Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett
When wealth is centralized, the people are dispersed. When wealth is distributed, the people are brought together. — Confucius
We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both. — Louis D. Brandeis
The accumulation of capital and misery go hand in hand, concentrated in space. — David Harvey
When economic power became concentrated in a few hands, then political power flowed to those possessors and away from the citizens, ultimately resulting in an oligarchy or tyranny. — John Adams
It is not great wealth in a few individuals that proves a country is prosperous, but great general wealth evenly distributed among the people. . . — Victoria Woodhull
Accumulation of wealth at one pole is at the same time accumulation of misery, agony of toil, slavery, ignorance, brutality, mental degradation, at the opposite pole — Karl Marx
Physical wealth has not necessarily been very secure. — Nick Szabo
All the power's in the hands of people rich enough to buy it. — Joe Strummer
Wealth is well known to be a great comforter. — Plato
America has become the most unequal society among advanced countries, and rich people are now free to spend as much money on political campaigns as they wish. — Robert Reich
Everywhere you will find that the wealth of the wealthy springs from the poverty of the poor. — Peter Kropotkin
Wealth tends to create enemies, whereas knowledge tends to warm hearts. — Ali ibn Abi Talib
Wealth is not the fruit of labor but the result of organized protected robbery. — Frantz Fanon
Wealth is a deep understanding of the natural world. — Bill Mollison
Wealth unused might as well not exist. — Aesop
A wealth of information creates a poverty of attention. — Herbert Simon
The control of the production of wealth is the control of human life itself. — Hilaire Belloc
Wealth can only be accumulated by the earnings of industry and the savings of frugality. — John Tyler
The wealth of a country is its working people. — Theodor Herzl
The comfort of the rich depends upon an abundant supply of the poor. — Voltaire
Concentration Of Wealth Image Quotes
Patience is not passive, on the contrary it is concentrated strength.
Distribution Of Wealth Quotes
The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes. — John Maynard Keynes
Promote fair opportunities, increase the income of low-income people, expand middle-income groups, standardise the order of income distribution and standardise wealth accumulation mechanisms. — Xi Jinping
Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children. — Martin Luther King, Jr.
Organized labor is the only way to have fair distribution of wealth... — Dolores Huerta
The more one considers the matter, the clearer it becomes that redistribution is in effect far less a redistribution of free income from the richer to the poorer, as we imagined, than a redistribution of power from the individual to the State. — Bertrand de Jouvenel
Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. — Henry Hazlitt
Formal education will make you a living, self-education will make you a fortune.
If our economic system is to survive, there has to be a better distribution of wealth ... we can't have a system where some people live in superfluous, inordinate wealth, while others live in abject deadening poverty. — Martin Luther King, Jr.
Profit sharing in the form of stock distributions to workers would help to democratize the ownership of America's vast corporate wealth which is today appallingly undemocratic and unhealthy. — Walter Reuther
The words Socialism and Communism have the same meaning. They indicate a condition of society in which the wealth of the community: the land and the means of production, distribution and transport are held in common, production being for use and not for profit. — Sylvia Pankhurst
Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth. — Richard D. Wolff
Wealth Inequality Quotes
Today, the top one-tenth of 1% owns nearly as much wealth as the bottom 90%. The economic game is rigged, and this level of inequality is unsustainable. We need an economy that works for all, not just the powerful. — Bernie Sanders
Overcoming poverty is not a gesture of charity. It is an act of justice. — Nelson Mandela
I recognize that globalization has helped many people rise out of poverty, but it has also damned many others to starve to death. It is true that global wealth is growing in absolute terms, but inequalities have also grown and new poverty arisen. — Pope Francis
If you don't get serious about your money, you will never have serious money...
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. — Warren Buffett
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top. — Max Keiser
A State divided into a small number of rich and a large number of poor will always develop a government manipulated by the rich to protect the amenities represented by their property. — Harold Laski
You aren't wealthy until you have something money can't buy.
Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class. — Bernie Sanders
Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class. — Matthew Arnold
I don’t object to some people being richer, even much richer, than others. I object to gain of wealth through political connections rather than earning it by merit. — Edward O. Thorp
Half the U.S. population owns barely 2 percent of its wealth, putting the United States near Rwanda and Uganda and below such nations as pre-Arab Spring Tunisia and Egypt when measured by degrees of income inequality. — Eric Alterman
Redistribution Of Wealth Quotes
But one must say clearly that we redistribute de facto the world's wealth by climate policy...One has to free oneself from the illusion that international climate policy is environmental policy any more. — Ottmar Edenhofer
Climate change policy is about how we redistribute de facto the world’s wealth. — Ottmar Edenhofer
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
When humanity measures wealth by love, truth and wisdom we will all be rich.
The modern economy isn't about the redistribution of wealth - it's about the redistribution of time. — Douglas Coupland
We can't treat the matter of black economic empowerment as just the redistribution of existing wealth. It really has to focus on new investment, on growth, on development of employment and so on and so on. — Thabo Mbeki
I believe Social Security is unjust. I think it's wrong. I think it penalizes responsible people. It penalizes the young and it's a massive redistribution of wealth. — Yaron Brook
A wealth of information creates a poverty of attention.
Fairness does not require the redistribution of wealth;
it requires the creation of wealth, geared to an economy
that can provide employment for everyone able and willing to work. — Felix Rohatyn
Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth. — Leonard Read
History has shown that a government's redistribution of shrinking wealth, in preference to a private sector's creation of new sources of it, can prove more destructive than even the most deadly enemy. — Victor Davis Hanson
The siren song of redistribution of wealth by centralized government never ceases for those who seek irreversible and unusurpable control over the lives and liberties of private citizens. — Josh Jones
Wealth And Poverty Quotes
I believe that, as long as there is plenty, poverty is evil. Government belongs wherever evil needs an adversary and there are people in distress. — Robert Kennedy
You know what the Quran teaches me? The Quran teaches me that an incredibly wealthy man can be a failure (Firaun) and a homeless man can be successful (Prophet Ibrahim). It teaches me that success has nothing to do with wealth and failure has nothing to do with poverty. — Nouman Ali Khan
One who oppresses the poor to increase his wealth and one who gives gifts to the rich—both come to poverty. — Bible Proverbs
Contentment is natural wealth, luxury is artificial poverty.
There is no greater wealth than wisdom, no greater poverty than ignorance; no greater heritage than culture and no greater support than consultation. — Ali ibn Abi Talib
The real difference between democracy and oligarchy is poverty and wealth. Wherever men rule by reason of their wealth, whether they be few or many, that is an oligarchy, and where the poor rule, that is a democracy. — Aristotle
The measure of the wealth of a nation is indicated by the measure of its protection of its industry; the measure of the poverty of a nation is marked by the degree in which it neglects and abandons the care of its own industry, leaving it exposed to the action of foreign powers. — Henry Clay
It is neither wealth nor splendour but tranquillity and occupation which give happiness.
Ever since I’ve been saving money and not spending it on jewelry, I’ve been getting way richer. — 21 Savage
It is pretty hard to tell what does bring happiness; poverty and wealth have both failed. — Kin Hubbard
Building Black-owned businesses is a powerful way to shift the narrative — and sustain wealth in our communities. — 21 Savage
What information consumes is rather obvious: it consumes the attention of its recipients. Hence a wealth of information creates a poverty of attention, and a need to allocate that attention efficiently among the overabundance of information sources that might consume it. — Herbert Simon
Income Inequality Quotes
By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply. — Max Keiser
By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then. — Sayings
There is far too little discussion in Washington about the collapse of the middle class , almost no discussion at all about the incredible income inequality and wealth inequality in this country, and the fact that we're moving toward an oligarch form of society. — Bernie Sanders
The greatness of a man is not in how much wealth he acquires but in his integrity and his ability to affect those around him positively.
Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people. — Robert Higgs
I think the issue of income and wealth inequality is in fact a moral issue. — Bernie Sanders
In our society it is murder, psychologically, to deprive a man of a job or an income. You are in substance saying to that man that he has no right to exist. You are in a real way depriving him of life, liberty, and the pursuit of happiness, denying in his case the very creed of his society. — Sayings
If you do not find a way to make money while you sleep, you will work until you die.
Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable — Bernie Sanders
The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority. — Janet Yellen
Increasing inequality in income distribution in this country has broader policy implications, and there is also the growing problem of perverse incentives that result from executives receiving grossly disproportionate compensation based on decisions they themselves take. — Barney Frank
The essential point here is that all people with small, insecure incomes are in the same boat and ought to be fighting on the same side. Probably we could do with a little less talk about' capitalist' and 'proletarian' and a little more about the robbers and the robbed. — Sayings
At no other time has Nature concentrated such a wealth of valuable nourishment into such a small space as in the cocoa bean. — Alexander von Humboldt
In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty. — Will Durant
Concentration of wealth and power has been built upon other people's money, other people's business, other people's labor. Under this concentration, independent business has been a menace to American society. — Franklin D. Roosevelt
Those who want to "spread the wealth" almost invariably seek to concentrate the power. It happens too often, and in too many different countries around the world, to be a coincidence. Which is more dangerous, inequalities of wealth or concentrations of power? — Thomas Sowell
Vote to stand tall against terrorists ; receive Social Security privatization . Vote to strike a blow against elitism; receive a social order in which wealth is more concentrated than ever before in our lifetimes , in which workers have been stripped of power and CEOs are rewarded in a manner beyond imagining. — Thomas Frank
Concentrating wealth in the hands of the few and deregulating financial institutions and practices lead to speculative bubbles that eventually burst — and that brings the whole country down. — Jennifer Granholm
We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this view all economic history is the slow heartbeat of the social organism, a vast systole and diastole of concentrating wealth and compulsive redistribution. — Will Durant
The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws. — Will Durant
If in a country, most of the wealth is concentrated in the hands of the few, then this country can hardly witness harmony and stability. — Wen Jiabao
Today, we live in a world of incredible wealth and technology, alongside the most horrendous conditions of poverty, war and environmental crisis. This is result of capitalism, a system based on prioritizing profits not human need where the wealth is concentrated in the hands of a capitalist elite. — Kshama Sawant
Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle. — Noam Chomsky
New Jersey was actually a very cold place. There was such an intense concentration of wealth, and such a low concentration of any actual human happiness. A lot of people seem to be similar to the kid in school, which is doing a lot of things with no direct consequence to their joy, or their lives. — Ezra Miller
Introverts often work more slowly and deliberately. They like to focus on one task at a time and can have mighty powers of concentration . They're relatively immune to the lures of wealth and fame. — Susan Cain
If exclusive privileges were not granted, and if the financial system would not tend to concentrate wealth, there would be few great fortunes and no quick wealth. When the means of growing rich is divided between a greater number of citizens, wealth will also be more evenly distributed; extreme poverty and extreme wealth would be also rare. — Denis Diderot
Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy. — Robert Reich
The concern that I have is that, as wealth continues to concentrate in the hands of a few, economic inequality grows, and power also becomes more unequal. — Jane Mayer
The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements, vast concentrations of wealth and power, precarious systemic imbalances, ruthless exploitation, and command economies mismanaged by Central State/Bank policy and manipulation. — Charles Hugh Smith
The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat. — Fulton J. Sheen
We absolutely have to restrain concentrations of wealth in industry from spoiling the situation for everybody. — William Weld
The two great aims of industrialism - replacement of people by technology and concentration of wealth into the hands of a small plutocracy - seem close to fulfillment. — Wendell Berry
We need to take a close look at the relationship between the economic system of Capitalism and the political system of Democracy. A democracy with high concentrations of private wealth buys votes and interferes with the ability of Capitalism to perform well. It is no longer one citizen, one vote. — Philip Kotler
I think that both Bernie [Sanders] and Hillary [Hillary] have highlighted how much, over the last few decades, we have seen the concentration of wealth in fewer and fewer hands. — Julian Castro
One of the major forces driving the decline in wages and the concentration of wealth at the top is the offshoring of American jobs overseas - reducing wages not only in manufacturing but also across the economy. — Donald Trump
Colombia is potentially a very wealthy country. It has tremendous resources, but its wealth is highly concentrated. Most of the population lives in misery, which has led to violent confrontation throughout the century. — Noam Chomsky
In the words of Louis Brandeis, the Supreme Court justice, we have a choice between a democracy or vast concentrations of wealth. We have vast concentrations of wealth which has bought its way into our democracy with its political leaders who exemplify the merger of that economic and political elite. — Jill Stein
The Far East is of particular significance for us in terms of this region's priority development. Over the last few years, let us say even over the last decades, we were faced with many problems here. We paid little attention to this territory although it deserves a lot more of it, because it concentrates great wealth as well as opportunities for Russia's future development. — Vladimir Putin
The real challenge is figuring out how the United States can regain control of its future from its new oligarchy and restore its position as a prosperous, fair, well-educated nation. For if we don't, the current pattern of great concentration of wealth and power will worsen, and we may face the steady immiseration of most of the American population. — Charles Ferguson
Genius is the accumulated wealth of our humanity--its most intense development concentrated at one point, and then with clearer expression and with mysterious power shot back to us across the galvanic lines of thought and feeling. — Edwin Hubbel Chapin
Wealth is so concentrated that a large segment of society is virtually unaware of its existence. — Thomas Piketty
Could there be anything resembling a free enterprise economy, if wealth and property were concentrated in the hands of a few, while the great majority owned little more than the shirts on their backs? — Ronald Reagan
We are free today substantially, but the day will come when our Republic will be an impossibility. It will be an impossibility because wealth will be concentrated in the hands of a few. A Republic cannot stand upon bayonets, and when the day comes when the wealth of the nation will be in the hands of a few, then we must rely upon the wisdom of the best elements in the country to readjust the laws of the nations to the changed conditions. — James Madison
If the relatively rich participating countries want to stabilize atmospheric concentrations of greenhouse gases, they will have to pay at least some poor countries to reduce their emissions. Achievement of substantial reduction in this way implies international transfers of wealth on a scale well beyond anything in recorded history. There is no effective political support for such a Herculean effort, particularly in the United States. — Henry Sylvester Jacoby
A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age. — Jaron Lanier
The Unheavenly Chorus is the definitive study of participatory inequality in America. Marshaling prodigious evidence, the authors show how money not only buys influence directly but also affects associations that are supposed to be democratic antidotes to concentrated wealth. A monumental achievement of careful scholarship, this book offers real knowledge of how politics actually operates. — Robert Kuttner
Government schooling made people dumber, not brighter; made families weaker; ruined formal religion with its hard-sell exclusion of God; set the class structure in stone by dividing children into classes and setting them against one another; and has been midwife to an alarming concentration of wealth and power in the hands of a fraction of the national community. — John Taylor Gatto
Dictatorships usually exist primarily because of the internal power distribution in the home country. The population and society are too weak to cause the dictatorship serious problems, wealth and power are concentrated in too few hands. Although dictatorships may benefit from or be somewhat weakened by international actions, their continuation is dependent primarily on internal factors. — Gene Sharp
According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights. — Michel Chossudovsky
It [concentration of wealth and power] has been a menace to . . . American democracy. — Franklin D. Roosevelt
Of all the potential perils to the new American republic, the prospect of concentrated power . . . troubled the intellectual leaders of the Revolutionary generation. Familiar as the founders were with old Europe . . . they understood why the accumulation of inherited wealth led to inequities and imbalances that inevitably corrupted any system of government. — Joe Conason
The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at the bottom. Our social programs, modest compared to those of many other Western countries, play an important role in redistributing some of those resources from the haves to the have-nots. — Linda McQuaig
In Conclusion
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