A Quote by John Bates Clark
The first issue to be settled is whether socialism has a right to exist Are its allegations concerning the present system true? Is industry proceeding on a principle of fraud? I wish to test the power of recent economic theory to give an exact answer to this question.
Related Quotes
The first issue to be settled is whether socialism has a right to exist. Are its allegations concerning the present system true? Is industry proceeding on a principle of fraud? I wish to test the power of recent economic theory to give an exact answer to this question.
The issue is not whether there are horrible cases where the penalty seems "right". The real question is whether we will ever design a capital system that reaches only the "right" cases, without dragging in the wrong cases, cases of innocence or cases where death is not proportionate punishment. Slowly, even reluctantly, I have realized the answer to that question is no- we will never get it right.
The true test of liberty is the right to test it, the right to question it, the right to speak to my neighbors, to grab them by the shoulders and look into their eyes and ask, “Are we free?” I have thought that if we are free, the answer cannot hurt us. And if we are not free, must we not hear the answer?
The first question concerning the Celestial Bodies is whether there be a system, that is whether the world or universe compose together one globe, with a center, or whether the particular globes of earth and stars be scattered dispersedly, each on its own roots, without any system or common center.
The only goal of science is the honour of the human spirit, and a question in number theory is worth a question concerning the system of the world.
What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.
The question is not whether a doctrine is beautiful but whether it is true. When we wish to go to a place, we do not ask whether the road leads through a pretty country, but whether it is the right road.
Far better an approximate answer to the right question, which is often vague, than the exact answer to the wrong question, which can always be made precise.
What I do for living, working on something called string theory which we think may answer the fundamental question: Are there other universes? Can you go through a black hole? Can you warp the fabric of space and time and meet your mother before you were born? These are all questions that in principle string theory should be able to answer.
The question is not, how much of what is mine do I give to others. The question is, how much of what is God's do I reserve for myself. The answer we give is a faith issue, a stewardship issue.
The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.
Socialism may have failed as an economic theory, but global warming alarmism, with its dire warnings about the consequences of industry and consumerism, is equally a rebuke to capitalism.
We live in a time when all elites, whether on the left or the right, believe in rigid rules that say there is no alternative to the present political and economic system.
If the question is, 'Do I wish I made thirty million dollars a year,' the answer is, 'You bet.' If the question is, 'Do I wish I could write like Tom Clancy,' the answer must remain, 'No.'
Marxism is not only the theory of socialism, it is an integral world outlook, a philosophical system, from which Marx’s proletarian socialism logically follows. This philosophical system is called dialectical materialism.
If Socialism, like all errors, contains some truth (which, moreover, the Supreme Pontiffs have never denied), it is based nevertheless on a theory of human society peculiar to itself and irreconcilable with true Christianity. Religious socialism, Christian socialism, are contradictory terms; no one can be at the same time a good Catholic and a true socialist.
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