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Louis O. Kelso Quotes: It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.
         

It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.


Louis O. Kelso
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"Louis O. Kelso Quotes." Quoteslyfe.com, 2024. Tue. 30 Apr. 2024. <https://www.quoteslyfe.com/quote/It-is-the-institutions-of-society-not-827717>.





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Other quotes of Louis O. Kelso


Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.

Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.



Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.

Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.



The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.

The uneasy ghost of Marx must suffer the torments of the damned at the truth glaring from the pages of history that one does not abolish property by transferring it to the state.



Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.

Hard-core structural poverty has a counterpart at the apex: hard-core structural affluence.



The point is to make the pie grow faster and distribute the new growth more equitably.

The point is to make the pie grow faster and distribute the new growth more equitably.



There is no future for those who cannot or will not think.

There is no future for those who cannot or will not think.



Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.

Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.



Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?

Technology has no function except to save labor. Yet how often do we hear that the purpose of new capital formation is to create jobs?



We have an economic policy that is just about 10,000 years out of date.

We have an economic policy that is just about 10,000 years out of date.



The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.

The way the system now works, credit is extended to those who don't need it and denied to those who are in desperate need of it.





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Take your Bible and take your newspaper, and read both. But interpret newspapers from your Bible.

Take your Bible and take your newspaper, and read both. But interpret newspapers from your Bible.



We are Muslims. My father would pawn off his Muslim in-laws as Hindus just so that he could get free pancakes.

We are Muslims. My father would pawn off his Muslim in-laws as Hindus just so that he could get free pancakes.



It is good to follow one's own bent, so long as it leads upward.

It is good to follow one's own bent, so long as it leads upward.



Here in New York City, it's cold. It's so cold the Republicans want to use the Keystone Pipeline to deliver soup.

Here in New York City, it's cold. It's so cold the Republicans want to use the Keystone Pipeline to deliver soup.



My heart goes out to DJs who are governed entirely by playlists. Being allowed the freedom of choice, that - for me - is what makes radio special.

My heart goes out to DJs who are governed entirely by playlists. Being allowed the freedom of choice, that - for me - is what makes radio special.



I said it before we arrived in Athens, that we wanted to prove to the world that our bronze medal in Sweden was not a fluke, and we have achieved this.

I said it before we arrived in Athens, that we wanted to prove to the world that our bronze medal in Sweden was not a fluke, and we have achieved this.



A human being is like a seed. Either you can keep it as it is, or you can make it grow into a wonderful tree with flowers and fruits.

A human being is like a seed. Either you can keep it as it is, or you can make it grow into a wonderful tree with flowers and fruits.



I wish, in some ways, I was the type of comedian who could do something blistering and topical, but I'm the guy who gets stuck in the revolving door and thinks I should write about that.

I wish, in some ways, I was the type of comedian who could do something blistering and topical, but I'm the guy who gets stuck in the revolving door and thinks I should write about that.



There be three gentle and goodlie things, To be here, To be together, And to think well of one another.

There be three gentle and goodlie things, To be here, To be together, And to think well of one another.



You become a leader when you decide to be an original and not a copy.

You become a leader when you decide to be an original and not a copy.




Quote Description


This page presents the quote "It is the institutions of society, not parental genes, that bestow the blessings of ownership of productive capital.". Author of this quote is Louis O. Kelso. This quote is about genes, institutions, ownership, productive, politics, parental, wisdom, society, blessing,.