QuoteProject
In progressive societies the concentration[of wealth] may reach a point where the strength of number in the many poor rivals the strength of ability in the few rich; then the unstable equilibrium generates a critical situation, which history has diversely met by legislation redistributing wealth or by revolution distributing poverty.
Will Durant
ShareWTF𝕏

Interpretation

What this quote means

The quote highlights the tension between wealth concentration and societal stability.

Will Durant addresses the consequences of wealth concentration in progressive societies, suggesting that when the disparity between the rich and poor becomes too great, it creates a critical situation. This imbalance can lead to historical outcomes such as legislative reforms aimed at wealth redistribution or revolutions that result in widespread poverty, emphasizing the need for a more equitable distribution of resources to maintain social stability.

Themes

WealthSocietyEquilibriumPovertyRichRevolution

In practice

Example use cases

During a discussion on economic inequality, this quote can illustrate the potential consequences of wealth disparity.

More from Will Durant

Nature smiles at the union of freedom and equality in our utopias. For freedom and equality are sworn and everlasting enemies, and when one prevails the other dies.
Will DurantRead
The greatest question of our time is not communism vs. individualism, not Europe vs. America, not even the East vs. the West; it is whether men can bear to live without God.
Will DurantRead
If we have never been amazed by the very fact that we exist, we are squandering the greatest fact of all.
Will DurantRead
Philosophy is harmonized knowledge making a harmonious life; it is the self-discipline which lifts us to serenity and freedom. Knowledge is power, but only wisdom is liberty.
Will DurantRead
If you wish to be loved, be modest; if you wish to be admired, be proud; if you wish both, combine external modesty with internal pride.
Will DurantRead
When liberty destroys order the hunger for order will destroy liberty.
Will DurantRead

Similar quotes

Let not any one pacify his conscience by the delusion that he can do no harm if he takes no part, and forms no opinion. Bad men need nothing more to compass their ends, than that good men should look on and do nothing.
John Stuart MillRead
Every movement that seeks to enslave a country, every dictatorship or potential dictatorship, needs some minority group as a scapegoat which it can blame for the nation's troubles and use as a justification of its own demands for dictatorial powers. In Soviet Russia, the scapegoat was the bourgeoisie; in Nazi Germany, it was the Jewish people; in America, it is the businessmen.
Ayn RandRead
Human nature is pretty well balanced; for every lacking virtue there is a rough substitute that will serve at a pinch--as cunning is the wisdom of the unwise, and ferocity the courage of the coward.
Ambrose BierceRead
Religion and good morals are the only solid foundation of public liberty and happiness.
Samuel AdamsRead
History, as the study of the past, makes the coherence of what happened comprehensible by reducing events to a dramatic pattern and seeming them in a simple form.
Johan HuizingaRead
In all intellectual debates, both sides tend to be correct in what they affirm, and wrong in what they deny.
John Stuart MillRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.

Quote by Will Durant | QuoteProject