Martin Luther King, Jr. Money Quotes
This page contains several quotes from Martin Luther King Jr. about money and economics. It discusses how MLK believed that love, not money, should be society’s bottom line. Some quotes discuss how capitalism benefits the wealthy more than the poor.
Others talk about how nations focused more on military than social programs are spiritually declining. MLK also advocated for abolishing poverty directly through a guaranteed basic income. The page allows users to share the various money quotes from MLK.
MLK Day is a Federal Holiday observed each year on the third Monday of January.
Dr. Kings Birthday was January 15, 1929 – Died (assassinated) April 4, 1968. He is best known for his “I have a Dream” speech. (Portions quoted Below)
“We can dream of an America, and a world, in which love and not money are civilization’s bottom line“
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“We all too often have socialism for the rich and rugged free market capitalism for the poor”
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“Money in its proper place is a worthwhile and necessary instrument for a well-rounded life, but when it is projected to the status of a god it becomes a power that corrupts and an instrument of exploitation” — Martin Luther King, Jr.
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“When men bow down and worship at the shrine of money they are being deprived of their most precious endowment—the possibility of living life in its fullness and its endless beauty” — Martin Luther King, Jr.
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“Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That’s the way the system works. And since we know that the system will not change the rules, we are going to have to change the system” — Martin Luther King, Jr.
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“A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death”
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“We need leaders not in love with money but in love with justice”
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“There is nothing new about poverty. What is new is that we now have the techniques and the resources to get rid of poverty. The real question is whether we have the will”
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“We have come to cash this check — a check that will give us upon demand the riches of freedom and the security of justice”
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“We refuse to believe that the bank of justice is bankrupt. We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation” — Martin Luther King, Jr.
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We have come to our nation’s capital to cash a check. When the architects of our republic wrote the magnificent words of the Constitution and the declaration of Independence, they were signing a promissory note to which every American was to fall heir” — Martin Luther King, Jr.
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“America has defaulted on this promissory note insofar as her citizens of color are concerned. Instead of honoring this sacred obligation, America has given the Negro people a bad check which has come back marked ‘insufficient funds'”
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“I am now convinced that the simplest approach will prove to be the most effective — the solution to poverty is to abolish it directly by a now widely discussed measure: the guaranteed income”
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“I never intend to adjust myself to economic conditions that will take necessities from the many to give luxuries to the few“
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“We are prone to judge success by the index of our salaries or the size of our automobiles rather than by the quality of our service and relationship to mankind — Martin Luther King Jr.
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