A Quote by Peter Drucker
Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will be taken over by a Central government
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There is one central characteristic of anarchism on the matter of means, and that central principle is a principle of direct action - of not going through the forms that the society offers you, of representative government, of voting, of legislation, but directly taking power.
Unless the people, through unified action, arise and take charge of their government, they will find that their government has taken charge of them. Independence and liberty will be gone, and the general public will find itself in a condition of servitude to an aggregation of organized and selfish interest.
Sycophancy toward those who hold power is a fact in every regime, and especially in a democracy, where, unlike tyranny, there is an accepted principle of legitimacy that breaks the inner will to resist.... Flattery of the people and incapacity to resist public opinion are the democratic vices, particularly among writers, artists, journalists and anyone else who is dependent on an audience.
When you own gold you're fighting every central bank in the world. That's because gold is a currency that competes with government currencies and has a powerful influence on interest rates and the price of government bonds. And that's why central banks long have tried to suppress the price of gold. Gold is the ticket out of the central banking system, the escape from coercive central bank and government power.
America needs fewer laws, not more prisons. By trying to seize far more power than is necessary over American citizens, the federal government is destroying its own legitimacy. We face a choice not of anarchy or authoritarianism, but a choice of limited government or unlimited government .
As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.
Power without principle is barren, but principle without power is futile. This is a party of government, and I will lead it as a party of government.
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities.
They are involve in producing products and there are different kinds of people running them, but the principle is the same. A corporation shouldn't have the right. Under American law as its developed over the past century, corporation do have personal rights, but I think that's a very negative development.
Power has to be protected from scrutiny. That's the principle of every dictatorship, of every autocracy. You hear it from high priests at Harvard and every government department, that power has to be kept secret otherwise it will fade and it won't work. But Bradley Manning is violating that principle.
With a nonviolent movement we are still inviting a strong reaction from the government or ruling authorities. We are inviting a powerful reaction against ourselves. But it undermines the moral legitimacy of our current government. That is the path we need to pursue. Rather than reinforcing their legitimacy we need to undermine their legitimacy.
I feel that if people investigate the emergence of government, of State power - if they examine the logic of State power historically, and more specifically in the United States - they will find that the concept of limited government is not tenable once they adopt some type of libertarian principle.
Unless we lay our course in accordance with this principle, the great power for good in the world with which we have been intrusted by a Divine Providence will be turned to a power for evil.
We know now that Government by organized money is just as dangerous as Government by organized mob.... [The organized moneyed people] are unanimous in their hate for me and I welcome their hatred.... I should like to have it said of my second administration that these forces met their master.
Unless the mass retains sufficient control over those entrusted with the powers of their government, these will be perverted to their own oppression, and to the perpetuation of wealth and power in the individuals and their families selected for the trust.
That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.
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