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To make an exceptional living with a career as a writer, you need multiple sources of writing income to sustain lifelong earnings. Never depend on only one origin of income as a novelist.
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Chris Mentillo
“
Never depend on single income. Make investment to create a second source.
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Warren Buffett
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Remain independent of any source of income that will deprive you of your personal liberties.
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Texas Bix Bender (Don't Squat With Yer Spurs On!: A Cowboy's Guide to Life)
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Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be.
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Thomas J. Stanley (The Millionaire Next Door: The Surprising Secrets of America's Wealthy)
“
The larger question for the Northwest, where the cities are barely a hundred years old but contain three-fourths of the population, is whether the wild land can provide work for those who need it as their source of income without being ruined for those who need it as their source of sanity.
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Timothy Egan (The Good Rain: Across Time and Terrain in the Pacific Northwest (Vintage Departures))
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England is not the jewelled isle of Shakespeare's much-quoted message, nor is it the inferno depicted by Dr Goebbels. More than either it resembles a family, a rather stuffy Victorian family, with not many black sheep in it but with all its cupboards bursting with skeletons. It has rich relations who have to be kow-towed to and poor relations who are horribly sat upon, and there is a deep conspiracy of silence about the source of the family income. It is a family in which the young are generally thwarted and most of the power is in the hands of irresponsible uncles and bedridden aunts. Still, it is a family. It has its private language and its common memories, and at the approach of an enemy it closes its ranks. A family with the wrong members in control - that, perhaps is as near as one can come to describing England in a phrase.
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George Orwell (Why I Write)
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But I was 22 when I started this job, and you know what? Sometimes it really is okay to just have a fucking job. Not a passion, not a career, but a steadfast source of bi-weekly income deposited directly into a checking account from which food, and medicine, and apps one totally forgot about having downloaded will be paid for.
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Samantha Irby (We Are Never Meeting in Real Life.)
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When women enjoy their own sources of income, and the state guarantees social security in old age, illness, and disability, women have no economic reason to stay in abusive, unfulfilling, or otherwise unhealthy relationships.
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Kristen R. Ghodsee (Why Women Have Better Sex Under Socialism: And Other Arguments for Economic Independence)
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Marriage is not mainly about prospering economically; it is mainly about displaying the covenant-keeping love between Christ and his church. Knowing Christ is more important than making a living. Treasuring Christ is more important than bearing children. Being united to Christ by faith is a greater source of marital success than perfect sex and double-income prosperity.
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John Piper (This Momentary Marriage: A Parable of Permanence)
“
Businesses, like people, should have multiple sources of income.
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Hendrith Vanlon Smith Jr.
“
Hence the uselessness of logic: no one ever convinced anybody by logic; and even logicians use logic only as a source of income. To convince a man, you must appeal to his self-interest, his desires, his will.
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Will Durant (The Story of Philosophy)
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Make no mistake, the privatization of prisons is less about unburdening taxpayers than it is about providing bankrupt communities with sources of income and especially about providing corporations with a captured population available for unpaid labor.
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Toni Morrison (The Source of Self-Regard: Selected Essays, Speeches, and Meditations)
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Using the power of decision gives you the capacity to get past any excuse to change any and every part of your life in an instant. It can change your relationships, your working environment, your level of physical fitness, your income, and your emotional states. It can determine whether you’re happy or sad, whether you’re frustrated or excited, enslaved by circumstances, or expressing your freedom. It’s the source of change within an individual, a family, a community, a society, our world.
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Anthony Robbins (Awaken the Giant Within: How to Take Immediate Control of Your Mental, Emotional, Physical and Financial Destiny!)
“
I held on to those other sources of income for so long because I never wanted to burden my writing with the responsibility of paying for my life.
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Elizabeth Gilbert (Big Magic: Creative Living Beyond Fear)
“
Bad business should be done without guilt if it is a source of income.
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Michael Bassey Johnson (Classic Quotations From The Otherworlds)
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She was going to lose her visa and her only source of income and move back to Canada, where it snowed all the time and people ate moose heart and—
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Ali Hazelwood (The Love Hypothesis)
“
Is this the only way she makes her money?” I asked Officer McCaffrey. As far as he knew, deceit was her sole source of income.
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Rachel DeLoache Williams (My Friend Anna)
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When you allow your entire life to be based around your source of income, you are allowing your entire life to crumble at the loss of that source.
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Shanna Star (Your Career does not Define You: It Merely Defines how You Support Yourself)
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with that characteristic touch of late-Romanov rashness, the government, by ukase of August 22, extended prohibition for the duration of the war. As the sale of vodka was a state monopoly, this act at one stroke cut off a third of the government’s income. It was well known, commented a bewildered member of the Duma, that governments waging war seek by a variety of taxes and levies to increase income, “but never since the dawn of history has a country in time of war renounced the principal source of its revenue.
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Barbara W. Tuchman (The Guns of August)
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When considering the acquisition of new sources of revenue, the business must account for the costs that must be incurred prior to the acquisition, and the costs associated with the maintenance of that source of revenue.
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Hendrith Vanlon Smith Jr.
“
But the ruined South—the war had cost it $13.6 billion—wanted its cotton, its only source of income and still the nation’s major export commodity, amounting to nearly two-thirds of U.S. exports by 1889 and three-quarters of the world’s supply.11
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Myron Magnet (Clarence Thomas and the Lost Constitution)
“
The personality is seldom, in the beginning, what it will be later on. For this reason the possibility of enlarging it exists, at least during the first half of life. The enlargement may be effected through an accretion from without, by new vital contents finding their way into the personality from outside and being assimilated. In this way a considerable increase of personality may be experienced. We therefore tend to assume that this increase comes only from without, thus justifying the prejudice that one becomes a personality by stuffing into oneself as much as possible from outside. But the more assiduously we follow this recipe, and the more stubbornly we believe that all increase has to come from without, the greater becomes our inner poverty. Therefore, if some great idea takes hold of us from outside, we must understand that it takes hold of us only because something in us responds to it and goes out to meet it. Richness of mind consists in mental receptivity, not in the accumulation of possessions. What comes to us from outside, and, for that matter, everything that rises up from within, can only be made our own if we are capable of an inner amplitude equal to that of the incoming content. Real increase of personality means consciousness of an enlargement that flows from inner sources. Without psychic depth we can never be adequately related to the magnitude of our object. It has therefore been said quite truly that a man grows with the greatness of his task. But he must have within himself the capacity to grow; otherwise even the most difficult task is of no benefit to him. More likely he will be shattered by it…
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C.G. Jung
“
As the Knights expanded over the continent—especially after 1885, when they won a major nationwide strike against Jay Gould’s railroad company—worker cooperatives followed in their wake, at least 334 of them between 1880 and 1888 (according to one study),164 in 35 of the 38 states. Many were a response to the depression of 1883–85, when wages were cut an average 15 percent, causing workers to look to other sources for income.165
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Chris Wright (Worker Cooperatives and Revolution: History and Possibilities in the United States)
“
It wasn’t my intent to make you lose your employment.”
Rose waved her hand. “No need to be so modest. You planned it all out brilliantly--getting me fired, cutting off my only source of income, all the while positioning yourself as my hero and savior.”
Declan’s eyebrows came together. “That is brilliant. I wish I would’ve thought of it. Alas, I was simply being charitable to a fellow human being. Brad needed to talk. All I could do was lend him a willing ear.”
Declan the Good Samaritan. She grinned. “You also generously lent him your fist.”
“Well, you didn’t expect me to slap him with an open hand. One simply doesn’t.” Declan smiled back.
”
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Ilona Andrews (On the Edge (The Edge, #1))
“
NeXT and making Jobs its CEO. In the spoof Mike Markkula asked Jobs, “Do you want to spend the rest of your life selling UNIX with a sugarcoating, or change the world?” Jobs responded, “Because I’m now a father, I needed a steadier source of income.” The release noted that “because of his experience at Next, he is expected to bring
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Walter Isaacson (Steve Jobs)
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The destruction of artisanal industries by colonial trade policies did not just impact the artisans themselves. The British monopoly of industrial production drove Indians to agriculture beyond levels the land could sustain. This in turn had a knock-on effect on the peasants who worked the land, by causing an influx of newly disenfranchised people, formerly artisans, who drove down rural wages. In many rural families, women had spun and woven at home while their men tilled the fields; suddenly both were affected, and if weather or drought reduced their agricultural work, there was no back-up source of income from cloth. Rural poverty was a direct result of British actions.
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Shashi Tharoor (An Era of Darkness: The British Empire in India)
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And given that my proposal were carried into effect, the only novelty in it is that, just as the individual in acquiring the ownership of a gang of slaves finds himself at once provided with a permanent source of income, so the state, in like fashion, should possess herself of a body of public slaves, to the number, say, of three for every Athenian citizen.
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Xenophon (On Revenues)
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Democratic lawmakers, who favored treating income the same regardless of its source, collaborated with Republican supply-siders principally interested in lowering tax rates.
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Michael J. Graetz (The Power to Destroy: How the Antitax Movement Hijacked America)
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Remember the three investment strategies: Protect your income; Earn income; Grow your money.
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Andrea Plos (Sources of Wealth)
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Defining freedom in different ways (reducing expectations, increasing sources of income so no one source controls you).
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James Altucher (Reinvent Yourself)
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Never depend on a single income. Make Investments to create a second source.” - Warren Buffet
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Archie Lee
“
The time to develop a multiple income source strategy is not when you run out of money.
Then it will be too late.
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Seth Godin (The Bootstrapper's Bible: How to Start and Build a Business With a Great Idea and (Almost) No Money)
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Table 1-1 Sources of Private Contributions: 2011 Source of Income Amount of Total Giving in Billions Percentage of Total Giving Individuals $217.79 73% Foundations $41.67 14% Bequests $24.41 8% Corporations $14.55 5% Total $298.42 100% Source: Giving USA: The Annual Report on Philanthropy for the Year 2011 (2012). Chicago: Giving USA Foundation. Fundraising for fun and profit
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Stan Hutton (Nonprofit Kit For Dummies)
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Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide by ten. This, less any inherited wealth, is what your net worth should be. For
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Thomas J. Stanley (The Millionaire Next Door: The Surprising Secrets of America's Wealthy)
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If you call yourself an entrepreneur but you haven’t created a stable job for yourself in the context of your business - you’re not an entrepreneur, you’re an unemployed person with sporadic sources of income.
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Hendrith Vanlon Smith Jr.
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Hitler’s royalties—his chief source of income from 1925 on—were considerable when averaged over those first seven years. But they were nothing compared to those received in 1933, the year he became Chancellor. In his first year of office Mein Kampf sold a million copies, and Hitler’s income from the royalties, which had been increased from 10 to 15 per cent after January 1, 1933, was over one million marks (some $300,000), making him the most prosperous author in Germany and for the first time a millionaire.* Except for the Bible, no other book sold as well during the Nazi regime, when few family households felt secure without a copy on the table. It was almost obligatory—and certainly politic—to present a copy to a bride and groom at their wedding, and nearly every school child received one on graduation from whatever school.
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William L. Shirer (The Rise and Fall of the Third Reich: A History of Nazi Germany)
“
My family won't last a month without me.' Lucien chuckled, and I gritted my teeth. 'Do you know what it's like to be hungry?' I demanded, anger rising to devour any common sense. 'Do you know what it's like to not know when your next meal will be?'
Tamlin's jaw tightened. 'Your family is alive and well-cared for. You think so low of faeries that you believe I'd take their only source of income and nourishment and not replace it?
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Sarah J. Maas (A Court of Thorns and Roses (A Court of Thorns and Roses, #1))
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I took some groceries over to Ross and Lori and their kids. They no longer had any source of income, and they were living like refugees trapped in a town that treated them as if they had the plague. No work, no money, no food, so I would try to help when I could. My dad had taught me that when you help others, you are really helping yourself, and it gave my spirits a boost to see the family hang tough while the FLDS tried to crush them.
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Sam Brower (Prophet's Prey: My Seven-Year Investigation into Warren Jeffs and the Fundamentalist Church of Latter-Day Saints)
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By comparing various available sources, it is possible to estimate that the upper decile’s share slightly exceeded 50 percent of US national income on the eve of the financial crisis of 2008 and then again in the early 2010s.
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Thomas Piketty (Capital in the Twenty-First Century)
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The fact that Trump paid no tax came to light when casino regulators issued a public report on his fitness to own a casino. Trump’s tax returns showed negative income. That’s because Congress lets big real estate investors offset their income from salaries, stock market gains, consulting fees, and other income with losses from depreciation in the value of their buildings. If these paper losses for the declining value of their buildings are greater than their cash income from other sources, real estate investors can legally tell the IRS that their income is less than zero and no federal income tax is due. Trump
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David Cay Johnston (The Making of Donald Trump)
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Everything about modern China—from its industrial structure to its food sourcing to its income streams—is a direct outcome of the American-led Order. Remove the Americans and China loses energy access, income from manufactures sales, the ability to import the raw materials to make those manufactures in the first place, and the ability to either import or grow its own food. China absolutely faces deindustrialization and deurbanization on a scale that is nothing less than mythic. It almost certainly faces political disintegration and even de-civilization. And it does so against a backdrop of an already disintegrating demography.
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Peter Zeihan (The End of the World is Just the Beginning: Mapping the Collapse of Globalization)
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Let me remind you again that when you put a book out there, you are a published author in a space where you are an expert. Your book becomes the ultimate business card, not to mention a source of ongoing revenue. Did someone say “ongoing revenue?”. Who does not need to make some extra money on a regular basis? Realize that this book will take some work to complete once, but thereafter it exists forever – working to bring you royalty checks five, ten, twenty years from now. Money will be consistently flowing into your bank account. If you write a good book that provides real value, then you realistically have a revenue stream which will bring income for decades to come.
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Kytka Hilmar-Jezek (Book Power: A Platform for Writing, Branding, Positioning & Publishing)
“
depending on how much nectar it’s found and how much help it has already recruited, a foraging honeybee flies back to the hive and communicates a status update by waggling figure eights on the walls. These torso wags map the exact location of a food source in relation to the sun, as well as its precise distance from the hive. If there are not enough bees outside the hive to exploit the find, the forager bee adds flourishes such as grabbing a hive mate from above and shaking him all over. Not enough workers in-house to process the flood of incoming nectar? The bee will tremble while moving through the hive “with forelegs held aloft like Saint Vitus dancers,” write the entomologists. Signaling
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Susan Pinker (The Village Effect: Why Face-to-face Contact Matters)
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Income is not distributed. It is directly earned in accordance with its value to others and in the light of competition from other available sources of the same services. To advocate a policy of income “redistribution” is to advocate not merely a change in statistical outcomes but a more profound change in the whole process by which people receive pay. The word “redistribution” is very deceptive insofar as it implies that we simply have distribution A today and should change to distribution B in the future. We are talking about collectivizing and politicizing the economic level of each individual. Such a massive institutional change should stand or fall on its own merits, not be quietly drifted into by soothing words or an innocuous prefix like “re-”.
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Thomas Sowell (The Quest for Cosmic Justice)
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Because consumption comes from three sources: income, savings, and borrowings. Stating the obvious, income comes only from income. Our point? FairTax opponents will tell you that the consumption base, the base for national sales tax, isn’t stable and can’t be trusted—but in reality it’s the income tax base that’s unstable and can’t be trusted. The consumption base is much more predictable.
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Neal Boortz (FairTax: The Truth: Answering the Critics)
“
A very different meaning of equality has emerged in the United States in recent decades—equality of outcome. Everyone should have the same level of living or of income, should finish the race at the same time. Equality of outcome is in clear conflict with liberty. The attempt to promote it has been a major source of bigger and bigger government, and of government-imposed restrictions on our liberty.
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Milton Friedman (Free to Choose: A Personal Statement)
“
There was, of course, one other option. Two years earlier Macworld magazine columnist (and former Apple software evangelist) Guy Kawasaki had published a parody press release joking that Apple was buying NeXT and making Jobs its CEO. In the spoof Mike Markkula asked Jobs, “Do you want to spend the rest of your life selling UNIX with a sugarcoating, or change the world?” Jobs responded, “Because I’m now a father, I needed a steadier source of income.” The release noted that “because of his experience at Next, he is expected to bring a newfound sense of humility back to Apple.” It also quoted Bill Gates as saying there would now be more innovations from Jobs that Microsoft could copy. Everything in the press release was meant as a joke, of course. But reality has an odd habit of catching up with satire.
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Walter Isaacson (Steve Jobs)
“
that rotten feeling of antlike industry. There is really no need to belabor the point, since it is obvious to most of us these days that mathematics has taken possession, like a demon, of every aspect of our lives. Most of us may not believe in the story of a Devil to whom one can sell one’s soul, but those who must know something about the soul (considering that as clergymen, historians, and artists they draw a good income from it) all testify that the soul has been destroyed by mathematics and that mathematics is the source of an evil intelligence that while making man the lord of the earth has also made him the slave of his machines. The inner drought, the dreadful blend of acuity in matters of detail and indifference toward the whole, man’s monstrous abandonment in a desert of details, his restlessness, malice, unsurpassed callousness, money-grubbing, coldness, and violence, all so characteristic of our times, are by these accounts solely the consequence of damage done to the soul by keen logical thinking! Even back when Ulrich first turned to mathematics there were already those who predicted the collapse of European civilization because no human faith, no love, no simplicity, no goodness, dwelt any longer in man.
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Robert Musil (The Man Without Qualities)
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But just understand the difference between a man like Reardon and a man like me. He is the old type of unpractical artist; I am the literary man of 1882. He won't make concessions, or rather, he can't make them; he can't supply the market. I--well, you may say that at present, I do nothing; but that's a great mistake, I am learning my business. Literature nowadays is a trade. Putting aside men of genius, who may succeed by mere cosmic force, your successful man of letters is your skilful tradesman. He thinks first and foremost of the markets; when one kind of goods begins to go off slackly, he is ready with something new and appetising. He knows perfectly all the possible sources of income. Whatever he has to sell, he'll get payment for it from all sorts of various quarters; none of your unpractical selling for a lump sum to a middleman who will make six distinct profits.
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George Gissing (New Grub Street)
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In 7.81 square miles of vaunted black community, the 850 square feet of Dum Dum Donuts was the only place in the "community" where one could experience the Latin root of the word, where a citizen could revel in common togetherness. So one rainy Sunday afternoon, not long after the tanks and media attention had left, my father ordered his usual. He sat at the table nearest the ATM and said aloud, to no one in particular, "Do you know that the average household net worth for whites is $113,149 per year, Hispanics $6,325, and black folks $5,677?"
"For real?"
"What's your source material, nigger?"
"The Pew Research Center."
Motherfuckers from Harvard to Harlem respect the Pew Research Center, and hearing this, the concerned patrons turned around in their squeaky plastic seats as best they could, given that donut shop swivel chairs swivel only six degrees in either direction. Pops politely asked the manager to dim the lights. I switched on the overhead projector, slid a transparency over the glass, and together we craned our necks toward the ceiling, where a bar graph titled "Income Disparity as Determined by Race" hovered overhead like some dark, damning, statistical cumulonimbus cloud threatening to rain on our collective parades.
"I was wondering what that li'l nigger was doing in a donut shop with a damn overhead projector.
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Paul Beatty (The Sellout)
“
Do you have enough money in the bank to make it if everything goes wrong?
If you do, congratulations. Go run your business with focus and with confidence. Stick with the high road and do the things you need to realize your business plan.
If not, donʼt despair. You need an alternate plan. A plan that allows you to spend a percent- age of your time each week on low-risk revenue sources. A way to bring in freelance income while you build your core business.
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Seth Godin (The Bootstrapper's Bible: How to Start and Build a Business With a Great Idea and (Almost) No Money)
“
mark-down, which discounts the selling price to customers and, so long as demand is ‘elastic’, results in increased sales of the product line. However, this is an expensive method of selling products, as it reduces the profit achieved on the products. In fact mark-down is the single largest cost to a fashion retail business after the cost of the products themselves. It is worth remembering at this point that the main – and frequently only – source of income for a fashion retailer is the profit from the sales of its products. Less profit per garment means less income to pay its bills. Furthermore, this tactic is less effective when general trading conditions are poor, as the competition is usually doing the same thing. It is vital then that the fashion retailer knows what its customers want and are expecting. Problems in defining and then keeping up with changing customer needs and expectations are arguably the most important factor in successful selling. Large retail businesses like Marks & Spencer
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Tim Jackson (Mastering Fashion Buying and Merchandising Management (Palgrave Master Series))
“
A Christian Entrepreneur's Prayer:
Dear Lord,
Thank you for the freedom to use the gifts you have given me, the wisdom to give them back to you for your glory, and the opportunity to serve you in the marketplace.
Today, I ask for strength to persevere through challenges that may come my way. Help me to rest knowing that you have fought and won every battle on my behalf.
I ask for provision so that my business would be a sustainable source of income for those that are connected to it. I ask for fresh inspiration and creativity so that I can positively impact and change lives.
Help me to run my business with integrity, diligence and compassion so that I can be a lighthouse in my industry and community.
I pray that you would turn the hardships into testimonies of beauty and that favor would follow me everywhere that I go.
Where I am lacking in faith, Father, help my unbelief.
I thank you for the confidence that I can have knowing you hear my prayers and that you will bring me to an expected end.
In Jesus’ name.
Amen.
”
”
Andrena Sawyer
“
By comparing various sources of data, moreover, it is possible to estimate that the average income of the parents of Harvard students is currently about $450,000, which corresponds to the average income of the top 2 percent of the US income hierarchy.32 Such a finding does not seem entirely compatible with the idea of selection based solely on merit. The contrast between the official meritocratic discourse and the reality seems particularly extreme in this case. The total absence of transparency regarding selection procedures should also be noted.33
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Thomas Piketty (Capital in the Twenty-First Century)
“
The essential ingredients of our propaganda model, or set of news "filters,", fall under the following headings: (1) the size, concentrated ownership, owner wealth, and profit orientation of the dominant mass-media firms; (2) advertising as the primary income source of the mass media; (3) the reliance of the media on information provided by government, business, and "experts" funded and approved by these primary sources and agents of power; (4) "flak" as a means of disciplining the media; and (5) "anticommunism" as a national religion and control mechanism.
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Edward S. Herman (Manufacturing Consent: The Political Economy of the Mass Media)
“
My research shows that improving the quality of education is a cost-free way to raise prosperity. it's cost-free because it reinforces so many of the other things we need to keep the virtuous cycle rolling that, ultimately, the increase in economic benefits far outstrips the cost of the investment. Education brings more people into the comfort zone of higher income, which increases trust, then causes people to demand better government, which further increases the trust, which further reduces inequality, which increases the pool of those who will get a good education.
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Paul J. Zak (The Moral Molecule: The Source of Love and Prosperity)
“
It is interesting to note that in nearly all the economics courses it is taught that the income tax is the proper instrument for the regulation of the country’s economy; that private property is not an inalienable right (in fact, there are no inalienable rights); that the economic ills of the country are traceable to the remnants of free enterprise; that the economy of the nation can be sound only when the government manages prices, controls wages, and regulates operations. This was not taught in the colleges before 1913. Is there a relationship between the results of the income tax and the thinking of the professors? There is now a strong movement in this country to bring the publicschool system under federal domination. The movement could not have been thought of before the government had the means for carrying out the idea; that is, before income taxation. The question is, have those who plug for nationalization of the schools come to the idea by independent thought, or have they been influenced by the bureaucrats who see in nationalization a wider opportunity for themselves? We must lean to the latter conclusion, because among the leaders of the movement are many bureaucrats. However, if the movement is successful, if the schools are brought under the watching eye of the federal government, it is a certainty that the curriculum will conform to the ideals of Big Government. The child’s mind will never be exposed to the idea that the individual is the one big thing in the world, that he has rights which come from a higher source than the bureaucracy. Thus, the immunities of property, body and mind have been undermined by the Sixteenth Amendment. The freedoms won by Americans in 1776 were lost in the revolution of 1913.
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”
Frank Chodorov (The Income Tax: Root of All Evil)
“
We had a massive budget shortfall with a structural budget deficit and seemingly no way to close it; the city had been spending at levels way beyond its recurring revenue for years, and the nonrecurring revenue streams were drying up as we entered office, leaving us with no good options. The structural deficit was about $180 million on a roughly $600 million general fund—which meant that if we were to eliminate our debt, we would have to develop or attract new housing and businesses that could generate tax income, identify other sources of revenue, or cut our government by one-third.
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”
Cory Booker (United)
“
Death duties in Harcourt’s time were a comparatively modest 8 percent on estates valued at £1 million or more, but they proved to be such a reliable source of revenue, and so popular with the millions who didn’t have to pay them, that they were raised again and again until by the eve of the Second World War they stood at 60 percent—a level that would make even the richest eyes water. At the same time, income taxes were raised repeatedly and other new taxes invented—the Undeveloped Land Duty, the Incremental Value Duty, the Super Tax—all of which fell disproportionately on those with a lot of land and plummy accents.
”
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Bill Bryson (At Home: A Short History of Private Life)
“
From Smith's principle that labor is the true measure of price—or, as Warren phrased it, that cost is the proper limit of price—these three men (Josiah Warren, Pierre-Joseph Proudhon and Karl Marx) made the following deductions: that the natural wage of labor is its product; that this wage, or product, is the only just source of income (leaving out, of course, gift, inheritance, etc.); that all who derive income from any other source abstract it directly or indirectly from the natural and just wage of labor; that this abstracting process generally takes one of three forms, interest, rent, and profit; that these three constitute the trinity of usury, and are simply different methods of levying tribute for the use of capital; that, capital being simply stored-up labor which has already received its pay in full, its use ought to be gratuitous, on the principle that labor is the only basis of price; that the lender of capital is entitled to its return intact, and nothing more; that the only reason why the banker, the stockholder, the landlord, the manufacturer, and the merchant are able to exact usury from labor lies in the fact that they are backed by legal privilege, or monopoly; and that the only way to secure to labor the enjoyment of its entire product, or natural wage, is to strike down monopoly.
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”
Frank H Brooks (The Individualist Anarchists: Anthology of Liberty, 1881-1908)
“
Think of progressives as a species of religious fundamentalists planning a redemption. Like fundamentalists, they look at the world as fallen – a place corrupted by racism, sexism and class division. But the truly religious understand that we are the source of corruption and that redemption is only possible through the work of a Divinity. In contrast, progressives see themselves as the redeemers, which is why they are so dangerous, because they regard those who oppose them as the eternally damned. Progressives are on a mission to create the kingdom of heaven on earth by redistributing income and using the state to enforce politically correct attitudes and practices in everyone’s life.3
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”
David Kupelian (The Snapping of the American Mind: Healing a Nation Broken by a Lawless Government and Godless Culture)
“
In exchange for some wide-ranging modifications demanded by the socialist government to the church’s 1929 concordat, Italy agreed to underwrite the remainder of the $406 million settlement.53 The changes to the concordat would have once been unthinkable. The church dropped its insistence that Roman Catholicism be the state religion. Moving forward, the state had to confirm church-annulled marriages. Parents were given the right to opt their children out of formerly mandatory religious education classes. And Rome was no longer considered a “sacred city,” a classification that had allowed the Vatican to keep out strip clubs and the porn industry. Italy even managed to get the church to relinquish control of the Jewish catacombs. “The new concordat is another example of the diminishing hold of the Roman Catholic church in civil life in Italy,” noted The New York Times.54 In return, Italy instituted an“eight-per-thousand” tax, in which 0.8 percent of the income tax paid by ordinary Italians was distributed to one of twelve religious organizations recognized by the state. During its early years, nearly 90 percent of the tax went to the Catholic Church (by 2010, the church received less than 50 percent as the tax was more equitably distributed). Not only did the tax relieve Italy of its responsibility for the $135 million annual subsidy it paid for the country’s 35,000 priests, it meant the church had a steady and reliable source of much needed income.55
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Gerald Posner (God's Bankers: A History of Money and Power at the Vatican)
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If only something would happen. Something being the revelation that transfigures existence; works a miraculous presto-chango upon the mundane mortal world - turning the toads and cockroaches back into handsome princes, the Clark Kents into Superman - that calls unexpectedly up on the phone and says: "your name has just been picked from a hat, like a rabbit, and we're giving you a million dollars", - or that announces in a sudden telegram: "Congratulations! Lady Rockerfeller has just died and left you several estates and an enchanted sources of continual private income". But instead, day after day, there are hardboiled eggs instead of frogs legs for breakfast, and doubts and worries buzz and sting like the evils in Pandora's box.
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Sylvia Plath (The Journals of Sylvia Plath)
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The deeper historical sources of the Great Inquisition are best revealed by the other enthusiasms of its devotees: hatred of Franklin D. Roosevelt, implacable opposition to New Deal reforms, desire to banish or destroy the United Nations, anti-Semitism, Negrophobia, isolationism, a passion for the repeal of the income tax, fear of poisoning by fluoridation of the water system, opposition to modernism in the churches. McCarthy’s own expression, “twenty years of treason,” suggested the long-standing grievances that were nursed by the crusaders, though the right-wing spokesman, Frank Chodorov, put it in better perspective when he said that the betrayal of the United States had really begun in 1913 with the passage of the income-tax amendment.
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Richard Hofstadter (Anti-Intellectualism in American Life)
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Much of the so-called environmental movement today has transmuted into an aggressively nefarious and primitive faction. In the last fifteen years, many of the tenets of utopian statism have coalesced around something called the “degrowth” movement. Originating in Europe but now taking a firm hold in the United States, the “degrowthers,” as I shall characterize them, include in their ranks none other than President Barack Obama. On January 17, 2008, Obama made clear his hostility toward, of all things, electricity generated from coal and coal-powered plants. He told the San Francisco Chronicle, “You know, when I was asked earlier about the issue of coal . . . under my plan of a cap and trade system, electricity rates would necessarily skyrocket. . . .”3 Obama added, “. . . So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them because they’re going to be charged a huge sum for all the greenhouse gas that’s being emitted.”4 Degrowthers define their agenda as follows: “Sustainable degrowth is a downscaling of production and consumption that increases human well-being and enhances ecological conditions and equity on the planet. It calls for a future where societies live within their ecological means, with open localized economies and resources more equally distributed through new forms of democratic institutions.”5 It “is an essential economic strategy to pursue in overdeveloped countries like the United States—for the well-being of the planet, of underdeveloped populations, and yes, even of the sick, stressed, and overweight ‘consumer’ populations of overdeveloped countries.”6 For its proponents and adherents, degrowth has quickly developed into a pseudo-religion and public-policy obsession. In fact, the degrowthers insist their ideology reaches far beyond the environment or even its odium for capitalism and is an all-encompassing lifestyle and governing philosophy. Some of its leading advocates argue that “Degrowth is not just an economic concept. We shall show that it is a frame constituted by a large array of concerns, goals, strategies and actions. As a result, degrowth has now become a confluence point where streams of critical ideas and political action converge.”7 Degrowth is “an interpretative frame for a social movement, understood as the mechanism through which actors engage in a collective action.”8 The degrowthers seek to eliminate carbon sources of energy and redistribute wealth according to terms they consider equitable. They reject the traditional economic reality that acknowledges growth as improving living conditions generally but especially for the impoverished. They embrace the notions of “less competition, large scale redistribution, sharing and reduction of excessive incomes and wealth.”9 Degrowthers want to engage in polices that will set “a maximum income, or maximum wealth, to weaken envy as a motor of consumerism, and opening borders (“no-border”) to reduce means to keep inequality between rich and poor countries.”10 And they demand reparations by supporting a “concept of ecological debt, or the demand that the Global North pays for past and present colonial exploitation in the Global South.”11
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Mark R. Levin (Plunder and Deceit: Big Government's Exploitation of Young People and the Future)
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With this definition of “evil” in mind, it is the purpose of this book to show that many laws and governmental practices are impregnated with it, and to trace this wholesale infringement of our rights to the power acquired by the federal government in 1913 to tax our incomes—the Sixteenth Amendment. That is the “root.” Furthermore, proof will be offered to support the proposition that the “evil” has reached the point where the doctrine of natural rights has been all but abrogated in fact, if not in theory. As a consequence, the kind of government we are acquiring is distinctly different from that envisaged by the Founding Fathers; it is fast becoming a government that conceives itself to be the source of rights, which it gives and can recall at its own pleasure. The transformation is not yet complete, but it will be seen as we go along that completion is not far off—if nothing is done to prevent it.
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Frank Chodorov (The Income Tax: Root of All Evil)
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The immorality of those families whose children are burnt alive on motor ways. They have money heaped on them by social welfare institutions and they go and spend it on consumer goods, which the right-thinking regard as sordid. But they have never had to see their kids die before they could buy a car and, hence, have never felt the need to send them off for inexpensive holidays on those coaches which, as if by chance, always have fatal accidents. The immorality of those who eat their children in hard cash merely corre sponds to the immorality of the social institution which recompenses their death.
Everything in this vicious circle is abject: chance, which kills the poorest children, social charity which turns their deaths into a source of income, the parents who benefit from it to enjoy a short spell of wealth and decent society which stigma tizes them, for rumour does not condemn them at all for their indiscreet behaviour but for not handling the money rationally by putting it in the bank, for example, but instead spending it unscrupulously, thus verifying that they were indeed the victims of a divine justice. The whole of the social is there in its logical abjection. It is the poor who die and it is they who deserved to. It is this mediocre truth, this mediocre fatality which we know as 'the social'. Which amounts to saying that it only exists for its victims. Wretched in its essence, it only affects the wretched. It is itself a disinherited concept and it can only serve to render destitution complete. Nietzsche is right: the social is a concept, a value made by slaves for their own use, beneath the scornful gaze of their masters who have never believed in it. This can be clearly seen in all the so-called social reforms which inescapably turn against the intended beneficiaries. The reforms strike those whom they should save. This is not a perverse effect. Nature herself conforms to this willingly and catastrophes have a preference for the poor. Has a catastrophe ever been seen which directly strikes the rich - apart perhaps from the burial of Pompeii and the sinking of the Titanic ?
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Jean Baudrillard (Cool Memories)
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Ultimately, the World Top Incomes Database (WTID), which is based on the joint work of some thirty researchers around the world, is the largest historical database available concerning the evolution of income inequality; it is the primary source of data for this book.24 The book’s second most important source of data, on which I will actually draw first, concerns wealth, including both the distribution of wealth and its relation to income. Wealth also generates income and is therefore important on the income study side of things as well. Indeed, income consists of two components: income from labor (wages, salaries, bonuses, earnings from nonwage labor, and other remuneration statutorily classified as labor related) and income from capital (rent, dividends, interest, profits, capital gains, royalties, and other income derived from the mere fact of owning capital in the form of land, real estate, financial instruments, industrial equipment, etc., again regardless of its precise legal classification). The WTID contains a great deal of information about the evolution of income from capital over the course of the twentieth century. It is nevertheless essential to complete this information by looking at sources directly concerned with wealth. Here I rely on three distinct types of historical data and methodology, each of which is complementary to the others.25 In the first place, just as income tax returns allow us to study changes in income inequality, estate tax returns enable us to study changes in the inequality of wealth.26 This
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Thomas Piketty (Capital in the Twenty-First Century)
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As the biggest property owners of the middle ages the Church underwent the same process as the rest of the landed proprietors. In order to use agricultural production as a source of money they ruined the peasant class, seized their common woods and meadows for themselves, and either drove the peasants from the land or squeezed them in the most pitiless manner. Life was no longer easy under the crozier. The growing lust for property led the Church to limit their alms to the poor. Their income in kind, the surplus of which they had earlier gladly given away as they could not consume it themselves, had now become saleable commodities, and the greed for profits that this aroused seized the Church too.
If this made the Church more and more hated by the peasant class, it also failed to win the friendship of the rising bourgeoisie. However much it neglected the care of the poor, it could not give it up entirely without losing its last hold on the masses. To a certain extent it still formed a line of defense against the impoverishment of the masses, whose proletarianization could not be carried through quickly enough, as far as capital was concerned. The propertyless were still not delivered bound hand and foot to capitalist exploitation as long as they received alms, however miserable, from the Church. Moreover the religious holidays were a thorn in the flesh of the burgeoning towns. The more numerous they grew, the more they contradicted the capitalist wisdom according to which the worker does not work to live, but rather lives to work.
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Franz Mehring (Absolutism and Revolution in Germany, 1525-1848)
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The 12 Principles of Permaculture Investing are:
1. Accumulate & Compound Capital: Consistently save and invest to grow your capital base over time, leveraging the power of compound interest.
2. Utilize Capital: Actively deploy your capital into productive investments that generate returns, rather than letting it sit idle.
3. Retain Maximum & Gradiented Liquidity: Maintain a balance between liquid assets (easily accessible cash) and less liquid investments, ensuring you can meet immediate needs while still investing for the long term.
4. Actively Manage Passive: While focusing on passive income sources, actively monitor and adjust your investments to optimize returns and mitigate risks.
5. Prioritize Long-Term Growth: Focus on investments that offer potential for significant growth over the long term, even if they don't provide immediate high yields.
6. Prioritize Consistent Yields: Balance your portfolio with investments that provide reliable, consistent income to support your financial needs.
7. Add Net Value to all Stakeholders: Invest in ways that benefit not only yourself but also the broader community, environment, and all parties involved.
8. Provide Authentic Data: Be transparent and honest in your financial reporting, providing accurate information to all stakeholders.
9. Collect & Utilize Authentic Data: Base your investment decisions on reliable, verified data rather than speculation or rumors.
10. Diversify Holistically: Diversify your investments across different asset classes, industries, and geographical regions to reduce risk and maximize potential returns.
11. Harvest Yields Equitably: Distribute profits fairly among all stakeholders, ensuring everyone benefits from the investment's success.
12. Reinvest Yields in Most Profitable Assets: Continuously evaluate your portfolio and reinvest profits into the most promising opportunities to further compound your growth.
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Hendrith Vanlon Smith Jr.
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You are claiming that the Soviet authorities began and influenced the existence of the Democratic Party [in Iran]. That is the basis of all your statements. The simplest way to discredit your absurd claim si to tell you about Iran, of which you are apparently ignorant. The people of Iran are oppressed, poverty-stricken, and miserable with hunger and disease. Their death rate is among the highest in the world, and their infant mortality rate threatens Iran with complete extinction. They are ruled without choice by feudalistic landowners, ruthless Khans, and venal industrialists. The peasants are slaves and the workers are paid a few pennies for a twelve hour day--not enough to keep their families in food. I can quote you all the figures you like to support these statements, quote them if necessary from British sources. I can also quote you the figures of wealth which is taken out of Iran yearly by the Anglo-Iranian Oil Company, of which the British Governemtn is the largest shareholder. 200 million pounds sterling have been taken out of Iran by your Oil company: a hundred times the total amount of Iran's national income and ten thousand times the total national income of the working people of Iran. By such natural resources as oil, Iran is by nature one of the wealthiest countries on earth. That wealth goes to Britain, while Iran remains poverty-ridden and without economic stability at all. It has no wage policies, no real trade unions, few hospitals, no sanitation and drainage, no irrigation, no proper housing, and no adequate road system. Its people have no rights before the law; their franchise in non-existent, and their parliamentary rights are destroyed by the corrupt method of election and political choice. The Iranian people suffer the terrors of a police regime, and they are prey to the manipulations of the grain speculators and the money operators. The racial minorities suffer discrimination and intolerance, and religious minorities are persecuted for political ends. Banditry threatens the mountain districts, and British arms have been used to support one tribe against another. I could go on indefinitely, painting you a picture of misery and starvation and imprisonment and subjection which must shame any human being capable of hearing it. Yet you say that the existence of a Democratic Party in Iran has been created by the Soviet authorities. You underestimate the Iranian people, Lord Essex! The Democratic Party has arisen out of all this misery and subjection as a force against corruption and oppression. Until now the Iranian people have been unable to create a political party because the police system prevented by terror and assassination. Any attempt to organize the workers and peasants was quickly halted by the execution of party leaders and the vast imprisonment of its followers. The Iranian people, however, have a long record of struggle and persistence, and they do not have to be told by the Soviet Union where their interests lie. They are not stupid and they are not utterly destroyed. They still posses the will to organize a democratic body and follow it into paths of Government. The Soviet Union has simply made sure that the police assassins did not interfere.... To talk of our part in 'creating' the democratic movement is an insult to the people and a sign of ignorance. We do not underestimate the Iranian people, and as far as we are concerned the Democratic Party...belongs to the people. It is their creation and their right, and it cannot be broken by wild charges which accuse the Soviet Union of its birth. We did not create it, and we have not interfered in the affairs of Iran. On the contrary, it is the British Government which has interfered continuously and viciously in Iran's affairs.
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James Aldridge (The Diplomat)
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The vast majority of people will never find a job that can be an unending source of fulfillment, so that is not the goal here; to free time and automate income is.
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Timothy Ferriss (The 4-Hour Workweek)
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I never believed in writer’s block. I always thought of it as a myth, an excuse. I told people that when writing is your bread and butter, your only source of income, writer’s block is a luxury you can’t afford. Whoever heard of a bricklayer getting bricklayer’s block? Or a bus driver getting bus driver’s block?
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Marc Ciccarone (DOA III)
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Many millions of people still live below each of the social foundation’s dimensions. Worldwide, one person in nine does not have enough to eat. One in four lives on less than $3 a day, and one in eight young people cannot find work. One person in three still has no access to a toilet and one in eleven has no source of safe drinking water. One child in six aged 12–15 is not in school, the vast majority of them girls. Almost 40 percent of people live in countries in which income is distributed highly unequally.
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Kate Raworth (Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist)
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A complete meritocratic accounting of earned advantage is more expansive than this and traces income through its shallow sources back to its deep roots—to reveal that some income nominally attributed to capital in fact originates in labor and therefore should be counted as earned through effort, skill, and industry. An entrepreneur who sells founder’s shares in her firm, an executive who realizes appreciation after being paid in stock, and a hedge fund manager who gets paid a “carried interest” share of profits on funds she invests (but does not own) all report capital gains income on their tax returns. But all these types of income ultimately reflect returns to the founder’s, the executive’s, or the manager’s labor and, the meritocrat insists, are on this account earned. A similar analysis applies to pensions and owner-occupied housing. All this income is earned in a way that distinguishes it from the true capital income of the hereditary rentier who lives, at leisure, from returns on an inherited patrimony. Regardless of what the tax accounts say, therefore, accurate meritocratic accounting attributes all these types of income not to capital but to labor.
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Daniel Markovits (The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite)
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All these complexities point to the same, simple conclusion. The traditional way of thinking about the conflict between the rich and the rest—as a battle between capital and labor—no longer captures what is really going on. Instead, the dominant sources of individual top incomes lie in superordinate labor. The overwhelmingly greater part of the recent increase in the top 1 percent’s aggregate income share is attributable not to a shift of overall income away from labor and in favor of capital, but rather to a shift within labor income, away from the middle class and in favor of elite workers. The working rich have risen by fundamentally transforming class conflict and then winning the new battle between elite and middle-class labor. The claim that meritocratic inequality reflects earned advantage may ultimately be a moral error. But it rests on economic facts.
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Daniel Markovits (The Meritocracy Trap: How America's Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite)
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Page 207
In the inner cities of all the major metropolitan areas across the United States, ethnic Koreans represent an increasingly glaring market-dominant minority vis-à-vis the relatively economically depressed African-American majorities around them. In New York City, Koreans, less than .1 percent of the city’s population, own 85 percent of produce stands, 70 percent of grocery stores, 80 percent of nail salons, and 60 percent of dry cleaners. In portions of downtown Los Angeles, Koreans own 40 percent of the real estate but constitute only 10 percent of the residents. Korean-American businesses in Los Angeles County number roughly 25,000, with gross sales of $4.5 billion. Nationwide, Korean entrepreneurs have in the last decade come to control 80 percent of the $2.5 billion African-American beauty business, which—“like preaching and burying people”—historically was always a “black” business and a source of pride, income, and jobs for African-Americans. “They’ve come in and taken away a market that’s not rightfully theirs,” is the common, angry view among inner-city blacks.
Page 208
At a December 31, 1994, rally, Norman “Grand Dad” Reide, vice president of Al Sharpton’s National Action Network, accused Koreans of “reaping a financial harvest at the expense of black people” and recommended that “we boycott the bloodsucking Koreans.” More recently, in November 2000, African-Americans firebombed a Korean-owned grocery store in northeast Washington, D.C. The spray-painted message on the charred walls: “Burn them down, Shut them down, Black Power!
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Amy Chua (World on Fire: How Exporting Free Market Democracy Breeds Ethnic Hatred and Global Instability)
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The first victims of a political search for scapegoats are those who are visible, easily demonized, but powerless to defend themselves. The illegal immigrant or the foreign worker do not vote, but they are essential to the economy—the former because they often do jobs no one else will touch in normal times, and the latter because they are the source of the cheap imports that have raised the standard of living for all, but especially those with low incomes. There has to be a better way . . .”9
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Raghuram G. Rajan (The Third Pillar: How Markets and the State Leave the Community Behind)
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A second precondition that enormously increases the likelihood that people will respond to feelings of shame by means of violence is that they do not perceive themselves as having non-violent means by which to maintain or restore their self-esteem and self-respect. Most of us have such means, such as education, knowledge, skills, and achievements that are honored and respected by others and by ourselves; a profession or career, and some standing or status in the community and with one's family and friends.
It is also important not to underestimate the degree to which the self-esteem of many if not most people, in the very materialist, capitalist culture in which we have all been raised and in which we have to live, is dependent on having whatever minimal degree of wealth or income they need in order to feel that their "net worth" (in the accountant's sense) reinforces their sense of "self-worth" (in the psychological sense).
The people who become violent criminals, and end up in prison, are notably lacking in all of those non-violent sources of self-esteem: they are overwhelmingly poor, uneducated (many are illiterate), lacking in any skills that they or others could respect, and of the lowest possible social and economic status in society. As the poor, they are lower class; and as members of minority groups (which often means people of color) they are of lower caste (which increases the risk that they will be poor, or lower class, as well). So when they are shamed they do not have enough non-violent internal or external sources of self-esteem with which to compensate. Violence is their last resort in the literal sense that it is their last resource.
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James Gilligan (Preventing Violence (Prospects for Tomorrow))
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It is difficult not to feel inferior when one is poor when others are rich, especially in a society that equates self-worth with net worth; and it is difficult not to feel rejected and worthless if one cannot get or hold a job while others continue to be employed. Of course, most people who lose jobs or income do not commit murders as a result; but there are always some men who are just barely maintaining their self-esteem at minimally tolerable levels even when they do have jobs and incomes. And when large numbers of them lose those sources of self-esteem, the number who explode into homicidal rage increases as measurably, regularly, and predictably as any epidemic does when the balance between pathogenic forces and the immune system is altered.
And those are not just statistics. I have seen many individual men who have responded in exactly that way under exactly these circumstances. For example, one African-American man was sent to the prison mental hospital I directed in order to have a psychiatric evaluation before his murder trial. A few months before that, he had had a good job. Then he was laid off at work, but he was so ashamed of this that he concealed the fact from his wife (who was a schoolteacher) and their children, going off as if to work every morning and returning at the usual time every night. Finally, after two or three months of this, his wife noticed that he was not bringing in any money. He had to admit the truth, and then his wife fatally said, "What kind of man are you? What kind of man would behave this way?"
To prove that he was a man, and to undo the feeling of emasculation, he took out his gun and shot his wife and children. (Keeping a gun is, of course, also a way that some people reassure themselves that they are really men.) What I was struck by, in addition to the tragedy of the whole story, was the intensity of the shame he felt over being unemployed, which led him to go to such lengths to conceal what had happened to him.
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James Gilligan (Preventing Violence (Prospects for Tomorrow))
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Another source of evidence that violence can be prevented comes from the experience of those religious sub-cultures that practice "primitive Christian communism," such as the Anabaptist sects — the Hutterites, Amish, and Mennonites. These are classless societies with essentially no inequities of income or wealth and virtually no private property, since they pool their economic resources and share them equally. They also experience virtually no physical violence, either individual or collective.
The Hutterites, for example, since emigrating from eastern Europe to escape religious persecution around 1874, have lived in communal farms in southern Canada and the north-mid western United States for more than a century. As strict pacifists, that was their only alternative to extermination. Thus, they have no history of collective violence (warfare). They "consider themselves to live the only true form of Christianity, one which entails communal sharing of property and cooperative production and distribution of goods," as Kaplan and Plaut described them in Personality in a Communal Society (1955).
That is, they conform to the pattern of the earliest Christian communities, as described in the Acts of the Apostles (2: 44-45): "all that believed were together, and had all things common; And sold their possessions and goods, and parted them to all men, as every man had need." As a result, the Hutterites experienced "virtually no differentiation of class, income, or standard of living... This society comes as close as to being classless as any we know." (Kaplan and Plaut).
An intensive review by medical and social scientists of their well-documented behavioral history and vital statistics during the century since their arrival in North America reported that "We did not find a single case of murder, assault or rape. Physical aggressiveness of any sort was quite rate." (Eaton and Weil, Culture and Mental Disorders, 1955.) Hostetler, writing twenty years later, reported that there still had not been a single homicide in the 100 years since the Hutterites entered North America, and only one suicide in a population of about 21,000 (Hutterite Society, 1974).
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James Gilligan (Preventing Violence (Prospects for Tomorrow))
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There will be those who say that solutions such as wealth taxes have been tried before and failed, but that is not necessarily that the solutions are wrong, but because another innovation or strategy provides another way to reduce taxes.
The solution to taxation is to allow incentives to encourage ingenuity and innovation and to match those positive characteristics with the desire to eliminate gross disparities in income and wealth.
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Wayne D. Armitstead (Capitalism Perverted: Exposing The Sources of Income Inequality)
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Welcome to the Haryana tenders website! Tenders info is regarded as one of the most reliable sources for Haryana tenders knowledge across all industries, authorities, municipalities, public and private tenders. Haryana is India's fifth most prosperous state in terms of per capita income. IT, manufacturing, agriculture, and the dairy industry are all significant contributors to the state's economy.
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tender detail
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Think about it: Where are the redundancies in your own life? Where’s the emergency brake or the spare tire in your company? How will you deal with the loss of a valuable team member, a critical distributor, or an important client? What will you do if your household loses a source of income? The system must be designed to continue operating even if a component fails.
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Ozan Varol (Think Like a Rocket Scientist: Simple Strategies You Can Use to Make Giant Leaps in Work and Life)
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What is Outsourcing?
"Outsourcing" is the short form of the English word Outside Resourcing.
The term outsourcing was first coined around 1989 and was first seen as a business strategy. Later in the 1990s, this subject was included as an important component of business economics. Since then people started to have various interests in outsourcing.
Out means 'Outside' and source means 'Source'.
In other words, the whole meaning of Outsourcing is "to bring work from an external source".
Here are the key aspects of outsourcing:
1. Opportunities: It can encompass a wide range of functions including customer support, information technology services, human resources functions, manufacturing, accounting, marketing, and more.
2. Benefits: Outsourcing offers several benefits including cost savings, access to specialized skills and technology, increased efficiency, scalability, and ability to focus on core competencies.
3. Global Reach: Outsourcing is not restricted by geographical boundaries. That's why companies can engage service providers from around the world to access global talent pools and cost advantages.
4. Types of Outsourcing: Outsourcing can be divided into several categories. Such as Business Process Outsourcing (BPO), Information Technology Outsourcing (ITO), Knowledge Process Outsourcing (KPO), and many more depending on the nature of the service being outsourced.
5. Challenges: Although outsourcing can offer many benefits. It also presents challenges related to data security, communication, cultural differences, and the need for effective management of outsourcing relationships.
6. Outsourcing model: Companies can choose from several outsourcing models, including offshoring (outsourcing to a service provider in another country), nearshoring (outsourcing to a service provider in a nearby country), and onshoring (outsourcing to a service provider within the same country).
Outsourcing means the process of taking the work of an organization or company from an external source. For example – “You Can't find any qualified person within the company to do a job in your company. So you offer some money to an outside freelancer to do the job and he agrees to do the job. Well, that's called outsourcing”.
Simply put, outsourcing is basically the payment you pay a freelancer to do the work they are good at.
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Bhairab IT Zone
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What kinds of Work will You do in Freelancing?
What kind of work will you do in Freelancing? And to understand the type of work in freelancing, You need to have a clear idea of what freelancing is. There is no specific type of freelancing, it can be of many types, such as -
Freelance Photography, Freelance Journalism, Freelance Writer, Freelance Data Entry, Freelance Logo Designer, Freelance Graphics Designer etc. There's no end to the amount of work you can do with freelancing.
The most interesting thing is that you are everything in this process. There is no one to twirl over your head, you are the boss here. Even here there is no obligation to work from 9-5.
Today I discuss some freelancing tasks that are popular in the freelancing sector or are done by many freelancers. For example:
Data Entry: It wouldn't be too much of a mistake to say that data entry is the easiest job. Rather, it can be said without a doubt that data entry is more difficult than any other job. Data entry work basically means typing. This work is usually provided as a PDF file and is described as a 'Word type work'.
Any employee can take a data entry job as a part-time job for extra income at the end of his work.
Graphics Design: One of the most popular jobs in the freelancing world is graphic design. The main reasons for the popularity of this work are its attractiveness and simplicity. Everything we see online is contributed by graphics.
For example, Cover pages, Newspaper, Book cover pages, advertisements and Photographs, Editing or changing the background of a picture or photo, Creating banners for advertising, Creating visiting cards, Business cards or leaflets, Designed for webpages known as (PhD), T-shirt designing, Logo designing, Making cartoons and many more.
Web Design and Development: 'Web design' or 'Site design' are used interchangeably. The most important job of freelancing is web design. From the simplest to the most difficult aspects of this work, almost all types of work are done by freelancers.
There are many other themes like WordPress, Elementor, Joomla, and DV that can be used to create entire sites. Sometimes coding is required to create some sites. If the web designer has coding experience or skills then there is no problem, and if not then the site creation should be done by programmers.
Programming: Programming means writing some signals, codes, or symbols into a specific system. And its job is to give different types of commands or orders to the computer.
If you give some command to the computer in Bengali or English, the computer will not understand it. For that want binary code or number. Just as any book is written in English, Hindi, Japanese Bengali, etc. every program is written in some particular programming language like C++, Java, etc.
The written form of the program is called source code. A person who writes source code is called a programmer, coder, or developer. While writing the program, the programmer has to follow the syntax or grammar of that particular programming language.
Other work: Apart from the above jobs, there are various other types of jobs that are in high demand in the freelancing sector or market. The tasks are:
Writing,
Article or blog post writing
SEO Marketing,
Digital marketing,
Photo, Audio, Video Editing,
Admin jobs,
Software development,
Translation,
Affiliate marketing,
IT and Networking etc.
Please Visit Our Blogging Website to read more Articles related to Freelancing and Outsourcing, Thank You.
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Bhairab IT Zone
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Freelancing and Creativity -
In Freelancing, doing a job in different ways is called creativity. The importance of creativity is immense among all that is required for freelancing work because creativity is the main thing of freelancing.
It is difficult to give an exact definition of creativity. Because there is no end to creativity. In the case of some, creativity or the development of creativity begins to manifest naturally, while for some it manifests through talent, practice, and practice.
Creativity is basically a mental process that is the result of positive thinking, perseverance, and high analytical ability.
Just as it takes practice, practice, and dedication to develop this creativity, there is a high chance that this creativity will be wasted if it is not properly used or applied.
Below are the causes of creativity loss and ways to increase Creativity:
** Reasons for loss of Creativity -
Lack of focus on work – Creativity does not arise if there is no focus on work, to complete a task properly, there must be focus on it.
Irregular sleep – the brain does not work properly if you do not sleep properly, repeated sleep disturbances can also cause many mental problems that hinder creativity.
Suffering from indecisiveness – Having too many negative thoughts running through your head while doing a task can also hamper creativity. For example: if the work is going well, if the client likes it, if the client doesn't like it, if the client doesn't pay, etc.
Fear of not succeeding at work – Many people rush to work for quick cash income, but it does not work properly or on the contrary, more creativity is lost, which results in payment time problems. As a result, the fear of not succeeding enters the freelancer.
** Ways to Increase Creativity -
Dietary discipline – Of course, there is no substitute for healthy eating. Consuming regular meals maintains mental and physical well-being which in turn enhances creativity.
Gaining knowledge from nature – Nature is the main source of knowledge. All the sages and poets in the world were worshipers of nature. All of them could see something extraordinary in the ordinary things of this nature. Try to see it that way.
From everyday events – notice what is happening around you. You can get new ideas from it, for example, you can get an idea on any subject by reading a book, and new ideas can be invented while watching TV or watching newspaper advertisements.
Write down ideas – We all have something going on in our heads all the time, either mainly through thought or sensory processing. So whenever you get an idea, note it down so that you don't forget to read it.
So, creativity is created by the combination of ideas and skills. Freelancing is unthinkable without this creativity because to do freelancing you must have a clear idea about something or acquire full skill in that subject.
Please Visit Our Blogging Website to read more Articles related to Freelancing and Outsourcing, Thank You.
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Bhairab IT Zone
“
As the modern era came into being, the avarice of the usurer was supplanted by interest in the broader and more abstract sense of a share or stake. This new concept of interest was ethically wide-ranging: it ‘came to cover virtually the entire range of human actions, from the narrowly self-centered to the sacrificially altruistic, and from the prudently calculated to the passionately compulsive’.49 The seventeenth-century English statesman and philosopher Lord Shaftesbury summed up the new thinking with his comment that ‘Interest governs the World.’50 In his Fable of the Bees (1714), Bernard Mandeville exposed the paradox at the heart of the modern world, namely that private vices brought public benefits. Adam Smith incorporated Mandeville’s wicked insights into his political economy. In The Wealth of Nations, Smith describes the individual as one who ‘By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.’51 A similar thought is expressed in another famous line, in which Smith writes that ‘It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.’ The spirit of capitalism was transmitted across networks of credit that connected lenders and borrowers through bonds of mutual self-interest.52 Daniel Defoe described credit as a ‘stock’, synonymous with capital, while the French in Defoe’s day referred to capital as ‘interest’, in the sense of taking a stake.fn6 From a technical viewpoint, capital consists of a stream of future income discounted to its present value. Without interest, there can be no capital. Without capital, no capitalism. Turgot, a contemporary of Adam Smith’s, understood this very well: ‘the capitalist lender of money,’ he wrote, ‘ought to be considered as a dealer in a commodity which is absolutely necessary for the production of wealth, and which cannot be at too low a price.’53 (Turgot exaggerated. As we shall see, interest at ‘too low a price’ is the source of many evils.)
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Edward Chancellor (The Price of Time: The Real Story of Interest)
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She’s obviously done with me, except as a source of income. She’s not going to change, and she’s still young and beautiful enough to hurt countless people. Maybe I really should kill her, just to remove her from the world.
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Peter Swanson (The Kind Worth Killing)
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Freelancing and Creativity
In Freelancing, doing a job in different ways is called creativity. The importance of creativity is immense among all that is required for freelancing work because creativity is the main thing of freelancing.
It is difficult to give an exact definition of creativity. Because there is no end to creativity. In the case of some, creativity or the development of creativity begins to manifest naturally, while for some it manifests through talent, practice, and practice.
Creativity is basically a mental process that is the result of positive thinking, perseverance, and high analytical ability.
Just as it takes practice, practice, and dedication to develop this creativity, there is a high chance that this creativity will be wasted if it is not properly used or applied.
Below are the causes of creativity loss and ways to increase Creativity:
** Reasons for loss of Creativity -
1. Lack of focus on work – Creativity does not arise if there is no focus on work, to complete a task properly, there must be focus on it.
2. Irregular sleep – the brain does not work properly if you do not sleep properly, repeated sleep disturbances can also cause many mental problems that hinder creativity.
3. Suffering from indecisiveness – Having too many negative thoughts running through your head while doing a task can also hamper creativity. For example: if the work is going well, if the client likes it, if the client doesn't like it, if the client doesn't pay, etc.
4. Fear of not succeeding at work – Many people rush to work for quick cash income, but it does not work properly or on the contrary, more creativity is lost, which results in payment time problems. As a result, the fear of not succeeding enters the freelancer.
** Ways to Increase Creativity -
1. Dietary discipline – Of course, there is no substitute for healthy eating. Consuming regular meals maintains mental and physical well-being which in turn enhances creativity.
2. Gaining knowledge from nature – Nature is the main source of knowledge. All the sages and poets in the world were worshipers of nature. All of them could see something extraordinary in the ordinary things of this nature. Try to see it that way.
3. From everyday events – notice what is happening around you. You can get new ideas from it, for example, you can get an idea on any subject by reading a book, and new ideas can be invented while watching TV or watching newspaper advertisements.
4. Write down ideas – We all have something going on in our heads all the time, either mainly through thought or sensory processing. So whenever you get an idea, note it down so that you don't forget to read it.
So, creativity is created by the combination of ideas and skills. Freelancing is unthinkable without this creativity because to do freelancing you must have a clear idea about something or acquire full skill in that subject.
”
”
Bhairab IT Zone
“
What kinds of Work will You do in Freelancing?
What kind of work will you do in Freelancing? And to understand the type of work in freelancing, You need to have a clear idea of what freelancing is. There is no specific type of freelancing, it can be of many types, such as -
Freelance Photography, Freelance Journalism, Freelance Writer, Freelance Data Entry, Freelance Logo Designer, Freelance Graphics Designer etc. There's no end to the amount of work you can do with freelancing.
The most interesting thing is that you are everything in this process. There is no one to twirl over your head, you are the boss here. Even here there is no obligation to work from 9-5.
Today I discuss some freelancing tasks that are popular in the freelancing sector or are done by many freelancers. For example:
Data Entry: It wouldn't be too much of a mistake to say that data entry is the easiest job. Rather, it can be said without a doubt that data entry is more difficult than any other job. Data entry work basically means typing. This work is usually provided as a PDF file and is described as a 'Word type work'.
Any employee can take a data entry job as a part-time job for extra income at the end of his work.
Graphics Design: One of the most popular jobs in the freelancing world is graphic design. The main reasons for the popularity of this work are its attractiveness and simplicity. Everything we see online is contributed by graphics.
For example, Cover pages, Newspaper, Book cover pages, advertisements and Photographs, Editing or changing the background of a picture or photo, Creating banners for advertising, Creating visiting cards, Business cards or leaflets, Designed for webpages known as (PhD), T-shirt designing, Logo designing, Making cartoons and many more.
Web Design and Development: 'Web design' or 'Site design' are used interchangeably. The most important job of freelancing is web design. From the simplest to the most difficult aspects of this work, almost all types of work are done by freelancers.
There are many other themes like WordPress, Elementor, Joomla, and DV that can be used to create entire sites. Sometimes coding is required to create some sites. If the web designer has coding experience or skills then there is no problem, and if not then the site creation should be done by programmers.
Programming: Programming means writing some signals, codes, or symbols into a specific system. And its job is to give different types of commands or orders to the computer.
If you give some command to the computer in Bengali or English, the computer will not understand it. For that want binary code or number. Just as any book is written in English, Hindi, Japanese Bengali, etc. every program is written in some particular programming language like C++, Java, etc.
The written form of the program is called source code. A person who writes source code is called a programmer, coder, or developer. While writing the program, the programmer has to follow the syntax or grammar of that particular programming language.
Other work: Apart from the above jobs, there are various other types of jobs that are in high demand in the freelancing sector or market. The tasks are:
Writing,
Article or blog post writing
SEO Marketing,
Digital marketing,
Photo, Audio, Video Editing,
Admin jobs,
Software development,
Translation,
Affiliate marketing,
IT and Networking etc.
”
”
Bhairab IT Zone
“
The reason for this pressure on the wages of all but the highest skill Western world workers is not an inability to generate additional income or profit to pay for labor. Rather, there is downward pressure on the price of labor. There are multiple sources for this pressure, but three in particular have been thoroughly documented: Automation, Globalization, and deunionization.
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Jean-Michel Paul (The Economics of Discontent: From Failing Elites to The Rise of Populism)
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My next goal would be to have the excess cash flow from my assets reinvested into the asset column. The more money that goes into my asset column, the more my asset column grows. The more my assets grow, the more my cash flow grows. And as long as I keep my expenses less than the cash flow from these assets, I grow richer with more and more income from sources other than my physical labor. As this
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Robert T. Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!)
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Another good source is the Institute of Real Estate Management (IREM) . Each year it publishes a comprehensive book entitled Income and Expense Analysis: Conventional Apartments (Chicago: IREM/National Realtors Association), which provides data on more than 3,700 apartment buildings in over 150 different major metropolitan areas.
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Steve Berges (The Complete Guide to Buying and Selling Apartment Buildings)
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Labour-power was not always a commodity (merchandise). Labour was not always wage-labour, i.e., free labour. The slave did not sell his labour-power to the slave-owner, any more than the ox sells his labour to the farmer. The slave, together with his labour-power, was sold to his owner once for all. He is a commodity that can pass from the hand of one owner to that of another. He himself is a commodity, but his labour-power is not his commodity. The serf sells only a portion of his labour-power. It is not he who receives wages from the owner of the land; it is rather the owner of the land who receives a tribute from him. The serf belongs to the soil, and to the lord of the soil he brings its fruit. The free labourer, on the other hand, sells his very self, and that by fractions. He auctions off eight, 10, 12, 15 hours of his life, one day like the next, to the highest bidder, to the owner of raw materials, tools, and the means of life – i.e., to the capitalist. The labourer belongs neither to an owner nor to the soil, but eight, 10, 12, 15 hours of his daily life belong to whomsoever buys them. The worker leaves the capitalist, to whom he has sold himself, as often as he chooses, and the capitalist discharges him as often as he sees fit, as soon as he no longer gets any use, or not the required use, out of him. But the worker, whose only source of income is the sale of his labour-power, cannot leave the whole class of buyers, i.e., the capitalist class, unless he gives up his own existence. He does not belong to this or that capitalist, but to the capitalist class; and it is for him to find his man – i.e., to find a buyer in this capitalist class.
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Karl Marx (Wage Labour and Capital)
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In a global economy, no one should be working for a single employer. Everyone must develop multiple sources of global income so that a single employer cannot exploit them.
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Dr. Mansur Hasib
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JJ, as a professional chef, defends the ground on which he stands. “ When we were promoting the cuisine of the Cecil, I got into a little argument with one sister. I said our cuisine is the celebration of the food of slaves. She winced. ‘ How can you celebrate the slaves?’ No, I’m not celebrating slavery, I’m celebrating how they survived, and you have to know the source and what happens when people from that background met incoming migrants from Asia. But that’s the part I really need to know. I never made it to the slave castle and that’s why I need to get back. I’m going to learn more about our cooking, the way our ancestral grandmothers cooked because at the end of the day, your goal as a chef is you want to cook like your grandmother.
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Michael W. Twitty (The Cooking Gene: A Journey Through African American Culinary History in the Old South)
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Despite their shared centrism, there was an ideological difference that separated them. They championed different constituencies. Where Sinema built an alliance with Wall Street, Manchin enjoyed occasionally sticking it to the bankers, like a good old-fashioned populist from the hollers. And where Manchin felt a home-state duty to the fossil fuels industry, and personally benefited from its success, Sinema wanted to break its stranglehold over climate policy. In the course of negotiations with Schumer, Manchin had insisted on a provision ending the carried-interest loophole—a gaping unfairness in the tax code that allows hedge fund and private equity managers to count their revenue as capital gains and avoid the income tax. But Sinema had a history of defending that loophole. Manchin had every reason to believe that Sinema would despise his proposal—and that she would likely consider it a red line—but he insisted on pushing forward with it, regardless. Schumer didn’t fight Manchin. He wasn’t going to worry about his Sinema problem when it was theoretical. But now her objection was more than a theoretical source of worry. Sinema constituted the primary obstacle to the realization of Schumer’s greatest achievement, and he was stuck.
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Franklin Foer (The Last Politician: Inside Joe Biden's White House and the Struggle for America's Future)
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The house stands on stilts over the water, and is a meeting place for the scum of the city!” “Sally!” her father reproved. “Well, it’s the truth! Ma Harper and her no-account husband, Claude, run an outdoor dance pavilion, but their income is derived from other sources too. Black market sales, for instance.” “Sally, your tongue is rattling like a chain!” “Pop, you know very well the Harpers are trash.” “Nevertheless, don’t make statements you can’t prove.
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Mildred A. Wirt (The Penny Parker Megapack: 15 Complete Novels)
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When you receive multiple paychecks from different sources, you are no longer dependent on the whims of a single employer.
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Chris Guillebeau (Side Hustle: From Idea to Income in 27 Days)