Good quotes Rono! Jefferson is one of the most bastardized political theorists, up there with Adam Smith. Both get mis-quoted often and both were pretty cool theorists, it's too bad that often they get used to justify interest. Here are some Adam Smith quotes, the so called "Grandfather of Capitalism": Adam Smith It is only under the shelter of the civil magistrate that the owner of valuable property...can sleep a single night in security
Adam Smith The government of an exclusive company of merchants is, perhaps, the worst of all governments for any country whatsoever
Adam Smith Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all.
Source: Adam Smith Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
Source: Wealth of Nations, chapter 9 Adam Smith Wealth, as Mr. Hobbes says, is power.
Source: The Wealth of Nations Adam Smith No society can surely be flourishing and happy of which the greater part of the member are poor and miserable.
Source: The Wealth of Nations Adam Smith Whenever the legislature attempts to regulate the difference between masters and their workmen, its counsellors are always the masters. When the regulation, therefore, is in favor of the workmen it is always just and equitable; but it is sometimes otherwise when in favor of the master.
Source: The Wealth of Nations Adam Smith All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind.
Source: An Inquiry Into the Nature and Causes of the Wealth of Nations Adam Smith In a society of an hundred thousand families, there will perhaps be one hundred who don't labour at all, and who yet, either by violence, or by the more orderly oppression of law, employ a greater part of the labour of society than any other ten thousand in it. The division of what remains, too, after this enormous defalcation, is by no means made in proportion to the labour of each individual. On the contrary those who labour most get least. The opulent merchant, who spends a great part of his time in luxury and entertainments, enjoys a much greater proportion of the profits of his traffic, than all the Clerks and Accountants who do the business. These last, again, enjoying a great deal of leisure, and suffering scarce any other hardship besides the confinement of attendance, enjoy a much greater share of the produce, than three times an equal number of artisans, who, under their direction, labour much more severely and assiduously. The artisan again, tho' he works generally under cover, protected from the injuries of the weather, at his ease and assisted by the convenience of innumerable machines, enjoys a much greater share than the poor labourer who has the soil and the seasons to struggle with, and, who while he affords the materials for supplying the luxury of all the other members of the common wealth, and bears, as it were, upon his shoulders the whole fabric of human society, seems himself to be buried out of sight in the lowest foundations of the building.
Source: first draft of Wealth Of Nations
Adam Smith It was not by gold or by silver, but by labor, that all the wealth of the world was originally purchased.
Aristotle Democracy [is] when the indigent, and not the men of property, are the rulers.
-------------------- Censorship: ahh, McCarthyism with a smiley face
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