John C. Bogle Quotes

Capitalism has never stood back and examined itself properly. I think everybody knows that capitalism is the only thing that works, but is the current form of capitalism the best way of it working?

The right combination is between a free economy and social policy that addresses the needs of society and creates equal opportunity.

This dilettante notion that the global economy is evil because big corporate leaders make too much money... they do make too much money, but the only way we've figured out how to generate wealth in this world is through the market economy.

The market economy is very good at wealth creation but not perfect at all about wealth distribution.

Right now people seem to be very tentative about the positive benefits of capitalism.

Yes, free markets tend to produce unequal incomes. We should not be ashamed of that. On the contrary, our system is the envy of the world and should be a source of pride.

I'm not an anti-capitalist, or anarchist. I want capitalism to work.

As a poodle may have his hair cut long or his hair cut short, as he may be trimmed with pink ribbons or with blue ribbons, yet he remains the same old poodle, so capitalism may be trimmed with factory laws, tenement laws, divorce laws and gambling laws, but it remains the same old capitalism. These “humanitarian parts” are only trimming the poodle. Socialism, one and inseparable with its “antirent and anticapital parts,” means to get rid of the poodle..

This country is very good at creating wealth, but not very good at distributing it.

Capitalism with airbags—the type of capitalism I am a fan of.

Our system of market capitalism wasn't handed down, in perfect form, on stone tablets. We wrote the rules. We broke them. And we can fix them.

We need to create an economy that works for everyone, not crony capitalism and unchecked corporate consolidation.

Capitalism is like math. It is amoral. It is good at producing wealth; it's bad at distributing wealth. Unless it operates within a moral framework it will produce an unjust society.

We can't do anything to change the world until capitalism crumbles. In the meantime we should all go shopping to console ourselves.

The world’s biggest problem is the unequal distribution of capitalism. If there were capitalism everywhere, you wouldn’t have food shortages.

While I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of "The Battle for the Soul of Capitalism."

America is America. It's a capitalist system. They [leaders] have enshrined that belief that profit matters more than anything else. The polarization of the society is just the resurfacing of that.

I get up every morning and think...today I'm going to end capitalism.

I am going to attack income inequality and I think I have a pretty good plan to do so. I don't just tell you what I'm against. I tell you what I'm for and how I would do it.

Capitalism, in my estimation, is not about democracy. I think we're beginning to see an understanding of this. We see it in the Black Lives Matter movement. We see it among black youth who are now struggling and trying to make connections internationally with other groups and trying to figure out what's going on in the world and the ways things like police violence and systemic violence all come together under neoliberalism.

I believe capitalism is dying a slow death right now, as you can see with the recession and with the credit crunch and with social and economic dismay the world as whole and the pandemic of promiscuity, drugs, alcohol and all the other diseases. That's the worst and I believe it's time for a change.

Global capitalism is simply accepted as a fact that you cannot do anything about. The only question is, Will you accommodate yourself to it, or will you be dismissed and excluded?

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

There are different varieties and forms of capitalism. There are priorities within the capitalist society so that you can have countervailing forces come in and empower your working people and your poor people. There are capitalist societies that do not have poverty. America needs to understand that.

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