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
How long until we measure wealth inequality in FLOPS? — Andrej Karpathy
wealth means power: the power to subdue, to crush, to exploit, the power to enslave, to outrage, to degrade. — Emma Goldman
You have to be interested in inequality. The issue of inequality and that of poverty are not separable. — Amartya Sen
Absolute justice demands that mens incomes and rewards should ... vary, and that some have more than others-so long as human justice is upheld by the provision of equal opportunity for all. — Sayyid Qutb
Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth. — Richard D. Wolff
Our inequality materializes our upper class, vulgarizes our middle class, brutalizes our lower class. — Matthew Arnold
When inequality gets to an extreme, it is completely useless for growth. — Thomas Piketty
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
There are only three ways by which any individual can get wealth — by work, by gift or by theft. And, clearly, the reason why the workers get so little is that the beggars and thieves get so much. — Henry George
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
Short Wealth Inequality Quotes
Making rich people richer doesn't make the rest of us richer. — Ha-Joon Chang
Wealth is not the fruit of labor but the result of organized protected robbery. — Frantz Fanon
Wealth unused might as well not exist. — Aesop
The modern economy isn't about the redistribution of wealth - it's about the redistribution of time. — Douglas Coupland
Wealth accumulates, and men decay. — Oliver Goldsmith
The wealth of a country is its working people. — Theodor Herzl
If poor people knew how rich rich people are, there would be riots in the streets. — Sayings
Wealth Inequality Image Quotes
If you don't get serious about your money, you will never have serious money...
What Is Wealth Quotes
We are reminded that, in the fleeting time we have on this Earth, what matters is not wealth, or status, or power, or fame, but rather how well we have loved and what small part we have played in making the lives of other people better. — Barack Obama
The problem with Prosperity Theology is not that it promises too much, but that it aims for so little. What God promises us in Christ is far above anything that can be measured in earthly wealth - and believers are not promised earthly wealth nor the gift of health. — Albert Mohler
It is impossible to escape the impression that people commonly use false standards of measurement -- that they seek power, success and wealth for themselves and admire them in others, and that they underestimate what is of true value in life. — Sigmund Freud
Inherited wealth, that is not what America is based upon. — Richard Neal
It is pretty hard to tell what does bring happiness; poverty and wealth have both failed. — Kin Hubbard
There are no causes of poverty. To ask what causes poverty is like asking what causes coldit is the absence of energy. Similarly poverty is the absence of wealth. We should ask, ‘what are the causes of wealth?’ — Madsen Pirie
Formal education will make you a living, self-education will make you a fortune.
What good is wealth without health? — Bill Perkins
Luxurious food and drinks, in no way protect you from harm. Wealth beyond what is natural, is no more use than an overflowing container. Real value is not generated by theaters, and baths, perfumes or ointments, but by philosophy. — Epicurus
This is what oligarchy looks like: Today, the top one-tenth of 1 percent owns almost as much wealth as the bottom 90 percent. The top one-hundredth of 1 percent makes more than 40 percent of all campaign contributions. The billionaire class owns the political system and reaps the benefits from it. — Bernie Sanders
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
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
You aren't wealthy until you have something money can't buy.
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
When humanity measures wealth by love, truth and wisdom we will all be rich.
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
Economic Inequality Quotes
A nation will not survive morally or economically when so few have so much and so many have so little. — Bernie Sanders
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
God, how patient are Thy poor! These corporations and masters of manipulation in finance heaping up great fortunes by a system of legalized extortion, and then exacting from the contributors-to whom a little means so much-a double share to guard the treasure! — Sayings
A wealth of information creates a poverty of attention.
I know that there are no limits to which the powers of privilege will not go to keep the workers in slavery — Mother Jones
To deal with radicalism and extremism, we need to deal with economic inequality. This is what I learned from my experience in Solo and then in Jakarta. — Joko Widodo
I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law. — Max Keiser
Contentment is natural wealth, luxury is artificial poverty.
When you say fiscal responsibility, it seems to me that you really mean rich people keeping their money. — Alice Adams
The coming change can only come through a revolution, because the possessing class will not allow a peaceful change to take place; still we are willing to work for peace at any price, except at the price of liberty. — Lucy Parsons
In the long run men inevitably become the victims of their wealth. They adapt their lives and habits to their money, not their money to their lives. It preoccupies their thoughts, creates artificial needs, and draws a curtain between them and the world. — Herbert Croly
When fewer workers have unions, the standard of living falls for everyone and the gap between the rich and poor grows. — John Sweeney
Distribution Of Wealth Quotes
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
It is neither wealth nor splendour but tranquillity and occupation which give happiness.
Practically all government attempts to redistribute wealth and income tend to smother productive incentives and lead toward general impoverishment. — Henry Hazlitt
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 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.
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
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
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 do not find a way to make money while you sleep, you will work until you die.
There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning. — Warren Buffett
One who oppresses the poor to increase his wealth and one who gives gifts to the rich—both come to poverty. — Bible Proverbs
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
Rich people have big libraries, poor people have big TV's.
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
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
Ever since I’ve been saving money and not spending it on jewelry, I’ve been getting way richer. — 21 Savage
Concentration Of Wealth Quotes
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
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
Diversification may preserve wealth, but concentration builds wealth. — Warren Buffett
Boasting of wealth and virtue brings your demise.
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
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
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
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
Wealth Accumulation Quotes
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
I have no desire for wealth or possessions, and so I have nothing. I do not experience the initial suffering of having to accumulate possessions, the intermediate suffering of having to guard and keep up possessions, nor the final suffering of loosing the possessions. — Milarepa
Wealth can only be accumulated by the earnings of industry and the savings of frugality. — John Tyler
You must own equity to gain your financial freedom. — Naval Ravikant
As more wealth and political power is amassed - as bitcoins rise in value - Congress and various lobbying groups will be influenced to an ever greater extent by the interests of Bitcoin owners who - in turn - will lobby to keep the Internet and Bitcoin alive and growing. — Max Keiser
Get what you can and keep what you have; that’s the way to get rich. — Scottish Proverbs
My experience indicates that most people who've accumulated a great deal of wealth haven't had that as their goal at all. Wealth is only a by-product, not the original motivation. — Michael Milken
All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest. — Naval Ravikant
To accumulate any wealth, you must invest at a growth rate higher than inflation. — Naved Abdali
The close relationship between politics and economics is neither neutral nor coincidental. Large governments evolve through history in order to protect large accumulations of property and wealth. — Michael Parenti
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
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
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
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
Income and wealth inequality have reached obscene levels, the threat of climate change is more frightening than ever, and the billionaire class is now allowed to spend unlimited amounts of money to buy the candidate they want. And it is up to us to stand up and fight back. If we stand together, there is no limit to what we can accomplish. — Bernie Sanders
Overcoming poverty is not a gesture of charity. It is an act of justice. — Nelson Mandela
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
China is now suffering from poverty, not from unequal distribution of wealth. Where there are inequalities of wealth, the methods of Marx can, of course, be used; a class war can be advocated to destroy the inequalities. But in China, where industry is not yet developed, Marx's class war and dictatorship of the proletariat are impracticable. — Sun Yat-sen
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
He who eats and drinks with the rich leaves the table hungry — Greek Proverbs
Nature still obstinately refuses to co-operate by making the rich people innately superior to the poor people. — Beatrice Webb
Let us wage a moral and political war against the gross wealth and income inequality... ...let us understand that when we stand together, we will always win. — Bernie Sanders
Poverty and wealth inequality are a form of instability into the future. — Tavis Smiley
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
The difference between rich and poor is becoming more extreme, and as income inequality widens the wealth gap in major nations, education, health and social mobility are all threatened. — Helene D. Gayle
The rule of law does not do away with the unequal distribution of wealth and power, but reinforces that inequality with the authority of law. It allocates wealth and poverty in such calculated and indirect ways as to leave the victim bewildered. — Howard Zinn
Wealth inequality has increased. — Cornel West
It would, I think, be hard for anyone to make the case that the United States is a just society or anything close to a just society. In America today, there is massive injustice in terms of income and wealth inequality. Injustice is rampant. — Bernie Sanders
On inequality, I contend that far too much of the nation's wealth and income is gravitating to too few. This undermines the democracy we all cherish and the overall social cohesion necessary to maintain our wonderfully successful society. — James Stone
Income inequality matters more on a day-to-day basis. Wealth matters more for political influence. — Thomas Pogge
The United States in many ways resembles a Third World country - far more elevated, but it has many of those structural characteristics: the extreme inequality of wealth, the deterioration of infrastructure because it only serves poor people, predatory operations, huge corruption, and so on. — Noam Chomsky
Today, the United States is No. 1 in corporate profits, No. 1 in CEO salaries, No. 1 in childhood poverty and No. 1 in income and wealth inequality in the industrialized world. — Bernie Sanders
A science is said to be useful if its development tends to accentuate the existing inequalities in the distribution of wealth, or more directly promotes the destruction of human life. — G. H. Hardy
Superfluous wealth can buy superfluities only. — Henry David Thoreau
It's clear that he was incredibly courageous in his critique of white supremacy, wealth inequality, and imperial power as it relates to war in particular. But it's easy to deodorize Martin King, to sanitize or sterilize him. And I simply want to reveal his radical love and his radical analysis as what they really were. — Cornel West
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 decision is I'm going to do everything I can to fight for the working class of this country, the low-income people against income and wealth inequality, do everything we can about climate change. — Bernie Sanders
In a world of massive wealth and income inequality, Europe must support Greece’s efforts to build an economy which creates more jobs and income, not more unemployment and suffering. — Bernie Sanders
We need to start talking about inequality again; we need to start talking about the inequities and unfairnesses and the injustices of an excessively divided society, divided by wealth, by opportunity, by outcome, by assets and so forth. — Tony Judt
We live in a country where a small number of people have incredible wealth and power. America has more income and wealth inequality than any other major country. — Bernie Sanders
Certain rich men, whose lives are evil and corrupt, are the representatives of predatory wealth accumulated by all forms of inequity, from the oppression of wage workers to unfair methods of crushing out competition. — Theodore Roosevelt
The spirit of commerce is frugality, economy, moderation, labor, ponderance, tranquillity, order, and rule. So long as this spirit subsides, the riches it produces have no bad effect. The mischief is when excessive wealth destroys the spirit of commerce, then it is that the conveniences of inequality... are felt. — Baron de Montesquieu
The very existence of government at all, infers inequality. The citizen who is preferred to office becomes the superior to those who are not, so long as he is the repository of power, and the child inherits the wealth of the parent as a controlling law of society. — James Fenimore Cooper
When you think of policies that are going to address inequality of wealth, you have to be very thoughtful about what economists call "incidence of taxes." If most of the savings is being done by capitalists, and you tax the return on capital, then they will have less to invest. That would mean, over the long run, that the rate of interest would go up. That would therefore undo some of the intent to lower the income of capitalists. — Joseph Stiglitz
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