#capital

Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed? What is greed? Of course, none of us are greedy, it’s only the other fellow who’s greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty you’re talking about, the only cases in recorded history, are where they have had capitalism and largely free trade. If you want to know where the masses are worse off, worst off, it’s exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system. ↗

— Milton Friedman

#economics #greed #civilization

The problem with Marxism is the proletariat isn’t going to rise up against capitalism and consumerism. The only time they’ll rise up is during a commercial break to either go to the bathroom or grab more beer.
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— Jarod Kintz

#beer #capitalism #commercials #communism #consumerism

Time and again our best and brightest have alerted society to looming problems, but our persistent pattern has been to ignore the warnings and suffer the consequences. The pathetic refrain of recent years --'Nobody saw this coming'--is always a self-serving lie. ↗

— Eugene Linden

#environmentalism #environmentalism

The trade deficit is the capital surplus and don't ever think of having a capital surplus as being a bad thing for our country. ↗

— Arthur Laffer

#bad thing #being #capital #country #deficit

I mean, everyone agrees with stress tests for banks. I mean that's clear. But banks should do that on their own. And they should worry about their own capital functioning. That's what they should do. It shouldn't be a government function. ↗

— Arthur Laffer

#banks #capital #clear #everyone #function

Which would you rather have, capital lined up on your borders, trying to get into your country or trying to get out of your country? We are the capital magnet of this planet and we are the savior for not only people, for not only freedom, but also for capital. ↗

— Arthur Laffer

#borders #capital #country #freedom #get

World wide capitalism kills more people everyday then Hitler did. And he was crazy. ↗

— Ken Livingstone

#crazy #did #everyday #hitler #kills

Bourgeois class domination is undoubtedly an historical necessity, but, so too, the rising of the working class against it. Capital is an historical necessity, but, so too, its grave digger, the socialist proletariat. ↗

— Rosa Luxemburg

#bourgeois #capital #class #domination #grave

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

— Alfred Marshall

#capital #devoted #further #obtaining #part

Now a great debate has been born. The thesis is Democratic Socialism. The antithesis is free-market capitalism. The Obama Democrats have posed the challenge. It is now up to the Republicans to pick it up and fight along these lines. ↗

— Dick Morris

#antithesis #been #born #capitalism #challenge