The circulating medium being issued only by those who labor, they would suddenly become invested with all the wealth and all the power; and those who did not labor, be they ever so rich now, would as suddenly become poor and powerless.
More Quotes from Josiah Warren:
Those who have heard or read anything from me on the subject, know that one of the principal points insisted on is, the forming of societies or any other artificial combinations IS the first, greatest, and most fatal mistake ever committed by legislators and by reformers.Josiah Warren
An impression has gone abroad that I am engaged in forming societies. This is a very great mistake, which I feel bound to correct.
Josiah Warren
It has now become a very common sentiment, that there is some deep and radical wrong somewhere, and that legislators have proved themselves incapable of discovering, or, of remedying it.
Josiah Warren
It goes to establish a just and permanent principle of trade which puts an end to all serious fluctuations in prices and consequently, to all the insecurity and ruin which these fluctuations produce; and to build up those who are already ruined.
Josiah Warren
Liberty, then, is the sovereignty of the individual, and never shall man know liberty until each and every individual is acknowledged to be the only legitimate sovereign of his or her person, time, and property, each living and acting at his own cost
Josiah Warren
This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render it powerless; and consequently to sweep away all the crushing masses of fraud, iniquity, cruelty, corruption and imposition that are built upon it.
Josiah Warren
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Based on Topics: Labor Quotes, Money & Wealth Quotes, Power QuotesBased on Keywords: circulating
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