---
title: "Meaning & Key Takeaway of: Capitalism will continue to eliminate…"
description: "\"Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.\" — ..."
image: "https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg"
---

#  Capitalism will continue to eliminate mass poverty in more…

![“Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.” quote by Henry Hazlitt](https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg)   [Download](https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg) [Open image](https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg)

> “Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.”

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Capitalism, if left unchecked, will progressively reduce poverty worldwide, assuming no external constraints.

**In simple terms:** Free markets can end poverty if unrestricted.

Key Takeaway

Promote open markets while monitoring impacts.

Themes

economics poverty reduction capitalism policy growth

Mood

analytical cautionary

Type

economic philosophical

When to use this quote

- economic policy
- social welfare programs
- international aid
- business expansion

Key Concepts

market forces inequality regulation global development

Questions to Reflect On

- Can unchecked markets truly benefit all societies?
- What safeguards are needed to protect the poor?

A Different Perspective

Unregulated capitalism can increase inequality and exploit vulnerable groups.

★ ★ ★ ★ ★   No ratings yet

[Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Capitalism Continue](https://sms4smile.com/quotes/about/capitalism-continue-1758470/) [Economics](https://sms4smile.com/quotes/about/economics/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Increasingly Marked](https://sms4smile.com/quotes/about/increasingly-marked-3629727/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Mass](https://sms4smile.com/quotes/about/mass/) [Mass Poverty](https://sms4smile.com/quotes/about/mass-poverty-1466815/) [Places Increasingly](https://sms4smile.com/quotes/about/places-increasingly-3629726/) [Poverty](https://sms4smile.com/quotes/about/poverty/)

## Related quotes

> [I'm a capitalist, and I believe that universal basic income is necessary for capitalism to continue.](https://sms4smile.com/quotes/andrew-yang/i-m-a-capitalist-and-i-believe-that-universal-basic-income-is/)

[Andrew Yang](https://sms4smile.com/quotes/author/andrew-yang/)

> [The capitalist system has lifted mankind out of mass poverty. It is this system that in the last century, in the last generation, even…](https://sms4smile.com/quotes/henry-hazlitt/the-capitalist-system-has-lifted-mankind-out-of-mass-poverty-it-is/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [The primary cause of disorder and lawlessness today, as throughout history, is the poverty of the many in contrast to the affluence of the…](https://sms4smile.com/quotes/louis-o-kelso/the-primary-cause-of-disorder-and-lawlessness-today-as-throughout/)

[Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/)

> [Meaningful solutions to the problems of mass poverty that prevails in India I believe can only be found in the framework of an expanding…](https://sms4smile.com/quotes/manmohan-singh/meaningful-solutions-to-the-problems-of-mass-poverty-that-prevails-in/)

[Manmohan Singh](https://sms4smile.com/quotes/author/manmohan-singh/)

> [“If there are so many references in the Mass to poverty, sadness, failure and loss, it is because the Church views the ill, the…](https://sms4smile.com/quotes/alain-de-botton/if-there-are-so-many-references-in-the-mass-to-poverty-sadness/)

[Alain de Botton](https://sms4smile.com/quotes/author/alain-de-botton/)

> [In effect, according to Lenin, socialism and democracy are indivisible. By gaining democratic freedoms the working masses come to power.](https://sms4smile.com/quotes/mikhail-gorbachev/in-effect-according-to-lenin-socialism-and-democracy-are-indivisible/)

[Mikhail Gorbachev](https://sms4smile.com/quotes/author/mikhail-gorbachev/)

> [The characteristic feature of modern capitalism is mass production of goods destined for consumption by the masses. The result is a tendency towards a…](https://sms4smile.com/quotes/ludwig-von-mises/the-characteristic-feature-of-modern-capitalism-is-mass-production-of/)

[Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/)

> [ Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, Liberalism would preserve \[them\] ... by reconciling… ](https://sms4smile.com/quotes/anonymous/socialism-needs-to-pull-down-wealth-liberalism-seeks-to-raise-up/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [It all looks American because America, the country that invented mass capitalism and consumerism, got there first. the impact of mass capitalism is now…](https://sms4smile.com/quotes/fareed-zakaria/it-all-looks-american-because-america-the-country-that-invented-mass/)

[Fareed Zakaria](https://sms4smile.com/quotes/author/fareed-zakaria/)

> [Radicals, on the other hand, want to advance from the jungle of laissez-faire capitalism to a world worthy of the name of human civilization.…](https://sms4smile.com/quotes/saul-alinsky/radicals-on-the-other-hand-want-to-advance-from-the-jungle-of-laissez/)

[Saul Alinsky](https://sms4smile.com/quotes/author/saul-alinsky/)

> [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…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/)

[Gore Vidal](https://sms4smile.com/quotes/author/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,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/)

[Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/)

> [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/)

[Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/)

> [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/)

[Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/)

> [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/)

[Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/)

## More by Henry Hazlitt

> [It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It…](https://sms4smile.com/quotes/henry-hazlitt/it-is-often-sadly-remarked-that-the-bad-economists-present-their/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals…](https://sms4smile.com/quotes/henry-hazlitt/this-is-perhaps-as-good-a-place-as-any-to-point-out-that-what/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [Government can't give us anything without depriving us of something else.](https://sms4smile.com/quotes/henry-hazlitt/government-can-t-give-us-anything-without-depriving-us-of-something/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private…](https://sms4smile.com/quotes/henry-hazlitt/when-the-government-makes-loans-or-subsidies-to-business-what-it-does/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely…](https://sms4smile.com/quotes/henry-hazlitt/the-analysis-of-our-illustrations-has-taught-us-another-incidental/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It…](https://sms4smile.com/quotes/henry-hazlitt/there-is-a-profound-contrast-between-the-effects-of-foreign-aid-and/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation…](https://sms4smile.com/quotes/henry-hazlitt/the-mounting-burden-of-taxation-not-only-undermines-individual/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [Multiculturalism means your kid has to learn some wretched tribal dirge for the school holiday concert instead of getting to sing 'Rudolph the Red-Nosed…](https://sms4smile.com/quotes/henry-hazlitt/multiculturalism-means-your-kid-has-to-learn-some-wretched-tribal/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder…](https://sms4smile.com/quotes/henry-hazlitt/it-is-possible-to-increase-paper-money-income-to-any-amount-by/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are…](https://sms4smile.com/quotes/henry-hazlitt/inflation-makes-the-extension-of-socialism-possible-by-providing-the/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [“the desperate need to get back to normal housing and other living conditions stimulated increased efforts. But this does not mean that property destruction…](https://sms4smile.com/quotes/henry-hazlitt/the-desperate-need-to-get-back-to-normal-housing-and-other-living/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,…](https://sms4smile.com/quotes/henry-hazlitt/yet-it-ought-to-be-clear-that-a-minimum-wage-law-is-at-best-a-limited/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [“It is a misconception to think of the function or result of machines as primarily one of creating jobs . The real result of…](https://sms4smile.com/quotes/henry-hazlitt/it-is-a-misconception-to-think-of-the-function-or-result-of-machines/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

> [A certain amount of taxes is of course indispensable to carry on essential government functions. Reasonable taxes for this purpose need not hurt production…](https://sms4smile.com/quotes/henry-hazlitt/a-certain-amount-of-taxes-is-of-course-indispensable-to-carry-on/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/henry-hazlitt/a-vital-function-of-the-free-market-is-to-penalize-inefficiency-and/)

[Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/)

[Explore all 148 Henry Hazlitt quotes ](https://sms4smile.com/quotes/author/henry-hazlitt/)

## More Capitalism quotes

> [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/)

[Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/)

> [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/)

[Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/)

> [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/)

[Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/)

> [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…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/)

[Gore Vidal](https://sms4smile.com/quotes/author/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,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/)

[Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/)

> [Corporations have nothing to do with values, and they know it, and sometimes say it.](https://sms4smile.com/quotes/eric-kierans/corporations-have-nothing-to-do-with-values-and-they-know-it-and/)

[Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/)

> [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/)

[F. A. Harper](https://sms4smile.com/quotes/author/f-a-harper/)

> [The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…](https://sms4smile.com/quotes/anonymous/the-free-market-is-ugly-and-stupid-like-going-to-the-mall-the-unfree/)

[Anonymous](https://sms4smile.com/quotes/author/anonymous/)

> [Capitalism, communism ... it's all garbage.](https://sms4smile.com/quotes/mstislav-rostropovich/capitalism-communism-it-s-all-garbage/)

[Mstislav Rostropovich](https://sms4smile.com/quotes/author/mstislav-rostropovich/)

> [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/)

[Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/)

> [It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…](https://sms4smile.com/quotes/robert-kuttner/it-is-more-than-a-little-ironic-that-capital-accumulation-once-a/)

[Robert Kuttner](https://sms4smile.com/quotes/author/robert-kuttner/)

> [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…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/)

[John Adams](https://sms4smile.com/quotes/author/john-adams/)

> [Socialism is humanity's second nature. All politicians do is turn human vice into votes.](https://sms4smile.com/quotes/ilana-mercer/socialism-is-humanity-s-second-nature-all-politicians-do-is-turn/)

[Ilana Mercer](https://sms4smile.com/quotes/author/ilana-mercer/)

> [“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”](https://sms4smile.com/quotes/david-l-weimer/scholars-have-long-debated-whether-capital-markets-lead-to/)

[David L. Weimer](https://sms4smile.com/quotes/author/david-l-weimer/)

> [“A car is one of the most interesting inventions, but driving is one of the most boring activities.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/a-car-is-one-of-the-most-interesting-inventions-but-driving-is-one-of/)

[Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/)

[Browse all 3,832 Capitalism quotes ](https://sms4smile.com/quotes/about/capitalism/)

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.",
            "creator": {
                "@type": "Person",
                "name": "Henry Hazlitt"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/henry-hazlitt/capitalism-will-continue-to-eliminate-mass-poverty-in-more-and-more/",
            "about": {
                "@type": "Thing",
                "name": "Capitalism"
            },
            "@id": "https://sms4smile.com/quotes/henry-hazlitt/capitalism-will-continue-to-eliminate-mass-poverty-in-more-and-more/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg",
                "url": "https://sms4smile.com/quotes/i/694/henry-hazlitt-2839_capitalism_capitalism-will-continue-to-eliminate-ma_2016575.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked…” — Henry Hazlitt",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Henry Hazlitt",
                    "item": "https://sms4smile.com/quotes/author/henry-hazlitt/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "Capitalism will continue to eliminate mass...",
                    "item": "https://sms4smile.com/quotes/henry-hazlitt/capitalism-will-continue-to-eliminate-mass-poverty-in-more-and-more/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/henry-hazlitt/capitalism-will-continue-to-eliminate-mass-poverty-in-more-and-more/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
