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Wells Quotes

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Wells Quotes

“At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, "To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world." Because knowledge is dispersed, power must be as well.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The democratic process on which this nation was founded should not be restricted to the political process, but should be applied to the industrial operation as well.”

Should Wells Political Nations Process Capitalism Democratic Operations Democratic Process

Author:Albert Gallatin

“Capitalism has worked very well. Anyone who wants to move to North Korea is welcome.”

Want Wells Moving Capitalism Welcome Korea North Korea

Author:Bill Gates

“Well the protester I think is a very powerful thing. It's basically a mechanism of democracy that, along with capitalism, scientific innovation, those things have built the modern world. And it's wonderful that the new tools have empowered that protestor so that state secrets, bad developments are not hidden anymore.”

Thinking World Wells States Political Powerful Secret Democracy Wonderful Modern Development Capitalism Built Tools Innovation Mechanism Modern World Empowered Very Powerful

Author:Bill Gates