Skip to content

Cost Quote by Andrew Mellon

“Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less…” quote by Andrew Mellon
Download Open image
“Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.”

Andrew Mellon

About This Quote

Source Speech: Economic Commentary, 1930s, United States

Advocates aggressive market restructuring to eliminate perceived inefficiencies and moral decay, believing hardship will inspire virtue and entrepreneurship.

In simple terms: Calls for sweeping economic purges to improve society.

Key Takeaway

Consider the impact of extreme economic policies.

Themes

economics morality social engineering

Mood

critical skeptical

Type

political philosophical

When to use this quote

  • policy reform
  • investment strategies
  • social welfare programs

Key Concepts

capitalism elitism survival of the fittest

Questions to Reflect On

  • Is forced hardship a moral catalyst?
  • What are the risks of eliminating vulnerable groups?
A Different Perspective

Potential human suffering and inequality may increase.

3.9 out of 5 (5 ratings)

More by Andrew Mellon

Explore all 19 Andrew Mellon quotes

More Cost quotes

Browse all 3,987 Cost quotes