The fundamental idea of modern capitalism is not the right of the individual to possess and enjoy what he has earned, but the thesis that the exercise of this right redounds to the general good.
Capitalism - Capitalists Quotes
Can capitalism survive? No. I do not think it can. There is inherent in the capitalist system a tendency toward self-destruction.
Contrary to the vulgar belief that men are motivated primarily by materialistic considerations, we now see the capitalist system being discredited and destroyed all over the world, even though this system has given men the greatest material comforts and benefits ever achieved on earth.
Queen Elizabeth owned silk stockings. The capitalists’ achievement does not consist in providing silk stockings for queens, but in bringing them within reach of factory girls.
The fundamental principle of capitalism is the separation of State and Economics.
A criminal is a person with predatory instincts who has not sufficient capital to form a corporation.
When I say “capitalism,” I mean a pure, uncontrolled, unregulated laissez-faire capitalism – with a separation of economics, in the same way and for the same reasons as a separation of state and church.
Thus Capitalism drives the employers to do their worst to the employed, and the employed to do the least for them. And it boasts all the time of the incentive it provides to both to do their best! You may ask why this does not end in a deadlock. The answer is it is producing […]
I will not attempt, in a brief lecture, to discuss the political theory of Objectivism. Those who are interested will find it presented in full detail in Atlas Shrugged. I will say only that every political system is based on and derived from a theory of ethics–and that the Objectivist ethics is the moral base […]
Capitalism justified itself and was adopted as an economic principle on the express ground that it provides selfish motives for doing good, and that human beings will do nothing except for selfish motives.
