Laissez-Faire Capitalism Quotes

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit stupider, more rigid, more doctrinaire in their laissez-faire capitalism than the Democrats, who are cuter, prettier, a bit more corrupt - until recently... and more willing than the Republicans to make small adjustments when the poor, the black, the anti-imperialists get out of hand. But, essentially, there is no difference between the two parties.

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

Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships.

Trump's administration looks a great deal like those of the 1850s and the 1890s, with business and government so intertwined that they cannot be disentangled.

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street.

The laissez-faire argument relies on the same tacit appeal to perfection as does communism.

President Reagan told us from the beginning that he believed in a kind of Social Darwinism, survival of the fittest ... [that] we should settle for taking care of the strong, and hope that economic ambition and charity will do the rest. Make the rich richer, and what falls from the table will be enough for the middle class and those who are trying desperately to work their way into the middle class.

Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -- and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.

Unrestricted laissez faire capitalism allocates resources in a most efficient way to satisfy human wants without regard to the rationality or morality of those desires.

What America needs is not Robin Hood but Adam Smith.

Capitalism is a system in which the central institutions of society are, in principle, under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist, that is, it has tight control at the top and strict obedience has to be established at every level. [...] Just as I'm opposed to political fascism, I am opposed to economic fascism. I think that until the major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy.

During the 1980s, many people mistook Thatcherism and Reaganism - actually a wild form of liberalism - for conservatism.

Since the 70s and the 80s you see the rise of neoliberalism. The central dogma of neoliberalism was that most people are selfish. So, we started designing our institutions around that idea, our schools, our workplaces, our democracies. The government became less and less important.

The Romanticists predominantly, were enemies of capitalism, which they regarded as a prosaic, materialistic, “petty bourgeois” system — never realizing that it was the only system that could make freedom, individuality and the pursuit of values possible in practice.

Laissez faire (in its full true meaning) opens the way to the realization of the noble dreams of socialism.

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.

If I really believed in Friedman's economic theory, then I'd be quite satisfied to spend the rest of my life with a garden hose shoved down my throat, being filled with custard by representatives of the people of China.

Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.

Milton Friedman’s misfortune is that his economic policies have been tried.

No one doubts that pure libertarianism is simple, but that's just why it remains on the ideological fringe - because it boils down the most difficult questions in human affairs to a simple equation, a What Would the Market Do bumper sticker.

What Trump represents is a restoration - a restoration of true American capitalism.

Rightfully given near-deity status in the early days of industrial America, the J.P. Morgans, Rockefellers, Carnegies, and Vanderbilts of the world not only ran our country, they were also revered - and often despised - as larger-than-life personalities who could perform feats mere mortals could only dream of.

Ayn Rand more than anyone else did a fantastic job of explaining the morality of capitalism, the morality of individualism.