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  • I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.

    Speaker: John Maynard Keynes
    Source: Debt: The First 5,000 Years
    Rating:
    1 (1 vote)
    Posted: 10 Nov 2014 at 11:32 AM
    Posted By: Puck
    Comments: None... Be the first to comment!
    Tags: capitalism, investing, wall-street, wealth