Capitalism Quote by Henry Hazlitt

Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of…

— Ludwig von Mises

If our economy of freedom fails to distribute wealth as ably as it has created it, the road to dictatorship will be open to…

— Will Durant

We want capitalism and market forces to be the slave of democracy rather than the opposite.

— Thomas Piketty

Capitalism and market forces are very powerful in producing wealth and innovation. But we need to ensure that these forces act in the common…

— Thomas Piketty

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

— David Korten

“John Kenneth Galbraith, in The Economics of Innocent Fraud, provided a still stronger condemnation of prevailing economic and social science, arguing that in recent…

— Anonymous

When each of us is free to work out his own economic destiny, within the framework of the market economy, the institution of private…

— Henry Hazlitt

Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed to cure. Voluntary private…

— Henry Hazlitt

A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations…

— Henry Hazlitt

“Robert Owen’s was a true insight: market economy if left to evolve according to its own laws would create great and permanent evils.”

— Karl Polanyi

“Liberal” in the nineteenth-century United States and Europe designated people who in many, but not all, respects would be called conservatives in the twenty-first…

— Richard White

No one spends someone elses money as carefully as he spends his own.

— Mark Skousen

“China has undergone an enormous transformation. But because the political system remains unchanged, the great changes in the economic and social sphere have resulted…

— Yang Jisheng

There is no kind of freedom and liberty other than the kind which the market economy brings about.

— Ludwig von Mises

Mexico is a market economy, but we should have better markets.

— Luis Videgaray Caso