Will Durant Quotes About Concentration
-
In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty.
→ -
We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this view all economic history is the slow heartbeat of the social organism, a vast systole and diastole of concentrating wealth and compulsive redistribution.
→ -
The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.
→
Related Authors
-
Vonda N. McIntyre Author -
Voltaire Writer -
Edward Gibbon Historian -
Stephen Sondheim Composer -
Immanuel Kant Philosopher -
Franz Kafka Writer -
Arnold J. Toynbee Historian -
George Santayana Philosopher -
Baruch Spinoza Philosopher -
Ernest Hemingway Author -
-
Francis Bacon Former Lord Chancellor -
Bertrand Russell Philosopher -
Arthur Schopenhauer Philosopher -
Will Ferrell Comedian -
Jean-Jacques Rousseau Philosopher -
William James Philosopher -
Jack Nicholson Actor -
Ariel Durant Writer -
Mortimer Adler Philosopher