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Economic Quotes

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Economic Quotes

“Capitalism justified itself and was adopted as an economic principle on the express ground that it provides selfish motives for doing good, and that human beings will do nothing except for selfish motives”

Humans Human Beings Principles Economic Capitalism Selfish Motive Justified Adopted Doing Good Selfish Motives

Author:George Bernard Shaw

“Marxism: The theory that all the important things in history are rooted in an economic motive, that history is a science, a science of the search for food.”

Important Science Economic Food Theory Important Things Motive Rooted Marxism

Author:Gilbert K. Chesterton

“I imagine you already know that I am much more socialistic in my economic theory than capitalistic. And yet I am not so opposed to capitalism that I have failed to see its relative merits. It started out with a noble and high motive, to block the trade monopolies of nobles, but like most human systems it falls victim to the very thing it was revolting against. So today capitalism has outlived its usefulness. It has brought about a system that takes necessities from the masses to give luxuries to the classes.”

Knows Giving Humans Today Fall Class Imagine Economic Theory Mass Capitalism Victim Trade Noble Block Luxury Merit Motive Relative Monopoly Usefulness Economic Theory

Author:Martin Luther King, Jr.

“The illegitimate use of a state by economic interests for their own ends is based upon a preexisting illegitimate power of the state to enrich some persons at the expense of others. Eliminate that illegitimate power of giving differential economic benefits and you eliminate or drastically restrict the motive for wanting political influence.”

Giving Persons Ends States Use Political Interest Influence Economic Benefits Motive Expenses Political Influence

Book:Anarchy, state, and utopia

Source: Anarchy, state, and utopia

“The parallel between antifeminism and race prejudice is striking. The same underlying motives appear to be at work, namely fear, jealousy, feelings of insecurity, fear of economic competition, guilt feelings, and the like. Many of the leaders of the feminist movement in the nineteenth-century United States clearly understood the similarity of the motives at work in antifeminism and race discrimination and associated themselves with the anti slavery movement.”

“When shallow critics denounce the profit motive inherent in our system of private enterprise, they ignore the fact that it is an economic support of every human right we possess and without it, all rights would disappear.”

Humans Facts Support Rights Economic Critics Profit Disappear Motive Enterprise Inherent Shallow Private Enterprise Profit Motive

Author:Dwight D. Eisenhower

“America - a great social and economic experiment, noble in motive and far-reaching in purpose.”

America Purpose Social Economic Noble Experiments Presidential Motive Reaching Prohibition

Author:Herbert Hoover

“The profit motive promotes economic growth by creating better products at cheaper prices.”

Growth Economic Products Creating Profit Motive Economic Growth Cheaper Profit Motive

Book:Economic Logic Fourth Edition

Source: Economic Logic Fourth Edition