Wage Gap Quotes

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Samuel Langhorne Clemens, 1835-1910. This is an excellent example of political sarcasm. Read literally, this quotation indicates that he was opposed to women’s suffrage, and was a fairly extreme sexist. What he was doing however, is stating publicly the argument that many men made at the time—especially those who were not highly literate or well-educated. By stating the argument of the opposition, he allows fair minded people to be exposed to views that they might otherwise not be exposed to. Many sexist men at the time read the quotation and, not appreciating Twain’s sarcasm, concluded that Twain, unlike most of the “egghead intellectuals” of the day was an opponent of the increasingly militant feminists. In actuality, Mark Twain was a strong feminist. See {630191}, {630192}, & {630193}.


By producing growth and an increasing standard of living and universal education, capitalism’s citizens have the time, education, and resources to protest and produce social unrest. However, that assumes that there is also a democratic state. For Schumpeter and many others, capitalism and democracy go hand in hand, but many point to historical examples of one developing faster than the other.


This was an honest theoretical belief of Mises. However, most of the criticism of capitalism in the industrial democracies is precisely the lack of unemployment and sustenance for all. When it does, even complaints about inequality tend to be minimal. But some capitalist societies never provided these, and by the 21st century, no capitalist nation was able to do so permanently without recessions and depressions.