Under capitalism each individual engages in economic planning. — George Reisman
In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions and interests dictate. — Ayn Rand
Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at. — Murray N. Rothbard
Capitalism gives all of us a great opportunity if we seize it with both hands and hang on to it. — Al Capone
Capitalism has the power to shape society and act as a powerful catalyst for change. — Larry Fink
Capitalism, and its relentless march towards progress, allowed many to win. — Jeff Booth
Economic progress, in capitalist society, means turmoil. — Joseph Schumpeter
Capitalism works. It's those who don't work that hate Capitalism, unfortunately. — Patrick Bet-David
The real bosses, in the capitalist system of market economy, are the consumers. — Ludwig von Mises
To develop political and economic power in a capitalist society, you need capital. — Bobby Seale
A free economy and strong communities honor the dignity of every person, rewarding effort with justice, promoting upward mobility, and building solidarity among citizens. — Paul Ryan
Capitalism historically has been a very dynamic force, and behind that force is technical progress, innovation, new ideas, new products, new technologies, and new methods of managing teams. — Manmohan Singh
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force. — Milton Friedman
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process — Joseph A. Schumpeter
Capitalism is the legitimate racket of the ruling class. — Al Capone
Short Capitalist Economy Quotes
Capitalism has worked very well. Anyone who wants to move to North Korea is welcome. — Bill Gates
The whole thing that makes Capitalism work is competition. — Patrick Bet-David
Capitalism has survived communism. Now, it eats away at itself. — Charles Bukowski
Capitalism is using its money; we socialists throw it away. — Fidel Castro
No matter the economy of the jungle, the lion will never eat grass.
Capitalist Economy Quotes
"Freedom" in capitalist countries exists only for those who possess money and who consequently hold power. — Nikita Khrushchev
Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God's children. — Martin Luther King, Jr.
Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies. — Robert Gilpin
We're all consumers. The consumer is not a moron; she is your wife.
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire. — Ludwig von Mises
In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy - where they are used to transact business. — Max Keiser
The broad liberal objective is a balanced and flexible "mixed economy," thus seeking to occupy that middle ground between capitalism and socialism whose viability has so long been denied by both capitalists and socialists. — Arthur M. Schlesinger, Jr.
I don’t have a Shopping Problem, I am helping the economy.
We want a system in which the worker shall get what he produces and the capitalist shall produce what he gets. — Eugene V. Debs
Every year the progress of advanced capitalist society makes our population consist of more and more isolates. This is because of the infrastructure of the economy, especially electronic communications. — Mary Douglas
A capitalist is someone who derives a substantial share of his income from his equity in producing companies. On this scale the figures are discouraging. Approximately ninety percent of the capital of this country is owned by five or less percent of the American people. — William F. Buckley, Jr.
Capitalism And Freedom Quotes
Liberty not only means that the individual has both the opportunity and the burden of choice; it also means that he must bear the consequences of his actions. Liberty and responsibility are inseparable. — Friedrich August von Hayek
Civilization no longer means capital accumulation per se; rather, it means what capital accumulation allows humans to achieve, flourishing and the freedom to seek greater meaning in life when their basic needs are assured and the most immediate dangers are under control. — Saifedean Ammous
And for man to look upon himself as a capital good, even if it did not impair his freedom, may seem to debase him... by investing in themselves, people can enlarge the range of choice available to them. It is one way free men can enhance their welfare. — Theodore William Schultz
Civilization is not about more capital accumulation per se; rather, it is about what capital accumulation allows humans to achieve, the flourishing and freedom to seek higher meaning in life when their base needs are met and most pressing dangers averted. — Saifedean Ammous
We must not let our rulers load us with perpetual debt. — Thomas Jefferson
The most powerful single force in the world today is neither Communism nor Capitalism, neither the H-bomb nor the guided missile -- it is man's eternal desire to be free and independent. — John F. Kennedy
One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary. — Ayn Rand
The companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties — Fernand Braudel
The chief safeguard of personal freedom in a democratic society is the anarchy and disorder of capitalist individualism. — Christopher Dawson
The fear of capitalism has compelled socialism to widen freedom, and the fear of socialism has compelled capitalism to increase equality. East is West and West is East, and soon the twain will meet. — Will Durant
Economic System Quotes
We always said that our struggle was not only against the British as representatives of colonialism, it was against all the evil that existed in India. The evil of the feudal system, the evil of the system based on caste, the evil of economic injustice. — Indira Gandhi
God, how patient are Thy poor! These corporations and masters of manipulation in finance heaping up great fortunes by a system of legalized extortion, and then exacting from the contributors-to whom a little means so much-a double share to guard the treasure! — Sayings
The essence of neo-colonialism is that the State which is subject to it is, in theory, independent and has all the outward trappings of international sovereignty. In reality its economic system and thus its political policy is directed from outside. — Kwame Nkrumah
Many people see technology as the problem behind the so-called digital divide. Others see it as the solution. Technology is neither. It must operate in conjunction with business, economic, political and social system. — Carly Fiorina
The system that enables the most people to earn the most success is free enterprise, by matching up people's skills, interests, and abilities. In contrast, redistribution simply spreads money around. Even worse, it attenuates the ability to earn success by perverting economic incentives. — Arthur C. Brooks
I believe that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue. — Muhammad Yunus
Having a lower tax, simpler, fairer, flatter tax system is something that can drive growth. — Rishi Sunak
The linear 'Take - Make - Dispose' system, which depletes natural resources and generates waste, is deeply flawed and can be productively replaced by a restorative model in which waste does not exist as such but is only food for the next cycle — Ellen MacArthur
Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt. — Jacque Fresco
Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust. — John Rawls
American Capitalism Quotes
The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations. — Thomas Jefferson
American capitalism finds its sharpest and most expressive reflection in the American cinema. — Sergei Eisenstein
Americans are in serious intellectual trouble - in danger of losing our hard-won cultural capital to a virulent mixture of anti-intellectualism, anti-rationalism and low expectations. — Susan Jacoby
We all too often have socialism for the rich and rugged free market capitalism for the poor. — Martin Luther King, Jr.
If you're going to dedicate your career to ranting about the excesses of American capitalism, you probably shouldn't weigh 450 pounds. — Greg Giraldo
The challenge for capitalism is that the things that breed trust also breed the environment for fraud. — James Surowiecki
I am now a fundamentalist American; give me time and I will tell you why individualism, laissez-faire and the slightly restrained anarchy of capitalism offer the best opportunities for the development of the human spirit. — Rose Wilder Lane
Where else could one find such a perfect combination of American values -- racism, militarism, capitalism -- all packaged in one 'ideal' symbol, a woman. — Robin Morgan
[I]f you think that American imperialism and its globalised, capitalist form is the most dangerous thing in the world, that means you don't think the Islamic Republic of Iran or North Korea or the Taliban is as bad. — Christopher Hitchens
It's a sad day for American Capitalism when a man can't fly a midget on a kite over central park. — Jim Moran
Free Market Capitalism Quotes
I am pro-capitalism, and I am pro-free market. — Max Keiser
The control of the production of wealth is the control of human life itself. — Hilaire Belloc
Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property. — Milton Friedman
Free market capitalism and trade is the only way to end hunger and poverty across our planet, the empirical evidence is unquestionable. — Javier Milei
Planning leads to dictatorship because dictatorship is the most effective instrument of coercion and the enforcement of ideals and, as such, essential if central planning on a large scale is to be possible. — Friedrich August von Hayek
Free-market capitalism, in the blink of an eye, was gutted and replaced by an oligopoly. — Gerald Celente
Nobody spends somebody else's money as carefully as he spends his own. — Milton Friedman
The existence of a free market does not of course eliminate the need for government. On the contrary, government is essential both as a forum for determining the "rule of the game" and as an umpire to interpret and enforce the rules decided on. — Milton Friedman
There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that. — Ha-Joon Chang
The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries. — Ha-Joon Chang
Capitalism And Socialism Quotes
Returning violence for violence multiplies violence, adding deeper darkness to a night already devoid of stars. — Martin Luther King, Jr.
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. — Joseph Schumpeter
Community connectedness is not just about warm fuzzy tales of civic triumph. In measurable and well-documented ways, social capital makes an enormous difference in our lives...Social capital makes us smarter, healthier, safer, richer, and better able to govern a just and stable democracy. — Robert D. Putnam
If one rejects laissez faire on account of mans fallibility and moral weakness, one must for the same reason also reject every kind of government action. — Ludwig von Mises
Capitalism inevitably and by virtue of the very logic of its civilization creates, educates and subsidizes a vested interest in social unrest. — Joseph A. Schumpeter
We have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad. — Martin Luther King, Jr.
There's a cushy socialism for the rich and this kind of brutal, merciless capitalism for the poor. — Robert F. Kennedy, Jr.
What really matters from the point of view of social capital and civic engagement is not merely nominal membership, but active and involved membership. — Robert D. Putnam
Monetary policy is about the redistribution of wealth and income from the masses to the classes. — Russell Napier
A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings. — Ludwig von Mises
Laissez Faire Capitalism Quotes
Her philosophy is carpe diem for herself and laissez faire for others. — F. Scott Fitzgerald
The main enemy of the open society, I believe, is no longer the communist but the capitalist threat. — George Soros
Laissez faire (in its full true meaning) opens the way to the realization of the noble dreams of socialism. — Henry George
There is only one party in the United States, the Property Party … and it has two right wings: Republican and Democrat. — Gore Vidal
Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships. — Ayn Rand
Laissez-faire is finished. The all-powerful market that always knows best is finished. — Nicolas Sarkozy
The laissez-faire argument relies on the same tacit appeal to perfection as does communism. — George Soros
Laissez Faire was very good sauce for the goose, labor, but was very poor sauce for the gander, capital. — Benjamin Tucker
The Romanticists predominantly, were enemies of capitalism, which they regarded as a prosaic, materialistic, “petty bourgeois” system — never realizing that it was the only system that could make freedom, individuality and the pursuit of values possible in practice. — Ayn Rand
My parents couldnt be looser. It was the ultimate laissez faire upbringing. — Charlie Trotter
Labor And Capital Quotes
Industry has operated against the artisan in favor of the idler, and also in favor of capital and against labor. Any mechanical invention whatsoever has been more harmful to humanity than a century of war. — Remy De Gourmont
It is essential that there should be organization of labor. This is an era of organization. Capital organizes and therefore labor must organize. — Theodore Roosevelt
Capital is dead labor, which, vampire-like, lives only by sucking living labor, and lives the more, the more labor it sucks. — Karl Marx
Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market. — Janet Napolitano
If capitalism is fair then unionism must be. If men and women have a right to capitalize their ideas and the resources of their country, then that implies the right of men and women to capitalize their labor. — Frank Lloyd Wright
Labor is the superior of capital, and deserves much the higher consideration — Abraham Lincoln
Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior ofcapital, and deserves muchthe higher consideration. — Abraham Lincoln
There will soon come an armed contest between capital and labor. They will oppose each other, not with words and arguments, but with shot and shell, gun-powder and cannon. The better classes are tired of the insane howling of the lower strata and they mean to stop them. — William Tecumseh Sherman
Puritanism carried the ethos of the rational organization of capital and labor. It took over from the Jewish ethic only what was adapted to this purpose. — Max Weber
The basic economic resource - the means of production -
is no longer capital, nor natural resources, nor labor.
It is and will be knowledge. — Peter Drucker
Socialist Economy Quotes
We want to ensure a multilateral development of society, the thriving of all sides of social life, economy, science and culture, the improvement of management, the moulding of the new man and the promotion of socialist ethics and equity. — Nicolae Ceausescu
No one can be, at the same time, a sincere Catholic and a true Socialist. — Pope Pius XI
It is essential to link enterprises on the basis of objective laws of a socialist economy and legal system. — Samora Machel
The [Communist] Party has one objective: the creation of a socialist economy; and one means: the utilization of the class struggle. — Jean-Paul Sartre
All the politics of the post-war period was about the clash between the Soviet Union and America, and virtually all issues ended up being subordinated to that. Now, the question is, what is the most a socialist can achieve in a global economy? — Ken Livingstone
It is not socialist, as some of our critics contend. It isn't purely capitalist, either. It is a new way. A third way. A more humane, trusting, productive, exhilarating, and, in every sense, rewarding way. — Ricardo Semler
Canada appears content to become a second-tier socialistic country, boasting ever more loudly about its economy and social services to mask its second-rate status. — Stephen Harper
I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. — Albert Einstein
But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world. — Peter L. Berger
We will shortly become like Germany, France, the United Kingdom, or Sweden - a socialist democracy in which the government dominates the economy, determines private-sector priorities and offers a vastly expanded range of services to many more people at much higher taxes. — Dick Morris
We mustn't fear to adopt the advanced management methods applied in capitalist countries. The very essence of socialism is the liberation and development of the productive systems. Socialism and market economy are not incompatible. We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations. — Deng Xiaoping
And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy. — Martin Luther King, Jr.
Production for the sake of production - the obsession with the rate of growth, whether in the capitalist market or in planned economies - leads to monstrous absurdities. The only acceptable finality of human activity is the production of a subjectivity that is auto-enriching its relation to the world in a continuous fashion. — Felix Guattari
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. — Janet Yellen
Populists believe in conspiracies, and one of the most enduring is that a secret group of international bankers and capitalists, and their minions, control the world's economy. Because of my name and prominence as the head of the Chase for many years, I have earned the distinction of the "conspirator in chief" from these people. — David Rockefeller
The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously. — Amory Lovins
The restoration of property would be a complicated, arduous and presumably a lengthy business; the transformation of a Capitalist Society into a Communist one needs nothing but the extension of existing conditions. — Hilaire Belloc
It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers. — Ludwig von Mises
The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future. — Joan Robinson
The primary social goal of both systems of political economy is for middle-aged men to attract good-looking younger women. Democratic capitalists believe that good-looking younger women are attracted mainly by money. Social democratic capitalists believe that they are attracted mainly by power. — Gary North
There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties. — Ludwig von Mises
Some people think that as the Chinese economy becomes more and more capitalistic it will inevitably become more democratic — Peter L. Berger
The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of his fellow-men. The market alone puts the whole social system of private ownership of the means of production and free enterprise in order and provides it with sense and meaning. — Ludwig von Mises
To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. — Murray Bookchin
Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college. — Noam Chomsky
The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning. — Ludwig von Mises
In the major state capitalists economies, Europe and the US, it's low growth and stagnation and a very sharp income differentiation a shift - a striking shift - from production to financialization. — Noam Chomsky
Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew. — Kenneth Rogoff
A genuine Left doesn't consider anyone's suffering irrelevant or titillating; nor does it function as a microcosm of capitalist economy, with men competing for power and status at the top, and women doing all the work at the bottom.... Goodbye to all that. — Robin Morgan
Labor is the source of subsistence, capital is the source of affluence. My idea is to make everyone a capitalist, and therefore, financially secure. — Louis O. Kelso
There cannot exist in the future an economy which is still mercantile but which isn't capitalist anymore. Before capitalism there were economies which were partially mercantile, but capitalism is the last of this genre. — Amadeo Bordiga
Production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin. — Immanuel Wallerstein
No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for the rise of the Western capitalist economy and the building of private fortunes-and it was based on the sin of usury. — Barbara Tuchman
Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory. — Ha-Joon Chang
Workers do not strike every day, they cannot do that the way they function in the capitalist economy. The way they have to live by selling their labor power makes that impossible. — Ernest Mandel
Productivity-the amount of output delivered per hour of work in the economy-is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers. — Tim Jackson
Had Marx understood the implications of the principles of capitalistic distribution which presented themselves to him as "appearances" only, he might have become a revolutionary capitalist instead of a revolutionary socialist. — Louis O. Kelso
It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy. — Michal Kalecki
We may now have reached a point where this gap in our make-up has become unsustainable; partly because what in the past would have counted as material plenty has become the norm for the majority in much of the world; and partly because the slow retreat of religion that coincided with the spread of a capitalist economy has left a gaping hole in millions of people's lives. (Geoff Mulgan) — Dalai Lama
Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist. — Peter Singer
Consider in what way the industrial system developed upon capitalist lines. Why were a few rich men put with such ease into possession of the new methods? Why was it normal and natural in their eyes and in that of contemporary society that those who produced the new wealth with the new machinery should be proletarian and dispossessed? — Hilaire Belloc
My claim is that we do not have a market economy, but a capitalist economy. — David Korten
The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters. — James Tobin
In Conclusion
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