Capitalism Quote by Louis O. Kelso
“The path the capitalist revolution will take faces in exactly the opposite direction from that taken by the communist revolution. It seeks to diffuse the private ownership of capital instead of abolishing it entirely. It seeks to make all men capitalists instead of preventing anyone from being a capitalist by making the State the only capitalist.”
About This Quote
Source Book: Capitalist Revolution, Louis O. Kelso, 1975
The quote argues that a new form of capitalism will spread private ownership rather than eliminate it, turning everyone into capitalists instead of a state monopoly.
In simple terms: Capitalism will be spread to everyone, not just a few.
Promote broader private ownership.
Themes
Mood
Type
When to use this quote
- policy reform
- education on ownership
- community investment
- financial inclusion
Key Concepts
Questions to Reflect On
- How can private ownership be expanded fairly?
- What safeguards prevent new monopolies?
Implementation may face resistance from entrenched state interests.