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To one American family out of four, the idea of capitalism as a benign system of comfort, dignity, and personal advance is only a myth, or worse, a bitter mockery.

— Robert Heilbroner The Worldly Philosophers (1953)

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Capitalism

More quotes by Robert Heilbroner

He who enlists a man's mind wields a power even greater than the sword or the scepter.

The Worldly Philosophers (1953)

It is from the scope and wisdom of the economists of the past that we must reap the knowledge with which to face the future.

The Worldly Philosophers (1953)

If an economy in the doldrums could drift indefinitely, the price of government inaction might be graver by far than the consequences of bold unorthodoxy.

The Worldly Philosophers (1953)

The secret to economic growth lay in the fact that that each generation attacked Nature not only with its own energies and resources, but with the heritage of equipment accumulated by its forebears.

The Worldly Philosophers (1953)

Nothing could be further from the truth.

The Worldly Philosophers (1953)

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