Sunday, October 30, 2005

John Kenneth Galbraith

"Under capitalism, man exploits man. Under communism, it's just the opposite."

"It is a well known and very important fact that America's founding fathers did not like taxation without representation. It is a lesser known and equally important fact that they did not much like taxation with representation."

"The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness."

"The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself."

"You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too."