Quotes of the day

Carpe Diem’s quotes of the day from Thomas Sowell:

1. Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

2. The more people who are dependent on government handouts, the more votes the left can depend on for an ever-expanding welfare state.

3. The old adage about giving a man a fish versus teaching him how to fish has been updated by a reader: Give a man a fish and he will ask for tartar sauce and French fries! Moreover, some politician who wants his vote will declare all these things to be among his ‘basic rights.’

4. The black family survived centuries of slavery and generations of Jim Crow, but it has disintegrated in the wake of the liberals’ expansion of the welfare state.

5. The people made worse off by slavery were those who were enslaved. Their descendants would have been worse off today if born in Africa instead of America. Put differently, the terrible fate of their ancestors benefitted them.

6. Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Sowell is an economist, his website is here.

 

 

14 Responses to Quotes of the day

  1. Andrei says:

    Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

    What about morality? If all is subservient to the mighty dollar and serves its acquisition then anything goes and those with money to spare have the freedom to do as they please.

    e.g. Sex Tourism for pedofiles is no doubt a lucrative business for those with no conscience.

    All these quotes are superficially true but the last in particular shows their superficiality.

    It takes more than “capitalism” to create a decent and humane society.

    Like

  2. Ray says:

    Slavery had a disastrous impact on African-American families, yet a child born into slavery in 1860 was more likely to be raised by his mother and father in a two-parent household than was an African-American baby born after the election of the USA’s first African-American President.

    Like

  3. homepaddock says:

    Andrei, capitalism and morality aren’t mutually exclusive. Capitalism is an economic system which is imperfect but generally better than the others. I agree it takes far more than that to make a decent society.

    Ray, sad but true. However, I’m sure you don’t think a return to slavery is the answer.

    Like

  4. robertguyton says:

    I agree with Andrei, where he says:
    “What about morality? If all is subservient to the mighty dollar and serves its acquisition then anything goes and those with money to spare have the freedom to do as they please.”
    That’s why I oppose the behaviour of the ‘oil-men’ whose pursuit of their “lucrative business” that has resulted in peril for billions of humans through the climate change that is the result of burning the oil provided by those capitalists.
    Earlier, Andrei lauded their behaviour because “the market” applauded them. Adulation from “the market” might be a good indicator of conscience-free” behaviour – I thank Andrei for the thought.

    Like

  5. Gravedodger says:

    Alas the fish parable updated to 21st century has an almost prescient air to it.
    The question is will those hellbent on removing self reliance and life skills from the populace as a means of political manipulation to gain power, be reversed before social breakdown brings society to its knees.

    Like

  6. Andrei says:

    Capitalism is the best way Robert Guyton – but if there isn’t a higher authority, something to moderate it excesses, then it leads to perdition would be my point.

    “Without the values at the core of Christianity and other world religions, without moral norms that have been shaped over millennia, people will inevitably lose their human dignity.”

    Who said this do you suppose Robert Guyton – do you think he might be right?

    Like

  7. robertguyton says:

    There’s much to be said for such a “higher authority”, Andrei, though it needn’t be from “Christianity and other world religions” any more, now that we are able to view them all objectively, distil the values of them and reject the destructive elements that hamper them all. I think about the “commons” and how social behaviours protected and protect them so well throughout the world. Some have fallen to the blight of private “mine all mine” ownership, but commonly managed and used land and other resources, real and virtual, kept constant by those sometimes un-stated guidelines, is the way for humanity to progress beyond the mire of selfish self-destruction we now are party to. Imho.

    Like

  8. robertguyton says:

    Who said it? Probably Putin, knowing you as I do.

    Like

  9. robertguyton says:

    Andrei – you forgot to call me an idiot! You’re slipping up.

    Like

  10. Andrei says:

    You have just revealed your true ideology Robert Guyton.

    You are a Marxist.

    It’s been tried….

    ….it didn’t work

    Like

  11. robertguyton says:

    Cripes! Busted!
    Oh well, that’s that then. No need for further discussion with a Marxist.
    Been tried…
    …didn’t work.
    What an idiot I was to have lifted the lid on my cover!!!

    Like

  12. JC says:

    “The Commons”.. better known as “The Tragedy Of The Commons”.

    It doesn’t work and is the fastest way to destroy the environment that humans know.

    JC

    Like

  13. robertguyton says:

    “The Commons” is not “better known as “The Tragedy of The Commons”, JC. It is known as “The Commons”. It’s little wonder you and I are unable to discuss issues to any depth.
    Commons “don’t work”, JC. Why not?

    Like

  14. Andrei says:

    “The Commons” is not “better known as “The Tragedy of The Commons”, JC. It is known as “The Commons”.

    Have you ever seen this movie Robert Guyton? If you haven’t you should – then check out the history that inspired it – “The Johnston County war”.

    Like

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