A Quote by James Madison
The growing wealth aquired by them corporations never fails to be a source of abuses.
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There is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by...corporations. The power of all corporations ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses.
The greatest wealth of this nation is not only the mergers of giant corporations or the possibility of further globalization of the infrastructure of the world. In the United States, our greatest single source of wealth is the minds and talent of our young people. Not to use it is stupid - to waste it is a crime.
There is nothing wrong with corporations. Corporations are a good thing. But corporations should not be running our government. Corporations are good because they drive our economy, they encourage people to assemble wealth and to risk it and then create jobs.
I'm not against the corporations. They are our wealth. But they are getting too greedy. I don't want to do away with corporations. I want them to make our cars, however, not our laws.
![Doris "Granny D" Haddock](/assets/images/photos/avatars/doris-"granny-d"-haddock.webp)
The real difficulty is with the vast wealth and power in the hands of the few and the unscrupulous who represent or control capital. Hundreds of laws of Congress and the state legislatures are in the interest of these men and against the interests of workingmen. These need to be exposed and repealed. All laws on corporations, on taxation, on trusts, wills, descent, and the like, need examination and extensive change. This is a government of the people, by the people, and for the people no longer. It is a government of corporations, by corporations, and for corporations.
Labour is the source of all wealth, the political economists assert. And it really is the source -- next to nature, which supplies it with the material that it converts into wealth. But it is even infinitely more than this. It is the prime basic condition for all human existence, and this to such an extent that, in a sense, we have to say that labour created man himself.
The amassing of unfettered wealth of individuals and corporations should stop. The inheritance of rich people's wealth by their children should stop. The expropriators should have their wealth expropriated and redistributed.
Somebodys paying the corporations that destroyed Iraq and the corporations that are rebuilding it. Theyre getting paid by the American taxpayer in both cases. So we pay them to destroy the country, and then we pay them to rebuild it. Those are gifts from U.S. taxpayer to U.S. corporations.
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
It is easy to understand that the nearer we live to the source of wealth, the more wealth we shall receive.
If the U.S. fails to set the rules for global trade, then other countries with records of environmental and labor abuses, like China, will step in to fill the void.
I hope that that the people in the Occupy movement are politically aware enough to know that their being excluded from the obscene amassing of wealth of US corporations is part of the same system of the exclusion and war that is being waged by these corporations in places like India, Africa and the Middle East.
Our goal is not to assume leadership of existing institutions, but rather to render them irrelevant. We don't want to take over the state or change its policies. We want to render its laws unenforceable. We don't want to take over corporations and make them more 'socially responsible.' We want to build a counter-economy of open-source information, neighborhood garage manufacturing, permaculture, encrypted currency and mutual banks, leaving the corporations to die on the vine along with the state. We do not hope to reform the existing order. We intend to serve as its grave-diggers.
Love as a concrete foundation for an authentically functional civilization requires the around-the-clock labors of forgiveness. Without it, Love fails, Friendship fails, Intelligence fails, Humanity: fails.
Throughout the 20th century, we created wealth through vertically integrated corporations. Now, we create wealth through networks. We are at a turning point in human history, where the industrial age has finally run out of gas.
Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is the most important source of wealth for all but those at the very top.
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