Capitalism

11 quotes.

• The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.

  Winston Churchill

• It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.

  Adam Smith

• Capital is dead labour which, vampire-like, lives only by sucking living labour.

  Karl Marx

• Capital is that part of wealth which is devoted to obtaining further wealth.

  Alfred Marshall

• Capitalism and communism stand at opposite poles. Their essential difference is this: The communist, seeing the rich man and his fine home, says: "No man should have so much."

  Phelps Adams

• Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

  Keynes

• The dynamo of our economic system is self-interest which may range from mere petty greed to admirable types of self-expression.

  Felix Frankfurter

• The fundamental idea of modern capitalism is not the right of the individual to possess and enjoy what he has earned, but the thesis that the exercise of this right redounds to the general good.

  Ralph Barton Perry

• The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization.

  Mikhail Gorbachev

• The market is a wonderful servant but a terrible master.

  Anonymous

• People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public.

  Adam Smith

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