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Civil liberty is the status of the man who is guaranteed by law and civil institutions the exclusive employment of all his own powers for his own welfare.
William Graham Sumner
Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals.
William Graham Sumner
The waste of capital, in proportion to the total capital, in this country between 1800 and 1850, in the attempts which were made to establish means of communication and transportation, was enormous.
William Graham Sumner
There is every indication that we are to see new developments of the power of aggregated capital to serve civilization, and that the new developments will be made right here in America.
William Graham Sumner
Moreover, there is an unearned increment on capital and on labor, due to the presence, around the capitalist and the laborer, of a great, industrious, and prosperous society.
William Graham Sumner
Joint-stock companies are yet in their infancy, and incorporated capital, instead of being a thing which can be overturned, is a thing which is becoming more and more indispensable.
William Graham Sumner
Perhaps they do not recognize themselves, for a rich man is even harder to define than a poor one.
William Graham Sumner
Any one who believes that any great enterprise of an industrial character can be started without labor must have little experience of life.
William Graham Sumner
A good father believes that he does wisely to encourage enterprise, productive skill, prudent self-denial, and judicious expenditure on the part of his son.
William Graham Sumner
The forgotten man... He works, he votes, generally he prays, but his chief business in life is to pay.
William Graham Sumner