Wealth redistribution Quotes

“It is less important to redistribute wealth than it is to redistribute opportunity.”

“Capitalists grow wealth. Socialists redistribute wealth.... but population grows, so the Socialist population control kicks in in the form of eugenics.”

“Beyond the speculative and often fraudulent froth that characterizes much of neoliberal financial manipulation, there lies a deeper process that entails the springing of ‘the debt trap’ as a primary means of accumulation by dispossession. Crisis creation, management, and manipulation on the world stage has evolved into the fine art of deliberative redistribution of wealth from poor countries to the rich. I documented the impact of Volcker’s interest rate increase on Mexico earlier. While proclaiming its role as a noble leader organizing ‘bail-outs’ to keep global capital accumulation on track, the US paved the way to pillage the Mexican economy. This was what the US Treasury–Wall Street–IMF complex became expert at doing everywhere. Greenspan at the Federal Reserve deployed the same Volcker tactic several times in the 1990s. Debt crises in individual countries, uncommon during the 1960s, became very frequent during the 1980s and 1990s. Hardly any developing country remained untouched, and in some cases, as in Latin America, such crises became endemic. These debt crises were orchestrated, managed, and controlled both to rationalize the system and to redistribute assets. Since 1980, it has been calculated, ‘over fifty Marshall Plans (over $4.6 trillion) have been sent by the peoples at the Periphery to their creditors in the Center’. ‘What a peculiar world’, sighs Stiglitz, ‘in which the poor countries are in effect subsidizing the richest.”

“Leadership … is a collective and constantly redistributed function, and not the private property of the few or The One.”

“The collapse of communism and a recognition of its economic and humanitarian catastrophes took the romance out of revolutionary violence and cast doubt on the wisdom of redistributing wealth at the point of a gun.”

“I had to piece together a diet for her, too. I knew which combinations of which foods on which days would rehang everything that was draped so delicately beneath her skin. In a matter of months, the body under the smock was organized anew, redistributed”

“I'll govern for the good of the governed.I'll make sure every citizen is properly educated and doctored.I'll cease wasteful spending and ease the burden on the poor through redistribution of land and goods and taxation.”

“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 recirculation.”

“the Reagan years "produced one of the most dramatic redistributions of income in the nation's history....The income of families in the bottom decile fell by 10.4 percent...while the income of those in the top one percent rose by 87.1 percent."Chain Reaction, 23”