We preach free enterprise capitalism. We believe in it, we…
“We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The quote critiques how capitalism benefits a tiny elite while most people remain wage slaves with little capital or dividend income.
In simple terms: Capitalism favors a few; most are stuck as wage workers.
Recognize and address economic inequality.
Themes
Mood
Type
When to use this quote
- public policy debates
- labor union negotiations
- personal finance education
Key Concepts
Questions to Reflect On
- How can societies restructure wealth distribution?
- What policies could reduce wage dependency?
Limited data on exact source; may be paraphrased.