Economics and Finance


in Quotes & Aphorisms (Economics and Finance, Politics)
The progressive historical role of capitalism may be summed up in two brief propositions: increase in the productive forces of social labour, and the socialisation of that labour. But both these facts manifest themselves in extremely diverse processes in different branches of the national economy.
Rate this quote: Send
    in Quotes & Aphorisms (Economics and Finance)
    "Charlie, we ought to streamline the company and keep with the general trend of the times." But there was no moving him. I don't think Charlie knew himself what he wanted. As we were 50-50 partners, I was completely stymied.
    Rate this quote: Send
      in Quotes & Aphorisms (Economics and Finance)
      If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.
      Rate this quote: Send