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Louis O. Kelso Quotes: Most of us owe instead of own. And the less the economy needs our labor, the less able we are to
         

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.


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.



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.



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We have an economic policy that is just about 10,000 years out of date.

We have an economic policy that is just about 10,000 years out of date.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 world is not worthless but one should know how to get work done from it, because everyone is God, they all have different work to do. Therefore do not have dislike for anything in this world.

The world is not worthless but one should know how to get work done from it, because everyone is God, they all have different work to do. Therefore do not have dislike for anything in this world.



The government to you is what God is to agnostics--only to be invoked when your own well being is at stake.

The government to you is what God is to agnostics--only to be invoked when your own well being is at stake.



The two areas that are changing... are information technology and medical technology. Those are the things that the world will be very different 20 years from now than it is today.

The two areas that are changing... are information technology and medical technology. Those are the things that the world will be very different 20 years from now than it is today.



Provoking, isn't it? that when one is most in need of sensible words, one finds them not.

Provoking, isn't it? that when one is most in need of sensible words, one finds them not.



There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape.

There is no question that advertising is an art, and manipulation is the art of advertising through the medium of the tape.



The only Jews who interest us are our fellow citizens... Basically and profoundly, we are with the West.

The only Jews who interest us are our fellow citizens... Basically and profoundly, we are with the West.



I have an Augustus Waters fetish.

I have an Augustus Waters fetish.



Jealousy in romance is like salt in food. A little can enhance the savor, but too much can spoil the pleasure and, under certain circumstances, can be life-threatening.

Jealousy in romance is like salt in food. A little can enhance the savor, but too much can spoil the pleasure and, under certain circumstances, can be life-threatening.



Dialogue is a non-confrontational communication, where both partners are willing to learn from the other and therefore leads much farther into finding new grounds together

Dialogue is a non-confrontational communication, where both partners are willing to learn from the other and therefore leads much farther into finding new grounds together



I don't thrive in a word-perfect environment.

I don't thrive in a word-perfect environment.




Quote Description


This page presents the quote "Most of us owe instead of own. And the less the economy needs our labor, the less able we are to &quot;save&quot; our way to capital ownership.". Author of this quote is Louis O. Kelso. This quote is about way, ownership, able, labor, economy, wisdom, needs,.