“
When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
”
”
Napoléon Bonaparte
“
A woman should never, never, never be financially dependent to anyone, especially a man, because the minute you were dependent, you could be abused.
”
”
Sue Grafton (D is for Deadbeat (Kinsey Millhone, #4))
“
Career is different. Career is the stringing together of opportunities and jobs. Mix in public opinion and past regrets. Add a dash of future panic and a whole lot of financial uncertainty. Career is something that fools you into thinking you are in control and then takes pleasure in reminding you that you aren’t. Career is the thing that will not fill you up and never make you truly whole. Depending on your career is like eating cake for breakfast and wondering why you start crying an hour later.
”
”
Amy Poehler (Yes Please)
“
And so “white damsel” as an archetype was one of racial purity, Christian morality, sexual innocence, demureness, and financial dependence on men all rolled into one. A privilege, yes, but a perilous one, for to step off this pedestal meant no longer being regarded as a “woman.
”
”
Ruby Hamad (White Tears/Brown Scars: How White Feminism Betrays Women of Color)
“
The bottom line is that we are all inclined to denial when the truth is too costly—whether emotionally, intellectually, or financially. As Upton Sinclair famously observed: “It is difficult to get a man to understand something, when his salary depends upon his not understanding it!”36
”
”
Naomi Klein (This Changes Everything: Capitalism vs. The Climate)
“
They depend on cheating. Putin and his minions cheat at the financial markets. They cheat at the Olympics. They cheat at their own fake democracy. They cheat other people out of their democracies.
”
”
Rachel Maddow (Blowout)
“
Happiness is a choice. Happiness does not depend on outward conditions but on inward decisions.
”
”
Cameron C. Taylor (Does Your Bag Have Holes?: 24 Truths That Lead to Financial and Spiritual Freedom)
“
You will either find a way, or an excuse. It depends on how badly you want it in life.
”
”
Manoj Arora (From the Rat Race to Financial Freedom)
“
Why ask for your daily bread when you own the bakery?
”
”
Randy Alcorn (Money, Possessions, and Eternity: A Comprehensive Guide to What the Bible Says about Financial Stewardship, Generosity, Materialism, Retirement, Financial Planning, Gambling, Debt, and More)
“
Though debts are condemned in the financial world, the world of friendship and love may perversely depend on well-managed debts.
”
”
Alain de Botton (The Romantic Movement: Sex, Shopping, and the Novel)
“
Social welfare is destroying the soul of America. Social programs are cancers growing within the spirit of the people they were created to serve. Social programs do not make people stronger. They keep people weak, depending on the government to solve their problems.
”
”
Robert T. Kiyosaki (Why "a" Students Work for "c" Students and Why "b" Students Work for the Government: Rich Dad's Guide to Financial Education for Parents)
“
The idea that women should be kept weak, uneducated, and dependent on a man in ancient civilization was somewhat misinterpreted and misused, if they were referring to biblical support. In fact, in Ancient Israel women could own property. The Book of Proverbs describes an ideal woman as a woman who has the means and capacity to make financial and business decisions. It says 'she considers a field and buys it'. (Proverbs 31:16) - Raising A Strong Daughter: What Fathers Should Know by Finlay Gow JD and Kailin Gow MA
”
”
Kailin Gow
“
Whether or not experience inevitably led to expertise, they agreed, depended entirely on the domain in question. Narrow experience made for better chess and poker players and firefighters, but not for better predictors of financial or political trends, or of how employees or patients would perform.
”
”
David Epstein (Range: Why Generalists Triumph in a Specialized World)
“
Our culture sentimentalizes children, and we forget one of the things that we should most remember from that time of our lives: Children know that this world can be hard on them, harder than it is on adults. They are physically weaker than adults, financially dependent, and in times of danger, nothing clarifies our thinking more than an awareness of our extreme vulnerability.
”
”
Dean Koontz (Deeply Odd (Odd Thomas, #6))
“
Writing was the solution to every problem—financial, emotional, intellectual. It had kept me company when I was a lonely child. It gave me an excuse to go places I would otherwise be unlikely to venture. It satisfied the edict my mother had issued many times throughout my life: “You have to make your own living; you never want to be dependent on a man.
”
”
Ariel Levy (The Rules Do Not Apply)
“
Graduate school success depends on qualities that are not measured by the GRE—we all know it. Why aren’t we moving toward a holistic approach to graduate admission? Also, the GRE costs hundreds of dollars! Who has the financial solubility for that? Or for the prep courses, the materials, the tutors? Let me tell you who doesn’t: not-rich people.
”
”
Ali Hazelwood (Love on the Brain)
“
Financial parasites: greedy people who live luxurious life at the expense and hard work of others." ~ Angelica Hopes, an excerpt from the book, Odyssey of a Heart, Home of a Soul
”
”
Angelica Hopes
“
as long as we structure our lives in a way where our happiness is dependent upon something we cannot control, then we will experience pain.
”
”
Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
“
Being satisfied with the little we have; academically, spiritually, financially, ecumenically or otherwise will prevent a lot of problems from coming to us, and our dependence in our abilities and talents will go as far as bringing us satisfaction in life.
”
”
Michael Bassey Johnson (The Infinity Sign)
“
When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
”
”
M.S. King (Planet Rothschild (Volume 1): The Forbidden History of the New World Order (1763-1939))
“
Only the Christian Church can offer any rational objection to a complete confidence in the rich. For she has maintained from the beginning that the danger was not in man's environment, but in man. Further, she has maintained that if we come to talk of a dangerous environment, the most dangerous environment of all is the commodious environment. I know that the most modern manufacture has been really occupied in trying to produce an abnormally large needle. I know that the most recent biologists have been chiefly anxious to discover a very small camel. But if we diminish the camel to his smallest, or open the eye of the needle to its largest — if, in short, we assume the words of Christ to have meant the very least that they could mean, His words must at the very least mean this — that rich men are not very likely to be morally trustworthy. Christianity even when watered down is hot enough to boil all modern society to rags. The mere minimum of the Church would be a deadly ultimatum to the world. For the whole modern world is absolutely based on the assumption, not that the rich are necessary (which is tenable), but that the rich are trustworthy, which (for a Christian) is not tenable. You will hear everlastingly, in all discussions about newspapers, companies, aristocracies, or party politics, this argument that the rich man cannot be bribed. The fact is, of course, that the rich man is bribed; he has been bribed already. That is why he is a rich man. The whole case for Christianity is that a man who is dependent upon the luxuries of this life is a corrupt man, spiritually corrupt, politically corrupt, financially corrupt. There is one thing that Christ and all the Christian saints have said with a sort of savage monotony. They have said simply that to be rich is to be in peculiar danger of moral wreck. It is not demonstrably un-Christian to kill the rich as violators of definable justice. It is not demonstrably un-Christian to crown the rich as convenient rulers of society. It is not certainly un-Christian to rebel against the rich or to submit to the rich. But it is quite certainly un-Christian to trust the rich, to regard the rich as more morally safe than the poor.
”
”
G.K. Chesterton
“
When your SALARY is RAISED, don't RAISE your PROFILE. Instead, RAISE your INVESTMENT so you depend on PROFIT and instead of SALARY. Don't buy a new CAR. Buy a new TAXI. Don't buy new SHOES to WEAR. Buy SHOES to SELL. SELL and you will EXCEL
”
”
Olawale Daniel
“
Because of the way society sets them up, women never again experience the need to develop independence - until some crisis in later life explodes their complacency, showing them how sadly helpless and undeveloped they've allowed themselves to be.
”
”
Colette Dowling (The Cinderella Complex: Women's Hidden Fear of Independence)
“
Popular morality blames victims for going into debt – not only individuals, but also national governments. The trick in this ideological war is to convince debtors to imagine that general prosperity depends on paying bankers and making bondholders rich – a veritable Stockholm Syndrome in which debtors identify with their financial captors.
”
”
Michael Hudson (Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy)
“
one country only depend on their financial structure.
”
”
Bill Fawcett
“
differences in economic performance are chiefly dependent upon spiritual rather than physical characteristics.
”
”
Daniel Lapin (Business Secrets from the Bible: Spiritual Success Strategies for Financial Abundance)
“
Some codependents become financially dependent
”
”
Melody Beattie (Codependent No More: How to Stop Controlling Others and Start Caring for Yourself)
“
Worthy charity helps people. Unworthy charity that completely takes over a task makes recipients of such charity dependent.
”
”
Daniel Lapin (Business Secrets from the Bible: Spiritual Success Strategies for Financial Abundance)
“
Assets generate income and open new doors, while credit creates obligations and dependencies. Choose to invest in assets, and let your wealth work for you.
”
”
Linsey Mills (Currency of Conversations: The Talk You've Been Waiting For About Money)
“
Men love to work hard to get and help a woman they like (this final part being the crucial part). It’s been engrained in their instincts to want to take care of their woman. However, men hate it when a woman doesn’t hold her own, when she becomes dependent on him. Not financially, of course, but emotionally. He wants to know what you’re passionate about, what makes you tick, and what makes you love life. That’s why any man quickly gets bored of the nice girl who makes her life revolve around him.
”
”
Brian Keephimattracted (F*CK Him! - Nice Girls Always Finish Single)
“
I stare at my plate, unable to confess even to Kelsey what I’ve discovered in the past couple of months—that my dependence on Dean and my lack of career or even job stability is downright frightening. Without Dean or my own financial security, it’s just a few short steps to a life of constant transition and uncertainty.
”
”
Nina Lane (Awaken (Spiral of Bliss, #3))
“
In 2009, Kahneman and Klein took the unusual step of coauthoring a paper in which they laid out their views and sought common ground. And they found it. Whether or not experience inevitably led to expertise, they agreed, depended entirely on the domain in question. Narrow experience made for better chess and poker players and firefighters, but not for better predictors of financial or political trends, or of how employees or patients would perform.
”
”
David Epstein (Range: Why Generalists Triumph in a Specialized World)
“
The more the ego seeks to secure every possible liberty, independence, superiority, and freedom from obligations, the deeper does it fall into the slavery of objective facts. The subject's freedom of mind is chained to an ignominious financial dependence, his unconcernedness of action suffers now and again, a distressing collapse in the face of public opinion, his moral superiority gets swamped in inferior relationships, and his desire to dominate ends in a pitiful craving to be loved.
”
”
C.G. Jung
“
Financial stability cannot depend on omniscient supervisors identifying and preemptively defusing any potential source of crisis; it requires safeguards that can help the system withstand the force of a severe storm, and tools the government can use to limit the damage.
”
”
Timothy F. Geithner (Stress Test: Reflections on Financial Crises)
“
The most intelligent or brilliant of us all are not usually the most successful, financially or career wise.
A lot depends on the ability of a person to break into circles, meet people, network and interact.
A well marketed yam may sell better than a not-so-well marketed Jollof.
Do not just stay in the library and read all the books there, lest you become publicly dusty like the books you read.
Food for thought!
”
”
Magnus Nwagu Amudi
“
As soon as I had believed that financial security purchased emotional security, I'd lived a dependent, conditional life. Now I realize that rather than mortgage myself for a dream life on a layaway plan, I prefer the rather nice kind of life I've stumbled into. My desire for a double oven has less to do with signaling that I belong to a certain class or have reached a type of perfection and more to do with the fact that I haven't figured out how to make a pot roast and an apple pie at the same time. So I make the pie ahead of time and reheat it. I think it was Mark Twain who said, 'Happiness is wanting what you have, not having what you want.' I tell my kids this, hoping they will learn to balance the act of pursuing with the act of savoring.
”
”
Liz Perle (Money, A Memoir: Women, Emotions, and Cash)
“
The whole edifice of modern financial theory is, as described earlier, founded on a few simplifying assumptions. It presumes that homo economicus is rational and self-interested. Wrong, suggests the experience of the irrational, mob-psychology bubble and burst of the 1990's. A further assumption: that price variations follow the bell curve. Wrong, suggests the by-now widely accepted research of me and many others since the 1960's. And now the next assumption wobble: that price variations are what statisticians call i.i.d., independently and identically distributed-like the coin game with each toss unaffected by the last. Evidence for short-term dependence has already been mounting. And now comes the increasingly accepted but still confusing evidence of long-term dependence.
”
”
Benoît B. Mandelbrot (The (Mis)Behavior of Markets)
“
Take a few minutes now and see your current circumstances- your physical condition, your emotional condition, your possessions, your financial condition, where and how you live, your relationships, the situations surrounding your life, and the way you believe other people see you- as mirrors showing you "Who You Are.
”
”
Chris Prentiss (Be Who You Want, Have What You Want: Change Your Thinking, Change Your Life)
“
Still smiling, he leaned toward me. "You're jealous, aren't you?"
"Why would I be jealous of her?"
"Because she has what you don't."
"Which would be what? A bad hairdresser, poor rhythm, or a striking lack of financial sense when it comes to buying clothes?"
His smile grew. "Admit it, you're jealous."
"I'm not jealous." I straightened the napkins into a tall stack. "Rich people are so arrogant. You all think everyone just sits around coveting your wealth. Well, my happiness isn't dependent on my account numbers."
He gave a mock grunt. "I wasn't talking about Olivia's money. I was talking about me."
"Oh." It was suddenly hard to breathe.
”
”
Janette Rallison (It's a Mall World After All)
“
However, as I observed the lifestyles of the people ahead of me in their careers, it slowly dawned on me that the only reward awaiting me was working more hours, internalizing more stress, and continuing to be salary dependent with no end in sight. I thought I had invested in myself, but really, I had invested in a lifelong treadmill.
”
”
Danielle Town (Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life (with a Little Help from Warren Buffett, Charlie Munger, and My Dad))
“
their mission to protect White women from the hypersexual Black-faced animals that, if freed, would ravage the exemplars of human purity and beauty. In fact, after 1830, young, single, and White working-class women earning wages outside the home were growing less dependent on men financially and becoming more sexually free. White male gang rapes of White women began to appear around the same time as the gang assaults by White men on Black people. Both were desperate attempts to maintain White male supremacy.
”
”
Ibram X. Kendi (Stamped from the Beginning: The Definitive History of Racist Ideas in America)
“
If better conditions will make the poor more fit to govern themselves, why should not better conditions already make the rich more fit to govern them? On the ordinary environment argument the matter is fairly manifest. The comfortable class must be merely our vanguard in Utopia...Is there any answer to the proposition that those who have had the best opportunities will probably be our best guides? Is there any answer to the argument that those who have breathed clean air had better decide for those who have breathed foul? As far as I know, there is only one answer, and that answer is Christianity. Only the Christian Church can offer any rational objection to a complete confidence in the rich. For she has maintained from the beginning that the danger was not in man's environment, but in man. Further, she has maintained that if we come to talk of a dangerous environment, the most dangerous environment of all is the commodious environment...Christianity even when watered down is hot enough to boil all modern society to rags. The mere minimum of the Church would be a deadly ultimatum to the world. For the whole modern world is absolutely based on the assumption, not that the rich are necessary (which is tenable), but that the rich are trustworthy, which (for a Christian) is not tenable. You will hear everlastingly, in all discussions about newspapers, companies, aristocracies, or party politics, this argument that the rich man cannot be bribed. The fact is, of course, that the rich man is bribed; he has been bribed already. That is why he is a rich man. The whole case for Christianity is that a man who is dependent upon the luxuries of this life is a corrupt man, spiritually corrupt, politically corrupt, financially corrupt. There is one thing that Christ and all the Christian saints have said with a sort of savage monotony. They have said simply that to be rich is to be in peculiar danger of moral wreck.
”
”
G.K. Chesterton (Orthodoxy)
“
Cruelty links all three primitives [pleasure, pain, and desire]: Spinoza defines it as the desire to inflict pain on someone we love or pity. Financial speaking, cruelty is analogous to a convertible bond whose debt and equity depend on three economic underliers: the stock price, the level of interest rates, and the credit worthiness of the company's debt.
”
”
Emanuel Derman (Models.Behaving.Badly: Why Confusing Illusion with Reality Can Lead to Disaster, on Wall Street and in Life)
“
Happiness depends necessarily on the unreality of one plane of your life: in one area ( emotional, financial, professional ), you should be living beyond your resources.
”
”
Julian Barnes (Metroland)
“
Drinking and drugs might temporarily bring some relief, but there is no problem in life that drugs and alcohol don't make worse--whether the issue is financial, emotional, or legal. If you are reading this and find yourself struggling, ask God to take the burden off your shoulders, reach out for help, and stop digging a deeper hole for yourself. There is a community of millions of men and women who have been in similar circumstances and will be there for you, stranger or not, because their own recovery depends on helping people like you.
”
”
Danny Trejo (Trejo: My Life of Crime, Redemption, and Hollywood)
“
To live and strive in modern America is to participate in a series of morally fraught systems. If a family’s entire financial livelihood depends on the value of its home, it’s not hard to understand why that family would oppose anything that could potentially lower its property values, like a proposal to develop an affordable housing complex in the neighborhood.
”
”
Matthew Desmond (Poverty, by America)
“
the world is being built up by greedy people wanting higher towers and then there’s a war or a hurricane or a tsunami or a virus or a financial collapse
happening
to put things in balance.
this has happened all through history and the humankind survives and moves on.
this is not an exception: this is a rule.
and you are not granted to stay here, that is not your right. you were handed a gift of walking here for a little while, breathing the air, feeling things, but did you say thank you? ever? or just took for granted, carried life like a burden and now you’re being angry because suddenly things outside of your control are threatening your peace?
why do you let your peace depend on things outside of your control in the first place?
”
”
Charlotte Eriksson
“
The modern church encourages African-American women to keep others’ vineyards, while neglecting their own, in two ways: by venerating Black women’s performance of strength and depending upon women’s labor and financial support to maintain the church, without providing equal opportunity for Black women to exercise their gifts in ministerial leadership; and by distorting Scripture in a way that encourages suffering and self-sacrifice among Black women.
”
”
Chanequa Walker-Barnes (Too Heavy a Yoke: Black Women and the Burden of Strength)
“
In the studies I have directed, and in my international experience speaking with women in prostitution, the majority of women in prostitution come from marginalized groups with a history of sexual abuse, drug and alcohol dependencies, poverty or financial disadvantage, lack of education, and histories of other vulnerabilities. These factors characterize women in both off and on-street locations. A large number of women in prostitution are pimped or drawn into the sex industry at an early age. These are women whose lives will not change for the better if prostitution is decriminalized. Many have entrenched problems that are best addressed not by keeping women indoors but in establishing programs where women can be provided with an exit strategy and the services that they need to regain their lost lives. There is little evidence that decriminalization or legalization of prostitution improves conditions for women in prostitution, on or off the street. It certainly makes things better for the sex industry, which is provided with legal standing, and the government that enjoys increased revenues from accompanying regulation.
”
”
Janice G. Raymond
“
According to the Social Security Administration, if you take any 100 people at the start of their working careers and follow them for the next 40 years until they reach retirement age, here’s what you’ll find: only one will be wealthy; four will be financially secure; five will continue working, not because they want to but because they have to; 36 will be dead; and 54 will be broke and dependent on friends, family, relatives, and the government to take care of them.
”
”
Hal Elrod (The Miracle Morning: The 6 Habits That Will Transform Your Life Before 8AM)
“
In particular, three slaveowning politicians loom large in our narrative as principal enablers of the territorial expansion of slavery and, consequently, of the slave-breeding industry: Thomas Jefferson, Andrew Jackson, and James K. Polk—a Virginian and two Tennesseans. All three were slaveholders, and like all slaveholders, their wealth was primarily stored in the form of captive human beings, so their entire financial base—personal, familial, social, and political—depended on
”
”
Ned Sublette (The American Slave Coast: A History of the Slave-Breeding Industry)
“
We live in what is called a democracy, rule by the majority of the people. A fine ideal if it could be made to work. The people elect, but the party machines nominate, and the party machines to be effective must spend a great deal of money. Somebody has to give it to them, and that somebody, whether it be an individual, a financial group, a trade union or what have you, expects some consideration in return. What I and people of my kind expect is to be allowed to live our lives in decent privacy. I own newspapers, but I don’t like them. I regard them as a constant menace to whatever privacy we have left. Their constant yelping about a free press means, with a few honorable exceptions, freedom to peddle scandal, crime, sex, sensationalism, hate, innuendo, and the political and financial uses of propaganda. A newspaper is a business out to make money through advertising revenue. That is predicated on its circulation and you know what the circulation depends on.
”
”
Raymond Chandler (The Long Goodbye (Philip Marlowe, #6))
“
In the 1960's, some old-timers on Wall Street-the men who remembered the trauma of the 1929 Crash and the Great Depression-gave me a warning: "When we fade from this business, something will be lost. That is the memory of 1929." Because of that personal recollection, they said, they acted with more caution, than they otherwise might. Collectively, their generation provided an in-built brake on the wildest form of speculation, an insurance policy against financial excess and consequent catastrophe. Their memories provided a practical form of long-term dependence in the financial markets. Is it any wonder that in 1987 when most of those men were gone and their wisdom forgotten, the market encountered its first crash in nearly sixty years? Or that, two decades later, we would see the biggest bull market, and the worst bear market, in generations? Yet standard financial theory holds that, in modeling markets, all that matters is today's news and the expectations of tomorrow's news.
”
”
Benoît B. Mandelbrot (The (Mis)Behavior of Markets)
“
Cults tend to follow similar patterns. First, there's financial exploitation where members hand over money and assets to increase the cult's power over them and make them dependent on it. Then the sexual exploitation begins. Finally, there's physical exploitation involving confinement, punishment, and isolation from family members. If the cult's leader has become delusional enough to think they have the God-like power of life and death over their followers, they may demand the ultimate sacrifice - mass suicide.
”
”
Stewart Stafford
“
president's brilliant theory of vending his wares direct to the people—was perhaps the only one who had suspicions. He had once written a brilliant criticism to some inquirer, in which he had said that no enterprise of such magnitude as the Northern Pacific had ever before been entirely dependent upon one house, or rather upon one man, and that he did not like it. "I am not sure that the lands through which the road runs are so unparalleled in climate, soil, timber, minerals, etc., as Mr. Cooke and his friends would have us believe. Neither do I think that the road
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”
Theodore Dreiser (The Financier(Trilogy of desire, #1))
“
Our most important financial asset is our own capacity to earn. If we don’t continually invest in improving our own PC, we severely limit our options. We’re locked into our present situation, running scared of our corporation or our boss’s opinion of us, economically dependent and defensive.
”
”
Stephen R. Covey (The 7 Habits of Highly Effective People)
“
Private sector networks in the United States, networks operated by civilian U.S. government agencies, and unclassified U.S. military and intelligence agency networks increasingly are experiencing cyber intrusions and attacks,” said a U.S.-China Economic and Security Review Commission report to Congress that was published the same month Conficker appeared. “. . . Networks connected to the Internet are vulnerable even if protected with hardware and software firewalls and other security mechanisms. The government, military, businesses and economic institutions, key infrastructure elements, and the population at large of the United States are completely dependent on the Internet. Internet-connected networks operate the national electric grid and distribution systems for fuel. Municipal water treatment and waste treatment facilities are controlled through such systems. Other critical networks include the air traffic control system, the system linking the nation’s financial institutions, and the payment systems for Social Security and other government assistance on which many individuals and the overall economy depend. A successful attack on these Internet-connected networks could paralyze the United States [emphasis added].
”
”
Mark Bowden (Worm: The First Digital World War)
“
Meanwhile, bank executives bristled—sometimes privately, but often in the press—at any suggestion that they had in any way screwed up, or should be subject to any constraints when it came to running their business. This last bit of chutzpah was most pronounced in the two savviest operators on Wall Street, Lloyd Blankfein of Goldman Sachs and Jamie Dimon of JPMorgan Chase, both of whom insisted that their institutions had avoided the poor management decisions that plagued other banks and neither needed nor wanted government assistance. These claims were true only if you ignored the fact that the solvency of both outfits depended entirely on the ability of the Treasury and the Fed to keep the rest of the financial system afloat, as well as the fact that Goldman in particular had been one of the biggest peddlers of subprime-based derivatives—and had dumped them onto less sophisticated customers right before the bottom fell out.
”
”
Barack Obama (A Promised Land)
“
This is why you are told “Let the weak man say, ‘I am strong’.” (Joel 3:10), for by his assumption, the cause-substance — ‘I AM’ — is rearranged and must, therefore, manifest that which its rearrangement affirms. This principle governs every aspect of your life, be it social, financial, intellectual, or spiritual. ‘I AM’ is that reality to which, whatever happens, we must turn for an explanation of the phenomena of life. It is I AM’s concept of itself that determines the form and scenery of its existence. Everything depends upon its attitude towards itself; that which it will not affirm as true of itself cannot awaken in its world.
”
”
Neville Goddard (The Power of Awareness)
“
There were hierarchies within the free citizen population too. One clause draws a distinction between patricians and plebeians, another between assidui (men of property) and proletarii (those without property – whose contribution to the city was the production of offspring, proles). Another refers to ‘patrons’ and ‘clients’ and to a relationship of dependency and mutual obligation between richer and poorer citizens that remained important throughout Roman history. The basic principle was that the client depended on his patron for protection and assistance, financial and otherwise, in return for a variety of services rendered, including votes in elections.
”
”
Mary Beard (SPQR: A History of Ancient Rome)
“
…we use the dopaminergic power of the happiness of pursuit to motivate us to work for rewards that come -after we are dead- depending on your culture, this can be knowing that your nation is closer to winning a war because you’ve sacrificed yourself in battle, that your kids will inherit money because of your financial sacrifices, or that you will spend eternity in paradise. It is extraordinary neural circuitry that bucks temporal discounting enough to allow (some of) us to care about the temperature of the planet that our great-grandchildren will inherit. Basically, it’s unknown how we humans do this. We may merely be a type of animal, mammal, primate, and ape, but we’re a profoundly unique one.
”
”
Robert M. Sapolsky (Behave: The Biology of Humans at Our Best and Worst)
“
Here are some of the truths about money that you can use to measure your own attitudes: 1. Everything we have comes from God (James 1:17). 2. Our most important possessions are heavenly ones, not earthly ones (Matt. 6:19–21). 3. We must be financially responsible. We should make sure we do not depend on others (outside the family) for our livelihood. “If a man will not work, he shall not eat” (2 Thess. 3:10). 4. We should be content no matter our circumstances. Paul says, “But if we have food and clothing, we will be content with that” (1 Tim. 6:8). 5. Our identity is based on what Christ did for us and not on anything else (Gal. 2:20). 6. We are to be generous and give to those in need (1 Tim. 6:18).
”
”
Sheila Wray Gregoire (To Love, Honor, and Vacuum: When You Feel More Like a Maid Than a Wife and Mother)
“
Ideally, a fair and equitable society would regulate debt in line with the ability to be paid without pushing economies into depression. But when shrinking markets deepen fiscal deficits, creditors demand that governments balance their budgets by selling public monopolies. Once the land, water and mineral rights are privatized, along with transportation, communications, lotteries and other monopolies, the next aim is to block governments from regulating their prices or taxing financial and rentier wealth. The neo-rentier objective is threefold: to reduce economies to debt dependency, to transfer public utilities into creditor hands, and then to create a rent-extracting tollbooth economy. The financial objective is to block governments from writing down debts when bankers and bondholders over-lend. Taken together, these policies create a one-sided freedom for rentiers to create a travesty of the classical “Adam Smith” view of free markets. It is a freedom to reduce the indebted majority to a state of deepening dependency, and to gain wealth by stripping public assets built up over the centuries.
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Michael Hudson (Killing the Host: How Financial Parasites and Debt Bondage Destroy the Global Economy)
“
We depended on the indigenous of this land to teach us farming and harvesting skills that we largely lacked upon arrival. Indeed, had it not been for the wisdom of native North Americans, the first attempt at European colonization would have failed entirely. We were starving in droves, perishing in Jamestown because we had spent so much time looking for gold that we’d forgotten to plant crops that could sustain us through the harsh winters. Four hundred–plus years later that folly has been repeated, at least metaphorically, in an economy so focused on the chasing of wealth for wealth’s sake that it has failed to re-sow its crops, to invest in the future, to actually produce anything of value as it opts, instead, to chase financial fortunes and immediate riches.
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Tim Wise (Dear White America: Letter to a New Minority)
“
Even today with most women working, even women without AD/HD have issues around money and taking care of their financial affairs. They aren’t as knowledgeable about financial matters as they’d like to be and often have control, power, and dependency issues. Combine this with AD/HD and feelings of being overwhelmed, and it creates an even greater tendency to shut down and tune out in this area.
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Sari Solden (Women With Attention Deficit Disorder: Embrace Your Differences and Transform Your Life)
“
Complex and time-consuming international economic transactions, including long-term investments, are particularly dependent on a reliable framework of law, so that changes of government policy or of individuals in power, do not create large uncertainties as to whether commitments will be honored or foreigners treated on an equal plane with the natives involved in commercial and financial transactions.
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Thomas Sowell (Conquests and Cultures: An International History)
“
Approximately 95% of our society settles for far less than they want in life, wishing they had more, living with regret and never understanding that they could be, do, and have all that they want. According to the Social Security Administration, if you take any 100 people at the start of their working careers and follow them for the next 40 years until they reach retirement age, here’s what you’ll find: only 1 will be wealthy; 4 will be financially secure; 5 will continue working, not because they want to but because they have to; 36 will be dead; and 54 will be broke and dependent on friends, family, relatives, and the government to take care of them. Monetarily speaking, that’s only 5% of us who will be successful in creating a life of freedom, and 95% who will continue to struggle their entire lives.
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Hal Elrod (The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life: Before 8AM)
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Domestic violence is not only physical abuse. Domestic violence is emotional abuse, sexual abuse, financial dependence, control, psychological abuse and gaslighting. Some of the signs of an abusive relationship are: Financial control: taking your money and not allowing you access to it. Counting every penny spent in the household. Isolation: jealousy of time spent with friends or family. Jealousy of time spent away from him/her. Destroying self-esteem: embarrassing or putting you down. Destroying your property or harming your pets. Telling you “You are a bad parent”; criticism of your parenting skills. Intimidating you with weapons and/or physical force. Preventing you from working or going to school. Sexual abuse: pressuring you to have sex or perform a sexual act you are uncomfortable with. Pressuring you to do drugs or alcohol. I
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Bree Bonchay (I Am Free: Healing Stories About Surviving Toxic Relationships With Narcissists And Sociopaths)
“
The word power typically signifies a capacity for action. The Oxford English Dictionary tells us power lies in an 'ability to do or effect something or anything, or to act upon a person or thing'. The person who has power may influence the material or social environment, generally on the basis of possessing high-tech weapons, money, oil, superior intelligence or large muscles. In war, I am powerful because I can blow up your city walls or drop bombs on your airfields. In the financial world, I am powerful because I can buy up your shares and invade your markets. In boxing, I am ,ore powerful because my punches outwit and exhaust yours. But in love, this issue appears to depend on a far more passive, negative definition; instead of looking at power as a capacity to do something, one may come to think of it as the capacity to do nothing.
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Alain de Botton (The Romantic Movement: Sex, Shopping, and the Novel)
“
Questions for Self-Examination 1. How do you define creativity? Do you consider yourself a creative person? Do you follow through on your creative ideas? 2. How often do you direct your creative energies into negative paths of expression? Do you exaggerate or embellish “facts” to support your point of view? 3. Are you comfortable with your sexuality? If not, are you able to work toward healing your sexual imbalances? Do you use people for sexual pleasure, or have you felt used? Are you strong enough to honor your sexual boundaries? 4. Do you keep your word? What is your personal code of honor? of ethics? Do you negotiate your ethics depending upon your circumstances? 5. Do you have an impression of God as a force that exerts justice in your life? 6. Are you a controlling person? Do you engage in power plays in your relationships? Are you able to see yourself clearly in circumstances related to power and money? 7. Does money have authority over you? Do you make compromises that violate your inner self for the sake of financial security? 8. How often do survival fears dictate your choices? 9. Are you strong enough to master your fears concerning finances and physical survival, or do they control you and your attitudes? 10. What goals do you have for yourself that you have yet to pursue? What stands in the way of your acting upon those goals?
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Caroline Myss (Anatomy of the Spirit: The Seven Stages of Power and Healing)
“
According to the Social Security Administration, if you take any 100 people at the start of their working careers and follow them for the next 40 years until they reach retirement age, here’s what you’ll find: only 1 will be wealthy; 4 will be financially secure; 5 will continue working, not because they want to but because they have to; 36 will be dead; and 54 will be broke and dependent on friends, family, relatives, and the government to take care of them.
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Hal Elrod (The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life: Before 8AM)
“
Our internal boundaries define and contain the unique personal characteristics of our thoughts, feelings, opinions, behaviors, beliefs, and spirituality. Boundaries help us recognize, honor, and respect our individual wants, needs, and desires. They help us define our separateness and give us safety in our intimate communications with others. If someone verbally attacks us, we maintain our internal boundary and practice self-containment by moderately expressing our thoughts and feelings about their behavior using “I” statements. Or, we may choose not to respond and silently remind ourselves that how another person acts is about that person, not about us. If someone confronts us about our behavior, we use our internal boundary to listen to what they say. We do not internalize what is said before deciding if any of it rings true for us. If we have wronged the other person, we make amends. In either situation our self-worth is not diminished because we have maintained our internal boundaries. 110:2 We use internal boundaries in various ways. An example is deciding how much personal information, such as personal history or financial information, to share with others. Conversely, we refrain from delving into others’ personal business. We might really want to ask a question or say something to someone, yet we do not because we know that person’s private life is none of our business. 111:1 When we have healthy internal boundary systems, we recognize that each individual is responsible for his or her emotional, mental, and spiritual boundaries. We allow ourselves and others to have their own thoughts, feelings, opinions, behaviors, beliefs, and spirituality. With functional boundaries we are able to meet our needs without infringing on others’ abilities to meet their needs. Our internal boundaries can be flexible and we decide what is safe and comfortable for ourselves.
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CoDA (CO-DEPENDENTS ANONYMOUS)
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In the medium term, AI may automate our jobs, to bring both great prosperity and equality. Looking further ahead, there are no fundamental limits to what can be achieved. There is no physical law precluding particles from being organised in ways that perform even more advanced computations than the arrangements of particles in human brains. An explosive transition is possible, although it may play out differently than in the movies. As mathematician Irving Good realised in 1965, machines with superhuman intelligence could repeatedly improve their design even further, in what science-fiction writer Vernor Vinge called a technological singularity. One can imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders and potentially subduing us with weapons we cannot even understand. Whereas the short-term impact of AI depends on who controls it, the long-term impact depends on whether it can be controlled at all.
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Stephen Hawking
“
Other victims of neurotic dependency are battered wives. The fact that they are so often financially dependent upon the men who beat them makes for a vicious kind of entrapment. It's emotional dependency, though that puts a double lock on the trap. "There's a kind of panic that many women have about being able to make it in any way other than being dependent on their husbands (...) They've been taught their whole lives that they can't. It's a conditioning process."
In situations in which they have no effect on their environments, animals begin to give up. (...) the same thing happens to humans. Stay long enough in a situation in which you feel you have no control, and you will simply stop responding. It's called learned helplessness. (...) Having been "shaped" to believe there is nothing she can do about the situation, the battered wife goes on being battered.Only after she begins to disengage from her belief in her own helplessness can she break out of the vicious cycle of dependency and its brutal effect on her life.
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Colette Dowling (The Cinderella Complex: Women's Hidden Fear of Independence)
“
As Negroes move forward toward a fundamental alteration of their lives, some bitter white opposition is bound to grow, even within groups that were hospitable to earlier superficial amelioration. Conflicts are unavoidable because a stage has been reached in which the reality of equality will require extensive adjustments in the way of life of some of the white majority. Many of our former supporters will fall by the wayside as the movement presses against financial privilege. Others will withdraw as long-established cultural privileges are threatened. During this period we will have to depend on that creative minority of true believers.
The hope of the world is still in dedicated minorities. The trailblazers in human, academic, scientific and religious freedom have always been in the minority. That creative minority of whites absolutely committed to civil rights can make it clear to the larger society that vacillation and procrastination on the question of racial justice can no longer be tolerated. It will take such a small committed minority to work unrelentingly to win the uncommitted majority. Such a group may well transform America’s greatest dilemma into her most glorious opportunity.
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Martin Luther King Jr. (Where Do We Go from Here: Chaos or Community?)
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Each of us has a different life puzzle to assemble. The choices you make in the midst of your life journey do have eternal consequences. Yes, you can throw the pieces at God in anger and say, “I do not like the life You have given me, and I refuse to live within these limitations with a humble heart. You have made me a victim. You have ruined my life. I will choose to live in darkness.” If that is your choice, the puzzle of your life will remain fragmented and separated, with holes in the picture. However, if you choose to bow your knee and submit to the varied circumstances of your life, God will do miracles. If you choose to trust and develop your integrity and an inner standard of holiness that isn’t dependent on cultural standards, the puzzle pieces will begin to come together. No matter what your limitations are—health issues, financial problems, a difficult marriage or divorce, a loss of friendship, death of a dream—your life is meant to be filled to the brim with the potential of God’s blessings. But in order to thrive and heal, you must accept any limitations by faith, trust in His faithfulness each step of the way, and wait for His grace so you can live a faithful story right in the place you find yourself.
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Sally Clarkson (Own Your Life: Living with Deep Intention, Bold Faith, and Generous Love)
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[The eighteenth century] was the century, as we are frequently told, of women - the intellectual life of women in salons, women wielding unseen influence, women as members of academies, theatrical productions whose success depended on the power of actresses to charm; in the economic sphere, financiers amassing great fortunes in order to marry their daughters into the aristocracy, and women ruling over whole peoples and empires: Maria Theresa, Catherine the Great, Queen Elisabeth Farnese of Spain, as well as the likes of Mme du Pompadour and Mme du Barry. It was as if some residual matriarchy - the oldest culture of the Mediterranean - was struggling to emerge from the blood and the collective unconscious; as if the time would one day return when, in every tribe, it was the women who possessed wealth and power and the men who 'married out', moving into the wife's extended family, where they became gentle, pampered, more or less superfluous drones. [...] In the century of women, it was inevitable that these erotic legends should attach themselves to the outstanding female figures of the time [...] and all this applied even more strongly in France. It was there that women reached the greatest positions of power, and there that this erotic momentum was at its strongest, by virtue of the traditions and nature of the French people.
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Antal Szerb (The Queen's Necklace)
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When I Find It Difficult to Trust Him Trust in the Lord with all your heart, and lean not on your own understanding. PROVERBS 3:5 HAS YOUR HUSBAND ever done something you feel has violated your trust in him? It doesn’t have to be anything as terrible as infidelity. It could be financial irresponsibility, or some kind of lie or deception, or hurtful treatment of you, or a confidence he shared with someone else. Whatever it is, you can find yourself wary—always suspecting he may do the same thing again. Yet there must be trust in your marriage relationship or you can never move forward. Living in such a close relationship without trust is not living at all. It’s remarkably sad to not be able to trust the one we are supposed to trust the most. If this has happened to you, it must be remedied, rectified, and resolved. Only God can truly restore the kind of trust you need to have. If your husband has done something to lose your trust, pray that God will lead him to complete repentance. Pray also that your heart will be willing to forgive him. This can be especially hard if he is a repeat offender, but it is not too hard for God to work forgiveness in your heart if you are willing. Ask God to set you free of all anger, frustration, disappointment, fear, and resentment. The most important thing to do after you have prayed for your husband’s repentance and your forgiveness is to pray you will trust God to work a miracle in your husband’s heart and yours as well. You have to first decide that You will trust God with all your heart and not lean on your own understanding. Then He will enable you to trust your husband again. My Prayer to God LORD, I confess any time when I have lost faith in my husband and don’t have full trust in him. I know that is not the way You want me to live. Help us both to have faith in each other and not live in constant distrust, bracing ourselves for what violation of trust is going to happen next. Where my distrust is unfounded, I pray You would help me to see that and enable me to step out in trust of him again. Where my distrust is legitimate because he has truly violated that trust, I ask for a miracle of restoration. First of all, I pray You would lead my husband to total repentance. Bring him to his knees before You in confession so he can be restored. I pray he will be sincerely apologetic to me as well. Second, help me to forgive him so completely that I can trust him fully without reservation again. And last, but most important of all, help me to trust You with all my heart to rectify this situation. Work powerfully in my husband to make him trustworthy, and do a work in me to make me trusting. Help me to not depend on my own reasoning, but rather to depend on Your ability to transform us both. In Jesus’ name I pray.
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Stormie Omartian (The Power of a Praying Wife Devotional)
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How many pizzas can you purchase for a dollar, or for a bitcoin? In 2010, Laszlo Hanyecz bought two pizzas for 10,000 bitcoins. It was the first known commercial transaction involving bitcoin – and with hindsight, also the most expensive pizza ever. By November 2021, a single bitcoin was valued at more than $69,000, so the bitcoins Hanyecz paid for his two pizzas were worth $690 million, enough to purchase millions of pizzas.14 While the caloric value of pizza is an objective reality that remained the same between 2010 and 2021, the financial value of bitcoin is an intersubjective reality that changed dramatically during the same period, depending on the stories people told and believed about bitcoin.
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Yuval Noah Harari (Nexus: A Brief History of Information Networks from the Stone Age to AI)
“
Your career is likely to bear more resemblance to that of a writer than that of an athlete or painter. You should look ahead to your forties as the time when you will be at your peak of creativity, technical proficiency, and energy, and also have enough phronesis to realize your potential. The more your field depends on good judgment that comes only from experience, the longer you can expect to sustain a high level of performance into your fifties and sixties. To put it another way: Even if you wait as late as thirty to start accumulating the fifty thousand chunks of expertise, you will still have completed that apprenticeship when you approach the peak of your other powers in your forties. So push out your time horizon and don’t get frustrated if what you hoped would be a meteoric rise proves to be more measured. You’re not failing; you’re getting better at your craft and can reasonably aspire to master it one day. In the meantime, consult Wikipedia to check on the lives of those who became conspicuously successful at a young age. Ted Sorenson? After JFK was assassinated, he had a financially successful career as an attorney and remained a participant in politics, but, like sports heroes, rock stars, and pure mathematicians, he had to turn forty knowing that his most exciting professional years were behind him. How sad. And how happy you should be that you aren’t going to be a famous presidential aide at thirty-two.
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Charles Murray (The Curmudgeon's Guide to Getting Ahead: Dos and Don'ts of Right Behavior, Tough Thinking, Clear Writing, and Living a Good Life)
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I agree with you one hundred percent.“ Diana batted her lashes. “I think you’ve made a very wise decision,
Colby.“
He ran his palm up her bare arm. “And I think you’re picking up the finer nuances of being a wife faster than I’d
ever imagined you would. How the hell did I wind up agreeing to spend Christmas with Margaret Fulbrook?“
“How the hell did I wind up pregnant and unemployed and financially dependent on a man for the first time in my
life?“
“You forgot barefoot,“ he said with satisfaction. “At the moment you’re barefoot, pregnant and unemployed.“
She started to tickle him in the ribs. A few minutes later Colby’s sexy laughter aroused Specter. The dog sighed
heavily, got up and padded down the hall to find some peace and quiet in the living room.
”
”
Jayne Ann Krentz (Dreams: Part Two (Dreams, #2))
“
The experience of stress has three components. The first is the event, physical or emotional, that the organism interprets as threatening. This is the stress stimulus, also called the stressor. The second element is the processing system that experiences and interprets the meaning of the stressor. In the case of human beings, this processing system is the nervous system, in particular the brain. The final constituent is the stress response, which consists of the various physiological and behavioural adjustments made as a reaction to a perceived threat.
We see immediately that the definition of a stressor depends on the processing system that assigns meaning to it. The shock of an earthquake is a direct threat to many organisms, though not to a bacterium. The loss of a job is more acutely stressful to a salaried employee whose family lives month to month than to an executive who receives a golden handshake. Equally important is the personality and current psychological state of the individual on whom the stressor is acting. The executive whose financial security is assured when he is terminated may still experience severe stress if his self-esteem and sense of purpose were completely bound up with his position in the company, compared with a colleague who finds greater value in family, social interests or spiritual pursuits. The loss of employment will be perceived as a major threat by the one, while the other may see it as an opportunity.
There is no uniform and universal relationship between a stressor and the stress response. Each stress event is singular and is experienced in the present, but it also has its resonance from the past. The intensity of the stress experience and its long-term consequences depend on many factors unique to each individual. What defines stress for each of us is a matter of personal disposition and, even more, of personal history. Selye discovered that the biology of stress predominantly affected three types of tissues or organs in the body: in the hormonal system, visible changes occurred in the adrenal glands; in the immune system, stress affected the spleen, the thymus and the lymph glands; and the intestinal lining of the digestive system. Rats autopsied after stress had enlarged adrenals, shrunken lymph organs and ulcerated intestines.
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Gabor Maté (When the Body Says No: The Cost of Hidden Stress)
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Sadly, we were going to have to flee. We’d need to find somewhere new, and soon, and that would mean paying for our own security. I went back to my notebooks, started contacting security firms again. Meg and I sat down to work out exactly how much security we could afford, and how much house. Exactly then, while we were revising our budget, word came down: Pa was cutting me off. I recognized the absurdity, a man in his mid-thirties being financially cut off by his father. But Pa wasn’t merely my father, he was my boss, my banker, my comptroller, keeper of the purse strings throughout my adult life. Cutting me off therefore meant firing me, without redundancy pay, and casting me into the void after a lifetime of service. More, after a lifetime of rendering me otherwise unemployable. I felt fatted for the slaughter. Suckled like a veal calf. I’d never asked to be financially dependent on Pa. I’d been forced into this surreal state, this unending Truman Show in which I almost never carried money, never owned a car, never carried a house key, never once ordered anything online, never received a single box from Amazon, almost never traveled on the Underground. (Once, at Eton, on a theater trip.) Sponge, the papers called me. But there’s a big difference between being a sponge and being prohibited from learning independence. After decades of being rigorously and systematically infantilized, I was now abruptly abandoned, and mocked for being immature? For not standing on my own two feet? The question of how to pay for a home and security kept Meg and me awake at nights. We could always spend some of my inheritance from Mummy, we said, but that felt like a last resort. We saw that money as belonging to Archie. And his sibling. It was then that we learned Meg was pregnant.
”
”
Prince Harry (Spare)
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In her book The Government-Citizen Disconnect, the political scientist Suzanne Mettler reports that 96 percent of American adults have relied on a major government program at some point in their lives. Rich, middle-class, and poor families depend on different kinds of programs, but the average rich and middle-class family draws on the same number of government benefits as the average poor family. Student loans look like they were issued from a bank, but the only reason banks hand out money to eighteen-year-olds with no jobs, no credit, and no collateral is because the federal government guarantees the loans and pays half their interest. Financial advisers at Edward Jones or Prudential can help you sign up for 529 college savings plans, but those plans' generous tax benefits will cost the federal government an estimated $28.5 billion between 2017 and 2026. For most Americans under the age of sixty-five, health insurance appears to come from their jobs, but supporting this arrangement is one of the single largest tax breaks issued by the federal government, one that exempts the cost of employer-sponsored health insurance from taxable incomes. In 2022, this benefit is estimated to have cost the government $316 billion for those under sixty-five. By 2032, its price tag is projected to exceed $6oo billion. Almost half of all Americans receive government-subsidized health benefits through their employers, and over a third are enrolled in government-subsidized retirement benefits. These participation rates, driven primarily by rich and middle-class Americans, far exceed those of even the largest programs directed at low income families, such as food stamps (14 percent of Americans) and the Earned Income Tax Credit (19 percent).
Altogether, the United States spent $1.8 trillion on tax breaks in 2021. That amount exceeded total spending on law enforcement, education, housing, healthcare, diplomacy, and everything else that makes up our discretionary budget. Roughly half the benefits of the thirteen largest individual tax breaks accrue to the richest families, those with incomes that put them in the top 20 percent. The top I percent of income earners take home more than all middle-class families and double that of families in the bottom 20 percent. I can't tell you how many times someone has informed me that we should reduce military spending and redirect the savings to the poor. When this suggestion is made in a public venue, it always garners applause. I've met far fewer people who have suggested we boost aid to the poor by reducing tax breaks that mostly benefit the upper class, even though we spend over twice as much on them as on the military and national defense.
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Matthew Desmond (Poverty, by America)
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Rather, part of the argument is that with so much graduate unemployment, juvenile delinquency and high-school absenteeism, there could be practical alternatives to what we have now. A case could be made for a return to apprenticeships in trades such as car mechanics. Another would be to rearrange our priorities during workplace hiring. Less dependency might be placed on easily-achieved academic certificates - and more public recognition be given to hard-won experience. Other possibilities include early entry into the armed forces or police - via military finishing schools or junior police academies, instead of book-obsessed senior high schools and colleges of the woolly-minded humanities. But, for sure, a campaign of objections to this broader model would be publicly raised by the very groups who stand to lose financially from the decrease in municipal funding. That is, well-heeled academics and comfortably-off teaching unions.
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Jon Lee Junior (England's Rise and Decline: And What It Means, Today)
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In other words, money isn’t a material reality – it is a psychological construct. It works by converting matter into mind. But why does it succeed? Why should anyone be willing to exchange a fertile rice paddy for a handful of useless cowry shells? Why are you willing to flip hamburgers, sell health insurance or babysit three obnoxious brats when all you get for your exertions is a few pieces of coloured paper? People are willing to do such things when they trust the figments of their collective imagination. Trust is the raw material from which all types of money are minted. When a wealthy farmer sold his possessions for a sack of cowry shells and travelled with them to another province, he trusted that upon reaching his destination other people would be willing to sell him rice, houses and fields in exchange for the shells. Money is accordingly a system of mutual trust, and not just any system of mutual trust: money is the most universal and most efficient system of mutual trust ever devised. What created this trust was a very complex and long-term network of political, social and economic relations. Why do I believe in the cowry shell or gold coin or dollar bill? Because my neighbours believe in them. And my neighbours believe in them because I believe in them. And we all believe in them because our king believes in them and demands them in taxes, and because our priest believes in them and demands them in tithes. Take a dollar bill and look at it carefully. You will see that it is simply a colourful piece of paper with the signature of the US secretary of the treasury on one side, and the slogan ‘In God We Trust’ on the other. We accept the dollar in payment, because we trust in God and the US secretary of the treasury. The crucial role of trust explains why our financial systems are so tightly bound up with our political, social and ideological systems, why financial crises are often triggered by political developments, and why the stock market can rise or fall depending on the way traders feel on a particular morning.
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Yuval Noah Harari (Sapiens: A Brief History of Humankind)
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That hidden economy, which still exists today, is one of love. There is self-interest, certainly, in all of these women's endeavors; for their trouble, they get shelter and food. But you don't do any of that - the mind-numbing care of small children, the endless repetition of cooking and laundry, the indignity of having a mind as fine as any man's and no opportunity to exercise it - without love. Either love for the owners of the dirty underwear and the sticky little hands, or love for people whose survival depends on the pittance you make for doing it.
Almost three hundred years after Dam Smith was born, women still dominate the "caring professions" - teaching, nursing, social work - and are scarce in positions of financial or political power. Married women who work full-time still do substantially more cleaning, food preparation, and child-engagement tasks than their male partners. And when professional women's work becomes too time consuming, the care of children and the household isn't shared more equally with male partners, but outsourced to other women, frequently poor women of color. It is men who are raised to participate in a strict economy of self-interest. Most women could never afford that.
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Kate Harding (Nasty Women: Feminism, Resistance, and Revolution in Trump's America)
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In selecting a companion for life and for eternity, certainly the most careful planning and thinking and praying and fasting should be done to be sure that of all the decisions, this one must not be wrong. In true marriage there must be a union of minds as well as of hearts. Emotions must not wholly determine decisions, but the mind and the heart, strengthened by fasting and prayer and serious consideration, will give one a maximum chance of marital happiness. It brings with it sacrifice, sharing, and a demand for great selflessness. . . .
Some think of happiness as a glamorous life of ease, luxury, and constant thrills; but true marriage is based on a happiness which is more than that, one which comes from giving, serving, sharing, sacrificing, and selflessness. . . .
One comes to realize very soon after marriage that the spouse has weaknesses not previously revealed or discovered. The virtues which were constantly magnified during courtship now grow relatively smaller, and the weaknesses which seemed so small and insignificant during courtship now grow to sizable proportions. The hour has come for understanding hearts, for self-appraisal, and for good common sense, reasoning, and planning. . . .
“Soul mates” are fiction and an illusion; and while every young man and young woman will seek with all diligence and prayerfulness to find a mate with whom life can be most compatible and beautiful, yet it is certain that almost any good man and any good woman can have happiness and a successful marriage if both are willing to pay the price.
There is a never-failing formula which will guarantee to every couple a happy and eternal marriage; but like all formulas, the principal ingredients must not be left out, reduced, or limited. The selection before courting and then the continued courting after the marriage process are equally important, but not more important than the marriage itself, the success of which depends upon the two individuals—not upon one, but upon two. . . .
The formula is simple; the ingredients are few, though there are many amplifications of each.
First, there must be the proper approach toward marriage, which contemplates the selection of a spouse who reaches as nearly as possible the pinnacle of perfection in all the matters which are of importance to the individuals. And then those two parties must come to the altar in the temple realizing that they must work hard toward this successful joint living.
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Here’s some startup pedagogy for you: When confronted with any startup idea, ask yourself one simple question: How many miracles have to happen for this to succeed? If the answer is zero, you’re not looking at a startup, you’re just dealing with a regular business like a laundry or a trucking business. All you need is capital and minimal execution, and assuming a two-way market, you’ll make some profit. To be a startup, miracles need to happen. But a precise number of miracles. Most successful startups depend on one miracle only. For Airbnb, it was getting people to let strangers into their spare bedrooms and weekend cottages. This was a user-behavior miracle. For Google, it was creating an exponentially better search service than anything that had existed to date. This was a technical miracle. For Uber or Instacart, it was getting people to book and pay for real-world services via websites or phones. This was a consumer-workflow miracle. For Slack, it was getting people to work like they formerly chatted with their girlfriends. This is a business-workflow miracle. For the makers of most consumer apps (e.g., Instagram), the miracle was quite simple: getting users to use your app, and then to realize the financial value of your particular twist on a human brain interacting with keyboard or touchscreen. That was Facebook’s miracle, getting every college student in America to use its platform during its early years. While there was much technical know-how required in scaling it—and had they fucked that up it would have killed them—that’s not why it succeeded. The uniqueness and complete fickleness of such a miracle are what make investing in consumer-facing apps such a lottery. It really is a user-growth roulette wheel with razor-thin odds. The classic sign of a shitty startup idea is that it requires at least two (or more!) miracles to succeed. This was what was wrong with ours. We had a Bible’s worth of miracles to perform:
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But employee ownership is not just about sharing. It is also, in practice, often about giving. Such schemes depend on someone, usually the proprietor, deciding at some point to transfer ownership of some or all of a company to its employees. And it is this aspect of the ideal, I think, that has the greatest significance for my story. Of all the things I have given, it is arguable that the shares in my company that I gave away had the greatest financial value. In fact, I have rarely thought of this transfer of ownership as a gift, and I would be wrong if I did. The staff had a right to share in the company. Without them, the company would not have been so prosperous (and I am certain that Xansa would never have reached anything like the financial heights it eventually did if it hadn’t been powered by the fuel of staff ownership). But while I never doubted that aspect of the transfer, I did sometimes struggle with a more abstract issue: the fact that transferring ownership also means, ultimately, transferring control. That was the real challenge: surrendering power. Anyone can adjust to having a bit less money; ceding control of an enterprise that really matters to you is, by contrast, painfully counterintuitive. Who in their right mind would entrust an organisation that they have built up against all the odds, through years of tears, toil and sweat, to someone else? What if they mess it up? What if they don’t really understand what it is that you have created? What if they take it in some dangerous new direction, or manage it in a less idealistic way? Yet without that surrender, the most important part of the transaction is lost. A feudal grandee can be as generous as he likes with his wealth and property, but as long as he remains the grandee then his dependants are not empowered: they are merely well-fed. Empowering them means letting go: in other words, ceasing to be the grandee. I have struggled all my life with an instinct to hang on to the things that matter most to me, to control and protect them myself. Yet the art of surrender is, I am convinced, a key to many kinds of success - and fulfilment. And many lives are limited by a failure to master it.
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Stephanie Shirley (LET IT GO : The Entrepreneur Turned Ardent Philanthropist)
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Between 2003 and 2008, Iceland’s three main banks, Glitnir, Kaupthing and Landsbanki, borrowed over $140 billion, a figure equal to ten times the country’s GDP, dwarfing its central bank’s $2.5 billion reserves. A handful of entrepreneurs, egged on by their then government, embarked on an unprecedented international spending binge, buying everything from Danish department stores to West Ham Football Club, while a sizeable proportion of the rest of the adult population enthusiastically embraced the kind of cockamamie financial strategies usually only mooted in Nigerian spam emails – taking out loans in Japanese Yen, for example, or mortgaging their houses in Swiss francs. One minute the Icelanders were up to their waists in fish guts, the next they they were weighing up the options lists on their new Porsche Cayennes. The tales of un-Nordic excess are legion: Elton John was flown in to sing one song at a birthday party; private jets were booked like they were taxis; people thought nothing of spending £5,000 on bottles of single malt whisky, or £100,000 on hunting weekends in the English countryside. The chief executive of the London arm of Kaupthing hired the Natural History Museum for a party, with Tom Jones providing the entertainment, and, by all accounts, Reykjavik’s actual snow was augmented by a blizzard of the Colombian variety. The collapse of Lehman Brothers in late 2008 exposed Iceland’s debts which, at one point, were said to be around 850 per cent of GDP (compared with the US’s 350 per cent), and set off a chain reaction which resulted in the krona plummeting to almost half its value. By this stage Iceland’s banks were lending money to their own shareholders so that they could buy shares in . . . those very same Icelandic banks. I am no Paul Krugman, but even I can see that this was hardly a sustainable business model. The government didn’t have the money to cover its banks’ debts. It was forced to withdraw the krona from currency markets and accept loans totalling £4 billion from the IMF, and from other countries. Even the little Faroe Islands forked out £33 million, which must have been especially humiliating for the Icelanders. Interest rates peaked at 18 per cent. The stock market dropped 77 per cent; inflation hit 20 per cent; and the krona dropped 80 per cent. Depending who you listen to, the country’s total debt ended up somewhere between £13 billion and £63 billion, or, to put it another way, anything from £38,000 to £210,000 for each and every Icelander.
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Michael Booth (The Almost Nearly Perfect People: Behind the Myth of the Scandinavian Utopia)
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Marx discovered the significance of economic power; and it is understandable that he exaggerated its status. He and the Marxists see economic power everywhere. Their argument runs: he who has the money has the power; for if necessary, he can buy guns and even gangsters. But this is a roundabout argument. In fact, it contains an admission that the man who has the gun has the power. And if he who has the gun becomes aware of this, then it may not be long until he has both the gun and the money. But under an unrestrained capitalism, Marx’s argument applies, to some extent; for a rule which develops institutions for the control of guns and gangsters but not of the power of money is liable to come under the influence of this power. In such a state, an uncontrolled gangsterism of wealth may rule. But Marx himself, I think, would have been the first to admit that this is not true of all states; that there have been times in history when, for example, all exploitation was looting, directly based upon the power of the mailed fist. And to-day there will be few to support the naïve view that the ‘progress of history’ has once and for all put an end to these more direct ways of exploiting men, and that, once formal freedom has been achieved, it is impossible for us to fall again under the sway of such primitive forms of exploitation. These considerations would be sufficient for refuting the dogmatic doctrine that economic power is more fundamental than physical power, or the power of the state. But there are other considerations as well. As has been rightly emphasized by various writers (among them Bertrand Russell and Walter Lippmann25), it is only the active intervention of the state—the protection of property by laws backed by physical sanctions—which makes of wealth a potential source of power; for without this intervention, a man would soon be without his wealth. Economic power is therefore entirely dependent on political and physical power. Russell gives historical examples which illustrate this dependence, and sometimes even helplessness, of wealth: ‘Economic power within the state,’ he writes26, ‘although ultimately derived from law and public opinion, easily acquires a certain independence. It can influence law by corruption and public opinion by propaganda. It can put politicians under obligations which interfere with their freedom. It can threaten to cause a financial crisis. But there are very definite limits to what it can achieve. Cæsar was helped to power by his creditors, who saw no hope of repayment except through his success; but when he had succeeded he was powerful enough to defy them. Charles V borrowed from the Fuggers the money required to buy the position of Emperor, but when he had become Emperor he snapped his fingers at them and they lost what they had lent.’ The dogma that economic power is at the root of all evil must be discarded. Its place must be taken by an understanding of the dangers of any form of uncontrolled power. Money as such is not particularly dangerous. It becomes dangerous only if it can buy power, either directly, or by enslaving the economically weak who must sell themselves in order to live.
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Karl Popper (The Open Society and Its Enemies)