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Consumption is the death of capital, and the only valid arguments in favor of consumption are arguments in favor of death itself.

Kenneth E. Boulding

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Kenneth E. Boulding
Age: 83 †
Born: 1910
Born: January 18
Died: 1993
Died: March 18
Author
Economist
Philosopher
Poet
University Teacher
City of Liverpool
Kenneth Ewart Boulding
Favor
Capital
Favors
Argument
Valid
Death
Consumerism
Arguments
Consumption

More quotes by Kenneth E. Boulding

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Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment.
Kenneth E. Boulding
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If a totally new image is to come into being however, there must be sensitivity to internal messages, the image itself must be sensitive to change, must be unstable, and it must include a value image which places high value on trials, experiments, and the trying of new things.
Kenneth E. Boulding
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Are we to regard the world of nature simply as a storehouse to be robbed for the immediate benefit of man? ... Does man have any responsibility for the preservation of a decent balance in nature, for the preservation of rare species, or even for the indefinite continuance of his race?
Kenneth E. Boulding
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The right to have children should be a marketable commodity, bought and traded by individuals but absolutely limited by the state.
Kenneth E. Boulding
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Physicists only talk to physicists, economists to economists-worse still, nuclear physicists only talk to nuclear physicists and econometricians to econometricians. One wonders sometimes if science will not grind to a stop in an assemblage of walled-in hermits, each mumbling to himself words in a private language that only he can understand.
Kenneth E. Boulding
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Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist.
Kenneth E. Boulding
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Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding
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Perhaps the most difficult ethical problem of the scientific community arises not so much from conflict with other subcultures as from its own success. Nothing fails like success because we don't learn from it. We learn only from failure.
Kenneth E. Boulding
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Economists and technologists bring the bits, but it requires the social scientists and humanists to bring the wits.
Kenneth E. Boulding
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Knowledge exists in minds, not in books. Before what has been found can be used by practitioners, someone must organize it, integrate it, extract the message.
Kenneth E. Boulding
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The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question that is, at the rate which the entrepreneur could obtain in other investments
Kenneth E. Boulding
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The economy of the future might be called the spaceman economy, in which the earth has become a single spaceship, without unlimited reservoirs of anything.
Kenneth E. Boulding
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The human condition can almost be summed up in the observation that, whereas all experiences are of the past, all decisions are about the future. It is the great task of human knowledge to bridge this gap and to find those patterns in the past which can be projected into the future as realistic images.
Kenneth E. Boulding
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There is a quiet, open place in the depths of the mind, to which we can go many times in the day and lift up our soul in praise, thankfulness and conscious unity. With practise this God-ward turn of the mind becomes an almost constant direction, underlying all our other activities.
Kenneth E. Boulding
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In any evolutionary process, even in the arts, the search for novelty becomes corrupting.
Kenneth E. Boulding
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Know this: though love is weak and hate is strong, Yet hate is short, and love is very long.
Kenneth E. Boulding
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The perception of potential threats to survival may be much more important in determining behavior than the perceptions of potential profits, so that profit maximization is not really the driving force. It is fear of loss rather than hope of gain that limits our behavior.
Kenneth E. Boulding
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The future is bound to surprise us, but we don't have to be dumbfounded.
Kenneth E. Boulding
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In calling society an ecological system we are not merely using an analogy society is an example of the general concept of an ecosystem that is, an ecological system of which biological systems - forests, fields, swamps - are other examples.
Kenneth E. Boulding
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One advantage of exhibiting a hierarchy of systems in this way is that it gives us some idea of the present gaps in both theoretical and empirical knowledge. Adequate theoretical models extend up to about the fourth level, and not much beyond. Empirical knowledge is deficient at practically all levels.
Kenneth E. Boulding