Capitalism Quote by Charlie Munger

“I regard it as very unfair, but capitalism without failure is like religion without hell.”

Charlie Munger

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Capitalism Failure Hell Regard Religion Unfair

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Almost all good businesses engage in 'pain today, gain tomorrow' activities.

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If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…

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Acquire worldly wisdom and adjust your behavior accordingly. If your new behavior gives you a little temporary unpopularity with your peer group then to…

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I think time and time again, in reality, psychological notions and economic notions interplay, and the man who doesn't understand both is a damned…

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I have what I call an iron prescription that helps me keep sane when I naturally drift toward preferring one ideology over another and…

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The tax code gives you an enormous advantage if you can find some things you can just sit with.

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The great lesson in microeconomics is to discriminate between when technology is going to help you and when it's going to kill you. And…

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Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…

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They [Mc Donalds] take people and give them a first job, which enables them to get a second job. They do a very good…

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What good is envy? It’s the one sin you can’t have any fun at.

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We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good…

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It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling to parlay their existing advantage into dominance on the Internet. But it is way less sure [that this will occur] than the certainty 20 years ago that the basic business would grow steadily, so there's more…

Charlie Munger

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Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.

Rupert Murdoch

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Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

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Philosopher is a dictator who modifies accepted standards with his thoughts.

Ilkin Santak

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There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit stupider, more rigid, more doctrinaire in their laissez-faire capitalism than the Democrats, who are cuter, prettier, a bit more corrupt - until recently... and more willing than the Republicans to make small adjustments when the poor,…

Gore Vidal

Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants,…

Joseph Stalin

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Corporations have nothing to do with values, and they know it, and sometimes say it.

Eric Kierans

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Capitalism, communism ... it's all garbage.

Mstislav Rostropovich

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There are no two countries with the same style of economic mechanism, with the same capitalism.

Anatoly Chubais

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Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…

John Adams

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“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”

David L. Weimer

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“A car is one of the most interesting inventions, but driving is one of the most boring activities.”

Mokokoma Mokhonoana

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“Occult Theft,--Theft which hides itself even from itself, and is legal, respectable, and cowardly,--corrupts the body and soul of man, to the last fibre of them. And the guilty Thieves of Europe, the real sources of all deadly war in it, are the Capitalists”

John Ruskin

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Capitalism Quote by Charlie Munger

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