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The great hindrance to the development of this continent has lain in the lack of capital.

William Graham Sumner

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William Graham Sumner
Age: 69 †
Born: 1840
Born: October 30
Died: 1910
Died: April 12
Anthropologist
Historian
Philosopher
Political Scientist
Sociologist
University Teacher
Paterson
New Jersey
William Graham
William Grayham
Continents
Capital
Lack
Development
Great
Lain
Hindrance
Continent

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The taxing power is especially something after which the reformer's finger always itches.
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The real danger of democracy is, that the classes which have the power under it will assume all the rights and reject all the duties-that is, that they will use the political power to plunder those-who-have.
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If you want war, nourish a doctrine. Doctrines are the most frightful tyrants to which men ever are subject.
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The invectives against capital in the hands of those who have it are double-faced, and when turned about are nothing but demands for capital in the hands of those who have it not, in order that they may do with it just what those who have it now are doing with it.
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The lobby is the army of the plutocracy.
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We throw all our attention on the utterly idle question whether A has done as well as B, when the only question is whether A has done as well as he could.
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Men educated in [the critical habit of thought]are slow to believe. They can hold things as possible or probable in all degrees, without certainty and without pain.
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Undoubtedly there are, in connection with each of these things, cases of fraud, swindling, and other financial crimes that is to say, the greed and selfishness of men are perpetual.
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The truth is that cupidity, selfishness, envy, malice, lust, vindictiveness, are constant vices of human nature.
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Men never cling to their dreams with such tenacity as at the moment when they are losing faith in them, and know it, but do not dare yet to confess it to themselves.
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Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare the great captains of industry are as rare as great generals.
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Darwin was as much of an emancipator as was Lincoln.
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There ought to be no laws to guarantee property against the folly of its possessors.
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It is the tendency of the social burdens to crush out the middle class, and to force society into an organization of only two classes, one at each social extreme.
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All history is only one long story to this effect: men have struggled for power over their fellow-men in order that they might win the joys of earth at the expense of others and might shift the burdens of life from their own shoulders upon those of others.
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I have before me a newspaper slip on which a writer expresses the opinion that no one should be allowed to possess more than one million dollars' worth of property.
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Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society.
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But we have inherited a vast number of social ills which never came from Nature. They are the complicated products of all the tinkering, muddling, and blundering of social doctors in the past.
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If you allow a political catchword to go on and grow, you will awaken some day to find it standing over you, arbiter of your destiny, against which you are powerless.
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