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The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.

Will Durant

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Will Durant
Age: 96 †
Born: 1885
Born: November 5
Died: 1981
Died: November 7
Historian
Philosopher
Writer
North Adams
Massachusetts
William James Will Durant
William James Durant
History
Economy
Concentration
Economic
Factors
Recurs
Politics
Rate
Varies
Law
Result
Permitted
Moral
Laws
Regularly
Ability
Equal
Vary
Freedom
Wealth
Morals
Natural
Results
Liberalism

More quotes by Will Durant

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So the story of man runs in a dreary circle, because he is not yet master of the earth that holds him.
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It is true that even across the Himalayan barrier India has sent to the west, such gifts as grammar and logic, philosophy and fables, hypnotism and chess, and above all numerals and the decimal system.
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The most interesting thing in the world is another human being who wonders, suffers and raises the questions that have bothered him to the last day of his life, knowing he will never get the answers.
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Can a civilization hold together if man abandons his faith in God?
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Philosophy begins when one learns to doubt -- particularly to doubt one's cherished beliefs, one's dogmas and one's axioms.
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Those who have suffered much become very bitter or very gentle.
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If our economy of freedom fails to distribute wealth as ably as it has created it, the road to dictatorship will be open to any man who can persuasively promise security to all.
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To speak ill of others is a dishonest way of praising ourselves let us be above such transparent egotism. If you can't say good and encouraging things, say nothing. Nothing is often a good thing to do, and always a clever thing to say.
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Read, think well of mankind, go to our libraries and rejoice.
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There is no real philosophy until the mind turns around and examines itself.
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In the last analysis civilization is based upon the food supply.
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The South creates the civilizations, the North conquers them, ruins them, borrows from them, spreads them: this is one summary of history.
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Nature has never read the Declaration of Independence. It continues to make us unequal.
Will Durant
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If man asks for many laws it is only because he is sure that his neighbor needs them privately he is an unphilosophical anarchist, and thinks laws in his own case superfluous.
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The greatest question of our time is not communism vs. individualism, not Europe vs. America, not even the East vs. the West it is whether men can bear to live without God.
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The victors called the revolution a triumph of liberty but now and then liberty in the slogans of the strong means freedom from restraint in the exploitation of the weak.
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Christianity did not destroy paganism it adopted it.
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We have conferred a mystic popularity upon officials whose only virtue is their timidity while our scorn of rebels and reformers is so great that we have ceased to persecute them. The capitals and governments of the world are in the hands of caution and change comes over them only in the night, unseen.
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The individual succumbs, but he does not die if he has left something to mankind.
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The ego is willing but the machine cannot go on. It's the last thing a man will admit, that his mind ages.
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