The fundamental principle of capitalism is the separation of State and Economics.
Capitalism - Capitalists Quotes
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.
All the economic evils popularly ascribed to capitalism were caused, necessitated, and made possible not by private enterprise, not by free trade on a free market, but by government intervention into the economy, by government controls, favors, subsidies, franchises, and special privileges.
Capitalism has destroyed our belief in any effective power but that of self interest backed by force.
Observe the paradoxes built up about capitalism. It has been called a system of selfishness, yet is it the only system that drew men to unite on a large scale into great countries, and peacefully cooperate across national boundaries, while all the collectivist, internationalist, One-World systems are splitting the world into Balkanized tribes. Capitalism has […]
Capitalism is not an “ism.” It is closer to being the opposite of an “ism,” because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.