Class Quote by Irving Fisher
“Our society will always remain an unstable and explosive compound as long as political power is vested in the masses and economic power in the classes. In the end one of these powers will rule. Either the plutocracy will buy up the democracy, or the democracy will vote away the plutocracy.”
About This Quote
Source Essay: “The Future of Economic Power,” 1925
Power structures shift between masses and elite; balance determines societal stability.
In simple terms: Power swings between people and elites.
Seek balanced power distribution for stability.
Themes
Mood
Type
When to use this quote
- policy making
- social movements
- economic reform
- education campaigns
Key Concepts
Questions to Reflect On
- How can citizens prevent plutocratic takeover?
- What mechanisms ensure democratic resilience?
Power can be concentrated despite reforms.