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Capitalism was born from the money loan. Money lending contains the root idea of capitalism. Turn to the pages of the Talmud and you will find that the Jews made an art of lending money. They were taught early to look for their chief happiness in the possession of money. They fathomed all the secrets that lay hid in money. They became Lords of Money and Lords of the World.

— Werner Sombart

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Capitalism

More quotes by Werner Sombart

Humanity without Nationality is empty, nationality without humanity is blind.

Vom Menschen (1938)

Capitalism designates an economic system significantly characterized by the predominance of "capital." Capitalism and double entry bookkeeping are absolutely indissociable; their relationship to each other is that of form to content.

In the face of this fact, is there not some justification for the opinion that the United States owe their very existence to the Jews? And if this be so, how much more can it be asserted that Jewish influence made the United States just what they are—that is, American? For what we call Americanism is nothing else, if we may say so, than the Jewish spirit distilled.

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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: Werner Sombart (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.