Joint Stock Company Quotes

• The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage , in a word to stock-exchange gambling and the modern bankocracy .

  →

  Karl Marx

  Gambling   Debt   Joints  

  Karl Marx (2007). “Capital: A Critique of Political Economy - The Process of Capitalist Production”, p.827, Cosimo, Inc.

  406

• The aggregate capital appears as the capital stock of all individual capitalists combined. This joint stock company has in common with many other stock companies that everyone knows what he puts in, but not what he will get out of it.

  →

  Karl Marx

  Joints   Common   Individual  

  Karl Marx, Samuel Moore, Edward Bibbins Aveling, Friedrich Engels (1961). “Capital: A Critical Analysis of Capitalist Production”

  471

• It is quite possible that future generations will look upon arguments about the inferiority of the socialist plan as we look upon Adam Smith's argument about joint stock companies which, also, were simply false.

  →

  Joseph A. Schumpeter

  Generations   Looks   Inferiority  

  Joseph A. Schumpeter (2013). “Capitalism, Socialism and Democracy”, p.196, Routledge

  2249

• That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.

  →

  Adam Smith

  Competition   Branches   Able  

  Adam Smith, William Playfair (1811). “An inquiry into the nature and causes of the wealth of nations”, p.190

  1581

• These are the voices which we hear in solitude, but they grow faint and inaudible as we enter into the world. Society everywhere is in conspiracy against the manhood of everyone of its members. Society is a joint-stock company, in which the members agree, for the better securing of his bread to each shareholder, to surrender the liberty and culture of the eater. The virtue in most request is conformity. Self-reliance is its aversion. It loves not realities and creators, but names and customs.

  →

  Ralph Waldo Emerson

  Reality   Self   Names  

  Ralph Waldo Emerson (2015). “Emerson's Essays: Top Essays”, p.42, 谷月社

  2719

• There is no such thing as the Queen's English. The property has gone into the hands of a joint stock company and we own the bulk of the shares!

  →

  Mark Twain

  Queens   Hands   Gone  

  Following the Equator ch. 24, "Pudd'nhead Wilson's New Calendar" (1897)

  4825