The private control of credit is the modern form of slavery.
Interpretation
This quote suggests that the regulation and ownership of money and credit can lead to a loss of freedom for individuals, akin to slavery.
Upton Sinclair's quote points to the idea that when financial systems and the control of credit are in the hands of a few, it can lead to oppression and subjugation of the masses. The ability to access and control credit impacts one's opportunities and autonomy, creating a dependency that can be compared to enslavement. Thus, the quote highlights the importance of equitable financial systems to ensure freedom and independence for all individuals.
In practice
This quote can be used in a discussion about economic inequalities in a seminar.
Human beings suffer agonies, and their sad fates become legends; poets write verses about them and playwrights compose dramas, and the remembrance of past grief becomes a source of present pleasure - such is the strange alchemy of the spirit.
I aimed at the public's heart, and by accident I hit it in the stomach.
And as for other men, who worked in tank-rooms full of steam, and in some of which there were open vats near the level of the floor, their peculiar trouble was that they fell into the vats; and when they were fished out, there was never enough of them left to be worth exhibiting,-sometimes they would be overlooked for days, till all but the bones of them had gone out into the world as Durham's Pure Leaf Lard! This contributed to the passing of the Pure Food Act of 1906.
Fascism is capitalism plus murder.
The old wanderlust had gotten into his blood, the joy of the unbound life, the joy of seeking, of hoping without limit.
One of the necessary accompaniments of capitalism in a democracy is political corruption.
I started in business journalism from the outside, so when I started writing about markets and business, I was struck by the fact that markets seemed to work well even though people are often irrational, lack good information and are not perfect in the way they think about decisions.
It is brought home to you...that it is only because miners sweat their guts out that superior persons can remain superior.
I believe there is complete equality between men and women. And I believe those passages in the New Testament, not by Jesus, but by Paul, that say women should not adorn themselves, they should always wear hats or color their hair in church - things like that - I think they are signs of the times and should not apply to modern-day life.
We have the same soul at 60 that we had at 40, and the same soul at 25 that we had when we were 5.
God is busy with the completion of your work, both outwardly and inwardly. He is fully occupied with you. Every human being is a work in progress that is slowly but inexplicably moving toward perfection. We are each an unfinished work of art both waiting and striving to be completed. God deals with each of us separately because humanity is a fine art of skilled penmanship where every single dot is equally important for the entire picture.
A cloud of incense was rising on high; the people suddenly all bowed low; what could it mean? The truth flashed on him, fearfully yet sweetly; it was the Blessed Sacrament - it was the Lord Incarnate who was on the altar, who had come to visit and bless his people. It was the Great Presence, which makes a Catholic Church different from every other place in the world; which makes it, as no other place can be - holy.
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