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Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.

— Alan Greenspan

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Capitalism

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

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

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Attribution

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