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  • Nicely Put

    Posted by David Foster on January 22nd, 2012 (All posts by )

    The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within the reach of factory girls in return for steadily decreasing amounts of effort.

    –Joseph Schumpeter, 1942

    Quoted here: the high price economy

     

    One Response to “Nicely Put”

    1. Bill Brandt Says:

      The most profound truths are succinct – and this one is no different.