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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
Argument
Death
Valid
Consumerism
Arguments
Consumption
Favor
Capital
Favors

More quotes by Kenneth E. Boulding

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If the society toward which we are developing is not to be a nightmare of exhaustion, we must use the interlude of the present era to develop a new technology which is based on a circular flow of materials such that the only sources of man's provisions will be his own waste products.
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Economists are like computers. They need to have facts punched into them.
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All knowledge is gained through an orderly loss of information.
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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.
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Equilibrium is a figment of the human imagination.
Kenneth E. Boulding
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Justification, in terms of the broadening of freedom, for any particular form of institution of property must be argued in terms of whether the losses caused by the restrictions imposed are greater or less than the gains derived from the elimination of costly conflict.
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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[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world... Land, labor, and capital are extremely heterogeneous aggregates, not much better than earth, air, fire, and water.
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
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A world of unseen dictatorship is conceivable, still using the forms of democratic government.
Kenneth E. Boulding
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The World is a very complex system. It is easy to have too simple a view of it, and it is easy to do harm and to make things worse under the impulse to do good and make things better.
Kenneth E. Boulding
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The proposition that the meek (that is the adaptable and serviceable), inherit the earth is not merely a wishful sentiment of religion, but an iron law of evolution.
Kenneth E. Boulding
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Mathematics brought rigor to Economics. Unfortunately, it also brought mortis.
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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Communication can only take place among equals.
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 loss-of-strength gradient is] the degree to which military and political power diminishes as we move a unit distance away from its home base.
Kenneth E. Boulding
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With laissez-faire and price atomic, ecology's uneconomic, But with another kind of logic economy's unecologic.
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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[The question for the behavioral disciplines is simply] what is better, and how do we get there?
Kenneth E. Boulding