Adam Smith Quotes About Capitalism

Quotes about: Capitalism

• A criminal is a person with predatory instincts who has not sufficient capital to form a corporation.Most government is by the rich for the rich. Government comprises a large part of the organized injustice in any society, ancient or modern.Civil government, insofar as it is instituted for the security of property, is in reality instituted for the defence of the rich against the poor, and for the defence of those who have property against those who have none.

  Adam Smith

  Reality, Government, Criminals

• By pursuing his own interest (the individual) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.

  Adam Smith

  Invisible Hand, Done, Individual

  1776 An Inquiry into the Nature and Causes of the Wealth of Nations, bk.4, ch.3.

• No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged.

  Adam Smith

  Should Have, People, Body

  Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.33

• But avarice and ambition in the rich, in the poor the hatred of labour and the love of present ease and enjoyment, are the passions which prompt to invade property, passions much more steady in their operation, and much more universal in their influence. Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many.

  Adam Smith

  Affluence, Making Money, Rich

  Adam Smith, J.R. McCulloch (1828). “Aninquiry in to the Nature and Causes of the Wealth of Nations: With a Life of the Author, an Introductory Discourse, Notes, and Supplemental Dissertations by J.R. McCulloch”, p.190

• A gardener who cultivates his own garden with his own hands, unites in his own person the three different characters, of landlord, farmer, and labourer. His produce, therefore, should pay him the rent of the first, the profit of the second, and the wages of the third.

  Adam Smith

  Character, Garden, Hands

  Adam Smith (1778). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.65

• It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.

  Adam Smith

  Progressive Taxation, Rich, Economics

  Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.355

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