Income Inequality Quotes

Socialists claim to be in favor of equitable redistribution of income and wealth, but who determines what is equitable and does the actual redistribution?

Indentured servitude is banned, but what about students seeking to sell shares of their future earnings in exchange for money up front to pay for their college tuitions?

Robert B. Reich

This is a nation of inconsistencies. The Puritans fleeing from oppression became oppressors. We fought England for our liberty and put chains on four million of blacks. We wiped out slavery and our tariff laws and national banks began a system of white wage slavery worse than the first. Wall Street owns the country. It is no longer a government of the people, by the people, and for the people, but a government of Wall Street, by Wall Street, and for Wall Street. The great common people of this country are slaves, and monopoly is the master.

The question will arise and arise in your day, though perhaps not fully in mine: Which shall rule — wealth or man? Which shall lead — money or intellect? Who shall fill public stations — educated and patriotic freemen or the feudal serfs of corporate capital?

All told, over the period 1932-1980, nearly half a century, the top federal income tax rate in the United States averaged 81 percent.