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"The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system."
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"You know you are capitalism's ideal puppet (and that education betrayed you) when winning the lottery is your only chance to realizing financial freedom."
"The business card does not fully reflect who we are. We are being judged, we feel, in a humiliating way. We feel there is so much in us that has not got an expression in capitalism. You know, capitalism is a machine that recognizes outward financial, external achievement. And most of us carry all kinds of richness which we are unable to translate into that language."
"We've each given the hours of our lives in dull rote jobs for other men's profit, and have been asked to be grateful for doing that."
"I don't think that left to its own devices, capitalism moves along smoothly and everyone gets treated fairly in the process. Capitalism is like a child: if you want the child to grow up free and productive, somebody's got to look over the shoulder of that child."
"The New Deal's enmity for that system of free and competitive private enterprise which we call capitalism was fundamental."
"Unemployment is capitalism's way of getting you to plant a garden."
"Capitalism is destroying the planet. The two old tricks that dug it out of past crises--War and Shopping--simply will not work."
"The bourgeoisie, by the rapid improvement of all instruments of production, by the immensely facilitated means of communication, draws all, even the most barbarian, nations into civilization. The cheap prices of its commodities are the heavy artillery with which it batters down all Chinese walls, with which it forces the barbarians' intensely obstinate hatred of foreigners to capitulate. It compels all nations, on pain of extinction, to adopt the bourgeois mode of production; it compels them to introduce what it calls civilization into their midst, i.e., to become bourgeois themselves. In one word, it creates a world after its own image."
"The introduction of free competition is thus public declaration that from now on the members of society are unequal only to the extent that their capitals are unequal, that capital is the decisive power, and that therefore the capitalists, the bourgeoisie, have become the first class in society."
"Capitalism: Teach a man to fish, but the fish he catches aren't his. They belong to the person paying him to fish, and if he's lucky, he might get paid enough to buy a few fish for himself."
Explore more quotes by Milton Friedman
"The black market was a way of getting around government controls. It was a way of enabling the free market to work. It was a way of opening up, enabling people."
"Well first of all, tell me, is there some society you know of that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed?"
"Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence."
"A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself."
"The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy."
"The most important single central fact about a free market is that no exchange takes place unless both parties benefit."
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