The truth is a mayor can actually do very little to alter the course of a huge city run by the free market that is home to banking - the engine room of capitalism.
Lenin was the first to discover that capitalism 'inevitably' caused war; and he discovered this only when the First World War was already being fought. Of course he was right. Since every great state was capitalist in 1914.
One of the more difficult tasks for me as president was to decide on the issue of confirming capital punishment awarded by courts... to my surprise... almost all cases which were pending had a social and economic bias.
Lincoln was the spokesman of the rising capitalist class of the North, who viewed the emancipation of Negro slaves as indispensable to the development and triumph of the manufacturers and bankers of the industrial North, East and West over the slave-holder of the South.
I suggest that ten thousand Negroes march on Washington, D.C., the capital of the Nation, with the slogan, 'We loyal Negro American citizens demand the right to work and fight for our country.'
There are things I take sides about, like capital punishment, which it seems to me there is only one side about: it is evil. But there are two or three sides to sexual harassment, and the moment you get into particular cases, there is injustice in every conceivable direction. It's a mess.
Returns matter a lot. It's our capital.
In the case of the Analytical Engine, we have undoubtedly to lay out a certain capital of analytical labour in one particular line, but this is in order that the engine may bring us in a much larger return in another line.
No one has ever raised capital because their pitch deck was pretty. A lot of people have raised capital because they were over-prepared, knew where their business was going, and were able to articulate that through a pitch alongside a pitch deck.
Tesla has humiliated established carmakers with its brilliant vision. But Detroit, Turin, Stuttgart, and so on have understood scale as well as capital allocation for decades. Such gargantuan tasks could yet humiliate Tesla.
