Quotes About Unfunded Capital Expenditures
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It is ironic that Keynesianism originated as a weapon to combat depression, but became universally accepted and "successful" only during (and because of!) the postwar expansion. At the first sign of renewed world recession, Keynesian theory has proved itself to be a snare and a delusion that has gone into immediate bankruptcy. The resulting "post-Keynesian synthesis" is also the theoretical reason for the reactionary exhumation of the simplistic, neoclassical, and monetarist economic theory of the 1920s. This revival of old theory is highlighted by the award of Nobel prizes in economics to Friedrich von Hayek, whose theoretical work was done before the Great Depression, and Milton Friedman, whose lone voice echoed in the wilderness until the new world economic crisis put his unpopular and antipopulist theories on the agenda of business board rooms and government cabinet rooms in one capitalist country after another. The real reason for the recent interest in fifty-year-old theories is that capital now wants them to legitimize its attack on the welfare state and "unproductive" expenditures on social services, which capital claims to need for "productive" investment in industry, including armaments. ~ Andre Gunder Frank
It has often been found that profuse expenditures, heavy taxation, absurd commercial restrictions, corrupt tribunals, disastrous wars, seditions, persecutions, conflagrations, inundation, have not been able to destroy capital so fast as the exertions of private citizens have been able to create it. ~ Thomas B. Macaulay
Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life. ~ William Vickrey
Since the advent of the atomic bomb, the United States has always needed two kinds of enemies. On one level, it has needed a tactical enemy that it can go out and fight in the field in a shooting war. Since 1945, these enemies have been created and appeared as North Korea, North Vietnam, Grenada, El Salvador, Panama, Iraq and now Colombia. On another level, however, the US needs a strategic enemy that will justify outrageous expenditures of capital for strategic weapon systems like ICBMs, Trident submarines and "Star Wars" missile defence systems. ~ Michael Ruppert
Piketty would impose a progressive annual tax on capital. By a static analysis, such a tax might reduce the yield of capital to the rate of GDP expansion and thus eliminate the bias toward top-heavy accumulation by elites. Upholding the secular stagnation theory of permanent growth slowdown, he naturally focuses on depressing the return to capital. Taking money from the rich and giving it to government might seem to address "inequality." But by putting capital into the hands of the least productive users of it - politicians - he would aggravate the very stagnation he warns against. ~ George Gilder
Stop torturing yourself, her friends said. Stop living in the past. He was gone. Capital G
Gone. He wasn't coming back. She should focus not on the pain, but on the possibility. Something good would come from all this heartache, something always did. Everything, her friends told her, happened for a reason. She should start looking for the silver lining.
She thought she might start looking for new friends. ~ Aryn Kyle
All over the world, famous people began declaring themselves LeBon fans. Like Mussolini: "I have read all the work of Gustave LeBon and I don't know how many times I have reread The Crowd. It is a capital work to which, to this day, I frequently refer." And Goebbels: "Goebbels thinks that no one since the Frenchman LeBon has understood the mind of the masses as well as he," wrote Goebbels's aide Rudolf Semmler in his wartime diary. ~ Jon Ronson
A two-state solution to the Israeli-Palestinian conflict and a region free of Iranian nukes are worthy goals that should be able to withstand public scrutiny in every Middle Eastern capital. ~ Edgar Bronfman, Sr.
For the good producer, raising capital is about the last thing to worry about. If you're good, the money comes very easily. ~ Irwin Winkler
Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed. ~ Mahatma Gandhi
I don't know if the question is whether you believe in capital punishment anymore. I think the greater question is its effectiveness and given the choices we face in California, should we have a merit-based discussion on its effectiveness and costs? ~ Tani Cantil-Sakauye
To achieve sustained high returns on capital requires possessing features that protect returns from competition; namely, competitive advantages. Identifying what these competitive advantages are and understanding their sustainability is an essential part of the quality investment process. ~ Lawrence A. Cunningham
The name Urdu, by which this language is usually known, is said to be of Turkish origin, and means literally "camp." But the Moghuls of India first introduced it in the precincts of the Imperial camp; so that as Urdu-i-muali (High or Supreme Camp) came to be a synonym for new Dehli after Shahjahan had made it his permanent capital, so Urdu-ki-zaban meant the lingua franca spoken at Dehli. ~ H.G. Keene
Everybody in America has been dependent on the government at some time. We owe everybody in America the right to vote and access to capital. What I say is, let's make America work, let's make democracy and free enterprise work for everybody. ~ Andrew Young
Books, for example, the accrued capital of the human experience, all the wealth of the human mind, books help you think bigger and better, therefore you are bigger and better. You should read, then, all the time, wherever your interests take you. It's too important not to. ~ David McCullough Jr.
The distinction between "paid labor" and "housework" implied in working-class men's yearning for the domestic ideal persisted in later-nineteenth-century analyses of women's unpaid labor and was eventually replicated in Capital. Because wives' work was laregely unpaid, and because husbands came to the marketplace as the "possessors" of their wives' labor, Marx did not address the role of housework in the labor exchange that led to surplus value. Neither did he attend to the dynamics that permitted the husband to lay claim, in the price of his own labor, to the value of his wife's work. ~ Jeanne Boydston
Prayer is a practical strategy, the gaining of temporal advantage in the capital markets of Sin and Remission. ~ Don DeLillo
The great thing in life is efficiency. If you amount to anything in the world, your time is valuable, your energy precious. They are your success capital, and you cannot afford to heedlessly throw them away or trifle with them. ~ Orison Swett Marden
To reclaim a real political agency means first of all accepting our insertion at the level of desire in the remorseless meat-grinder of Capital. What is being disavowed in the abjection of evil and ignorance onto fantasmatic Others is our own complicity in planetary networks of oppression. What needs to be kept in mind is both that capitalism is a hyper-abstract impersonal structure and that it would be nothing without our co-operation. The most Gothic description of Capital is also the most accurate. Capital is an abstract parasite, an insatiable vampire and zombie-maker; but the living flesh it converts into dead labor is ours, and the zombies it makes are us. There is a sense in which it simply is the case that the political elite are our servants; the miserable service they provide from us is to launder our libidos, to obligingly re-present for us our disavowed desires as if they had nothing to do with us. The ~ Mark Fisher
The result of neo-colonialism is that foreign capital is used for the exploitation rather than for the development of the less developed parts of the world. Investment under neo-colonialism increases rather than decreases the gap between the rich and poor countries of the world. ~ Kwame Nkrumah
The fairest state of them all, this tranquil and beloved domain - what has it now become? A nursery for Mississippi, Alabama, Arkansas. A monstrous breeding farm to supply the sinew to gratify the maw of Eli Whitney's infernal machine, cursed be that blackguard's name! In such a way is our human decency brought down, when we pander all that is in us noble and just to the false god which goes by the vile name of Capital! Oh, Virginia, woe betide thee! Woe, thrice woe, and ever damned in memory be the day when poor black men in chains first trod upon thy sacred strand! ~ William Styron
The idea is the least labor and capital and resources you put together and the more you accumulate the better capitalist you are. So the suggestion I will make to you is that the idea of constant accumulation, which is what America is about, what consumerism, NAFTA are about, means that you always take more than you need and you don't leave the rest. So I suggest that it is possible from an indigenous world view that capitalism is inherently out of order with natural law. ~ Winona LaDuke
But now, in the circulation M-C-M, value suddenly presents itself as a self-moving substance which passes through a process of its own, and for which commodities and money are both mere forms. But there is more to come: instead of simply representing the relations of commodities, it now enters into a private relationship with itself, as it were. It differentiates itself as original value from itself as surplus-value, just as God the Father differentiates himself from himself as God the Son ... Value therefore now becomes value in process, money in process, and, as such, capital. (256) ~ David Harvey
The zooming wealth of the top 1 percent is a problem, but it's not nearly as big a problem as the tens of millions of Americans who have dropped out of high school or college. It's not nearly as big a problem as the 40 percent of children who are born out of wedlock. It's not nearly as big a problem as the nation's stagnant human capital, its stagnant social mobility and the disorganized social fabric for the bottom 50 percent. ~ David Brooks
Take Washington, D.C., which spends over $10,000 per student for education whose student achievement would be dead last if Mississippi chose to secede from the Union. Suppose Washington gave each parent even a $5,000 voucher - that wouldn't mean less money available per student. To the contrary, holding total education expenditures constant, it'd mean more money per student remaining in public schools. ~ Walter E. Williams
I don't have an issue with whether - from a legal standpoint, with whether or not government can impose the ultimate punishment on people. We do it in capital cases. Police officers shoot fleeing felons. ~ Trey Gowdy
Nobility is a graceful ornament to the civil order. It is the Corinthian capital of polished society. ~ Edmund Burke
When it comes to solving problems of poverty, impact investing can act as a catalyst, but it is not a silver bullet. Successful businesses serving the poor need more than investment capital. They also need infrastructure to enable effective distribution, strong regulatory systems, access to markets, technical assistance as they scale up, and more ~ Jacqueline Novogratz
Thus, at long last, as a visible emblem of unity was daily growing in the new Palace of Justice then being erected in the Strand, half way between the historic site of Westminster the historic centre of the commercial capital of the world, there began to grow up, in the minds of reformers, the vision of a great and united Supreme Court of Justice, with uniform principles, uniform law, and uniform procedure. ~ Edward Jenks
The first year, I didn't have much capital so I did everything myself. I had to keep my overhead low by learning everything about running a business, from accounting to fixing the gears of my equipment. I really started from scratch. ~ Li Ka-shing