It is customary to see the radical innovations that capitalism brought about in the substitution of the mechanical factory for the more primitive and less efficient methods of the artisans’ shops. This is a rather superficial view. The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.
Category: Thought
Richard von Mises
Mass phenomena to which the theory of probability does not apply are, of course, of common occurrence.
Douglas Adams
A learning experience is one of those things that say, “You know that thing you just did? Don’t do that.”
Douglas Adams
If you try and take a cat apart to see how it works, the first thing you have on your hands is a nonworking cat.
Ernest Bramah
It is a mark of insincerity of purpose to spend one’s time in looking for the sacred Emperor in the low-class tea shops.
Ernest Bramah
One may ride upon a tiger’s back but it is fatal to dismount.
Yves Guyot
Wages will always be in proportion to the productive capacity of the worker, and not in proportion to his needs.
Admiral William Halsey, Jr.
There are no great men, only great challenges that ordinary men are forced by circumstances to meet.
Harriet Tubman
I had reasoned this out in my mind, there was one of two things I had a right to, liberty or death; if I could not have one, I would have the other.
Harriet Tubman
I freed thousands of slaves, and could have freed thousands more, if they had known they were slaves.