logo

Quotes About Wealth

Capital is only formed by self-denial, and
~ William Graham Sumner
The man who has capital has secured his future, won leisure which he can employ in winning secondary objects of necessity and advantage, and emancipated himself from those things in life which are gross and belittling. The
~ William Graham Sumner
There ought to be no laws to guarantee property against the folly of its possessors. In
~ William Graham Sumner
We cannot now stir a step in our life without capital. We cannot build a school, a hospital, a church, or employ a missionary society, without capital, any more than we could build a palace or a factory without capital. We
~ William Graham Sumner
Capital is force, human energy stored or accumulated, and
~ William Graham Sumner
Except the pauper, that is to say, the man who cannot earn his living or pay his way, there is no possible definition of a poor man. Except
~ William Graham Sumner
The lobby is the army of the plutocracy. An
~ William Graham Sumner
When, rather, were his name and interest ever invoked, when, upon examination, it did not plainly appear that somebody else was to win—somebody who was far too "smart" ever to be poor, far too lazy ever to be rich by industry and economy?
~ William Graham Sumner
Who dares say that he is not the friend of the poor man? Who dares say that he is the friend of the employer? I
~ William Graham Sumner
unless restrained by checks and guarantees. There is an insolence of wealth, as there is an insolence of rank. A plutocracy might be even far worse than an aristocracy. Aristocrats
~ William Graham Sumner
plutocracy would be a civil organization in which the power resides in wealth, in
~ William Graham Sumner
the State cannot get a cent for any man without taking it from some other man, and this latter must be a man who has produced and saved it. This latter is the Forgotten Man.
~ William Graham Sumner
Capital, however, as we have seen, is the force by which civilization is maintained and carried on. The
~ William Graham Sumner
Every bit of capital, therefore, which is given to a shiftless and inefficient member of society, who makes no return for it, is diverted from a reproductive use; but
~ William Graham Sumner
A television reporter once asked Bob Marley, "Are you a rich man?" The musician replied warily, "What you mean rich?" The reporter clarified his question: "You have a lot of possessions? A lot of money in the bank?" Marley responded with a question of his own: "Possessions make you rich? I don't have that type of richness. My richness is life, forever.
~ William Green
Third, there is the realization that one particular business model—scale economies shared—creates a virtuous cycle that can generate sustainable wealth over long periods.
~ William Green
You have, may be, heard of the covetous man, that hugged himself in the many bags of gold he had, but never opened them or used them. When the thief took away his gold, and left him his bags full of pebbles in the room, he was as happy as when he had his gold, for he looked not on the one or other. And verily an ignorant person is in a manner no better with truth than error on his side. Both are alike to him, day and night all one to a blind man.
~ William Gurnall
Had God made thee rich and great in the world, but not holy, he had but given thee stock to trade with for hell. These
~ William Gurnall
It was a notable speech of Erasmus, if spoken in ear nest, and his wit were not too quick for his con science[47]—he said he desired wealth and honour no more than a feeble horse doth a heavy cloak-bag. And I think every Christian in his right temper would be of his mind.
~ William Gurnall
Poverty, labor, and calamity are not without their luxuries, which the rich, the indolent, and the fortunate in vain seek for.
~ William Hazlitt
All the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.
~ William Henry Harrison
The primary function of financial capitalism is to efficiently funnel money from those with an excess of it to those who need it.
~ William J. Bernstein
First, we invest now so that we may spend later. In fact, this is the essence of investing: the forbearance of immediate spending in exchange for future income. Because of the mathematics of compound interest, spending even a tiny fraction on a regular basis devastates final wealth over the long haul.
~ William J. Bernstein
Venice earned its wealth not only from rare Oriental goods, but also from the pilgrim and crusader traffic to and from the Holy Land.
~ William J. Bernstein