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thomhartmann

(3,979 posts)
Fri Dec 6, 2013, 03:46 PM Dec 2013

Thom Hartmann: Corporations...pay a living wage or get the death penalty!



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Thom Hartmann: Corporations...pay a living wage or get the death penalty! (Original Post) thomhartmann Dec 2013 OP
Quotes from "The Father of Capitalism" LongTomH Dec 2013 #1
Corporations are NOT chartered to harm society, and used to be held to high standards. dougolat Dec 2013 #2

LongTomH

(8,636 posts)
1. Quotes from "The Father of Capitalism"
Fri Dec 6, 2013, 04:12 PM
Dec 2013

Quotations from Adam Smith:

"Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people."

"The liberal reward of labor, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth. The scanty maintenance of the laboring poor, on the other hand, is the natural symptom that things are at a stand, and their starving condition that they going backwards fast."

"All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind."

"No society can surely be flourishing and happy when part of the members are poor and miserable."
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