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John Kenneth Galbraith

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It's a rule worth having in mind. Income almost always flows along the same axis as power but in the opposite direction.
--
Chapter 1, p. 13

 
John Kenneth Galbraith

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Making the rich poorer does not make the poor richer, but it does make the state stronger—and it does increase the power of officials and politicians, power more menacing, more permanent and less useful than market power within the rule of law. Inequality of income can only be eliminated at the cost of freedom. The pursuit of income equality will turn this country into a totalitarian slum.

 
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