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"When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power."

— Louis O. Kelso
louis o. kelso Quotes Liberalism,Private Property,Saving

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Louis O. Kelso
Liberalism
Private Property
Saving
Owners
Reservoirs
Property
Economy
Purchasing Power
Purchasing

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The totalitarian toil-state originates in the propertylessness of the majority.

— Louis O. Kelso

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Work is a means; it is not an end. And for any tasks that can be performed or eliminated by a capital instrument, human labor is not the best means... Furthermore, we have science, engineering and management - the three disciplines - that really plan and control the production of goods and services, trying to eliminate labor. Who the hell is government to come along and try to create labor? The people who are producing wealth are trying to eliminate toil, while the politicians are trying to create it.

— Louis O. Kelso

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