A Quote by Karl Marx
In the domain of Political Economy, free scientific inquiry meets not merely the same enemies as in all other domains. The peculiar nature of the material it deals with, summons as foes into the field of battle the most violent, mean and malignant passions of the human breast, the Furies of private interest.
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The most violent, mean and malignant passions of the human breast, the Furies of private interest.
Anecdote: It is by no means self-evident that human beings are most real when most violently excited; violent physical passions do not in themselves differentiate men from each other, but rather tend to reduce them to the same state.
Experience shows that nothing is operated with less economy and with more waste of labor and material of every kind than public services and undertakings. Private enterprise on the other hand naturally induces the owner to work with the greatest economy in his own interest.
Private property creates for the individual a sphere in which he is free of the state. It sets limits to the operation of the authoritarian will. It allows other forces to arise side by side with and in opposition to political power. It thus becomes the basis of all those activities that are free from violent interference on the part of the state. It is the soil in which the seeds of freedom are nurtured and in which the autonomy of the individual and ultimately all intellectual and material progress are rooted.
There is nothing that dies so hard and rallies so often as intolerance. The vices and passions which it summons to its support are the most ruthless and the most persistent harbored in the human breast. They sometimes sleep but they never seem to die. Anything, any extraordinary situation, any unnecessary controversy, may light those fires again and plant in our republic that which has destroyed every republic which undertook to nurse it.
The very properties of the human mind that provide an enormous scope for human genius in some domains will serve as barriers to progress in other domains, just as the properties that enable each child to acquire a complex and highly articulated human language block the acquisition of other imaginable linguistic systems.
Reason and free inquiry are the only effective agents against error. Give a loose to them, they will support the true religion by bringing every false one to their tribunal, to the test of their investigation. They are the natural enemies of error and error only. Had not the Roman government permitted free inquiry, Christianity could never have been introduced. Had not free inquiry been indulged at the era of the Reformation, the corruption of Christianity could not have been purged away.
Physics and those parts of other fields that grow out of physics - chemistry, the structure of big molecules - in those domains, there is a lot of progress. In many other domains, there is very little progress in developing real scientific understanding.
What Donald Trump has been concerned about, what he`s talked about, is when we get deals that don`t level the playing field, when we get deals that aren`t the kinds of best deals we can get, we want good deals, and those are free trade deals to lower the barriers between trade between two countries.
The moment that law is destroyed, liberty is lost, and men, left free to enter upon the domains of each other, destroy each other's rights, and invade the field of each other's liberty.
The reality is the most important thing that can be done are these permanent changes like to the tax code, reduction of government spending. These are the things that pop up in economy and move it in the right direction, start to make it an economy that is moving because of the money in the private economy. When you think about it, when the Fed is lowering an interest rate, what it's doing is it's creating more liquidity. It's putting more money into the economy. The same thing happens when you reduce the tax except if happens from physical policy.
Private passions grow tired and wear themselves out; political passions, never.
I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.
There is no private domain of a person's life that is not political, and there is no political issue that is not ultimately personal.
My final words of advice to you are educate, agitate and organize; have faith in yourself. With justice on our side I do not see how we can loose our battle. The battle to me is a matter of joy. The battle is in the fullest sense spiritual. There is nothing material or social in it. For ours is a battle not for wealth or for power. It is battle for freedom. It is the battle of reclamation of human personality.
War is not merely a political act but a real political instrument, a continuation of political intercourse, a carrying out of the same by other means.
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