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" "No inventor could introduce an invention, however excellent, unless he could get capitalists to take it up, and this usually they would not do unless the inventor relinquished to them most of his hopes of profit from the discovery.
Edward Bellamy (March 26, 1850 – May 22, 1898) was an American author and socialist, most famous for his utopian novel, Looking Backward, a tale set in the distant future of the year 2000. Bellamy's vision of a harmonious future world inspired the formation of at least 165 "Nationalist Clubs" dedicated to the propagation of Bellamy's political ideas and working to make them a practical reality.
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Any economic proposition which can not be stated in ethical terms is false. Nothing can be in the long run or on a large scale sound economics which is not sound ethics. It is not, therefore, a mere coincidence, but a logical necessity, that the supreme word of both ethics and economics should be one and the same--equality. The golden rule in its social application is as truly the secret of plenty as of peace.