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Laissez Faire Capitalism Quotes

Browse 26 quotes about Laissez Faire Capitalism.

Laissez Faire Capitalism Quotes

“...Communism, it's a reactive formation derived from capitalism. For this reason it's less flexible and has a lower survival potential. The days of laissez-faire capitalism are completely dead, and the assumptions of nineteenth-century Communism are equally dead, because they were based on laissez-faire capitalism. While there's hardly a trace of it left in capitalist countries, Communism is still reacting to something that's been dead for over a hundred years. And present-day Communism clings to this outmoded concepts, refusing to acknowledge the contradictions and failures of the Marxist system. Communism doesn't have any capacity to change. Capitalism is flexible, and it's changing all the time, and it's changed immeasurably. Communism apparently are still asserting that they are not changing, they're following the same Marxist principles. We don't have any principles. It's an advantage.”

CommunismLaissez Faire Capitalism
Author:William S. Burroughs
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“Beautiful, seamless upgrade from Twitter today, making functionality smoother and cooler. We didn't have to lobby, didn't have to beg, didn't have to elect a new leader, didn't have to push or protest. Progress is built in to the structure of the mechanism itself: this company exists to please you and me. This is a far better system than any political system on earth.”

FreedomAnarchyFree MarketVoluntaryismLaissez FaireLaissez Faire Capitalism
Author:Jeffrey Tucker
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“It is easy to see, however,―as has been indicated more than once by anarchist writers, and lately by the French professor, V. Basch, in an interesting work, Anarchist Individualism: Max Stirner (1904, in French)―that this sort of individualism, aiming as it does at the "full development," not of all members of society, but of those only who would be considered as the most gifted ones, without caring for the right of full development for all―is merely a disguised return towards the now-existing education-monopoly of the few. It simply means a "right to their full development" for the privileged minorities. But, as such monopolies cannot be maintained otherwise than under the protection of a monopolist legislation and an organized coercion by the State, the claims of these individualists necessarily end in a return to the state idea and to that same coercion which they so fiercely attack themselves. Their position is thus the same as that of Spencer, and of all so-called "Manchester school" of economists, who also begin by a severe criticism of the State and end in its full recognition in order to maintain the property monopolies, of which the State is the necessary stronghold.”

LibertarianLibertarianismLaissez FaireAnarcho CapitalismLaissez Faire CapitalismLibertarian Capitalism
Book:Anarchism: A Collection of Revolutionary Writings
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“If there is much to be said for the virtues of the free market, for its role in encouraging hard work, innovation, and economic growth--and argument that seems nearly beyond dispute at this point--then it must also be acknowledged as equally indisputable that organizing an economic system around self-interest and competition tends to produce a multitude of so-called neighborhood effects. No one has yet to solve the conundrum of the ecological costs associated with economic growth without conceiving of some role of state intervention. Thus far, the notion that unrestrained capitalism can make the United States fabulously wealthy and save the planet too remains little more than a pipe dream.”

EnvironmentalismLaissez FaireNeoliberalismLaissez Faire CapitalismEcology And CapitalismState InterventionUnrestrained Capitalism
Book:Down to Earth: Nature's Role in American History
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“Radicals want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization. They hope for a future where the means of economic production will be owned by all of the people instead of just a comparative handful. They feel that this minority control of production facilities is injurious to the large masses of people not only because of economic monopolies but because the political power inherent in this form of centralized economy does not augur well for an ever expanding democratic way of life. Radicals want to see the established political rights or political freedom of the common man augmented by economic freedom. They believe that Lincoln’s statement that a nation cannot exist half-free and half-slave is applicable to the entire world and includes economic as well as political freedom. In short, radicals are convinced that the marriage of political rights to economic rights will produce a social morality in which the Golden Rule will replace the gold standard. Possessed of this sketch of a world to be, radicals find themselves adrift in the stormy sea of capitalism.”

PowerDemocracyCapitalismActivismLaissez FaireEconomic FreedomActivistsRadicalsLaissez Faire CapitalismMeans Of Production
Book:Reveille for Radicals
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“Radicals, on the other hand, want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization. They hope for a future where the means of economic production will be owned by all of the people instead of just a comparative handful. They feel that this minority control of production facilities is injurious to the large masses of people not only because of economic monopolies but because the political power inherent in this form of centralized economy does not augur for an ever expanding democratic way of life.”

PeopleWorldWayWantFeelsHumansMeanDoeHandsFormPoliticalPoliticsNamesEconomyEconomicCivilizationMassCapitalismDemocraticProductionsWorthyRadicalLiberalismMinoritiesInherentExpandingJungleMonopolyHandfulFacilityPolitical PowerLaissez FaireHuman CivilizationLaissez Faire Capitalism
Author:Saul Alinsky
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“Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.”

WorldWellsChildrenStillsRealUseAblePoliticalUsedPoliticsIndividualNationsInterestCommunityNaturalDarknessEconomyEconomicPeriodsCapitalismHarmonyStructureIdeologyCorporateLiberalismGuaranteesAdamCreedsDogmaLaissez FaireEconomic FreedomUniversalismLaissez Faire Capitalism
Author:Reinhold Niebuhr
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“There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit stupider, more rigid, more doctrinaire in their laissez-faire capitalism than the Democrats, who are cuter, prettier, a bit more corrupt - until recently... and more willing than the Republicans to make small adjustments when the poor, the black, the anti-imperialists get out of hand. But, essentially, there is no difference between the two parties.”

TwoStatesHandsBitsBlackDifferencesPoorUnitedPartyUnited StatesWillingRepublicanCapitalismWingsPropertyDemocratAdjustmentRight WingLaissez FaireLaissez Faire Capitalism
Author:Gore Vidal
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“Her philosophy is carpe diem for herself and laissez faire for others.”

PhilosophyCarpe DiemCarpeLaissez FaireLaissez Faire Capitalism
Book:The Complete Works of F. Scott Fitzgerald: Novels, Short Stories, Poetry, Articles, Letters, Plays & Screenplays: From the author of The Great Gatsby, The Side of Paradise, Tender Is the Night, The Beautiful and Damned, The Love of the Last Tycoon, The Curious Case of Benjamin Button and many other notable works
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“[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.”

BookStatesWholeGivenLibertyEconomicConditionsTheoryCompetitionProductionsFollowingDistributionAdaptedOutputLaissez FaireTotalitarian StateLaissez Faire Capitalism
Author:John Maynard Keynes
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“Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice. When I say 'capitalism,' I mean a pure, uncontrolled, unregulated laissez-faire capitalism - with a separation of economics, in the same way and for the same reasons as a separation of state and church.”

WayMeanStatesReasonValuesChurchLibertyPracticePureCapitalismEconomicsIndividualitySeparationPursuitLaissez FaireLaissez Faire Capitalism
Author:Ayn Rand
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“The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does -- if that catch-phrase has any meaning -- but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is: justice”

IfsMenWayDoeFactsLyingJusticeCommonMoralPrinciplesAchieveProtectSurvivalCapitalismConsequenceClaimsBest WayRationalPhrasesJustificationRulingCommon GoodConsonantsLaissez Faire Capitalism
Book:The Ayn Rand Lexicon: Objectivism from A to Z
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“Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.”

MenNeedsShouldWould BeFormValuesFeltAcceptingEconomicEthicsCapitalismLaborBasesCharityNotionCreditLibertarianVersionsEnterpriseGoodsDivisionAnarchyCashRegulationTokensLaissez FaireGoods And ServicesDivision Of LaborLaissez Faire Capitalism
Author:Karl Hess
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“Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -- and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.”

WayHas BeensMatterStatesReasonGovernmentFormEvilChurchEconomySourceSolutionsCapitalismEconomicsTradeProductionsSeparationBehalfInterventionChurch And StateSeparation Of Church And StateAbolitionLaissez FaireLaissez Faire Capitalism
Author:Ayn Rand
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“Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.”

BelieveMadeLife IsValuesI BelieveEnemySocietyCapitalismAreasThreatFortuneDemocraticFinancialSpreadCommunistCapitalistDemocratic SocietyLaissez FaireFinancial MarketsLaissez Faire Capitalism
Author:George Soros
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“If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.”

IfsNeedsWellsRealHelpingCoursesCommunityWealthDealsPrinciplesGreaterMinesTownsFilledNotesDepthSurfaceIncomeEnterpriseBottlesTerritoryUnemploymentCoalSuitableRubbishTreasuryRepercussionsLaissez FairePrivate EnterpriseLeaseFilled UpLaissez Faire CapitalismDigging A Hole
Book:General Theory Of Employment , Interest And Money
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