The aggregation of large fortunes is not at all a thing to be regretted.
More Quotes from William Graham Sumner:
I never have known a man of ordinary common-sense who did not urge upon his sons, from earliest childhood, doctrines of economy and the practice of accumulation.William Graham Sumner
It is a beneficent incident of the ownership of land that a pioneer who reduces it to use, and helps to lay the foundations of a new State, finds a profit in the increasing value of land as the new State grows up.
William Graham Sumner
The forgotten man... He works, he votes, generally he prays, but his chief business in life is to pay.
William Graham Sumner
In the New Testament it is taught that willing and voluntary service to others is the highest duty and glory in human life.... The men of talent are constantly forced to serve the rest. They make the discoveries and inventions, order the battles, write the books, and produce the works of art. The benefit and enjoyment go to the whole. There are those who joyfully order their own lives so that they may serve the welfare of mankind.
William Graham Sumner
The invectives against capital in the hands of those who have it are double-faced, and when turned about are nothing but demands for capital in the hands of those who have it not, in order that they may do with it just what those who have it now are doing with it.
William Graham Sumner
Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing which can be overturned, is a thing which is becoming more and more indispensable.
William Graham Sumner
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