Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.”     Ayn Rand

April 28, 2007

Quotes to Ponder: Capitalism

by Stephen Littau

Capitalism and communism stand at opposite poles. Their essential difference is this: The communist, seeing the rich man and his fine home, says: “No man should have so much.” The capitalist, seeing the same thing, says: “All men should have as much.” -Phelps Adams

The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. -Winston Churchill

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Permalink || Comments (1) || Categories: Economics, General, Quote of the Day, Theory and Ideas
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1 Comment

  1. I’ve heard the Churchill quote a few times before, and I loved it.

    But the Adams quote is new to me. I like that quote a lot.

    Comment by Ted — April 28, 2007 @ 9:11 pm

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