Best capitalism & individual Quotes | Short & Famous Sayings Page 2

“Under capitalism each individual engages in economic planning.”

Individual Economic Capitalism Planning Finance

Book:The Government Against the Economy: The Story of the U.S. Government's On-going Destruction of the American Economic System Through Price Controls

Source: The Government Against the Economy: The Story of the U.S. Government's On-going Destruction of the American Economic System Through Price Controls

“Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned.”

Individual Social Rights Capitalism Property Including Recognition Property Rights Individual Rights Social Systems

Book:Capitalism: The Unknown Ideal

Source: Capitalism: The Unknown Ideal

“Prior to the advent of the civilization of the Third Estate (mercantilism, capitalism), the social ethics that was religiously sanctioned in the West consisted in realizing one’s being and in achieving one’s own perfection within the fixed parameters that one’s individual nature and the group to which one belonged clearly defined. Economic activity, work, and profit were justified only in the measure in which they were necessary for sustenance and to ensure the dignity of an existence conformed to one’s own estate, without the lower instinct of self-interest or profit coming first.”

“It looks like the age of the mass is behind us and the age of the individual is upon us. The chasm that now exists between new people and old organizations is destroying economic value and inhibiting the emergence of a new chapter of capitalism aligned with the needs of this new society. The new purpose of commerce is to provide the tools, platforms, and relationships, digital or human, that enable individuals to live the lives they choose.”

People Needs Humans Looks Age Purpose Values Individual Behinds Economic Mass Capitalism Tools Organization Digital Destroying Platforms Chapters Commerce Emergence Chasms Economic Value

Author:Shoshana Zuboff

“America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of the way and lets individuals take risks and reap rewards or accept the consequences of failure. We call this capitalism - or, at least, we used to.”

Ifs Way Government America Used Individual Accepting Practice Risk Possibility Theory Capitalism Consequence Rewards Reap

Author:Larry Elder

“Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships.”

Individual Force Social Rights Capitalism Recognition Bans Individual Rights Laissez Faire Social Systems Social Relationships Laissez Faire Capitalism

Book:Capitalism: The Unknown Ideal

Source: Capitalism: The Unknown Ideal

“..where effective competition can be created, it is a better way of guiding individual efforts than any other... regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority.”

Way Individual Effort Known Circumstances Activity Authority Capitalism Regard Method Competition Superiors Efficient Free Market Arbitrary Intervention Better Ways Individual Effort

Author:Friedrich August von Hayek

“What our generation has forgotten is that the system of private property is the most important guarantee of freedom, not only for those who own property, but scarcely less for those who do not. It is only because the control of the means of production is divided among many people acting independently that nobody has complete power over us, that we as individuals can decide what to do with ourselves.”

People Mean Important Individual Acting Generations Capitalism Property Forgotten Productions Guarantees Divided Free Market Private Property Our Generation Road To Serfdom

Author:Friedrich August von Hayek

“Once you admit that the individual is merely a means to serve the ends of the higher entity called society or the nation, most of those features of totalitarianism which horrify us follow of necessity”

Mean Ends Individual Nations Higher Capitalism Features Entity Free Market Totalitarianism Road To Serfdom

Author:Friedrich August von Hayek

“Romantic literature often presents the individual as somebody caught in a struggle against the state and the market. Nothing could be further from the truth. The state and the market are the mother and father of the individual, and the individual can survive only thanks to them. The market provides us with work, insurance and a pension. If we want to study a profession, the government’s schools are there to teach us. If we want to open a business, the bank loans us money. If we want to build a house, a construction company builds it and the bank gives us a mortgage, in some cases subsidised or insured by the state. If violence flares up, the police protect us. If we are sick for a few days, our health insurance takes care of us. If we are debilitated for months, social security steps in. If we need around-the-clock assistance, we can go to the market and hire a nurse – usually some stranger from the other side of the world who takes care of us with the kind of devotion that we no longer expect from our own children. If we have the means, we can spend our golden years at a senior citizens’ home. The tax authorities treat us as individuals, and do not expect us to pay the neighbours’ taxes. The courts, too, see us as individuals, and never punish us for the crimes of our cousins. Not only adult men, but also women and children, are recognised as individuals. Throughout most of history, women were often seen as the property of family or community. Modern states, on the other hand, see women as individuals, enjoying economic and legal rights independently of their family and community. They may hold their own bank accounts, decide whom to marry, and even choose to divorce or live on their own. But the liberation of the individual comes at a cost. Many of us now bewail the loss of strong families and communities and feel alienated and threatened by the power the impersonal state and market wield over our lives. States and markets composed of alienated individuals can intervene in the lives of their members much more easily than states and markets composed of strong families and communities. When neighbours in a high-rise apartment building cannot even agree on how much to pay their janitor, how can we expect them to resist the state? The deal between states, markets and individuals is an uneasy one. The state and the market disagree about their mutual rights and obligations, and individuals complain that both demand too much and provide too little. In many cases individuals are exploited by markets, and states employ their armies, police forces and bureaucracies to persecute individuals instead of defending them. Yet it is amazing that this deal works at all – however imperfectly. For it breaches countless generations of human social arrangements. Millions of years of evolution have designed us to live and think as community members. Within a mere two centuries we have become alienated individuals. Nothing testifies better to the awesome power of culture.”

Individual Community Capitalism Individuality State Market

Book:Sapiens: A Brief History of Humankind

Source: Sapiens: A Brief History of Humankind

“Socialism is not really an option in the material world. There can be no collective ownership of anything materially scarce. One or another faction will assert control in the name of society. Inevitably, the faction will be the most powerful in society -- that is, the state. This is why all attempts to create socialism in scarce goods or services devolve into totalitarian systems of top-down planning.”

Capitalism Quotes

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Capitalism Quotes