Capitalist Quotes - Page 24

• 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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• At a basic level venture capitalists are arbitrageurs: they have access to more information than those with the capital, and access to more capital than those with information, and they profit by exploiting the mismatch.

  Ben Thompson

  Venture Capitalists, Levels, Information

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• Generally speaking, experience counts for something. So you'd expect entrepreneurs who've been through the ups and downs of a tech startup to have an advantage over the newcomers. Or at least have an equal chance at success. But in fact the opposite may be true. A number of venture capitalists I've spoken with have said that too many "old guard" entrepreneurs are not being bold enough in their business decisions, and it's hurting their startups.

  Michael Arrington

  Hurt, Opposites, Numbers

  "The Twice Shy Entrepreneur". techcrunch.com. December 9, 2007.

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• Only capitalists get photographers.

  Stephen Sondheim

  Photographer

  Stephen Sondheim, John Weidman (1992). “Assassins: libretto/vocal book”

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• This capitalist society has not lasted forever; it's only a few hundred years old.

  Grace Lee Boggs

  Years, Forever, Hundred

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• The monopoly of capital becomes a fetter upon the mode of production, which has sprung up and flourished along with, and under it. Centralisation of the means of production and socialisation of labour at last reach a point where they become incompatible with there capitalist integument. This integument is burst asunder. The knell of capitalist private property sounds. The expropriators are expropriated.

  Karl Marx

  Mean, Sprung Up, Sound

  Karl Marx (1999). “Capital: An Abridged Edition”, p.29, OUP Oxford

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• The clergy, no less than the capitalist class, lives on the backs of the people, profits from the degradation, the ignorance and the oppression of the people.

  Rosa Luxemburg

  Ignorance, Class, People

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• Confidence, not paper or digital money, is the key currency in a capitalist system.

  Mal Fletcher

  Keys, Paper, Digital

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• He (Aneurin Bevan) enjoys prophesying the imminent fall of the capitalist system, and is prepared to play a part, any part, in its burial, except that of mute.

  Harold MacMillan

  Fall, Play, Mute

  In Michael Foot 'Aneurin Bevan' (1962) pt. 1, ch. 5

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• By means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of the private capitalists and usurers. But at the same time, banking and credit become the most effective means of driving captialist production beyond its own limits and one of the most effective vehicles of crises and swindle.

  Karl Marx

  Taken, Mean, Hands

  Karl Marx (1975). “Karl Marx, Frederick Engels: Karl Marx: Capital, Vol. 3”, International Pub

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• Marx and Engels openly declared that the progressive income tax and the death tax are 'economically untenable' and that they advocated them only because 'they necessitate further inroads' upon the capitalist system and are 'unavoidable' as a means of bringing about socialism.

  Ludwig von Mises

  Mean, Income, Progressive

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• The enemy and his allies are now at the gates of the capitalists' fortress. Is there any hope that the businessman will finally sense the danger to himself and the system of which he is a part and rise to meet the challenge?

  Benjamin A. Rogge

  Challenges, Enemy, Allies

  Benjamin A. Rogge (1979). “Can Capitalism Survive?”, Liberty Fund

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• Nothing's worse than a business person who sells out to the left, if you're a capitalist, stand up and be counted.

  James Cook

  Persons, Business Person, Left

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• Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.

  Mark Skousen

  War, Expression, Ideas

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• The capitalist has this over the politician and the clergyman; he has in practice done more to raise the standard of living of the poor than all the government and church programs in history....Monsanto and the Archer Daniels Midland Company have fed more hungry people than all the...soup kitchens combined.

  Dinesh D'Souza

  Archer, Soup Kitchens, Government

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• 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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• A single charitable foundation started by one capitalist does more good than a world full of socialists and leftists. Think Carnegie and his libraries, or Sloan and Kettering their hospital, or Gates in Africa.

  James Cook

  Thinking, Library, Foundation

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