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Quotes from Capitalism: A Treatise on Economics — George Reisman

born 1937 United States

← All quotes by George Reisman

4 quotes

Under communism (socialism), there is no incentive to supply people with anything they need or want, including safety.

Capitalism: A Treatise on Economics (1996)

The slaves of socialism are slaves, but they are no one's property and therefore no one's loss.

Capitalism: A Treatise on Economics (1996)

Whoever claims that economic competition represents "survival of the fittest" in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

Capitalism: A Treatise on Economics (1996)

The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.

Capitalism: A Treatise on Economics (1996)

Attribution

Quotes and notes from Wikiquote: George Reisman (page history), available under CC BY-SA 4.0.