A Quote by Martin O'Malley
We have concentrated wealth and capital to such a degree that the vast majority of us don't have the discretionary dollars to make our economy go and grow.
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Cities are responsible for the vast majority of the creation of the economy. They're also places into which we pour the vast majority of resources, the vast majority of energy and the places where a huge percentage of the decisions about how systems are built and how products designed, etc., happen.
The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.
People are enduring more than a temporary financial crisis. We are witnessing a fundamental shift in the economy. Companies and industries will in great measure no longer grow by borrowing vast capital to make huge acquisitions. The way to grow to critical mass - the Google way - will be to become platforms and networks that enable others to build businesses, grow, and succeed.
Could there be anything resembling a free enterprise economy, if wealth and property were concentrated in the hands of a few, while the great majority owned little more than the shirts on their backs?
Unfortunately, for the vast majority of us, a vast majority of the time, we surrender our true autonomy to this illusion of agency. I'm as guilty as anybody, and I write about it in a book. I'm not condemning anybody.
We need everyone to participate to make our city safe. And we know that the vast majority of immigrants are contributing positively to our economy and to our society here in the city of New York.
Experience tells us that whereas that degree of recognition can happen for one or two actors, for the vast majority it doesn't, so what matters is to try and be a better actor.
One of my quests from the beginning has been to inform people, educate people, sort of train people, if you will, to spot liberalism. The belief that liberalism is the source of the vast majority of our problems, clearly not all, but the vast majority, liberals and liberalism, and the more people trained to spot it, I think, have always believed that it would go a long way to go in defeating it. I think it does need to be defeated.
If, for example, each of us had the same share of capital in the national total capital, then if the share of capital goes up it's not a problem, because you get as much as I do. The problem is that capital in capitalist countries is very heavily concentrated, especially financial capital. So then if the share of income from that source goes up, that actually exacerbates inequality.
Let the Black man go - stop lying to us that you love us. And if you really love us, let us go and give us some of this territory that we can call our own; and give us the billions of dollars that we can get started with land and with tractors and the things that will make us an independent nation.
When you look at the Koch brothers, who make three million dollars an hour on their dividends alone, you begin to get a sense of what we're talking about. The estimates now are that the upper 1% control something like 40% of all wealth. Eighty families in the world control as much as half the world's population. These figures are being produced every day. We need to put a human face to these figures. We need to make clear that something is being taken from the vast majority of people, and is causing an enormous amount of suffering.
Wealth, in terms of dollars and so forth, could be counted up, because dollars were finite. It doesn’t make any difference how many dollars you have - at a certain point you only have dollars. You start with finite, you end with finite.
Wealth, in terms of dollars and so forth, could be counted up, because dollars were finite. It doesn't make any difference how many dollars you have-at a certain point you only have dollars. You start with finite, you end with finite.
We have not done the things that are necessary to lower emissions because those things fundamentally conflict with deregulated capitalism. ... We are stuck because the actions that would give us the best chance of averting catastrophe - and would benefit the vast majority - are extremely threatening to an elite minority that has a stranglehold over our economy, our political process, and most of our major media outlets.
There are but three political-economic roads from which we can choose... We could take the first course and further exacerbate the already concentrated ownership of productive capital in the American economy. Or we could join the rest of the world by taking the second path, that of nationalization. Or we can take the third road, establishing policies to diffuse capital ownership broadly, so that many individuals, particularly workers, can participate as owners of industrial capital. The choice is ours.
Forests, beyond offering us their plainly utilitarian wealth, have to perform vast physiological functions in the great economy of nature, by contributing predominantly in the empire of vegetation to the liberation of oxygen.
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