Economics Greed Quotes

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
― Warren Buffett

“We all know that 97% of the money in the world doesn't exist and that's thanks to Fractional Reserve Banking, or should I say fictional reserve banking." He grinned at his own joke, his smile partly hidden by his hair, "Money is no longer attached to the Gold Standard, therefore, it isn't based on anything. So when it says, 'I promise to pay the bearer on demand ten pounds,' I have to ask, ten pounds of what?" Silence. "The world is owned by the rich shareholder, the rich superstar, the rich industrialist, the rich aristocracy." He was now marching around the stage, "It doesn't matter who or what they are, if they're rich then they own a part of the world, but they only own it because they've got lots of money. Which means they own part of the 97% of the world’s fictional money, the pretend money that only exists on a computer." He stopped abruptly and stared out at the audience, "Which means that if they cashed in their fictional nonexistent money they'd get something like this ten pound note offering to pay the bearer the sum of ten pounds of nothing." He held the note aloft, "Which means the rich have managed to buy the entire world with paper nothing that has a value of nothing and we've let them do it.”
― Arun D. Ellis, Daydream Believers

“Disparity, Education and Economy

Every dollar spent on luxury is a dollar of disparity. Citizens of earth could force big tech to pay their employees fair wages tomorrow, if they just stop buying their fancy, overpriced products and go for humbler alternatives unless the companies bring down their disparities in salary.

The CEO may enjoy certain benefits of their position, but not until those working at the bottom can afford the fundamentals of life for their family. I'll say it to you plainly. An employee wronged is a company wronged.

You see, trying to build a disparity-free economy pursuing revenue is like trying to achieve pregnancy through vasectomy. So long as greed drives the economy, it's not economy, but catastrophe. So long as greed drives the industries, it's not industrialization, it is vandalization.

Ambition to climb the ladder of status so that you could be on the affluent side of disparity, is no ambition of a civilized human, it's the ambition of a caveman. So, before you pursue an ambition in life, educate yourself on a civilized definition of ambition.

Yet the situation in our world is so pathetic that that's exactly the kind of ambition educational institutes sell. Schools and universities don't teach you to build a civilized society free from disparity, they teach you clever tactics to be on the affluent side of disparity. This is not education, this is castration.

Concern for the society should be the bedrock of education - collective welfare should be the bedrock of economy - if not, we might as well start living as hobos on the streets, because with greed as the driving principle of education and economy, sooner or later all of us will end up on the streets.”
― Abhijit Naskar, Ingan Impossible: Handbook of Hatebusting

“So long as greed drives the industries, it's not industrialization, it is vandalization.”
― Abhijit Naskar, Ingan Impossible: Handbook of Hatebusting

“It’s class warfare; my class is winning, but they shouldn’t be.”
― Warren Buffett

“So long as greed drives the economy, it's not economy, but catastrophe.”
― Abhijit Naskar, Ingan Impossible: Handbook of Hatebusting

“the town had been the arrival port for thousands of Yoeme people, deported from Sonora in the first years of the twentieth century, under the regime of Porfirio Díaz. People who had been forcibly removed from their homes and villages because of their resistance to the opening of their ancestral land — the largest, most fertile river valley in Mexico — to make way for Mexican and American venture capitalists.”
― Anna Hope, The White Rock