Capitalism Quote by Guy Standing

The Welfare State is merely a method for transforming the market economy step by step into socialism.

— Ludwig von Mises

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…

— Richard Ebeling

Contrary to what many people believe, the welfare state was originally a 'rightwing' invention. It was the arch-conservative Otton von Bismarck who first introduced…

— Ha-Joon Chang

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members…

— Alan Greenspan

“More than anything else, the welfare states of the mid-20th century established the profound indecency of defining civic status as a function of economic…

— Tony Judt

The history of the welfare state is the history of public enterprise pushing out private organization. The impact was largely unintentional, but natural and…

— Doug Bandow

“Yet today, all over the developed world, welfare states are on shaky ground. The tax rates necessary to sustain the massive transfer programs are…

— David Boaz

The welfare state, which grew out of post-war solidarity, has for decades been based on the principle that those who pay into the system…

— Emily Thornberry

Welfare is the basic cause of the deleterious cultural changes we have witnessed in the West over the past 60 years.

— Martin Durkin

The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become "everybody's entitlement" and an increasing burden on…

— Peter Drucker

In fact, the capitalist class in the '50s was sort of part of a social contract. It was part of the tenor of the…

— Noam Chomsky

Modern economics and the welfare state borrowed heavily on the future.

— Gregory Benford