Sally Wentworth: Capitalist Inherit

Meaning of Sally Wentworth Money Quote: saying One must first earn any inheritance they wish to receive from their father. Sally Wentworth said:

 

 

“In a capitalist society there are always inequalities of class and wealth. People who inherit money and property will always see themselves as being superior to those who have to work for it” — Sally Wentworth

This quote from Sally Wentworth suggests that in a capitalist system, inequalities between social classes will inherently exist based on wealth disparities. Some key points in interpreting her perspective:

• Wentworth implies those born into money and assets see themselves as above those who must work for wages, due to the circumstances of their upbringing.
• She portrays a tendency towards elitism among some who inherit wealth over those building prosperity through labor.
• However, reasonable people disagree on the causes and solutions to inequality, and most inheritors are also workers themselves or donate extensively.
• A balanced interpretation acknowledges both Wentworth’s observation and the complex realities of mobility and diversity within free societies, where both privilege and merit play roles.

Overall, while reflecting Wentworth’s viewpoint, the best analysis considers this perspective alongside other reasonable positions. Capitalism involves ongoing debates around responsibility, opportunity and the relationship between economics, ethics and policy, with good arguments on multiple sides.

Vic Oliver: Money Mad Capitalist

Vic Oliver Money Quote saying we let money define us and others look to assign their own ideas. Vic Oliver said:
 

 

“If a man is after money, he’s money mad; if he keeps it, he’s a capitalist; if he spends it, he’s a playboy; if he doesn’t get it, he’s a never-do-well; if he doesn’t try to get it, he lacks ambition. If he gets it without working for it; he’s a parasite; and if he accumulates it after a life time of hard work, people call him a fool who never got anything out of life” — Vic Oliver

In this quote, Vic Oliver seems to be satirizing the double standards and contradictory expectations placed upon individuals regarding their relationship with money. Some key points:

• He notes that if a man actively pursues money, he can be called “money mad,” but if he accumulates wealth through work, others may say he’s a “fool” who didn’t enjoy life.
• Oliver also points out that a man can be labeled a “capitalist” for keeping wealth or a “playboy” for spending it freely.
• The quote implies that no matter what choices one makes regarding finances – acquiring it, retaining it, using it or not prioritizing it – they may be criticized through differing and inconsistent lenses.

Overall, Oliver appears to be humorously conveying that societal and personal judgments of others in relation to money are often irrational, subjective and prone to shifting goal posts. No single path regarding finances seems to satisfy all observers. The quote challenges simplistic perspectives on wealth by highlighting its complexities and the lack of a universally agreed-upon “right” way to relate to money according to changing norms and individual circumstances.

Birthday: July 8, 1898 – Death: August 15, 1964

Joe Biden: Pay Taxes Billionaires

Joe Biden Money Quote saying it is important that corporations pay taxes on income, because they avoid tax now. Joe Biden said:
 

 

“You have 55 corporations in the US making $40 Billion or more that don’t pay a cent. Not a single red cent. Not a single little red cent. Now, I don’t care, I’m a capitalist. I hope you can be a millionaire or billionaire. Not a problem. But at least pay your fair share! Chip in a little bit! ” — Joe Biden

Joe Biden is talking about large, profitable corporations in the United States that pay little to no taxes each year. He says that there are 55 corporations that make $40 billion or more annually but pay “not a cent” in taxes. Biden acknowledges that he supports capitalism and does not have a problem with people becoming millionaires or billionaires through their businesses.

However, he believes these very large, profitable corporations should still pay their “fair share” in taxes and “chip in a little bit” to support public services and infrastructure that help enable their business success. Overall, the quote expresses Biden’s view that extremely profitable corporations should contribute more in taxes rather than avoiding them entirely.

Birthday November 20, 1942

There’s no reason why millionaires and billionaires shouldn’t pay their fair share of taxes. pic.twitter.com/FJe4Qd7V7a

— The Democrats (@TheDemocrats) October 22, 2021

Tim Jackson: Capitalist Economies

Tim Jackson Money Quote saying we have long viewed productivity as the thing that drives capitalism. Tim Jackson said:
 

“Productivity — the amount of output delivered per hour of work in the economy — is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money” — Tim Jackson

In this quote, Tim Jackson seems to be critiquing a narrow focus on productivity and output within capitalist economic systems. By noting that productivity (amount of output per hour worked) is often seen as the “engine of progress” and stating that “output is everything” and “time is money”, Jackson implies an overriding emphasis on maximizing production efficiency and financial gains above all else.

The quote conveys Jackson’s perspective that modern capitalist economies prioritize delivering ever-greater outputs in less time in a way that could undermine other important societal values like well-being, sustainability and work-life balance if not balanced with other considerations. Overall, he appears to be arguing for a more holistic view of “progress” beyond monetary outputs alone.

George Bernard Shaw: Vote Gold

George Bernard Shaw Money Quote saying given the choice between members of government and value of gold, a capitalist system will lean toward gold. George Bernard Shaw said:
 

 

“You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold” — George Bernard Shaw

George Bernard Shaw is contrasting trusting in the stability of gold versus trusting in the honesty and intelligence of government. He argues that as long as a capitalist system exists, it is better to put one’s trust in gold rather than government.

Shaw seems to be suggesting that gold maintains a more stable and predictable value over time compared to the policies and actions of those in government which can be subject to political pressures and changes in leadership.

Overall, Shaw is advocating that under a capitalist economic system, it is a safer bet to tie one’s assets to the value of gold rather than leaving it up to the discretion of those governing at any given time.

Birthday: July 26, 1856 – Death: November 2, 1950

Bret Easton Ellis: Capitalist Society

Bret Easton Ellis Money Quote saying making money is dependent on having made money. Bret Easton Ellis said:
 

 

“If you make money you are always ensured work. It’s a capitalist society baby” — Bret Easton Ellis

This quote from author Bret Easton Ellis suggests that in a capitalist economic system like that of the United States, having money essentially guarantees continued opportunities to make more money through work or business ventures.

The best interpretation is that wealth begets more wealth – those who have accumulated financial success will have greater access to resources and connections that enable further profit and career longevity.

While money alone does not equate to happiness or fulfillment, capitalism rewards risk-taking and reinvestment of capital gains. This reality underscores the relationship between economic prosperity and maintaining cash flow in a market-driven society.

It serves as a reminder that accumulating wealth opens doors that may close for those without means.

Nick Hanauer: Greed Sociopath

Nick Hanauer Money Quote saying that Gordon Gecko was wrong in the 1987 movie ‘Wall Street’ and instead calls greed a mental illness. Nick Hanauer said:
 

 

“Greed is not good: Being rapacious doesn’t make you a capitalist — It makes you a sociopath” — Nick Hanauer

Nick Hanauer is saying that greed and being excessively rapacious (eager to acquire wealth or possessions by aggressive or dishonest means) does not make someone a true capitalist.

True capitalism involves operating businesses and acquiring wealth through legitimate means that create value for customers and society. However, being overly rapacious and caring only about acquiring wealth for oneself in harmful or dishonest ways is a sign of sociopathy, which is an antisocial personality disorder involving lack of empathy and remorse.

In this quote, Hanauer is arguing that true capitalism should not promote or celebrate excessive greed and rapacious behavior that harms others or society.

Catharine Beecher: Working Women

Catharine Beecher Money Quote saying women are taken advantage of by business owners when they pay little and profit greatly from the work. Catharine Beecher said:
 

 

“Work of all kinds is got from poor women, at prices that will not keep soul and body together, and then the articles thus made are sold for prices that give monstrous prices to the capitalist, who thus grows rich on the hard labor of our sex” — Catharine Beecher

In this quote, Catharine Beecher is criticizing how poor women are exploited for their labor. She notes that poor women are paid extremely low “prices” or wages for various types of “work” or jobs that are barely enough to sustain themselves (“will not keep soul and body together”). Meanwhile, the products and articles made from this poorly compensated female labor are sold at much higher “prices” by “capitalists” or business owners.

These capitalists then make “monstrous profits” off the labor of women while the women themselves remain impoverished despite working hard. Overall, Beecher is highlighting the economic injustice and gender inequality of a system that allows businessmen to enrich themselves greatly through underpaying women for their difficult work.

Birthday: September 6, 1800 – May 12, 1878