There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America.
More Quotes from 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
He who would be well taken care of must take care of himself.
William Graham Sumner
Men never cling to their dreams with such tenacity as at the moment when they are losing faith in them, and know it, but do not dare yet to confess it to themselves.
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
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
It is the tendency of the social burdens to crush out the middle class, and to force society into an organization of only two classes, one at each social extreme.
William Graham Sumner
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