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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
Capital
Lack
Development
Great
Lain
Hindrance
Continent
Continents
More quotes by William Graham Sumner
History is only a tiresome repetition of one story. Persons and classes have sought to win possession of the power of the State in order to live luxuriously out of the earnings of others
William Graham Sumner
Here we are, then, once more back at the old doctrine - Laissez faire. Let us translate it into blunt English, and it will read, Mind your own business. It is nothing but the doctrine of liberty. Let every man be happy in his own way.
William Graham Sumner
It is the greatest folly of which a man can be capable to sit down with a slate and pencil to plan out a new social world.
William Graham Sumner
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.
William Graham Sumner
Furthermore, the unearned increment from land appears in the United States as a gain to the first comers, who have here laid the foundations of a new State.
William Graham Sumner
There is no boon in nature. All the blessings we enjoy are the fruits of labor, toil, self-denial, and study.
William Graham Sumner
In England pensions used to be given to aristocrats, because aristocrats had political influence, in order to corrupt them. Here pensions are given to the great democratic mass, because they have political power, to corrupt them.
William Graham Sumner
Any one who believes that any great enterprise of an industrial character can be started without labor must have little experience of life.
William Graham Sumner
If you want war, nourish a doctrine. Doctrines are the most frightful tyrants to which men ever are subject.
William Graham Sumner
The men who start out with the notion that the world owes them a living generally find that the world pays its 'debt' in the penitentiary or the poor house.
William Graham Sumner
If you want a war, nourish a doctrine. Doctrines are the most frightful tyrants to which men are ever subject, because doctrines get inside a man's reason and betray him against himself. Civilized men have done their fiercest fighting for doctrines.
William Graham Sumner
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.
William Graham Sumner
Nine-tenths of our measures for preventing vice are really protective towards it, because they ward off the penalty.
William Graham Sumner
What is the real relation between happiness and goodness? It is only within a few generations that men have found courage to say that there is none.
William Graham Sumner
There is no device whatever to be invented for securing happiness without industry, economy, and virtue.
William Graham Sumner
The aggregation of large fortunes is not at all a thing to be regretted.
William Graham Sumner
The class distinctions simply result from the different degrees of success with which men have availed themselves of the chances which were presented to them. Instead of endeavoring to redistribute the acquisitions which have been made between the existing classes, our aim should be to increase, multiply, and extend the chances.
William Graham Sumner
I never have known a man of ordinary common-sense who did not urge upon his sons, from earliest childhood, doctrines of economy and the practice of accumulation.
William Graham Sumner
Great captains of industry are as rare as great generals
William Graham Sumner
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.
William Graham Sumner