A Quote by Alexander Hamilton
The tendency of a national bank is to increase public and private credit. The former gives power to the state, for the protection of its rights and interests: and the latter facilitates and extends the operations of commerce among individuals. Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
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Industry is increased, commodities are multiplied, agriculture and manufacturers flourish: and herein consists the true wealth and prosperity of a state.
Since there is no such entity as 'the public,' since the public is merely a number of individuals, the idea that 'the public interest' supersedes private interests and rights can have but one meaning: that the interests and rights of some individuals take precedence over the interests and rights of others.
The power of collecting money from the people is not to be rejected because it has sometimes been oppressive. Public credit is as necessary for the prosperity of a nation as private credit is for the support and wealth of a family.
The true wealth of a state consists in the number of its inhabitants, in their toil and industry.
I think every doctor should know the shocking state of affairs...We discovered they (the FDA) failed to effectively regulate the large manufacturers and powerful interests while recklessly persecuting the small manufacturers. ...(The FDA is) harassing (small) manufacturers and doctors...(and) betrays the public trust.
In the end, it is because the media are driven by the power and wealth of private individuals that they turn private lives into public spectacles. If every private life is now potentially public property, it is because private property has undermined public responsibility.
By the aristocracy of finance must here be understood not merely the great loan promoters and speculators in public funds, in regard to whom it is immediately obvious that their interests coincide with the interests of the state power. All modern finance, the whole of the banking business, is interwoven in the closest fashion with public credit.
The gambling industry has a tendency to find public figures ... and these persons are used for their public image. These people generally come in for a couple of years and then they sell out and it's 100 percent owned by out-of-state interests
Abortion on demand is the ultimate State tyranny; the State simply declares that certain classes of human beings are not persons, and therefore not entitled to the protection of the law. The State protects the 'right' of some people to kill others, just as the courts protected the 'property rights' of slave masters in their slaves. Moreover, by this method the State achieves a goal common to all totalitarian regimes: it sets us against each other, so that our energies are spent in the struggle between State-created classes, rather than in freeing all individuals from the State.
The expansionary operations of the Second Bank of the United States, coupled with its laxity toward insisting on specie payment by the state banks, impelled a further inflationary expansion of state banks on top of the spectacular enlargement of the central bank. Thus, the number of incorporated state banks rose from 232 in 1816 to 338 in 1818.
For the power given to Congress by the Constitution does not extend to the internal regulation of the commerce of a State (that is to say, of the commerce between citizen and citizen,) which remain exclusively with its own legislature; but to its external commerce only, that is to say, its commerce with another State, or with foreign nations, or with the Indian tribes.
Corporate organization in American business and commerce was already well under way by the time Abraham Lincoln became president. But all the evidence from his pre-war lawyering days is that he had little objection to the rise of corporations. As a state legislator, he had strongly favored the creation of an Illinois state bank, as well as sponsoring the chartering of public/private corporations like the Illinois Central Railroad.
For the protection of state and welfare of the people, a ruler shold collect all types of wealth. By suing devices of sama, dama , danda, bheda , he shold increase income of the state, strong administration helps in collecting different type of taxes fro exchequer.
The state has no wealth it hasn't stolen, and the state has no assets whatsoever, except those which individuals have created in the first place and the state has taken.
A state that denies its citizens their basic rights becomes a danger to its neighbors as well: internal arbitrary rule will be reflected in arbitrary external relations. The suppression of public opinion, the abolition of public competition for power and its public exercise opens the way for the state power to arm itself in any way it sees fit.... A state that does not hesitate to lie to its own people will not hesitate to lie to other states.
The socialism of centralised state control of industry and production, is dead. It misunderstood the nature and development of a modern market economy. It failed to recognise that the state and public sector can become a vested interest capable of oppression as much as the vested interests of wealth and capital. it was based on a false view of class that became too rigid to explain or illuminate the nature of class division today.
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