Skip to content

Capitalism Quote by Knut Wicksell

“[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed.” quote by Knut Wicksell
Download Open image
““[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed.””

Knut Wicksell

About This Quote

Source Treatise: Social Economics, 1896

Equality of opportunity is assumed, but without equal resources individuals are solely responsible for failure.

In simple terms: If everyone started equal, success depends on personal effort alone.

Key Takeaway

Recognize structural inequalities.

Themes

equality responsibility economics

Mood

critical analytical

Type

philosophical political

When to use this quote

  • education policy
  • wealth distribution
  • employment
  • social mobility

Key Concepts

social justice meritocracy

Questions to Reflect On

  • How do unequal resources affect outcomes?
  • What policies can level the playing field?
A Different Perspective

Ignores systemic barriers that limit true equality.

3.4 out of 5 (7 ratings)

More Capitalism quotes

Browse all 3,832 Capitalism quotes