Friday, March 16, 2012

Matt Taibbi

In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.

Read more: http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405 

Thursday, March 15, 2012

Herbert Hoover

The only trouble with capitalism is capitalists. They’re too darn greedy.

[Note: CEO pay has risen from 42 times the compensation of the average worker in 1980 to 340 times currently, a 756 percent rise after inflation, while the real income of the average worker has barely kept pace with the cost of living.]

Leo Babauta

I learn not as a chore to check off my list, nor as a route to self-improvement, but because I'm excited about something. That's the only way to learn.

John C. Bogle

Yes, capitalism has bestowed its blessings unevenly. But it has bestowed them liberally, as living standards have risen all over the industrialized world. Those blessings are now spreading through the emerging economies of South America and Southeast Asia, including India and China, whose economy, within the next two decades, will surpass even America’s powerful economic engine.