. Under this ruling I am now advertising that judge's homestead for sale, and, if I make as good a sum out of it as I expect, I shall go on and sell out the rest of his property.”

Mark Twain (1835–1910) American author and humorist

Letter of acceptance of membership to Concord Free Trade Club (March 28, 1885): Mark Twain, his life and work: a biographical sketch (1892), William Montgomery Clemens, Clemens Pub. Co.

“In the country of the blind, the one-eyed man is king. But his kingship is kingship over nothing. It brings no powers and privileges, only loss of faith and exhaustion of the power to act. Its world is a world without values.”

Colin Wilson book The Outsider

Source: The Outsider (1956), Chapter one, The Country of the Blind, referencing a quote by Desiderius Erasmus.
Context: He alone is aware of the truth, and if all men were aware of it, there would be an end of life. In the country of the blind, the one-eyed man is king. But his kingship is kingship over nothing. It brings no powers and privileges, only loss of faith and exhaustion of the power to act. Its world is a world without values.

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