A Quote by Louis O. Kelso

The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.

Louis O. Kelso

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Building Consume Economic Economic Power First Industrial Power Principle Produce Simultaneously Symmetry

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Louis O. Kelso
Economist
April 12, 1913 - 1991

It is one of the greatest economic errors to put any limitation upon production.We have not the power to produce more than there is a potential to consume.

Louis D. Brandeis

If the Socialism is Authoritarian; if there are Governments armed with economic power as they are now with political power; if, in a word, we are to have Industrial Tyrannies, then the last state of man will be worse than the first.

Oscar Wilde

We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.

John Trudell

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

Joseph Stiglitz

Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other

Milton Friedman

The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.

Louis O. Kelso

I use the word power broadly. Even more important than military and economic power is the power of ideas, the power of compassion, and the power of hope.

Condoleezza Rice

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.

David Korten

[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.

Friedrich August von Hayek

It is economic power that determines political power, and governments become the political functionaries of economic power.

Jose Saramago

Worldwide, the twentieth century has seen the rise of extraordinary concentrations of economic and political power - evoking the people as the source of power while simultaneously privatizing its most meaningful exercise. Democracy always seems to be at least slightly elusive under such conditions.

Thomas L. Dumm

The contest of strength is not only a contest of military and economic power, but also a contest of human power and morale. Military and economic power is necessarily wielded by people.

Mao Zedong

Russia - having sat across the table from Vladimir Putin, it's pretty clear when you meet him that he has an almost limitless ambition for power. And he's been very good at acquiring it - political power, economic power, military power, territorial power.

Carly Fiorina

Your economic security does not lie in your job; it lies in your own power to produce - to think, to learn, to create, to adapt. That's true financial independence. It's not having wealth; it's having the power to produce wealth.

Stephen Covey

Without education, we are weaker economically. Without economic power, we are weaker in terms of national security. No great military power has ever remained so without great economic power.

Jon Meacham

Economic progress means the discovery and application of better ways of doing things to satisfy our wants. The piping of water to a household that previously dragged it from a well, the growing of two blades of grass where one grew before, the development of a power loom that enables one man to weave ten times as much as he could before, the use of steam power and electric power instead of horse or human power - all these things clearly represent economic progress.

Kenneth E. Boulding

A Quote by Louis O. Kelso

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