quotes tagged with 'capitalism'
Author: Sir Winston Churchill, Source: unknown
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Author: Polish proverb, Source: Unknown
Under capitalism man exploits man; under socialism the reverse is true.
Author: RawfoodLiberty, Source: http://www.dailypaul.com/node/111907, comment
in a communist economy, claim capitalism is the cure.
To "cure" the evils of capitalism, bring in communism.
If you want to cure dictatorships, bring in fascism.
If you want to cure fascism, bring in totalitarianism.
If you want to cure totalitarianism, bring in . . . .
and once you've come full circle, then cause depressions every seven years. The goal is to "own" all the realestate.
Author: Ezra Taft Benson, Source: TL 176; from an address given at Los Angeles, CA, 11 Dec 1961
We should pay no attention to the recommendations of men who call the Constitution an eighteenth-century agrarian document—who apologize for capitalism and free enterprise. We should refuse to follow their siren song of concentrating, increasingly, the powers of government in the Chief Executive, of delegating American sovereign authority to non-American institutions in the United Nations, and pretending that it will bring peace to the world by turning our armed forces over to a U.N. world-wide police force.
China and India combined to produce nearly half the world's economic output in 1820 compared to just 1.8% for the U.S. Our remarkable growth since 1820 has benefited from democratic institutions, a belief in capitalism, private property rights, an entrepreneurial culture, abundant resources, openness to foreign investment, the best universities, immigration and relatively transparent markets.Author: Michael Milken, Source: http://gongszeto.squarespace.com/journal/2008/1/21/comparative...
Let those who are actually concerned with peace observe that capitalism gave mankind the longest period of peace in history—a period during which there were no wars involving the entire civilized world—from the end of the Napoleonic wars in 1815 to the outbreak of World War I in 1914.Author: Ayn Rand, Source: "The Roots of War," Capitalism: The Unknown Ideal, p. 38
It must be remembered that the political systems of the nineteenth century were not pure capitalism, but mixed economies. The element of freedom, however, was dominant; it was as close to a century of capitalism as mankind has come. But the element of statism kept growing throughout the nineteenth century, and by the time it blasted the world in 1914, the governments involved were dominated by statist policies.
Just as, in domestic affairs, all the evils caused by statism and government controls were blamed on capitalism and the free market—so, in foreign affairs, all the evils of statist policies were blamed on and ascribed to capitalism. Such myths as "capitalistic imperialism," "war-profiteering," or the notion that capitalism has to win "markets" by military conquest are examples of the superficiality or the unscrupulousness of statist commentators and historians
Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens ... Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.Author: John Maynard Keynes, Source: Economic Consequences of the Peace, pp. 235, 236, 
True capitalists who deeply understand prosperity don't operate a business in order to put another institution out of business. They bring products and services to the market in order to serve others. They understand that it is in their best interests to serve others. They believe in efficient and effective service. (This book isn't out yet. I have an advanced copy of the manuscript).Author: Garrett Gunderson, Source: Killing Sacred Cows, page 27
Sell a man a fish he eats for a day, teach a man to fish and you've ruined a wonderful business opportunity.Author: Karl Marx, Source: on capitalism
Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.Author: Bertrand Russell, Source: Essay, Freedom in Society