A Quote by E.C. Riegel

Money power cannot be separated from democratic power without miscarriage and ensuing frustration - political and economic. Democracy implies the sovereignty of man; and, since man cannot be sovereign without the money power, there can not be democracy under the political money system.

E.C. Riegel

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Cannot Democracy Democratic Economic Frustration Implies Man Miscarriage Money Money Power Political Power Separated Since Sovereign Sovereignty System Without

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E.C. Riegel
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June 18, 1879 - 1953

When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.

E.C. Riegel

Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.

Mortimer Adler

Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are inescapable while government is admitted to money power. Since all national governments have, up to the present, been money issuing powers we may justly attribute all the economic and political ills of mankind to this single error.

E.C. Riegel

In our political system, money is power. And that means a few can have a lot more power than the rest. That's bad news for everyone else - and for our democracy itself.

Al Franken

I don't need money, or, better, it's not money that I need; it's not even power; I need only what is obtained by power and simply cannot be obtained without power: the solitary and calm awareness of strength! That is the fullest definition of freedom, which the world so struggles over!

Fyodor Dostoevsky

From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase.

Alex Campbell

Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege.

Tommy Douglas

We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.

John Trudell

I believe in a democracy and we live in a democracy. We have a titular head of state as the monarch but without political power.

Jeremy Corbyn

Where is democratic process or popular sovereignty for the endangered population? It cannot be "given" or "allocated" by some other power without that same power claiming the right to withdraw what it gives.

Judith Butler

Until we realize that our money power is our sovereign power we cannot act as sovereigns

E.C. Riegel

It is true you cannot eat freedom and you cannot power machinery with democracy. But then neither can political prisoners turn on the light in the cells of a dictatorship.

Corazon Aquino

The power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.

Milton Friedman

Character is money; and according as the man earns or spends the money, money in turn becomes character. As money is the most evident power in the world's uses, so the use that he makes of money is often all that the world knows about a man.

Edward Bulwer-Lytton, 1st Baron Lytton

The challenge remains. On the other side are formidable forces: money, political power, the major media. On our side are the people of the world and a power greater than money or weapons: the truth.

Howard Zinn

There is not a more dangerous experiment than to place property in the hands of one class, and political power in those of another... If property cannot retain the political power, the political power will draw after it the property.

Daniel Webster

A Quote by E.C. Riegel

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