Richard

“The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

“Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

“The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

“American humorist Kin Hubbard said , "It ain't no disgrace to be poor, but it might as well be". The meanest eating or drinking establishment, owned by a man who is himself poor, is very likely to have a sign on its wall asking this cruel question: "If you're so smart, why ain't you rich?"

Americans, like human beings everywhere, believe many things that are obviously untrue... Their most destructive untruth is that it is very easy for any American to make money. They will not acknowledge how in fact hard money is to come by, and, therefore, those who have no money blame and blame and blame themselves. This inward blame has been a treasure for the rich and powerful, who have had to do less for their poor, publicly and privately, than any other ruling class since, say, Napoleonic times.

Many novelties have come from America. The most startling of these, a thing without precedent is a mass of undignified poor. They do not love one another because they do not love themselves.”
― Kurt Vonnegut, Slaughterhouse-Five