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I oppose modem capitalism because by its very nature it cannot and will not function for the common good. In fact, it is a detriment to civilization.

— Charles Coughlin

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Capitalism

More quotes by Charles Coughlin

I believe in upholding the right to private property but in controlling it for the public good.

The representatives of labor should have a voice in the management of the business.

A Series of Lectures on Social Justice (1935)

I believe in nationalizing those public resources which by their very nature are too important to be held in the control of private individuals.

Must the entire world go to war for 600,000 Jews in Germany who are neither American, nor French, nor English citizens, but citizens of Germany?

When we get through with the Jews in America, they’ll think the treatment they received in Germany was nothing.

All Charles Coughlin quotes →

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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

Attribution

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