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Revision as of 05:44, 7 August 2021

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Liquidate quote

Why isn't his famous "Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate" quote included? It's what he's most known for among people who are not professional historians... AnonMoos (talk) 05:45, 21 October 2018 (UTC)[reply]

Added it back in. It's worth noting that the quote comes from Hoover's memoirs, so it's possible that Mellon never said it. But I think that, without clear evidence that Mellon never said it, the quote is notable enough that it should included. Orser67 (talk) 18:27, 12 December 2018 (UTC)[reply]
Thanks. Whether he said it in exactly that form or not, the quote reflects a current of thought that saw no problem with factories being closed, though some people wanted to work in the factories, and others wanted to buy what the factories made. In the early 1930s, an increasing number of people came to the opposite conclusion that if the only thing keeping the factories closed and economic activity unnaturally low was the capitalist and finance system, then it was time to abandon capitalism... AnonMoos (talk) 07:24, 31 December 2018 (UTC)[reply]