Ability Quote by Frank Chodorov
“At first it was the incomes of corporations, then of rich citizens, then of well-provided widows and opulent workers, and finally the wealth of housemaids and the tips of waitresses. This is all in line with the ability to pay doctrine. The poor, simply because there are more of them, have more ability to pay than the rich.”
About This Quote
Source Book: The Theory of Money, Frank Chodorov, 1939
More people can pay small amounts, so the poor collectively have greater purchasing power than the rich.
In simple terms: Poor have more collective buying power.
Key Takeaway
Recognize collective economic influence of the masses.
Themes
economics
wealth distribution
paying ability
Mood
critical
thoughtful
Type
philosophical
inspirational
When to use this quote
- policy making
- marketing
- social activism
- financial planning
Key Concepts
political economy
social theory
Questions to Reflect On
- How does collective demand shape markets?
- What policies protect low‑income consumers?
A Different Perspective
Ignores income inequality impacts.
![“[When people] say 'let's do something about it,' they mean 'let's get hold of the political machinery so that we can do something to somebody else.' And that somebody is invariably you.” quote by Frank Chodorov](https://sms4smile.com/quotes/img-quotes/9ed/frank-chodorov-17300_machinery_when-people-say-let-s-do-something-about_430256.jpg)
