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Capitalism Quotes

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Capitalism Quotes

“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
Book:Capitalism: The Unknown Ideal
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“It's no accident that capitalism has brought with it progress, not merely in production but also in knowledge. Egoism and competition are, alas, stronger forces than public spirit and sense of duty.”

SpiritForceLibertyProgressDutyCapitalismEconomicsStrongerCompetitionProductionsAccidentsLibertarianLibertarianismAlasEgoism
Book:The Albert Einstein Collection: Essays in Humanism, The Theory of Relativity, and The World As I See It
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“The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.”

Has BeensImportantStatesGovernmentLossUnitedLibertyUnited StatesEconomicIndustryLetting GoCapitalismMiracleProfitLibertarianPlanningEnterpriseWeedDeclineLibertarianismFree MarketStagnationPrivate EnterpriseFosteringCartelsProfit And LossCentralized Government
Author:Milton Friedman
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“A Call for Revolution, 1993 Libertarianism is rejected by the modern left - which preaches individualism but practices collectivism. Capitalism is rejected by the modern right - which preaches enterprise but practices protectionism. The libertarian faith in the mind of man is rejected by religionists who have faith only in the sins of man. . . . The libertarian insistence that each man is a sovereign land of liberty, with his primary allegiance to himself, is rejected by patriots who sing of freedom but also shout of banners and boundaries.”

MenMindFaithLeftSinLibertyPracticeModernLandRevolutionCapitalismLibertarianBoundariesPrimariesEnterpriseHave FaithIndividualismLibertarianismRejectedPatriotSovereignAllegianceCollectivismBannerInsistenceProtectionism
Author:Karl Hess
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