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Our Panel of Experts Discusses Capitalism

Submitted by Roanman on Tue, 09/20/2011 - 07:16

 

Doing well is the result of doing good. That's what capitalism is all about.  Ralph Waldo Emerson

 

History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.  Milton Friedman

 

It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term.  Peter L. Berger

 

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.  Thomas Sowell

 

Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.  Bertrand Russell

 

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

 

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

 

Capitalism is the legitimate racket of the ruling class.  Al Capone

 

Capitalism is using its money; we socialists throw it away.  Fidel Castro

 

For capitalism, war and peace are business and nothing but business.  Karl Liebknecht

 

I am going to fight capitalism even if it kills me. It is wrong that people like you should be comfortable and well fed while all around you people are starving.  Sylvia Pankhurst

 

If allowed to run free of the social system, capitalism will attempt to corrupt and undermine democracy, which is after all not a natural state.  John Ralston Saul

 

Fascism is capitalism plus murder.  Upton Sinclair

 

Fascism is capitalism in decay.  Vladimir Lenin

 

If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.  Vladimir Lenin

 

In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.  Fran Lebowitz

 

The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.  Anatoly Chubais

 

The cure for capitalism's failing would require that a government would have to rise above the interests of one class alone.  Robert Heilbroner

 

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

 

The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.   Milton Friedman

 

There is a serious tendency toward capitalism among the well-to-do peasants.   Mao Tse-Tung

 

This American system of ours, call it Americanism, call it capitalism, call it what you will, gives each and every one of us a great opportunity if we only seize it with both hands and make the most of it.   Al Capone

 

The ideology of capitalism makes us all into connoisseurs of liberty - of the indefinite expansion of possibility.   Susan Sontag

 

I believe totally in a Capitalist System, I only wish that someone would try it.  Frank Lloyd Wright

 

Under capitalism each individual engages in economic planning.   George Reisman

 

Under capitalism, man exploits man.  Under communism, just the opposite is true.   John Kenneth Galbraith or Polish Proverb ... take your pick

 

Unemployment is capitalism's way of getting you to plant a garden.  Orson Scott Card

 

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

 

You can talk about capitalism and communism and all that sort of thing, but the important thing is the struggle everybody is engaged in to get better living conditions, and they are not interested too much in government.   Bernard Baruch