The Overall Effect Of The Rise Of

The Salary Of The Chief Executive Of A Large Corporation Is Not A Market Award For Achievement. It Is Frequently In The Nature Of A Warm Personal Gesture By The Individual To Himself.

The Notion That You Would Initiate A New Product Without Preparing The Way By Persuasion And Advertising And Salesmanship Is Fantastic. It's An Integral Part Of The System.

I Talked About The Consolidation Of Power In The Hands Of The Corporate Bureaucracy, As Distinct From The Stockholders. To This View, I Still Strongly Adhere.

In All Modern Depressions, Recessions, Or Growth-correction, As Variously They Are Called, We Never Miss The Goods That Are Not Produced. We Miss Only The Opportunities For The Labour - For The Jobs - That Are Not Provided.

The Inborn Instability Of Capitalism Has Been Part Of The History Of The System For Several Hundred Years, Including Recurrent Speculative Episodes. There Should Be No Doubt In Anyone's Mind That We're Now Having Another One Of Those Speculative Episodes.