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"The New Deal's enmity for that system of free and competitive private enterprise which we call capitalism was fundamental."
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Explore more quotes by Garet Garrett
"This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic."
"Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power."
"The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world."
"If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds."
"If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't."
"The New Deal was going to redistribute the national income according to ideals of social and economic justice."
"It is the function of the President, representing the executive principle, to execute the laws."
"There was endless controversy as to whether the acts of the New Deal did actually move recovery or retard it, and nothing final could ever come of that bitter debate because it is forever impossible to prove what might have happened in place of what did."
Exlpore more Capitalism quotes
"Unemployment is capitalism's way of getting you to plant a garden."
"Capitalism: let live who can afford to, not simply who wishes to. Life has a price and it belongs only to those who can pay it."
"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."
"I've found that small wins, small projects, small differences often make huge differences."
"There are no two countries with the same style of economic mechanism, with the same capitalism."
"What's immediately profitable is the only kind of logic that capitalism understands."
"Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it."
"The historical debate is over. The answer is free-market capitalism."
"Under capitalism each individual engages in economic planning."
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