A Quote by Lewis Mumford

Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.

Lewis Mumford

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Because Becomes Built Cancelled Consumption Devoted Durable Economies Economy Either End Even Expansion Fabricated Fashion Goal Going Goods Industries Instead Larger Leisure Machine Maintain Mandatory Means More Must Nature Obsolescence Once Out Output Producing Production Rapidly Readily Replaced Scale Soon Turn Unfortunately Wealth

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Lewis Mumford
American - Sociologist
October 19, 1895 - January 26, 1990

By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.

Lewis Mumford

Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal."

Lewis Mumford

What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit expansion is built on the sands of banknotes and deposits. It must collapse.

Ludwig von Mises

To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection -- a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.

Friedrich August von Hayek

The effect of the post-Enlightenment project for human society is that all human activity is absorbed into labor. It becomes an unending cycle of production for the sake of consumption. The modern concept of "built-in obsolescence" makes this clear. The cycle of production and consumption has to be kept going, and the work of the artist or craftsman who aims to create something enduring becomes marginal to the economic order.

Lesslie Newbigin

It is certain that despotism ruins individuals by preventing them from producing wealth much more than by depriving them of what they have already produced; it dries up the source of riches, while it usually respects acquired property. Freedom, on the contrary, produces far more goods than it destroys; and the nations which are favored by free institutions invariably find that their resources increase even more rapidly than their taxes.

Alexis de Tocqueville

Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required.

John C. Calhoun

Even if you must have regard to wealth, in order to secure leisure, yet it is surely a bad thing that the greatest offices, such as those of kings and generals, should be bought. The law which allows this abuse makes wealth of more account than virtue, and the whole state becomes avaricious.

Aristotle

Since the eighteenth century the immense expansion of the worlds wealth has come about as a result of a correspondingly immense expansion of credit, which in turn has demanded increasingly stupendous suspensions of disbelief.

Lewis H. Lapham

The expansion of tobacco cessation centers is an important part of our historic and continuing effort to help smokers quit. The expansion of these centers will give even more New Yorkers the help they need to quit once and for all.

George Pataki

Some day no one will have to work more than two days a week... The human being can consume so much and no more. When we reach the point when the world produces all the goods that it needs in two days, as it inevitably will, we must curtail our production of goods and turn our attention to the great problem of what to do with our new leisure.

Julian Huxley

Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.

Hans-Hermann Hoppe

To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.

Calvin Coolidge

Marxism is an interpretation of history which explains the progress of society as a product of the expansion of the forces of production of the material means of life, that is, the development of economy.

Earl Browder

If you think shrinking government and getting it less involved in your life is a hallmark of tyranny it is only because you are either grotesquely ignorant or because you subscribe to a statist ideology that believes the expansion of the state is the expansion of liberty.

Jonah Goldberg

It is unfortunately very true that, without leisure and money, love can be no more than an orgy of the common man. Instead of being a sudden impulse full of ardor and reverie, it becomes a distastefully utilitarian affair.

Charles Baudelaire

A Quote by Lewis Mumford

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