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Capitalism Quotes

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Capitalism Quotes

“I've never had a stupid student in my life. I never look down on my students. I never thought, "Look at these people." I might argue with them and I think that some of them might have misconceptions - that they might be infected by the intellectual laziness that is the foundation of American popular culture, and of capitalism, if you wish. But part of my job as a teacher is to work with that - against that.”

“We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.”

“If this really is true, then greed really isn't good, after all. It really isn't the way to maximize the best possible outcome. We really do need to come together and act collectively. Government isn't always the problem. It's sometimes the solution. And, so their whole intellectual scaffolding collapses. So, they'd rather deny the science.”