Home › Forums › Financial Markets/Economics › What’s your favorite karl marx quote?
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April 19, 2020 at 10:27 PM #22851April 19, 2020 at 10:28 PM #816670scaredyclassicParticipant
I put some good ones in that Kyle bass thread. Feel free to pick one of those
April 20, 2020 at 9:27 AM #816675scaredyclassicParticipantThe representation of private interests … abolishes all natural and spiritual distinctions by enthroning in their stead the immoral, irrational and soulless abstraction of a particular material object and a particular consciousness which is slavishly subordinated to this object.
Marx, On the Thefts of Wood, in Rheinische Zeitung (1842)
“atheism” … reminds one of children, assuring everyone who is ready to listen to them that they are not afraid of the bogy man.
Marx, Letter to 30 November 1842
Political economy came into being as a natural result of the expansion of trade, and with its appearance elementary, unscientific huckstering was replaced by a developed system of licensed fraud, an entire science of enrichment.
Engels, Outlines of Political Economy (1844)
The bureaucracy is a circle from which no one can escape. Its hierarchy is a hierarchy of knowledge.
Marx, Critique of Hegel’s Philosophy of Right (1843)
The bureaucrat has the world as a mere object of his action.
Critique of Hegel’s Philosophy of Right (1843)
All forms of the state have democracy for their truth, and for that reason are false to the extent that they are not democracy.
Marx, Critique of Hegel’s Philosophy of Right (1843)
We develop new principles for the world out of the world’s own principles. We do not say to the world: Cease your struggles, they are foolish; we will give you the true slogan of struggle. We merely show the world what it is really fighting for, and consciousness is something that it has to acquire, even if it does not want to.
Marx, Letter from the Deutsch-Französische Jahrbücher to Ruge (1843)
But, if constructing the future and settling everything for all times are not our affair, it is all the more clear what we have to accomplish at present: I am referring to ruthless criticism of all that exists, ruthless both in the sense of not being afraid of the results it arrives at and in the sense of being just as little afraid of conflict with the powers that be.
Marx, Letter from the Deutsch-Französische Jahrbücher (1843)
Religious suffering is, at one and the same time, the expression of real suffering and a protest against real suffering. Religion is the sigh of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions.
It is the opium of the people.Marx, Critique of Hegel’s Philosophy of Right. Introduction (1843)
The state is based on this contradiction. It is based on the contradiction between public and private life, between universal and particular interests. For this reason, the state must confine itself to formal, negative activities
Marx, Critical Notes on the Article ‘The King of Prussia and Social Reform. By a Prussian’ (1844)
Do I obey economic laws if I extract money by offering my body for sale,… — Then the political economist replies to me: You do not transgress my laws; but see what Cousin Ethics and Cousin Religion have to say about it. My political economic ethics and religion have nothing to reproach you with, but — But whom am I now to believe, political economy or ethics? — The ethics of political economy is acquisition, work, thrift, sobriety — but political economy promises to satisfy my needs. … It stems from the very nature of estrangement that each sphere applies to me a different and opposite yardstick — ethics one and political economy another; for each is a specific estrangement of man and focuses attention on a particular field of estranged essential activity, and each stands in an estranged relation to the other.
Marx, Human Needs & the division of Labour (1844)
Political Economy regards the proletarian … like a horse, he must receive enough to enable him to work. It does not consider him, during the time when he is not working, as a human being. It leaves this to criminal law, doctors, religion, statistical tables, politics, and the beadle.
Marx, Wages of Labour (1844)
But also when I am active scientifically, etc. – an activity which I can seldom perform in direct community with others – then my activity is social, because I perform it as a man. Not only is the material of my activity given to me as a social product (as is even the language in which the thinker is active): my own existence is social activity, and therefore that which I make of myself, I make of myself for society and with the consciousness of myself as a social being.
Private Property and Communism (1844)
Natural science has invaded and transformed human life all the more practically through the medium of industry; and has prepared human emancipation, although its immediate effect had to be the furthering of the dehumanisation of man. Industry is the actual, historical relationship of nature, ….
Marx, Private Property and Communism (1844)
In general it is always empirical businessmen we are talking about when we refer to political economists, (who represent) their scientific creed and form of existence.
Marx, Human Requirements and Division of Labour (1844)
Under private property … Each tries to establish over the other an alien power, so as thereby to find satisfaction of his own selfish need. The increase in the quantity of objects is therefore accompanied by an extension of the realm of the alien powers to which man is subjected, and every new product represents a new potentiality of mutual swindling and mutual plundering.
Marx, Human Requirements and Division of Labour (1844)
Man is directly a natural being. As a natural being and as a living natural being he is on the one hand endowed with natural powers, vital powers — he is an active natural being. These forces exist in him as tendencies and abilities — as instincts. On the other hand, as a natural, corporeal, sensuous objective being he is a suffering, conditioned and limited creature, like animals and plants. … A being which does not have its nature outside itself is not a natural being, and plays no part in the system of nature. A being which has no object outside itself is not an objective being.
Marx, Critique of Hegel’s Philosophy in General (1844)
A few days in my old man’s factory have sufficed to bring me face to face with this beastliness, which I had rather overlooked. …, it is impossible to carry on communist propaganda on a large scale and at the same time engage in huckstering and industry.
Engels, Letter to Marx. January 20 1845)
Communism is for us not a state of affairs which is to be established, an ideal to which reality [will] have to adjust itself. We call communism the real movement which abolishes the present state of things. The conditions of this movement result from the premises now in existence.
Marx, German Ideology (1845)
In communist society, where nobody has one exclusive sphere of activity but each can become accomplished in any branch he wishes, society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticise after dinner, just as I have a mind, without ever becoming hunter, fisherman, herdsman or critic.
Marx, German Ideology (1845)
The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class which has the means of material production at its disposal, has control at the same time over the means of mental production, so that thereby, generally speaking, the ideas of those who lack the means of mental production are subject to it. The ruling ideas are nothing more than the ideal expression of the dominant material relationships, the dominant material relationships grasped as ideas.
Marx, German Ideology (1845)
For each new class which puts itself in the place of one ruling before it, is compelled, merely in order to carry through its aim, to represent its interest as the common interest of all the members of society, that is, expressed in ideal form: it has to give its ideas the form of universality, and represent them as the only rational, universally valid ones.
Marx, German Ideology (1845)
The first premise of all human history is, of course, the existence of living human individuals. Thus the first fact to be established is the physical organisation of these individuals and their consequent relation to the rest of nature….Men can be distinguished from animals by consciousness, by religion or anything else you like. They themselves begin to distinguish themselves from animals as soon as they begin to produce their means of subsistence, a step which is conditioned by their physical organisation. By producing their means of subsistence men are indirectly producing their actual material life
Marx, German Ideology (1845)
The philosophers have only interpreted the world, in various ways; the point is to change it.
Marx, Theses On Feuerbach: Thesis 11 (1845)
46)
The hand-mill gives you society with the feudal lord; the steam-mill society with the industrial capitalist.
Marx, Poverty of Philosophy (1847)
Machines were, it may be said, the weapon employed by the capitalist to quell the revolt of specialized labor.
Marx, Poverty of Philosophy (1847)
The slave frees himself when, of all the relations of private property, he abolishes only the relation of slavery and thereby becomes a proletarian; the proletarian can free himself only by abolishing private property in general.
Engels, Principles of Communism (1847)
What is Communism? Communism is the doctrine of the conditions of the liberation of the proletariat. What is the proletariat? The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor….
Engels, Principles of Communism (1847)
A nation cannot become free and at the same time continue to oppress other nations. The liberation of Germany cannot therefore take place without the liberation of Poland from German oppression.
Engels, Speech on Poland (1847)
And this life activity [the worker] sells to another person in order to secure the necessary means of life. … He works that he may keep alive. He does not count the labor itself as a part of his life; it is rather a sacrifice of his life. It is a commodity that he has auctioned off to another.
Marx, Wage Labour and Capital (1847)
What is a Negro slave? A man of the black race. … A Negro is a Negro. Only under certain conditions does he become a slave. A cotton-spinning machine is a machine for spinning cotton. Only under certain conditions does it become capital. Torn away from these conditions, it is as little capital as gold is itself money, or sugar is the price of sugar
Marx, Wage Labour and Capital (1847)
A house may be large or small; as long as the neighboring houses are likewise small, it satisfies all social requirement for a residence. But let there arise next to the little house a palace, and the little house shrinks to a hut. The little house now makes it clear that its inmate has no social position at all to maintain.
Marx, Wage Labour and Capital (1847)
What is free trade, what is free trade under the present condition of society? It is freedom of capital. When you have overthrown the few national barriers which still restrict the progress of capital, you will merely have given it complete freedom of action. …
But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.
Marx & Engels, On Free Trade (1848)
A spectre is haunting Europe – the spectre of communism.
Marx & Engels, Communist Manifesto (1848)
All fixed, fast frozen relations, with their train of ancient and venerable prejudices and opinions, are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned …
Marx & Engels, Communist Manifesto (1848)
In bourgeois society, therefore, the past dominates the present; in Communist society, the present dominates the past. In bourgeois society capital is independent and has individuality, while the living person is dependent and has no individuality.
Marx & Engels, Communist Manifesto (1848)
In place of the old bourgeois society, with its classes and class antagonisms, we shall have an association in which the free development of each is the condition for the free development of all.
Marx & Engels, Communist Manifesto (1848)
The Communists disdain to conceal their views and aims. They openly declare that their ends can be attained only by the forcible overthrow of all existing social conditions.
Let the ruling classes tremble at a communist revolution.
The proletarians have nothing to lose but their chains. They have a world to win.
Working Men of All Countries, Unite!Marx & Engels, Communist Manifesto (1848)
We have no compassion and we ask no compassion from you. When our turn comes, we shall not make excuses for the terror. But the royal terrorists, the terrorists by the grace of God and the law, are in practice brutal, disdainful, and mean, in theory cowardly, secretive, and deceitful, and in both respects disreputable..
Marx, Editorial in Final edition of Neue Rheinische Zeitung (1849)
It will be the workers, with their courage, resolution and self-sacrifice, who will be chiefly responsible for achieving victory. The petty bourgeoisie will hesitate as long as possible and remain fearful, irresolute and inactive; but when victory is certain it will claim it for itself and will call upon the workers to behave in an orderly fashion, and it will exclude the proletariat from the fruits of victory. … the rule of the bourgeois democrats, from the very first, will carry within it the seeds of its own destruction, and its subsequent displacement by the proletariat will be made considerably easier..
Marx, Address of the Central Committee to the Communist League (1850)
The worst thing that can befall a leader of an extreme party is to be compelled to take over a government in an epoch when the movement is not yet ripe for the domination of the class which he represents and for the realisation of the measures which that domination would imply …
Engels, The Peasant War in Germany (1850)
The democratic petty bourgeois, far from wanting to transform the whole society in the interests of the revolutionary proletarians, only aspire to make the existing society as tolerable for themselves as possible. … The rule of capital is to be further counteracted, partly by a curtailment of the right of inheritance, and partly by the transference of as much employment as possible to the state. As far as the workers are concerned one thing, above all, is definite: they are to remain wage labourers as before. However, the democratic petty bourgeois want better wages and security for the workers; in short, they hope to bribe the workers …
Marx & Engels, Address to the Central Committee of the Communist League (1850)
Men make their own history, but they do not make it as they please; they do not make it under self-selected circumstances, but under circumstances existing already, given and transmitted from the past.
The tradition of all dead generations weighs like an nightmare on the brains of the living.Marx, Eighteenth Brumaire of Louis Bonaparte (1852)
History is the judge — its executioner, the proletarian.
Marx, Speech at Anniversary of The People’s Paper (1856)
The Afghans are a brave, hardy, and independent race; they follow pastoral or agricultural occupations only … With them, war is an excitement and relief from the monotonous occupation of industrial pursuits.
Engels, On Afghanistan (1857)
The human being is in the most literal sense a political animal not merely a gregarious animal, but an animal which can individuate itself only in the midst of society. Production by an isolated individual outside society … is as much of an absurdity as is the development of language without individuals living together and talking to each other.
Marx, The Grundrisse (1857)
It seems to be correct to begin with the real and the concrete, with the real precondition, thus to begin, in economics, with e.g. the population, which is the foundation and the subject of the entire social act of production. However, on closer examination this proves false. The population is an abstraction if I leave out, for example, the classes of which it is composed. … if I were to begin with the population, this would be a chaotic conception of the whole, and I would then, by means of further determination, move analytically towards ever more simple concepts, from the imagined concrete towards ever thinner abstractions until I had arrived at the simplest determinations. From there the journey would have to be retraced until I had finally arrived at the population again, but this time not as the chaotic conception of a whole, but as a rich totality of many determinations and relations.
Marx, The Grundrisse (1857)
Society does not consist of individuals, but expresses the sum of interrelations, the relations within which these individuals stand.
Marx, The Grundrisse (1857)
Capital and labour relate to each other here like money and commodity; the former is the general form of wealth, the other only the substance destined for immediate consumption. Capital’s ceaseless striving towards the general form of wealth drives labour beyond the limits of its natural paltriness, and thus creates the material elements for the development of the rich individuality which is as all-sided in its production as in its consumption, and whose labour also therefore appears no longer as labour, but as the full development of activity itself, in which natural necessity in its direct form has disappeared; because natural need has been replaced by historically produced need. This is why capital is productive; i.e. an essential relation for the development of the social productive forces. It ceases to exist as such only where the development of these productive forces themselves encounters its barrier in capital itself.
Marx, 1The Grundrisse (1857)
The pay of the common soldier is also reduced to a minimum — determined purely by the production costs necessary to procure him. But he exchanges the performance of his services not for capital, but for the revenue of the state.
In bourgeois society itself, all exchange of personal services for revenue — including labour for personal consumption, cooking, sewing etc., garden work etc., up to and including all of the unproductive classes, civil servants, physicians, lawyers, scholars etc. — belongs under this rubric, within this category. All menial servants etc. By means of their services — often coerced — all these workers, from the least to the highest, obtain for themselves a share of the surplus product, of the capitalist’s revenue.
But it does not occur to anyone to think that by means of the exchange of his revenue for such services, i.e. through private consumption, the capitalist posits himself as capitalist. Rather, he thereby spends the fruits of his capital. It does not change the nature of the relation that the proportions in which revenue is exchanged for this kind of living labour are themselves determined by the general laws of production.Marx, The Grundrisse (1857)
For example, when the peasant takes a wandering tailor, of the kind that existed in times past, into his house, and gives him the material to make clothes with. … The man who takes the cloth I supplied to him and makes me an article of clothing out of it gives me a use value. But instead of giving it directly in objective form, he gives it in the form of activity. I give him a completed use value; he completes another for me. The difference between previous, objectified labour and living, present labour here appears as a merely formal difference between the different tenses of labour, at one time in the perfect and at another in the present.
Marx, The Grundrisse (1857)
The separation of public works from the state, and their migration into the domain of the works undertaken by capital itself, indicates the degree to which the real community has constituted itself in the form of capital.
Marx, The Grundrisse (1857)
In the social production of their existence, men inevitably enter into definite relations, which are independent of their will, namely relations of production appropriate to a given stage in the development of their material forces of production. The totality of these relations of production constitutes the economic structure of society, the real foundation, on which arises a legal and political superstructure and to which correspond definite forms of social consciousness.
Marx, Preface to the Critique of Political Economy (1859)
The mode of production of material life conditions the social, political and intellectual life process in general. It is not the consciousness of men that determines their being, but, on the contrary, their social being that determines their consciousness.
Marx, Preface to the Critique of Political Economy (1859)
No social order is ever destroyed before all the productive forces for which it is sufficient have been developed, and new superior relations of production never replace older ones before the material conditions for their existence have matured within the framework of the old society. Mankind thus inevitably sets itself only such tasks as it is able to solve, since closer examination will always show that the problem itself arises only when the material conditions for its solution are already present or at least in the course of formation.
Marx, Preface to the Critique of Political Economy (1859)
A philosopher produces ideas, a poet poems, a clergyman sermons, a professor compendia and so on. A criminal produces crimes. If we take a closer look at the connection between this latter branch of production and society as a whole, we shall rid ourselves of many prejudices. The criminal produces not only crimes but also criminal law, and with this also the professor who gives lectures on criminal law and in addition to this the inevitable compendium in which this same professor throws his lectures onto the general market as “commodities”.
Marx, Theories of Surplus Value (1861)
All economists share the error of examining surplus-value not as such, in its pure form, but in the particular forms of profit and rent.
Marx, Theories of Surplus Value (1863)
The wealth of those societies in which the capitalist mode of production prevails, presents itself as “an immense accumulation of commodities,” its unit being a single commodity. Our investigation must therefore begin with the analysis of a commodity.
Marx, Capital, Volume I, Chapter One (1867)
The different proportions in which different sorts of labour are reduced to unskilled labour as their standard, are established by a social process that goes on behind the backs of the producers, and, consequently, appear to be fixed by custom.
Marx, Capital, Volume I, Chapter One (1867)
Labour is … not the only source of material wealth, ie of the use-values it produces. As William Petty says, labour is the father of material wealth, the earth is its mother.
Marx, Capital, Volume I, Chapter One (1867)
The secret of the expression of value, namely, that all kinds of labour are equal and equivalent, because, and so far as they are human labour in general, cannot be deciphered, until the notion of human equality has already acquired the fixity of a popular prejudice. This, however, is possible only in a society in which the great mass of the produce of labour takes the form of commodities, in which, consequently, the dominant relation between man and man, is that of owners of commodities.
Marx, Capital, Volume I, Chapter One (1867)
A commodity appears, at first sight, a very trivial thing, and easily understood. Its analysis shows that it is, in reality, a very queer thing, abounding in metaphysical subtleties and theological niceties.
Marx, Capital, Volume I, Chapter One (1867)
the existence of the things qua commodities, and the value-relation between the products of labour which stamps them as commodities, have absolutely no connection with their physical properties and with the material relations arising therefrom. There it is a definite social relation between men, that assumes, in their eyes, the fantastic form of a relation between things. … This I call the Fetishism … of commodities.
Marx, Capital, Volume I, Chapter One (1867)
While the miser is merely a capitalist gone mad, the capitalist is a rational miser.
Marx, Capital, Volume I, Chapter 4 (1867)
Capital is money: Capital is commodities. … Because it is value, it has acquired the occult quality of being able to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.
Marx, Capital, Volume I, Chapter 4 (1867)
Labour is, in the first place, a process in which both man and Nature participate, and in which man of his own accord starts, regulates, and controls the material re-actions between himself and Nature. He opposes himself to Nature as one of her own forces, ….
Marx, Capital, Volume I, Chapter 7 (1867)
As capitalist, he is only capital personified. His soul is the soul of capital. But capital has one single life impulse, the tendency to create value and surplus-value, to make its constant factor, the means of production, absorb the greatest possible amount of surplus-labour. Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks.
Marx, Capital, Volume I, Chapter 10 (1867)
Capital is dead labour, that, vampire-like, only lives by sucking living labour, and lives the more, the more labour it sucks. The time during which the labourer works, is the time during which the capitalist consumes the labour-power he has purchased of him.
Marx, Capital, Volume I, Chapter 10 (1867)
In the United States of North America, every independent movement of the workers was paralysed so long as slavery disfigured a part of the Republic. Labour cannot emancipate itself in the white skin where in the black it is branded.
Marx, Capital, Volume I, Chapter 10 (1867)
In every stockjobbing swindle every one knows that some time or other the crash must come, but every one hopes that it may fall on the head of his neighbour, after he himself has caught the shower of gold and placed it in safety. Après moi le déluge! is the watchword of every capitalist and of every capitalist nation. Hence Capital is reckless of the health or length of life of the labourer, unless under compulsion from society. [Marx, Capital, Volume I, Chapter 10 (1867)
machinery has greatly increased the number of well-to-do idlers.
Marx, Capital, Volume I, Chapter 15 (1867)
Capitalist production, therefore, develops technology, and the combining together of various processes into a social whole, only by sapping the original sources of all wealth-the soil and the labourer.
Marx, Capital, Volume I, Chapter 15 (1867)
a schoolmaster is a productive labourer when, in addition to belabouring the heads of his scholars, he works like a horse to enrich the school proprietor. That the latter has laid out his capital in a teaching factory, instead of in a sausage factory, does not alter the relation.
Marx, Capital, Volume I, Chapter 16 (1867)
On the level plain, simple mounds look like hills; and the imbecile flatness of the present bourgeoisie is to be measured by the altitude of its great intellects..
Marx, Capital, Volume I, Chapter 16 (1867)
That which comes directly face to face with the possessor of money on the market, is in fact not labour, but the labourer. What the latter sells is his labour-power. As soon as his labour actually begins, it has already ceased to belong to him; it can therefore no longer be sold by him. Labour is the substance, and the immanent measure of value, but has itself no value. … That in their appearance things often represent themselves in inverted form is pretty well known in every science except Political Economy
Marx, Capital, Volume I, Chapter 19 (1867)
A rise in the price of labour, as a consequence of accumulation of capital, only means, in fact, that the length and weight of the golden chain the wage-worker has already forged for himself, allow of a relaxation of the tension of it.
Marx, Capital, Volume I, Chapter 25 (1867)
April 20, 2020 at 4:38 PM #816697FlyerInHiGuestThe quotes are all beautiful.
You must read a lot and read very fast. And have an amazing memory. I am jealous.April 20, 2020 at 4:46 PM #816698barnaby33ParticipantMan you can cut and paste like a motherfucker!
I believe Marx actually said that!
JoshApril 20, 2020 at 6:19 PM #816702scaredyclassicParticipant[quote=barnaby33]
Man you can cut and paste like a motherfucker!
I believe Marx actually said that!
Josh[/quote]I enjoyed reading them.
April 20, 2020 at 6:22 PM #816703scaredyclassicParticipantI was surprised by the vitriol for Ur capitalist adam Smith toward landlords.
Hed prolly fot banned from piggington 4 this trolling:
– ch 11, wealth of nations.
“[Landlords] are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind”
April 20, 2020 at 6:25 PM #816704scaredyclassicParticipantThe Afghans are a brave, hardy, and independent race; they follow pastoral or agricultural occupations only … With them, war is an excitement and relief from the monotonous occupation of industrial pursuits.
.
Engels, On Afghanistan (1857)Killing euro doofuses like us for centuries! Plus they’re making bank on the war. I read that we have spent the same $ amt adjusted for inflation as we did rebuilding europe after weik. Which if true is amazing.
Those Krafty afghans!
April 20, 2020 at 6:28 PM #816705scaredyclassicParticipantKind of hard to spend $ on anything but groceries nowadays.
Over the last month, I bought a hiking umbrella. Some spf gloves. A pair of hemp pants with an old j crew gift card lying around. Some books on amazon. All in, less than 200.
This is not good for the economy.
April 20, 2020 at 7:57 PM #816713svelteParticipantIt would have been easier for me if you’d asked about my favorite Marx Brothers quote.
April 20, 2020 at 7:58 PM #816714FlyerInHiGuest[quote=scaredyclassic]I was surprised by the vitriol for Ur capitalist adam Smith toward landlords.
Hed prolly fot banned from piggington 4 this trolling:
– ch 11, wealth of nations.
“[Landlords] are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind”[/quote]
I think Adam Smith meant that for the aristocracy that owned the land.
European estates and palaces were products of war loot. In fact, nobleman and generals who won wars were entitled to some treasure.April 20, 2020 at 8:01 PM #816716svelteParticipant[quote=scaredyclassic]Kind of hard to spend $ on anything but groceries nowadays.
Over the last month, I bought a hiking umbrella. Some spf gloves. A pair of hemp pants with an old j crew gift card lying around. Some books on amazon. All in, less than 200.
This is not good for the economy.[/quote]
I’m not sure our spending has subsided much on stuff like that, but our entertainment fund is barely getting touched.
We used to spend $150-200 every Fri and Sat night. Now it ‘s about $100 on Fri (we order delivery for the whole family) and just a bottle of wine at home on Sat.
And from the delivery times, EVERYONE is ordering delivery on Fridays! Delivery time is now about 2 hours on Fridays!
April 20, 2020 at 8:03 PM #816718scaredyclassicParticipant[quote=FlyerInHi][quote=scaredyclassic]I was surprised by the vitriol for Ur capitalist adam Smith toward landlords.
Hed prolly fot banned from piggington 4 this trolling:
– ch 11, wealth of nations.
“[Landlords] are the only one of the three orders whose revenue costs them neither labour nor care, but comes to them, as it were, of its own accord, and independent of any plan or project of their own. That indolence, which is the natural effect of the ease and security of their situation, renders them too often, not only ignorant, but incapable of that application of mind”[/quote]
I think Adam Smith meant that for the aristocracy that owned the land.
European estates and palaces were products of war loot. In fact, nobleman and generals who won wars were entitled to some treasure.[/quote]Ah right. Yeah. Still, one can imagine the parasite label perhaps being applied to some slumlords who dont improve things
April 20, 2020 at 8:04 PM #816719scaredyclassicParticipant[quote=svelte][quote=scaredyclassic]Kind of hard to spend $ on anything but groceries nowadays.
Over the last month, I bought a hiking umbrella. Some spf gloves. A pair of hemp pants with an old j crew gift card lying around. Some books on amazon. All in, less than 200.
This is not good for the economy.[/quote]
I’m not sure our spending has subsided much on stuff like that, but our entertainment fund is barely getting touched.
We used to spend $150-200 every Fri and Sat night. Now it ‘s about $100 on Fri (we order delivery for the whole family) and just a bottle of wine at home on Sat.
And from the delivery times, EVERYONE is ordering delivery on Fridays! Delivery time is now about 2 hours on Fridays![/quote]
I’m not a big spender but it’s hard to spend $ when you’re not out and about
That j crew gift card was like 2 years old.
April 20, 2020 at 8:40 PM #816722FlyerInHiGuestGood for you scaredy.
What if you and your wife were a couple maxed out on a big mortgage with 2 car payments.
I know real estate investors like that. They bought into the no-recession narrative.
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