Category: capitalism
The best system yet
Capitalism is the greatest economic system yet devised. It creates prosperity for the most people, and opportunity for everybody.
Free competition
Free competition is worth more to society than it costs.
Diversity of enterprise for the wealth of a nation
To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted.
Three forms of capital
Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.
Private enterprise
Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Only a handful see it for what it really is — the strong horse that pulls the whole cart.
Capitalism vs. communism
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.’ The capitalist seeing the same thing says, ‘All men should have as much.’
Greed vs. virtue
Phil Donohue: When you see around the globe the maldistribution of wealth, the desperate plight of millions of people in underdeveloped countries, when you see so few haves and so many have-nots, when you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism? And whether greed is a good idea to run on?
Continue reading “Greed vs. virtue”Mitigating greed
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.
Set business free
I think all the world would gain by setting commerce at perfect liberty.