A Quote by John Maynard Keynes
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
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Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.
To control the production of wealth is to control human life itself. To refuse man the opportunity for the production of wealth is to refuse him the opportunity for life; and, in general, the way in which the production of wealth is by law permitted is the only way in which the citizens can legally exist.
Every time man makes a new experiment he always learns more. He cannot learn less. He may learn that what he thought was true was not true. By the elimination of a false premise, his basic capital wealth which in his given lifetime is disembarrassed of further preoccupation with considerations of how to employ a worthless time-consuming hypothesis. Freeing his time for its more effective exploratory investment is to give man increased wealth.
Capital is that part of wealth which is devoted to obtaining further wealth.
It was with the Industrial Revolution, as society plunged ever more eagerly into the conquest of material riches and bent all its energies to the accumulation of goods, that material poverty became a major problem. Obviously, this meant abandonment or downgrading of spiritual values, virtue, etc. To share or not to share in the increase of the collective wealth-this was the Number One question. It was the desire to acquire wealth that prompted the poor to start fighting.
A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment.
That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means of further production.
Automation provides us with wondrous increases of production and information, but does it tell us what to do with the men the machines displace? Modern industry gives us the capacity for unparalleled wealth - but where is our capacity to make that wealth meaningful to the poor of every nation?
When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits are high. Corporate tax rates must also be cut to increase incentives and the availability of investment capital.
The prerequisite for more economic equality in the world is industrialization. And this is possible only through increased capital investment, increased capital accumulation.
Those who have not found their true wealth, which is the radiant joy of Being and the deep, unshakable peace that comes with it, are beggars, even if they have great material wealth.
The wealth that increases by giving, That wealth is knowledge and is supreme of all possessions.
Creativity is the foundation of wealth. All progress comes from the creative minority. Under capitalism, wealth is less a stock of goods than a flow of ideas, the defining characteristic of which is surprise. If it were not surprising, we could plan it, and socialism would work.
The information revolution has changed people's perception of wealth. We originally said that land was wealth. Then we thought it was industrial production. Now we realize it's intellectual capital. The market is showing us that intellectual capital is far more important that money. This is a major change in the way the world works. the same thing that happened to the farmers during the Industrial Revolution is now happening to people in industry as we move into the information age.
Hold material goods and wealth on a flat palm and not in a clenched fist.
Labour is ... not the only source of material wealth, i.e, of the use-values it produces. As William Petty says, Labour is the father of material wealth, the earth is its mother.
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