“Morgan then formed the U.S. Steel Corporation, combining Carnegie’s corporation with others. He sold stocks and bonds for $1,300,000,000 (about 400 million more than the combined worth of the companies) and took a fee of 150 million for arranging the consolidation. How could dividends be paid to all those stockholders and bondholders? By making sure Congress passed tariffs keeping out foreign steel; by closing off competition and maintaining the price at $28 a ton; and by working 200,000 men twelve hours a day for wages that barely kept their families alive. And so it went, in industry after industry—shrewd, efficient businessmen building empires, choking out competition, maintaining high prices, keeping wages low, using government subsidies. These industries were the first beneficiaries of the “welfare state.”
― A People's History of the United States: 1492 to Present
― A People's History of the United States: 1492 to Present
“Every man is what he is, because of the dominating thoughts which he permits to occupy his mind. Thoughts which a man deliberately places in his own mind, and encourages with sympathy, and with which he mixes any one or more of the emotions, constitute the motivating forces, which direct and control his every movement, act, and deed!”
― Think and Grow Rich
― Think and Grow Rich
“Three years before the terrible events of September 11, 2001, a former lieutenant colonel in the U.S. Air Force, Robert Bowman, who had flown 101 combat missions in Vietnam, and then had become a Catholic bishop, commented on the terrorist bombings of the U.S. embassies in Kenya and Tanzania. In an article in the National Catholic Reporter he wrote about the roots of terrorism: We are not hated because we practice democracy, value freedom, or uphold human rights. We are hated because our government denies these things to people in Third World countries whose resources are coveted by our multinational corporations. That hatred we have sown has come back to haunt us in the form of terrorism. . . . Instead of sending our sons and daughters around the world to kill Arabs so we can have the oil under their sand, we should send them to rebuild their infrastructure, supply clean water, and feed starving children. . . . In short, we should do good instead of evil. Who would try to stop us? Who would hate us? Who would want to bomb us? That is the truth the American people need to hear.”
― A People's History of the United States: 1492 to Present
― A People's History of the United States: 1492 to Present
“Disappointment over love affairs generally has the effect of driving men to drink, and women to ruin; and this, because most people never learn the art of transmuting their strongest emotions into dreams of a constructive nature.”
― Think and Grow Rich
― Think and Grow Rich
“The business of scepticism is to be dangerous. Scepticism challenges established institutions. If we teach everybody, including, say, high school students, habits of sceptical thought, they will probably not restrict their scepticism to UFOs, aspirin commercials and 35,000-year-old channellees. Maybe they’ll start asking awkward questions about economic, or social, or political, or religious institutions. Perhaps they’ll challenge the opinions of those in power. Then where would we be?”
― The Demon-Haunted World: Science as a Candle in the Dark
― The Demon-Haunted World: Science as a Candle in the Dark
Riko’s 2025 Year in Books
Take a look at Riko’s Year in Books, including some fun facts about their reading.
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