A Quote by Owen Jones

The market fundamentalist ideology that dominates much of the west has attempted to indoctrinate us with a simple myth: that we all rise or fall according to our individual efforts alone; that billionaires amass vast amounts of wealth because they are entrepreneurial, plucky, go-getting geniuses.
The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.
Overconsumption is a "cancer eating away at our spiritual vitals." It cuts the heart right out of our compassion. It distances us from the great masses of broken bleeding humanity. It converts us into materialists. We become less able to ask moral questions. For example, just because we have the economic muscle to buy up vast amounts of the world's oil, does that give us the right to do so? When the poor farmer of India is unable to buy a gallon of gasoline to run his simple water pump because the world's demand has priced him out of the market, who is to blame?
While I generally find that great myths are great precisely because they represent and embody great universal truths, the myth of romantic love is a dreadful lie. Perhaps it is a necessary lie in that it ensures the survival of the falling-in-love experience that traps us into marriage. But as a psychiatrist I weep in my heart almost daily for the ghastly confusion and suffering that this myth fosters. Millions of people waste vast amounts of energy desperately and futilely attempting to make the reality of their lives conform to the unreality of the myth.
It wasn't an excuse. It was a fact. He'd had to make his way alone, and no one - not rock stars, not professional athletes, not software billionaires, and not even geniuses - ever makes it alone.
We throw our parties; we abandon our families to live alone in Canada; we struggle to write books that do not change the world, despite our gifts and our unstinting efforts, our most extravagant hopes. We live our lives, do whatever we do, and then we sleep--it's as simple and ordinary as that. A few jump out of windows or drown themselves or take pills; more die by accident; and most of us, the vast majority, are slowly devoured by some disease or, if we're very fortunate, by time itself.
The world has witnessed the rise and fall of monarchy, the rise and fall of dictatorship, the rise and fall of feudalism, the rise and fall of communism, and the rise of democracy; and now we are witnessing the fall of democracy... the theme of the evolution of life continues, sweeping away with it all that does not blossom into perfection.
Some politicians were probably too lax about the rise of an extremist, fundamentalist, radical ideology.
There is no such thing as agflation. Rising commodity prices, or increases in any prices, do not cause inflation. Inflation is what causes prices to rise. Of course, in market economies, prices for individual goods and services rise and fall based on changes in supply and demand, but it is only through inflation that prices rise in aggregate.
My students sometimes ask: what is a fundamentalist? I give them a very simple definition. A fundamentalist is no fun, too much damn, and not enough mental.
There is a complete difference between art and the art market. Prices are high now for the simple reason that there are people are willing to pay them. The market dominates the art world today because at the moment collectors call the shots. Like everything else that won't last forever.
To exist in this vast universe for a speck of time is the great gift of life. Our tiny sliver of time is our gift of life. It is our only life. The universe will go on, indifferent to our brief existence, but while we are here we touch not just part of that vastness, but also the lives around us. Life is the gift each of us has been given. Each life is our own and no one else's. It is precious beyond all counting. It is the greatest value we can have. Cherish it for what it truly is..... Your life is yours alone. Rise up and live it.
The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.
We have to confront ourselves. Do we like what we see in the mirror? And, according to our light, according to our understanding, according to our courage, we will have to say yea or nay - and rise!
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.
We are children, perhaps, at the very moment when we know that it is as children that God loves us - not because we have deserved his love and not in spite of our undeserving; not because we try and not because we recognize the futility of our trying; but simply because he has chosen to love us. We are children because he is our father; and all of our efforts, fruitful and fruitless, to do good, to speak truth, to understand, are the efforts of children who, for all their precocity, are children still in that before we loved him, he loved us, as children, through Jesus Christ our lord.
The existence of billionaires should sound an alarm: they are the most extreme manifestation of wealth generated by the efforts of millions of people being funnelled into the pockets of a tiny few.
This site uses cookies to ensure you get the best experience. More info...
Got it!