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Louis O. Kelso Quotes: 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.


Louis O. Kelso
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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.



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We have an economic policy that is just about 10,000 years out of date.

We have an economic policy that is just about 10,000 years out of date.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



The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.

The sole missing link is the recognition that the acquisition of capital ownership by the millions is an indispensable goal. That is the turning point - our recognition of the proper goal.





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The element of craftsmanship in poetry is obscured by the fact that all men are taught to speak and most to read and write, while very few men are taught to draw or paint or write music.

The element of craftsmanship in poetry is obscured by the fact that all men are taught to speak and most to read and write, while very few men are taught to draw or paint or write music.



I still haven't made a film that defines who I am.

I still haven't made a film that defines who I am.



To preserve a man alive in the midst of so many chances and hostilities, is as great a miracle as to create him.

To preserve a man alive in the midst of so many chances and hostilities, is as great a miracle as to create him.



I'm finding it hard to listen to other rock bands. It's been hard for me for a long time, but now I can't listen to any new bands at all.

I'm finding it hard to listen to other rock bands. It's been hard for me for a long time, but now I can't listen to any new bands at all.



Before climbing the summits, you must first walk in the down valleys!

Before climbing the summits, you must first walk in the down valleys!



Each step, each strain of the eye Opens out a new horizon; And every day throws in our way Something new, to grow more wise on.

Each step, each strain of the eye Opens out a new horizon; And every day throws in our way Something new, to grow more wise on.



At one point, we were all fearful. But as you get older, it's the things you don't do that you regret, more so than the things you do. When fear knocks, answer.

At one point, we were all fearful. But as you get older, it's the things you don't do that you regret, more so than the things you do. When fear knocks, answer.



My speech is too fast; my oration confused; love knows no order.

My speech is too fast; my oration confused; love knows no order.



If you want to achieve some really big and interesting goals, you have to learn to fall in love with hard work.

If you want to achieve some really big and interesting goals, you have to learn to fall in love with hard work.



The West Wing seems to be feeding the myth about how presidential politics are.

The West Wing seems to be feeding the myth about how presidential politics are.




Quote Description


This page presents the quote "Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure.". Author of this quote is Louis O. Kelso. This quote is about source, labor, subsistence, affluence, wisdom, secure, capitalist, ideas,.