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Life & Wisdom Quote by John Ruskin

"Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor"

About this Quote

Ruskin takes a scalpel to the Victorian self-myth of “earned” wealth and finds the same anatomy underneath: someone else’s work turned into someone else’s property. The line is blunt on purpose. “Large fortunes” narrows the target to wealth with social gravity, the kind that shapes laws, cities, and taste. He’s not disputing small-scale thrift or craft; he’s indicting the economic architecture that makes enormity possible.

The triad is the trick. Occupation of land, lending, taxation: three respectable pillars of 19th-century order, rendered as variations on extraction. “Occupation” is a loaded word, closer to seizure than stewardship. Lending sounds neutral until you hear the implied lever of interest: money reproducing itself by attaching to labor’s future. “Taxation of labor” widens the frame beyond the state to any system that takes a cut simply because it has power - rents, fees, monopsony wages, the whole quiet machinery that turns toil into tribute.

Subtextually, Ruskin is arguing about moral perception as much as economics. Victorians loved to aestheticize success, to treat wealth as proof of virtue and refinement. Ruskin, an art critic who cared about the ethics of what a society builds and buys, refuses that alibi. He’s telling his readers that if you admire the mansion, you should also account for the invisible backs that carried its stones.

Context matters: mid-1800s Britain, industrial expansion, urban poverty, rising finance, fierce debates about political economy. Against laissez-faire cheerleading, Ruskin insists that fortunes are social relations before they are personal achievements.

Quote Details

TopicWealth
SourceHelp us find the source
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Citation Formats

APA Style (7th ed.)
Ruskin, John. (2026, January 18). Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor. FixQuotes. https://fixquotes.com/quotes/large-fortunes-are-all-founded-either-on-the-8273/

Chicago Style
Ruskin, John. "Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/large-fortunes-are-all-founded-either-on-the-8273/.

MLA Style (9th ed.)
"Large fortunes are all founded either on the occupation of land, or lending or the taxation of labor." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/large-fortunes-are-all-founded-either-on-the-8273/. Accessed 12 Feb. 2026.

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Ruskin on Wealth: Land, Credit, and the Taxation of Labor
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About the Author

John Ruskin

John Ruskin (February 8, 1819 - January 20, 1900) was a Writer from England.

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