A Quote by Herbert A. Simon
A wealth of information creates a poverty of attention.
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What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.
Let us look at wealth and poverty. The affluent society and the deprived society inter-are. The wealth of one society is made of the poverty of the other. "This is like this, because that is like that." Wealth is made of non-wealth elements, and poverty is made by non-poverty elements. [...] so we must be careful not to imprison ourselves in concepts. The truth is that everything contains everything else. We cannot just be, we can only inter-be. We are responsible fo everything that happens around us.
It is true that so far as wealth gives time for ideal ends and exercise to ideal energies, wealth is better than poverty and ought to be chosen. But wealth does this in only a portion of the actual cases. Elsewhere the desire to gain wealth and the fear to lose it are our chief breeders of cowardice and propagators of corruption. There must be thousands of conjunctures in which a wealth-bound man must be a slave, whilst a man for whom poverty has no terrors becomes a freeman.
While government clearly plays the major role in fighting poverty through policies on things such as education, tax, and trade, business creates the wealth that matters.
When you read Marx (or Jesus) this way, you come to see that real wealth is not material wealth and real poverty is not just the lack of food, shelter, and clothing. Real poverty is the belief that the purpose of life is acquiring wealth and owning things. Real wealth is not the possession of property but the recognition that our deepest need, as human beings, is to keep developing our natural and acquired powers to relate to other human beings.
Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.
Both poverty and wealth, therefore, have a bad effect on the quality of the work and the workman himself. Wealth and poverty, I answered. One produces luxury and idleness and a passion for novelty, the other meanness and bad workmanship and revolution into the bargain.
There are no causes of poverty. To ask what causes poverty is like asking what causes coldit is the absence of energy. Similarly poverty is the absence of wealth. We should ask, ‘what are the causes of wealth?’
Television is altering the meaning of 'being informed' by creating a species of information that might properly be called disinformation. Disinformation does not mean false information. It means misleading information - misplaced, irrelevant, fragmented or superficial information - information that creates the illusion of knowing something, but which in fact leads one away from knowing.
Since the government creates no wealth, it can only transfer the wealth required to hire people. Even if the government creates a million jobs, that is not a net increase in jobs, when the money that pays for those jobs is taken from the private sector, which loses that much ability to create private jobs.
The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn't incentivize them to create their own wealth.
My dream is for Malawi to be poverty-free, and I intend to eradicate poverty through economic growth and wealth creation.
Contrary to age-old prejudices, the wealth of the rich is not the cause of the poverty of the poor, but helps to alleviate that poverty.
I think that any wealth creates a sense of trusteeship... it is characteristic of the new generation which has created wealth to have some amount of responsibility for it.
I disagreed with Carnegie's ideas on how to best to distribute his wealth. I spent mine! Spending creates more wealth for everybody.
The form of law which I propose would be as follows: In a state which is desirous of being saved from the greatest of all plagues-not faction, but rather distraction-there should exist among the citizens neither extreme poverty nor, again, excessive wealth, for both are productive of great evil . . . Now the legislator should determine what is to be the limit of poverty or of wealth.
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