I am nothing but I must be everything.
Karl MarxRead
Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.
Interpretation
Capital can increase its value and generate more wealth over time.
In this quote, Karl Marx emphasizes the transformative power of capital, suggesting that it is not just a static entity but possesses the capability to generate additional value. He uses metaphors like 'living offspring' and 'golden eggs' to illustrate how capital can lead to further wealth creation through investment and production, highlighting the dynamic nature of economic resources.
In practice
During a business seminar discussing investment strategies, the speaker quoted Marx to emphasize how capital can grow over time.
I am nothing but I must be everything.
Religion is the opiate of the people.
It is absolutely impossible to transcend the laws of nature. What can change in historically different circumstances is only the form in which these laws expose themselves.
Men make their own history, but they do not make it just as they please; they do not make it under circumstances chosen by themselves, but under circumstances directly encountered, given and transmitted from the past. The tradition of all the dead generations weighs like a nightmare on the brain of the living.
To be radical is to grasp things by the root.
Men's ideas are the most direct emanations of their material state.
Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.
It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
You don't drive an economy by consuming - the consumer is not the engine, the consumer is the caboose.
Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.
The public firm can nowhere maintain itself in free competition with the private firm; it is possible today only where it has a monopoly that excludes competition. Even that alone is evidence of its lesser economic productivity.
I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. ... because I believe the big problem is not taxes, the big problem is spending.
Subscribe for the occasional hand-picked quote. No noise.