The production of wealth by private enterprise is called Capitalism. It is hard to call Capitalism one of the isms, because Capitalism is not a creed at all. Capitalism was not 'invented' by any sociologist or philosopher. Capitalists never called themselves that. The word was invented by socialists to describe what they hated.

Another quote →

More quotes by Dorothy Thompson

All Dorothy Thompson quotes →

Attribution

Quote text and notes from Wikiquote: Dorothy Thompson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.