Capitalist Quotes - Page 31

• There is no reason why capitalists and entrepreneurs should be ashamed of earning profits.

  Ludwig von Mises

  Entrepreneur, Earning, Reason Why

  Ludwig Von Mises (1974). “Planning for freedom, and twelve other essays and addresses”

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• Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.

  Henry Hazlitt

  Successful, Hands, Competition

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• For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood.

  Charlie Munger

  Negative, Littles, Way

  Charlie Munger's comments on the impact of technology and the Internet at the 2000 Berkshire Hathaway Annual Meeting, www.fool.com. May 1, 2000.

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• Harvard and Yale concentrated with venture capitalists that got the best calls and brainpower. Very few firms made most of the money, and they made it in just a few periods. Everyone else returned between mediocre and lousy. When returns happened, envy rippled through institutional money management. The amount invested in venture capital went up 10 times post-1999. That later money was lost very quickly. It will happen again. I don't know anyone who successfully resists this stuff. It becomes a new orthodoxy.

  Charlie Munger

  Yale, Envy, Venture Capitalists

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• In the two books I wrote, even though they were written in a sort of Joycean gobbledegook, there's many knocks at religion and there is a play about a worker and a capitalist. I've been satirising the system since my childhood. I used to write magazines in school and hand them around.

  John Lennon

  Book, Writing, School

  Source: www.counterpunch.org

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• I don't believe the war is simply the work of politicians and capitalists. Oh no, the common man is every bit as guilty; otherwise, people and nations would have rebelled long ago!.

  Anne Frank

  War, Believe, Men

  Anne Frank (2011). “The Diary of a Young Girl: The Definitive Edition”, p.164, Bantam

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• The Cloud-Native Enterprise is a venture capitalist creating continuous innovation powered by Cloud Foundry.

  Colin Humphreys

  Creating, Clouds, Innovation

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• Kurdish autonomous region of Iraq is clearly a 'client' state of the West, of Turkey and to some extent, Israel. It is shamelessly capitalist, taking land from its own people, cheating them, just in order to pump and refine huge quantities of oil. It treats Syrian refugees like animals, forcing them to make anti-Assad statements. It is turning ancient Erbil into some bizarre shopping mall with nothing public in sight. Its military top brass is mainly US/UK-trained and indoctrinated. And it provokes Baghdad, day and night.

  Andre Vltchek

  Cheating, Military, Night

  Source: www.counterpunch.org

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