The dynamics of capitalism is postponement of enjoyment to the constantly postponed future.

In a way, underdevelopment is a paradox. Many parts of the world that are naturally rich are actually poor and parts that are not so well off in wealth of soil and sun-soil are enjoying the highest standards of living. When the capitalists from the developed parts of the world try to explain this paradox, they often make it sound as though there is something “God-given” about the situation. One bourgeois economist, in a book on development, accepted that the comparative statistics of the world today show a gap that is much larger than it was before. By his own admission, the gap between the developed and underdeveloped countries has increased by at least 15 to 20 times over the last 150 years. However, the bourgeois economist in question does not give a historical explanation, nor does he consider that there is a relationship of exploitation which allowed capitalist parasites to grow fat and impoverished the dependencies. Instead he puts forward a biblical explanation! Pg. 21.

Democracy is probably the only discovery by mankind which mostly brought it only happiness.

He had been taught as a child that Urras was a festering mass of inequity, iniquity, and waste. But all the people he met, and all the people he saw, in the smallest country village, were well dressed, well fed, and contrary to his expectations, industrious. They did not stand about sullenly waiting to be ordered to do things. Just like Anaresti, they were simply busy getting things done. It puzzled him. He had assumed that if you removed a human being's natural incentive to work -- his initiative, his spontaneous creative energy -- and replaced it with external motivation and coercion, he would become a lazy and careless worker. But no careless workers kept those lovely farmlands, or made the superb cars and comfortable trains. The lure and compulsion of profit was evidently a much more effective replacement of the natural initiative than he had been led to believe.

A company is judged by the president it keeps.

In the same way that central banking nearly wrecked the world and created one calamity after another, bitcoin can save the world one transaction at a time.It is time for a new beginning.

One glance at any government budget anywhere in the world tells the story—the money is always in place, already allocated, the motive everywhere is fear, the more immediate the fear, the higher the multiples.

But it must be observed that as the depreciation of money proceeds, the demand for money (I.E. For the kind of money in question) gradually begins to fall. When loss of wealth is suffered in proportion to the length of time money is kept on hand, endeavours are made to reduce cash holdings as much as possible. N ow if every individual, even if his circumstances are otherwise unchanged, no longer wishes to maintain his cash holding at the same level as before the beginning of the inflation, the demand for money in the whole community, which can only be the sum of the individuals' demands, decreases too. There is also the additional fact that as commerce gradually-begins to use foreign money and actual gold in place of notes, individuals begin to hold part of their reserves in foreign money and in gold and no longer in notes.

For when the Law of Price declares that a good actually commands a particular price, and explains why it does so, it of course implies that the good is able to command this price, and explains why it is able to do so. The Law of Price comprehends the Law of Exchange-Value.

It is important to note that the acquisition of wealth, as the accepted standard of succes, does not refer to increasing material goods for sustenance purposes, or even for the purpose of increasing enjoyment. It refers rather to wealth as a sign of individual power, a proof of achievement and self-worth.Modern economic individualism, though based on belief in the free individual, has resulted in the phenomenon that increasingly large numbers of people have to work on the property (capital) of a few powerful owners. It is not surprising that such a situation should lead to widespread insecurity, for not only is the individual faced with a criterion of succes over which he has only partial control but also his opportunities for a job are in considerable measure out of his control.