If you take from the most wealthy and give to the least wealthy, it's good. It tries to balance out. — Bill Gates
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
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
The modern economy isn't about the redistribution of wealth - it's about the redistribution of time. — Douglas Coupland
Climate change policy is about how we redistribute de facto the world’s wealth. — Ottmar Edenhofer
Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. — Henry Hazlitt
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
Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth. — Richard D. Wolff
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
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
For socialists, not just the wealth, but the guilt must be redistributed. — Andrew Sandlin
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.
When wealth is centralized, the people are dispersed. When wealth is distributed, the people are brought together. — Confucius
Whoever claims the right to redistribute the wealth produced by others is claiming the right to treat human beings as chattel. — Ayn Rand
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
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
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
3 things to keep private: Your love. Your income. Your next move.
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
The redistribution of wealth creates dependence on the people to whom it is redistributed, it doesn't incentivize them to create their own wealth. — Andrew Napolitano
We need to keep a very keen eye on our own government. It's getting too rich and redistributing wealth is a sure way of robbing us of our private property rights and other rights along with them. — Richard Pipes
What is crucial to your survival as a race is not the redistribution of power and wealth within the prison but rather the destruction of the prison itself. — Daniel Quinn
The poor of the world cannot be made rich by the redistribution of wealth. Poverty can't be eliminated by punishing people who've escaped poverty, taking their money and giving it as a reward to people who have failed to escape. — P. J. O'Rourke
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
Organized labor is the only way to have fair distribution of wealth... — Dolores Huerta
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.
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
Indeed, the distribution of wealth is too important an issue to be left to economists, sociologists, historians, and philosophers. — Thomas Piketty
The problem in Guatemala is that there is no solution to the issue of human rights. The problem is militarization, it is the injust distribution of wealth. It is intolerance of the indigenous, it is discrimination and marginalization. — Rigoberta Menchu
Modern government has become a universal transfer agency that utilizes the political process for distributing vast measures of income and wealth. It preys on millions of victims in order to allocate valuable goods and services to its beneficiaries. — Hans F. Sennholz
All men agree that a just distribution must be according to merit in some sense; they do not all specify the same sort of merit, but democrats identify it with freemen, supporters of oligarchy with wealth (or noble birth), and supporters of aristocracy with excellence. — Aristotle
The democratic ideal has always been related to a moderate level of inequality. I think one big reason why electoral democracy flourished in 19th century America better than 19th century Europe is because you had more equal distribution of wealth in America. — Thomas Piketty
Of great wealth there is no real use, except in its distribution, the rest is just conceit. — Francis Bacon
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
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
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
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
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
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
Income Distribution Quotes
Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned. — Thomas Sowell
Kelsoism is not accepted by modern scientific economics as a valid and fruitful analysis of the distribution of income but rather it is regarded as an amateurish and cranky fad. — Paul Samuelson
A premise of the new city is that we want a society to be as egalitarian as possible. For this purpose, quality-of-life distribution is more important than income distribution. [And quality of life includes] a living environment as free of motor vehicles as possible. — Enrique Penalosa
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
Only now are increasing numbers of political and social scientists beginning to realize that Kelso's theories provide a private-property-based alternative to the imminent passage of a government-distributed "guaranteed income" or "negative income tax." — Hazel Henderson
By adopting programs to distribute substantial amounts of income, a nation guarantees that its government will become more powerful and invasive in other ways. — Robert Higgs
If your Income Taxes go to help out the less fortunate, there could be no legitimate kick against it in the world. This is becoming the richest, and the poorest Country in the world. Why? Why, on account of an unequal distribution of the money. — Will Rogers
Cities that tend of have better schools for middle-income families, they tend to have much better prospects for kids moving up in the income distribution. — Raj Chetty
The climate change problem is at its heart an ethical problem. It's a problem of income distribution and it's a problem of income distribution with dimensions that we don't usually think about very much. — Ross Garnaut
My research in this period centered around growth, technical change, and income distribution, both how growth affected the distribution of income and how the distribution of income affected growth. — Joseph Stiglitz
Redistribution Quotes
A smart contract is a mechanism involving digital assets and two or more parties, where some or all of the parties put assets in, and assets are automatically redistributed among those parties according to a formula based on certain data that is not known at the time the contract is initiated. — Vitalik Buterin
The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives. — Arthur C. Brooks
Si tenés gobiernos populistas que lo único que proponen es la redistribución del ingreso, el gasto público que castigan al ahorro, te va a ir mal. Argentina hace 100 años que hace esto, entró al siglo XX siendo el país más rico del mundo y ahora somos un desastre. — Javier Milei
Movements have narratives. They tell stories, because they are not just about rearranging economics and politics. They also rearrange meaning. And they're not just about redistributing the goods. They're about figuring out what is good. — Marshall Ganz
Voluntary exchange is more moral than forced redistribution. — Ben Shapiro
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told. — Ha-Joon Chang
Are we interested in treating the symptoms of poverty and economic stagnation through income redistribution and class warfare, or do we want to go at the root causes of poverty and economic stagnation by promoting pro-growth policies that promote prosperity? — Paul Ryan
Courage never takes away fear; courage simply redistributes fear to get the job done. — Dan B. Allender
Destroy it. There may be a redistribution of the land, but the natural inequality of men soon re-creates an inequality of possessions and privileges, and raises to power a new minority with essentially the same instincts as the old. — Will Durant
We must recognize that we can't solve our problems now until there is a radical redistribution of economic and political power.... a radical restructuring of the architecture of American society. — Martin Luther King, Jr.
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
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
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
How long until we measure wealth inequality in FLOPS? — Andrej Karpathy
He who eats and drinks with the rich leaves the table hungry — Greek Proverbs
Liberals don't mind discussing who is more patriotic if patriotism is defined as redistributing income and vetoing the Pledge of Allegiance. Only if patriotism is defined as supporting America do they get testy and drone on about 'McCarthyism.' — Ann Coulter
Government income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality. — Walter E. Williams
The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval and riots, bankruptcy, increased government controls, and eventual collapse. — Henry Hazlitt
A safety net for the poor indeed requires some level of income redistribution. — Ari Fleischer
The New Deal was going to redistribute the national income according to ideals of social and economic justice. — Garet Garrett
If the economy is not expanding, the redistribution of income becomes a zero-sum game. And therefore, all the class struggle - and it becomes much more vicious. — Manmohan Singh
I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the disease which it purports to cure. — Arnold Kling
People in the rich countries who have done very well, who are at the top of the income pyramid, try to steamroll over the opposition of the middle without changing anything in social programs, or any redistribution. And they take their votes for a given. They have rich people that bankroll them. And the globalization would continue, but it would continue with permanent dissatisfaction among large segments of the people. — Branko Milanovic
The main substantive achievement of neoliberalism has been to redistribute rather than to generate wealth and income. — David Harvey
Relief, or redistribution of income, voluntary or coerced, is never the true solution of poverty, but at best a makeshift, which may mask the disease and mitigate the pain, but provides no basic cure. — Henry Hazlitt
Would-be income guarantors ignore or despise the capitalistic system that makes their dreams dreamable and gives their redistribute-the-income proposals whatever plausibility they have. — Henry Hazlitt
If the Liberal Left can create the common perception that success and failure are simple matters of 'fortune' or 'luck,' then it is easy to promote and justify their various income redistribution schemes. — Neal Boortz
Ironically, in the full-fledged transfer society, where governments busy themselves redistributing income by means of hundreds of distinct programs, hardly anyone is better off as a result. — Robert Higgs
It's a simple proposition to us: Everyone is entitled to adequate medical health care. If you call that a 'redistribution of income' -- well, so be it. I don't call it that. I call it just being fair -- giving the middle class taxpayers an even break that the wealthy have been getting. — Joe Biden
Washington, of course, aside from being one of the most mismanaged, crime-ridden cities on the planet, is a place where 535 federal legislators and about 38,000 lobbyists work at confiscating and redistributing the incomes of the American people. — Charley Reese
The evolution of government from its medieval, Mafia-like character to that embodying modern legal institutions and instruments is a major part of the history of freedom. It is a part that tends to be obscured or ignored because of the myopic vision of many economists, who persist in modeling government as nothing more than a gigantic form of theft and income redistribution. — Douglass North
Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft. When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do - redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God. — Walter E. Williams
The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income. — Ha-Joon Chang
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