From his understanding of wealth and poverty came his understanding of labor and capital, which led him to the solution of trusteeship based on the belief that there is no private ownership of capital; it is given in trust for redistribution and equalization. Similarly, while recognizing differential aptitudes and talents, he holds that these are gifts from God to be used for the collective good.
Related Quotes
The hopes of the Republic cannot forever tolerate either undeserved poverty or self-serving wealth.
There is a saying in Tibetan that "at the door of the miserable rich man sleeps the contented beggar". The point of this saying is not that poverty is a virtue, but that happiness does not come with wealth, but from setting limits to one's desires, and living within those limits with satisfaction.
A great measure of world poverty today and African poverty in particular is due to the continuing dependence on foreign markets for manufactured goods, which undermines domestic production and dams up domestic skills, apart from piling up unmanageable foreign debts.
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