Capitalist Quotes - Page 23

• What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.

  Thomas Sowell

  Tunes, Want, Might

  Thomas Sowell (2010). “Basic Economics 4th Ed: A Common Sense Guide to the Economy”, p.201, Basic Books

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• The capitalist achievement does not typically consist in providing more silk stocking for queens but in bringing them within the reach of factory girls in return for a steadily decreasing amount of effort.

  Joseph A. Schumpeter

  Girl, Queens, Achievement

  Joseph A. Schumpeter (2013). “Capitalism, Socialism and Democracy”, p.67, Routledge

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• It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer.

  Ludwig von Mises

  Order, Income, Rich

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.397, VM eBooks

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• In capitalist enterprise there is no secure income and no security of wealth.

  Ludwig von Mises

  Income, Wealth, Enterprise

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.342, VM eBooks

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• It is one of history's great ironies that capitalists built decent and humane societies on the basis of an amoral approach to the economics of pricing, whereas socialists built exploitative and inhumane societies on the basis of a morally inflamed approach to economics.

  Kevin D. Williamson

  Irony, Economics, Decent

  Kevin D Williamson (2010). “The Politically Incorrect Guide to Socialism”, p.22, Regnery Publishing

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• The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.

  Ludwig von Mises

  Order, Entrepreneur, Benefits

  Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.35, VM eBooks

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• Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.

  Ludwig von Mises

  Successful, Progressive Taxation, Names

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• The capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.

  Ludwig von Mises

  Government, Way, Obstacles

  Ludwig Von Mises (1985). “Omnipotent Government: The Rise of the Total State and Total War”, Libertarian Press

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• Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to earn as much as they can. But it censures the capitalists and entrepreneurs for their greed.

  Ludwig von Mises

  Teacher, Doctors, People

  Ludwig Von Mises, Murray Newton Rothbard (1980). “Planning for freedom, and sixteen other essays and addresses”, Libertarian Press, Incorporated

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• There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the lower end aren't moving ahead as quickly as the capitalists.

  Kenneth Rogoff

  Country, Moving, Past

  Source: www.spiegel.de

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• Nobody planned the global capitalist system, nobody runs it, and nobody really comprehends it. This particularly offends intellectuals, for capitalism renders them redundant. It gets on perfectly well without them.

  Peter Saunders

  Running, Wells, Redundant

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• Capitalists have done more good for society through their charitable giving, philanthropy and generosity than all their critics combined.

  James Cook

  Generosity, Giving, Done

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• A 'social justice' society is a conflict which locks beneficiaries and victims alike in a struggle without end. It becomes a society torn apart by resentment over the wealth of capitalists.

  Hans F. Sennholz

  Struggle, Justice, Locks

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• The domination of capitalism globally depends today on the existence of a Chinese Communist party that gives delocalised capitalist enterprises cheap labour to lower prices and deprive workers of the rights of self-organisation.

  Jacques Ranciere

  Party, Rights, Self

  "Why a forgotten 1930s critique of capitalism is back in fashion" by Stuart Jeffries, www.theguardian.com. September 9, 2016.

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• Man is about to be deprived of a great pole - work routine. The nightmare of capitalist society is unemployment; the nightmare of cybernetic society will be employment.

  John Fowles

  Men, Routine, Nightmare

  John Fowles (1970). “The Aristos”, Signet Book

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• Whether we call ourselves communists or capitalists, Hindus or Buddhists, Moslems or Christians, whether we are blind, lame, well or happy, this earth is ours...not somebody else's...it is not only the rich man's earth, but our earth...yours and mine.

  Jiddu Krishnamurti

  Christian, Buddhist, Men

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• Human beings were behaving as human beings and not as cogs in the capitalist machine.

  George Orwell

  Cogs, Machines, Humans

  George Orwell (2016). “Homage to Catalonia / Down and Out in Paris and London”, p.8, Houghton Mifflin Harcourt

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• If you're a capitalist and you have the best goods and they're free, you don't have to proselytize, you just have to wait.

  Eben Moglen

  Waiting, Goods, Ifs

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• The capitalist system is not delivering those decade-after-decade increases it promised. We're not where we should be in terms of our national economies. We don't know how to get out of this malaise and I think we now have to consider more radical policies.

  Adair Turner, Baron Turner of Ecchinswell

  Thinking, Economy, Increase

  Source: www.huffingtonpost.com

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• I’m a capitalist, not a corporatist. I’m not someone who believes we should be bailing out corporations whether their auto industries, or banks.

  Rick Santorum

  Believe, Corporations, Should

  Rick Santorum during Republican debate at the Milwaukee Theatre in Milwaukee, Wisconsin, time.com. November 11, 2015.

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• The dominant, almost general, idea of revolution - particularly the Socialist idea - is that revolution is a violent change of social conditions through which one social class, the working class, becomes dominant over another class, the capitalist class. It is the conception of a purely physical change, and as such it involves only political scene shifting and institutional rearrangements

  Emma Goldman

  Class, Ideas, Political

  Emma Goldman (1998). “Red Emma Speaks: An Emma Goldman Reader”

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• The capitalist system was termed "capitalism" not by a friend of the system, but by an individual who considered it to be the worst of all historical systems, the greatest evil that had ever befallen mankind. That man was Karl Marx.

  Ludwig von Mises

  Men, Evil, Historical

  Ludwig Von Mises (2006). “Economic Policy: Thoughts for Today and Tomorrow”, p.10, Ludwig von Mises Institute

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• Outsiders think of Silicon Valley as a success story, but in truth, it is a graveyard. Failure.. is Silicon Valley's greatest strength. Every failed product or enterprise is a lesson stored in the collective memory of the country. We not only don't stigmatize failure, sometime we even admire it. Venture Capitalists actually like to see a little failure in the resumes of entrepreneurs.

  Michael Malone

  Country, Memories, Thinking

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• That first company I started made a lot of money for the venture capitalists - nearly $30 million - but next to nothing for the founders. The companies I started after that varied between failures and mediocre successes. But at no point did I ever consider getting a 'real job.' That felt like a black and white world, and I wanted Technicolor.

  Michael Arrington

  Jobs, Real, Black And White

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• In the US, what passes for Christianity - and it is, to say the least, a highly perverse, possessive individualist and capitalist version of what I would see as Christ's messianic ethical communism, to say the least - is a new civil religion, a civil religion of freedom.

  Simon Critchley

  Christianity, Communism, Ethical

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