Capitalism Quote by Friedrich August von Hayek Download Open image “Capitalism created the possibility of employment.” — Friedrich August von Hayek ★ ★ ★ ★ ★ 2.6 out of 5 (9 ratings) Copy quoteShare Capitalism Economics Employment Possibility
Ingeniously, capitalism discovered that the economy may be moved not by satisfying existing needs, but by creating new ones. — Zygmunt Bauman Copy Share Image
Capitalism has given people both the liberty and the incentive to create, produce, and trade, thereby generating prosperity. — Johan Norberg Copy Share Image
Capitalism drives the employers to do their worst to the employed, and the employed to do the least for them. And it boasts all… — George Bernard Shaw Copy Share Image
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. — Ludwig von Mises Copy Share Image
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 Copy Share Image
The inequality of income and fortunes is essential in capitalism. — Ludwig von Mises Copy Share Image
Capitalism in the 19th century did not doom the worker to a life of perpetual poverty. Instead, they kept creating new and better-paying employments as the decades went by. They produced the wealth and rising income that resulted in the emergence of a phenomenon completely new to human history: a self-supporting and educated middle class that grew more and more… — Richard Ebeling Copy Share
People talk about "job creation," as if that had ever been the aim the industrial economy. The aim was to replace people with machines. — Wendell Berry Copy Share Image
Work, work, proletarians, to increase social wealth and your individual poverty; work, work, in order that becoming poorer, you may have more reason to… — Paul Lafargue Copy Share Image
I truly believe that capitalism was created to help people live better lives, but sadly over the years it has lost its way a… — Richard Branson Copy Share Image
The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply. — Ludwig von Mises Copy Share Image
The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those… — Friedrich August von Hayek Copy Share Image
By the time any view becomes a majority view, it is no longer the best view: somebody will already have advanced beyond the point… — Friedrich August von Hayek Copy Share Image
Freedom can be preserved only if it is treated as a supreme principle which must not be sacrificed for particular advantages. — Friedrich August von Hayek Copy Share Image
Should our moral beliefs really prove to be dependent on factual assumptions shown to be incorrect, it would be hardly moral to defend them… — Friedrich August von Hayek Copy Share Image
It is true that the virtues which are less esteemed and practiced now--independence, self-reliance, and the willingness to bear risks, the readiness to back… — Friedrich August von Hayek Copy Share Image
Unlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal… — Friedrich August von Hayek Copy Share Image
We must make the building of a free society once more an intellectual adventure, a deed of courage… Unless we can make the philosophic… — Friedrich August von Hayek Copy Share Image
The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the… — Friedrich August von Hayek Copy Share Image
The discussions of every age are filled with the issues on which its leading schools of thought differ. But the general intellectual atmosphere of… — Friedrich August von Hayek Copy Share Image
The Nobel Prize confers on an individual an authority which in economics no man ought to possess. — Friedrich August von Hayek Copy Share Image
[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most… — Friedrich August von Hayek Copy Share Image
It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends… — Friedrich August von Hayek Copy Share Image
Don't let's lose sight of what creates wealth. It is open markets, it is capitalism. — Rupert Murdoch Copy Share Image
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 Copy Share Image
Philosopher is a dictator who modifies accepted standards with his thoughts. — Ilkin Santak Copy Share Image
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… — Gore Vidal Copy Share Image
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 Copy Share Image
Corporations have nothing to do with values, and they know it, and sometimes say it. — Eric Kierans Copy Share Image
There are no two countries with the same style of economic mechanism, with the same capitalism. — Anatoly Chubais Copy Share Image
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 Copy Share Image
“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.” — David L. Weimer Copy Share Image
“A car is one of the most interesting inventions, but driving is one of the most boring activities.” — Mokokoma Mokhonoana Copy Share Image
“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… — John Ruskin Copy Share Image
![“[Socialistic] economic planning, regulation, and intervention pave the way to totalitarianism by building a power structure that will inevitably be seized by the most power-hungry and unscrupulous.” quote by Friedrich August von Hayek](https://sms4smile.com/quotes/img-quotes/e34/friedrich-august-von-hayek-141_building_socialistic-economic-planning-regulation_162331.jpg)
![“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy…” quote by Joseph Stalin](https://sms4smile.com/quotes/img-quotes/411/joseph-stalin-1734_capitalism_neither-italian-fascism-nor-german-natio_1430.jpg)
