Howard Warren Buffett Quotes

Capitalism is a great idea in theory, but in practice it just doesn't work.

The left hates capitalism, not because of freedom and liberty - although they do. But the primary they hate capitalism is that it is the most efficient engine to create wealth for the greatest number of people in a society that has ever been devised. Nobody's ever claimed it's perfect. Nobody's ever said it's flawless. But it's better than anything else out there, particularly anything left has to offer.

I don't know much about Capitalism, but I do know about Democracy and freedom, and if Capitalism may change in many, many ways, I'm not really very much interested in Capitalism.

Ronald Reagan believes in the free market like some people believe in unicorns.

Though my heart may be left of centre, I have always known that the only economic system that works is a market economy... This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself.

A market economy is to economics what democracy is to government: a decent, if flawed choice, about many bad alternatives

Any capitalism is superior to feudalism.

Capitalism undoubtedly has certain boils and blotches upon it, but has it as many as government? Has it as many as marriage? Has it as many as religion? I doubt it. It is the only basic institution of modern man that shows any genuine health and vigor.

We affirm that the true story of capitalism is now beginning, because capitalism is not a system of oppression only, but is also a selection of values, a coordination of hierarchies, a more amply developed sense of individual responsibility.

American capitalism has been both overpraised and overindicted. It is neither the Plumed Knight nor the monstrous Robber Baron.

The great dynamic success of capitalism had given us a powerful weapon in our battle against Communism-money.

Capitalism has survived communism. Now, it eats away at itself.

And the word is capitalism. We are too mealy-mouthed. We fear the word capitalism is unpopular. So we talk about the free enterprise system and run to cover in the folds of the flag and talk about the American Way of Life.

Can capitalism survive? No. I do not think it can.

Capitalism places every man in competition with his fellows for a share of the available wealth. A few people accumulate big piles, but most do not. The sense of community falls victim to this struggle.

I think the free-enterprise system has been great for society. That doesn't mean it's completely perfect. And also, when people say capitalism, I'm not really sure what they mean.

Capitalism should not be condemned, since we haven't had capitalism.

President Obama insists he's a free-market guy. But you have to wonder whether he understands how a free economy really works.

I do believe in the free market.

Underlying most arguments against the free market is a lack of belief in freedom itself.

Capitalism is using its money; we socialists throw it away.

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

There has been no country with a democratic political sphere, past or present, whose economy has not been dominated by private ownership and market coordination.

The essential quality of a market system is not that it promotes greed, but that it renders greed harmless.

For many, perhaps most, Americans, markets are sacrosanct. Most people in the United States cannot even envision a society that doesn't revolve around an untrammeled market.