The idea that the profits of capital are really the rewards...

The idea that the profits of capital are really the rewards of a just society for the foresight and thrift of those who sacrificed the immediate pleasures of spending in order that society might have productive capital, had a certain validity in the early days of capitalism, when productive enterprise was frequently initiated through capital saved out of modest incomes.

Reinhold Niebuhr Quote About Order, Ideas, Income: The Idea That The Profits...

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