Quotes about income
page 6

Jamelle Bouie photo
Jamelle Bouie photo
Luis Alberto Urrea photo
Donald J. Trump photo
Richard D. Wolff photo

“A worker-coop based economy—where workers democratically run enterprises, deciding what, how and where to produce, and what to do with any profits—could, and likely would, put social needs and goals (like proper preparation for pandemics) ahead of profits. Workers are the majority in all capitalist societies; their interests are those of the majority. Employers are always a small minority; theirs are the "special interests" of that minority. Capitalism gives that minority the position, profits and power to determine how the society as a whole lives or dies. That's why all employees now wonder and worry about how long our jobs, incomes, homes and bank accounts will last—if we still have them. A minority (employers) decides all those questions and excludes the majority (employees) from making those decisions, even though that majority must live with their results. Of course, the top priority now is to put public health and safety first. To that end, employees across the country are now thinking about refusing to obey orders to work in unsafe job conditions. U.S. capitalism has thus placed a general strike on today's social agenda. A close second priority is to learn from capitalism's failure in the face of the pandemic. We must not suffer such a dangerous and unnecessary social breakdown again. Thus system change is now also moving onto today's social agenda.”

Richard D. Wolff (1942) American economist

COVID-19 and the Failures of Capitalism (2020)

Richard D. Wolff photo
Richard D. Wolff photo

“We have a lot of employment, but the quality of the jobs has collapsed over the last 10 years. The people who work now used to be people who had a job with good income, good benefits and good security. The jobs, overwhelmingly, created have none of those things: low wages—that’s why our wages have gone nowhere; bad benefits—those are shrinking, pensions and so on; and the security is virtually gone. One of our biggest problems in America is people don’t know one week to the next what hours they’re working, what income they’ll get. You can’t have a life like this. So, what we’ve done is we’ve ratcheted down the quality of jobs. We’ve made people use up their savings since the great crash of 2008, so they’re in a bind. They have really no choice but to offer themselves at lower wages or at less benefit or at less security than before, which is why there’s the anger, which is why there was the vote for Mr. Trump in the first place, because this talk of recovery really is about that stock market with the funny money that the Fed Reserve pumped in, but is not about the real lives of people, which are in serious trouble, hence the numbers, like a average American family can’t get a $400 emergency cost because it doesn’t have that kind of money in the background. So, you’ve undone the underlying economy, you have this frothy stock market for the 1 percent, and this is an impossible tension tearing the country apart.”

Richard D. Wolff (1942) American economist

We Need a More Humane Economic System—Not One That Only Benefits the Rich (December 26, 2018)

Richard D. Wolff photo
Bernie Sanders photo

“These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger. Who's the banana republic now?”

Bernie Sanders (1941) American politician, senator for Vermont

Close The Gaps: Disparities That Threaten America https://www.sanders.senate.gov/newsroom/must-read/close-the-gaps-disparities-that-threaten-america, Valley News, 5 August 2011
2010s

Joseph E. Stiglitz photo
Milton Friedman photo

“I have been impressed time and again by the schizophrenic character of many businessmen. They are capable of being extremely far‐sighted and clear‐headed in matters that are internal to their businesses. They are incredibly short sighted and muddle‐headed in mat ters [sic!] that are outside their businesses but affect the possible survival of business in general. This short sightedness is strikingly exemplified in the calls from many businessmen for wage and price guidelines or controls or incomes policies. There is nothing that could do more in a brief period to destroy a market system and replace it by a centrally controlled system than effective governmental control of prices and wages. The short‐sightedness is also exemplified in speeches by business men on social responsibility. This may gain them kudos in the short run. But it helps to strengthen the already too prevalent view that the ptirsuit [sic!] of profits is wicked and im moral [sic!] and must be curbed and controlled by external forces. Once this view is adopted, the external forces that curb the market will not be the social consciences, however highly developed, of the pontificating executives; it will be the iron fist of Government bureaucrats. Here, as with price and wage controls, business men seem to me to reveal a suicidal impulse.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits” (Sept. 1970)

John F. Kennedy photo
John F. Kennedy photo
Jon Ossoff photo
Jane Austen photo

“A large income is the best recipe for happiness I ever heard of.”

Mansfield Park (1814)
Works, Mansfield Park

Maximilien Robespierre photo
Scott Nearing photo

“Live within your income; spend less than you get; pay as you go.”

Scott Nearing (1883–1983) American activist

Attributed to Scott Nearing by Helen Nearing, Loving and Leaving the Good Life (White River Junction: Chelsea Green Publishing, 1993), p. 104 https://books.google.com/books?id=1pM2aj5YqZkC&pg=PA104

Delcy Rodríguez photo

“Today the private sector of Venezuela is becoming less dependent on oil income. It's becoming a sector that invests, produces and finds in Venezuela a space where it can develop its potential.”

Delcy Rodríguez (1969) Venezuelan politician and lawyer

Source: Delcy Rodríguez (2021) cited in: " Can Maduro’s reluctant reforms halt Venezuela’s economic freefall? https://www.batimes.com.ar/news/economy/can-maduros-reluctant-reforms-halt-venezuelas-economic-freefall.phtml" in BA Times, 25 June 2021.

George Bernard Shaw photo
Mirza Basheer-ud-Din Mahmood Ahmad photo
Guy P. Harrison photo
Mitski photo

“I felt it was shaving away my soul little by little…The music industry is this supersaturated version of consumerism. You are the product being consumed, bought, and sold. Even the people on your team who are your friends, the very foundation of your dynamic is that they get a percentage of your income. Every time I turned something down, it would mean that they would make less money.”

Mitski (1990) Japanese-American singer-songwriter

Laurel Hell
Source: On why she initially decided to leave the music industry in Mitski Had to Quit Music to Love It” https://www.rollingstone.com/music/music-features/mitski-new-album-laurel-hell-cover-story-1272973/ in Rolling Stone (2021 Dec 27)

Chris Hedges photo
John Kenneth Galbraith photo
Joe Biden photo

“At least 55 corporations in America didn't pay a single penny in federal income tax last year. That’s got to change—and my Build Back Better Agenda will get it done.”

Joe Biden (1942) 47th Vice President of the United States (in office from 2009 to 2017)

via twitter (October 25, 2021) https://twitter.com/JoeBiden/status/1452666011350614020
2021, October 2021