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"Had Marx understood the implications of the principles of capitalistic distribution which presented themselves to him as "appearances" only, he might have become a revolutionary capitalist instead of a revolutionary socialist."

— Louis O. Kelso
louis o. kelso Quotes Liberalism,Revolutionary,Distribution

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Louis O. Kelso
Liberalism
Revolutionary
Distribution
Capitalist
Implications
Economy
Socialist

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The more successful capitalists are in cutting their wage costs, the less money workers will have to buy back what those same capitalists produce. It's a contradiction.

— Richard D. Wolff

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All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in the United States, but let me tell you something: about 15 million of those people could save their dividends for 10 years and maybe buy a new suit. That's not what I call capitalism.

— Louis O. Kelso

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