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“It's a real enigma why people are so averse to real free market capitalism even now. Here we are, in the century that has seen Lenin, Stalin, Mao, Hitler, Castro, Pol Pot-and we're still being warned against the 'robber barons' of the 19th century. I don't know that Jay Gould or John D. Rockefeller ever killed anyone. The State has killed countless people, and yet we're always supposed to remain on guard against these 'greedy villains' of yesteryear.”

“I find Chinese debates about their political system domestically, but also about China's claims in the international system, to be among the most original and surprising and exciting of our time. The starting point is a system that none of us had anticipated, which I call Leninist capitalism, but also obviously because it is the most important emerging power. The question of China's relations with the United States in particular, and the rest of the world in general, is the question of war and peace in the 21st century.”

“At the turn of the [21st] century it was really Sergey Brin at Google who just had the thought of, well, if we give away all the information services, but we make money from advertising, we can make information free and still have capitalism. But the problem with that is it reneges on the social contract where people still participate in the formal economy. And it's a kind of capitalism that's totally self-defeating because it's so narrow. It's a winner-take-all capitalism that's not sustaining.”

“Truth is found neither in Marxism nor in traditional capitalism. Each represents a partial truth. Historically capitalism failed to see the truth in collective enterprise, and Marxism failed to see the truth in individual enterprise. Nineteenth century capitalism failed to see that life is social and Marxism failed and still fails to see that life is individual and personal. The Kingdom of God is neither the thesis of individual enterprise nor the antithesis of collective enterprise, but a synthesis which reconciles the truths of both.”

“You have read and heard that communist theory-the science of communism created in the main by Marx, this doctrine of Marxism-has ceased to be the work of a single socialist of the nineteenth century, even though he was a genius, and that it has become the doctrine of millions and tens of millions of proletarians all over the world, who are applying it in their struggle against capitalism.”

“For nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.”

“We work harder and we earn less. Income inequality is at the highest point in over a century. While American capitalism never guaranteed success, it did guarantee opportunity, for too many, the dream of economic mobility has been replaced with a nightmare of economic stagnation.”

“Why ... do the myths of America the Hateful take such powerful hold? Because anti-Americanism provides a useful emotional function which goes beyond logic and reaches deep into the darker recesses of the European soul. In centuries past those on the Left who wished to personalise their hatred of capitalism, who sought to make it emotionally resonant by fastening an envious political passion on to a blameless scapegoat people, embraced anti-Semitism. It was the socialism of fools. Which is what anti-Americanism is now.”

“Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more as they lower classes bettered their economic well-being.”

“Because I know that the early Greeks and Romans and the early Europeans at that age did not see racism as we see it now - because racism was created to justify slavery to build the capital for capitalism - and back in the day they respected talent over race. We had an African Pope in the late 5th century, we had an African Emperor of Rome, and early church Fathers were black.”

“If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.”