Where some people are very wealthy and others have nothing, the result will be either extreme democracy or absolute oligarchy, or despotism will come from either of those excesses.
The purpose of democracy - supplanting old belief in the necessary absoluteness of establish'd dynastic rulership, temporal, ecclesiastical, and scholastic, as furnishing the only security against chaos, crime, and ignorance - is, through many transmigrations, and amid endless ridicules, arguments, and ostensible failures
I like the Americans for a great many reasons. I like them because even the modern thing called industrialism has not entirely destroyed in them the very ancient thing called democracy. I like them because they have a respect for work which really curbs the human tendency to snobbishness.
I want a capital-earning democracy. Every man and woman a capitalist. Housing is the start. If you're a man or woman of property, you've got something. So every man a capitalist, and every man a man of property.
Democracy is the form of government in which the free are rulers, and oligarchy in which the rich; it is only an accident that the free are the many and the rich are the few.