Quotes About Capitalism

The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.

Capitalism has socialized production. It has brought thousands of people together in the factory and involved them in new social relationships.

China is not a great idea: capitalism and a dictator. It's like the two worst possible things you could imagine together. It's a very bad idea.

the Australian economist Peter Saunders argues, '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.

Most of the so-called robber barons got rich by cutting the price of goods, not raising them.

Free-market commerce is the only system of human organisation yet devised where ordinary people are in charge – unlike feudalism, communism, fascism, slavery and socialism.

The ten most violent countries in the world in 2014 – Syria, Afghanistan, South Sudan, Iraq, Somalia, Sudan, Central African Republic, Democratic Republic of the Congo, Pakistan and North Korea – are all among the least capitalist. The ten most peaceful – Iceland, Denmark, Austria, New Zealand, Switzerland, Finland, Canada, Japan, Belgium and Norway – are all firmly capitalist.

To trade by means of money is the code of the men of good will. Money rests on the axiom that every man is the owner of his mind and his effort.

A free economy cannot exist without competition. Therefore, men must be forced to compete. Therefore, we must control men in order to force them to be free.

I'm not interested in helping anybody. I want to make money.

Let those who are actually concerned with peace observe that capitalism gave mankind the longest period of peace in history—a period during which there were no wars involving the entire civilized world—from the end of the Napoleonic wars in 1815 to the outbreak of World War I in 1914.

What I described last," said Francisco, "is any man who proclaims his right to a single penny of another man's effort.

So I want to be prepared to claim the greatest virtue of all—that I was a man who made money.

A free mind and a free economy are corollaries. One can't exist without the other.

Americans were the first to understand that wealth has to be created. The words 'to make money' hold the essence of human morality.

Do not, however, make the error of reversing cause and effect: the good of the country was made possible precisely by the fact that it was not forced on anyone as a moral goal or duty; it was merely an effect; the cause was a man's right to pursue his own good. It is this right—not its consequences—that represents the moral justification of capitalism.

Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter. So long as men live together on earth and need means to deal with one another—their only substitute, if they abandon money, is the muzzle of a gun.

I shall answer all the questions you are afraid to ask me openly. Do I wish to pay my workers more than their services are worth to me? I do not. Do I wish to sell my product for less than my customers are willing to pay me? I do not. Do I wish to sell it at a loss or give it away? I do not.

No political system can establish universal rationality by law (or by force). But capitalism is the only system that functions in a way which rewards rationality and penalizes all forms of irrationality, including racism.

Lois Cook said that words must be freed from the oppression of reason. She said the stranglehold of reason upon words is like the exploitation of the masses by the capitalists. Words must be permitted to negotiate with reason through collective bargaining. That's what she said. She's so amusing and refreshing.

The moral justification of capitalism is man's right to exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself; it is the recognition that man—every man—is an end in himself, not a means to the ends of others, not a sacrificial animal serving anyone's need.

I made my money by my own effort, in free exchange and through the voluntary consent of every man I dealt with—the voluntary consent of those who employed me when I started, the voluntary consent of those who work for me now, the voluntary consent of those who buy my product.

In a system of full capitalism, there should be (but, historically, has not yet been) a complete separation of state and economics, in the same way and for the same reasons as the separation of state and church.

There is no such thing as a natural monopoly, any more than there is a natural crime. There isn't a single profession or service of a productive nature that should be a monopoly , enforced by law. If any one businessman in a given field can successfully provide all the services and best products at the best price, you could loosely call that a natural monopoly, but it's not a monopoly in the usual sense—that is, it isn't coercive.