Capitalism

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

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 so much.

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

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

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.

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

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