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Capitalism: The Unknown Ideal

Book by Ayn Rand · 12 quotes · Men, Liberty, Capitalism

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Capitalism: The Unknown Ideal Quotes

“It is true that the welfare-statists are not socialists, that they never advocated or intended the socialization of private property, that they want to 'preserve' private property-with government control of its use and disposal. But that is the fundamental characteristic of fascism.”

WantUseGovernmentLibertyEconomicEconomicsFundamentalsPropertyPreservesWelfareCharacteristicsFascismPrivate PropertySocialization
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“Capitalism has created the highest standard of living ever known on earth. The evidence is incontrovertible. The contrast between West and East Berlin is the latest demonstration, like a laboratory experiment for all to see. Yet those who are loudest in proclaiming their desire to eliminate poverty are loudest in denouncing capitalism. Man's well-being is not their goal.”

MenWellsEarthDesireGoalKnownLibertyPovertyEconomicHighestStandardsEvidenceCapitalismWestEastLibertarianExperimentsWell BeingContrastLibertarianismLaboratoryDemonstrationBerlinStandards Of LivingProclaimingEast Berlin
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“No individual or private group or private organization has the legal power to initiate the use of physical force against other individuals or groups and to compel them to act against their own voluntary choice. Only a government holds that power. The nature of governmental action is: coercive action. The nature of political power is: the power to force obedience under threat of physical injury-the threat of property expropriation, imprisonment, or death.”

UseGovernmentActionPoliticalChoicesIndividualForceLibertyGroupsEconomicEconomicsOrganizationPropertyThreatObedienceInjuryPolitical PowerImprisonmentInitiatePhysical Force
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“America's abundance was not created by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.”

MenAmericaInterestCommonLibertySacrificeGeniusEconomicsFortuneLibertarianAbundanceProductiveLibertarianismFree MarketPursuedFree ManCommon GoodIndustrializationPersonal InterestFree Market CapitalismPolitics And Economics
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“All "public interest' legislation (and any distribution of money taken by force from some men for the unearned benefit of others) comes down ultimately to the grant of an undefined undefinable, non-objective, arbitrary power to some government officials. The worst aspect of it is not that such a power can be used dishonestly, but that it cannot be used honestly. The wisest man in the world, with the purest integrity, cannot find a criterion for the just, equitable, rational application of an unjust, inequitable, irrational principle.”

MenWorldGovernmentUsedForceInterestLibertyPrinciplesTakenWorstIntegrityBenefitsAspectHonestlyObjectivesRationalOfficialsGrantsApplicationIrrationalLegislationUnjustDistributionArbitraryCriteriaWisestPublic InterestEquitableWisest ManGovernment OfficialsUndefined
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