The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people’s mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what the consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Category: Thought
Jorge Luis Borges
Dictatorships foster oppression, dictatorships foster servitude, dictatorships foster cruelty; more abominable is the fact that they foster idiocy.
Bolesław Prus
For human nature is strange: the less we are inclined to self-sacrifice, the more we insist on it in others.
Alexandre Dumas
Nothing succeeds like success.
Bolesław Prus
Let people be happy according to their own lights.
Bolesław Prus
A scoundrel will be a scoundrel, even with two university degrees.
Mark Twain
Patriotism is merely a religion – love of country, worship of country, devotion to the country’s flag and honor and welfare.
In absolute monarchies it is furnished from the Throne, cut and dried, to the subject; in England and America it is furnished, cut and dried, to the citizen by the politician and the newspaper.
The newspaper-and-politician-manufactured Patriot often gags in private over his dose; but he takes it, and keeps it on his stomach the best he can. Blessed are the meek.
President John Tyler
Popularity, I have always thought, may aptly be compared to a coquette — the more you woo her, the more apt is she to elude your embrace.
William Henry Harrison
The only legitimate right to govern is an express grant of power from the governed.
President John Tyler
Patronage is the sword and cannon by which war may be made on the liberty of the human race.