Quote

It is as to whether its services or uses are to be exchanged or not which makes a tool an article of capital or merely an article of wealth. Thus, the lathe of a manufacturer used in making things which are to be exchanged is capital, while the lathe kept by a gentleman for his own amusement is not.

Henry George

Change background

T
T
T

Change font

TAGS & TOPICS

Henry George
Age: 58 †
Born: 1839
Born: September 2
Died: 1897
Died: October 29
Economist
Editor
Journalist
Philosopher
Politician
Writer
Philadelphia
Pennsylvania
Use
Gentleman
Exchanged
Makes
Kept
Article
Used
Thus
Amusement
Things
Tools
Articles
Merely
Services
Wealth
Uses
Whether
Tool
Lathe
Making
Capital
Manufacturer

More quotes by Henry George

Image
one sex of voice in public matters, and that we could in no way so increase the attention , the intelligence and the devotion which may be brought to the solution of social problems as by enfranchising our women .
Henry George
Image
The ideal social state is not that in which each gets an equal amount of wealth, but in which each gets in proportion to his contribution to the general stock.
Henry George
Image
Abolish all taxation save that upon land values.
Henry George
Image
It is not the business of government to make men virtuous or religious, or to preserve the fool from the consequences of his own folly.
Henry George
Image
The tolerance of wrong dulls our sense of its injustice. Men may become accustomed to theft, murder, even to slavery - that sum of all villainies - so they see no injustice in it, yet that which is unjust is unjust still.
Henry George
Image
The fundamental principle of human action, the law, that is to political economy what the law of gravitation is to physics is that men seek to gratify their desires with the least exertion
Henry George
Image
How vainly shall we endeavor to repress crime by our barbarous punishment of the poorer class of criminals so long as children are reared in the brutalizing influences of poverty, so long as the bite of want drives men to crime.
Henry George
Image
Man must be doing something, or fancy that he is doing something, for in him throbs the creative impulse the mere basker in the sunshine is not a natural, but an abnormal man.
Henry George
Image
Property in land is as indefensible as property in man.
Henry George
Image
The value of a thing is the amount of laboring or work that its possession will save the possessor.
Henry George
Image
What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.
Henry George
Image
That which is unjust can really profit no one that which is just can really harm no one.
Henry George
Image
Man is the only animal whose desires increase as they are fed the only animal that is never satisfied.
Henry George
Image
Let no man imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power.
Henry George
Image
Social progress makes the well-being of all more and more the business of each.
Henry George
Image
Charity is false, futile, and poisonous when offered as a substitute for justice.
Henry George
Image
Private ownership of land is the nether mill-stone. Material progress is the upper mill-stone. Between them, with an increasing pressure, the working classes are being ground.
Henry George
Image
As it becomes more and more difficult to get land, so will the virtual enslavement of the laboring-classe s go on. As the value of land rises, more and more of the earnings of labor will be demanded for the use of land, until finally nothing is left to laborers but the wages of slavery -- a bare living.
Henry George
Image
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.
Henry George
Image
There is danger in reckless change, but greater danger in blind conservatism.
Henry George