“In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”
“It is the principal paradox of this period that the only sphere of our economic system in which government intervention is urgently necessary is also the only point at which action of the State is now effectively inhibited. It is in the region of wages and prices that we really require the continual economic leadership of government, but in our prevailing trade structure any such suggestion has come to be regarded as impious.”
“There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen.”
“If someone does not consider those around them to be valuable and hold only themselves in high regard, they too have a very bad self-esteem.”
“People wo are privileged tend to take their privilege for granted. South Africans are no exception in this regard. We take for granted the extraordinary struggle our people waged to establish the country and democracy we have today. We also forget that our struggle was waged on such high moral ground that it led to the development of a unique cadre of leaders whose concern was for the people and the country rather than for themselves, their families, factions and friends.”
“Can a story be good only if it produces an effect? If the effect is a bad one, but intended, has the story done its job? Is it then a good story? If the story produces an effect other than the intended one, is it then a bad story? Can a story be said to produce an effect at all? Can a story actually do anything at all? ”