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Accumulation Quote by Benjamin Franklin

“[T]he more public provisions were made for the poor, the less they provided for themselves, and of course became poorer . . . [taking] away from before their eyes the greatest of all inducements to industry, frugality, and sobriety, by giving them a dependence of somewhat else than a careful…” quote by Benjamin Franklin
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“[T]he more public provisions were made for the poor, the less they provided for themselves, and of course became poorer . . . [taking] away from before their eyes the greatest of all inducements to industry, frugality, and sobriety, by giving them a dependence of somewhat else than a careful accumulation during youth and health for support in age and sickness.”

Benjamin Franklin

About This Quote

Source Speech: Poor Richard's Almanack, 1758

Public aid can reduce self‑reliance, leading to greater poverty and loss of industrious virtues.

In simple terms: Too much help can make people dependent.

Key Takeaway

Balance assistance with encouragement of personal effort.

Themes

poverty self‑reliance government policy industriousness

Mood

cautious reflective

Type

analytical policy‑oriented

When to use this quote

  • welfare design
  • social safety nets
  • personal finance education
  • community development

Key Concepts

dependence frugality sobriety economic incentives

Questions to Reflect On

  • How can programs promote both support and self‑sufficiency?
  • What incentives encourage frugality?
A Different Perspective

Aid without fostering independence may perpetuate poverty.

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