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Louis O. Kelso Quotes: 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.


Louis O. Kelso
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Other quotes of Louis O. Kelso


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We have an economic policy that is just about 10,000 years out of date.

We have an economic policy that is just about 10,000 years out of date.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



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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To be angry at the gods is to scream at the stars. Even if they hear, they will not stop shining.

To be angry at the gods is to scream at the stars. Even if they hear, they will not stop shining.



When you have a country that's been accustomed to government spending at a certain level, it is really hard to ratchet it back.

When you have a country that's been accustomed to government spending at a certain level, it is really hard to ratchet it back.



I don't think anyone would argue with the notion that there have been serious abuses on Wall Street.

I don't think anyone would argue with the notion that there have been serious abuses on Wall Street.



We all do the wrong thing. And then we have to wake up the next morning and live with the fact that we have done things that are wrong.

We all do the wrong thing. And then we have to wake up the next morning and live with the fact that we have done things that are wrong.



You should not have a favourite weapon. To become over-familiar with one weapon is as much a fault as not knowing it sufficiently well.

You should not have a favourite weapon. To become over-familiar with one weapon is as much a fault as not knowing it sufficiently well.



Beauty makes us more like ourselves and more like each other.

Beauty makes us more like ourselves and more like each other.



I think if you don't love people and aren't fascinated by them, you'll never succeed as a portrait photographer, because your pictures will look cold.

I think if you don't love people and aren't fascinated by them, you'll never succeed as a portrait photographer, because your pictures will look cold.



The Lexus LS 460 was designed to expand on the definition of the full-size luxury sedan as well as the level of innovative technology, especially as it relates to safety.

The Lexus LS 460 was designed to expand on the definition of the full-size luxury sedan as well as the level of innovative technology, especially as it relates to safety.




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This page presents the quote "Everyone should own a piece of the wealth-producing capital of this country, but not everyone can be a manager. Or should be.". Author of this quote is Louis O. Kelso. This quote is about wealth, country, pieces, wisdom,.