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Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones.

— Albert Einstein Why Socialism? (1949)

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Capitalism

More quotes by Albert Einstein

Whoever undertakes to set himself up as a judge of Truth and Knowledge is shipwrecked by the laughter of the gods.

Essay to Leo Baeck (1953)

A happy man is too satisfied with the present to dwell too much on the future.

Try to become not a man of success, but try rather to become a man of value.

Life is like riding a bicycle. To keep your balance you must keep moving.

Generations to come, it may well be, will scarce believe that such a man as this one ever in flesh and blood walked upon this Earth.

Statement on the occasion of Gandhi's 70th birthday (1939)

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I have no doubt that the revolution will triumph. The people of the world will prevail, seize power, seize the means of production, wipe out racism, capitalism.

Huey P. Newton Revolutionary Suicide (1973)

The most obvious negative feature of capitalism is that it can produce private monopolies that restrict output and thereby harm consumers.

Dennis Mueller The Oxford Handbook of Capitalism (2012)

The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.

Winston Churchill

Capitalism has neither the capacity, nor the moral, nor the ethics, nor the will to solve the problems of poverty.

Fidel Castro

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