Johan Norberg Quotes
Profit is proof that the capitalist has given something to society that it cherishes more than the material wealth it has given to the businessman.
Norberg, Johan. In Defense of Global Capitalism. Cato Institute, 2003.
Statements like this caused some to believe him a Marxist, but see his quotation on Karl Marx -- {603061}.
Ironically, Fitzhugh who detested socialism, held this basic socialist principle. His solution however, was that the profits were necessary for society, and therefore slavery was the solution for Blacks AND whites.
In the 19th century, most socialists thought that the government was the major creator of jobs. In the 20th century, most socialists acknowledged that jobs could emanate from both the public and private sectors. Here in the 21st century, one of the world’s leading socialists, stated that private companies were necessary for full employment.
Johan Norberg is a Swedish author and historian of ideas, devoted to promoting economic globalization and what he describes as classical liberal positions. He is arguably most known as the author of In Defense of Global Capitalism (2001) and Progress: Ten Reasons to Look Forward to the Future (2016). Since 15 March 2007 he has been a senior fellow at the Cato Institute, and since January 2017 an executive editor at Free To Choose Media, where he regularly produces documentaries for US public television.
