400+ Sourced quotes
Whether you are a Christian, or a Muslim, or a Nationalist, we all have the same problem. They don't hang you because you're a Baptist; they hang you 'cause you're black. They don't attack me because I'm a Muslim; they attack me 'cause I'm black. They attack all of us for the same reason — all of us catch hell from the same enemy. We're all in the same bag, in the same boat. We suffer political oppression, economic exploitation, and social degradation all of them from the same enemy.
Modern life... changes no longer century by century, but year by year, ten times faster than it ever has before-populations doubling, civilizations unified more closely with other civilizations, economic interdependence, racial questions, and-we're dawdling along. My idea is that we've got to go very much faster.
Combinations in industry are the result of an imperative economic law which cannot be repealed by political legislation. The effort at prohibiting all combination has substantially failed. The way out lies, not in attempting to prevent such combinations, but in completely controlling them in the interest of the public welfare.
The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
I yield to no one in my detestation of Bolshevism, and of the revolutionary violence which precedes it. … But my hatred of Bolshevism and Bolsheviks is not founded on their silly system of economics, or their absurd doctrine of an impossible equality. It arises from the bloody and devastating terrorism which they practice in every land into which they have broken, and by which alone their criminal regime can be maintained. … Governments who have seized upon power by violence and by usurpation have often resorted to terrorism in their desperate efforts to keep what they have stolen, but the august and venerable structure of the British Empire … does not need such aid. Such ideas are absolutely foreign to the British way of doing things.
It was Adam Smith, the father of free-market economics, who once said, They who feed, clothe, and lodge the whole body of the people should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged. And for those of you who don't speak old-English let me translate. It means if you work hard, you should make a decent living. If you work hard, you should be able to support a family.
More striking still, it appeared that, if the process of concentration goes on at the same rate, at the end of another century we shall have all American industry controlled by a dozen corporations and run by perhaps a hundred men. Put plainly, we are steering a steady course toward economic oligarchy, if we are not there already.
And that kind of economic growth, where everybody has opportunity — if you work hard, you can succeed — that's what gets a nation moving rapidly when it comes to develop. But that kind of growth can only be created if corruption is left behind. For investment to lead to opportunity, reform must promote budgets that are transparent and industry that is privately owned.
These economic royalists complain that we seek to overthrow the institutions of America. What they really complain of is that we seek to take away their power. Our allegiance to American institutions requires the overthrow of this kind of power. In vain they seek to hide behind the flag and the Constitution. In their blindness they forget what the flag and the Constitution stand for. Now, as always, they stand for democracy, not tyranny; for freedom, not subjection; and against a dictatorship by mob rule and the over-privileged alike.
There is also the danger that our system can lead to tragic exploitation. We must come out of the mountain and be concerned about a more humane and just economic order. And I say, this afternoon, that we cannot solve this problem byturning to Communism. Communism is based on an ethical relativism and a metaphysical materialism that no Christian can accept. I do believe that in America wemust use our vast resources of wealth to bridge the gulf between abject, deaden-ing poverty and superfluous, inordinate wealth. God has left enough space in this universe for all of his children to have the basic necessities of life.
The materialist theory of history, that all politics and ethics are the expression of economics, is a very simple fallacy indeed. It consists simply of confusing the necessary conditions of life with the normal preoccupations of life, that are quite a different thing. It is like saying that because a man can only walk about on two legs, therefore he never walks about except to buy shoes and stockings.