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"In
capitalism wealth is created faster than it's
consumed; in socialism it's the other way around." - Rick Gaber |
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THINK!
"If BOTH the factory worker AND the CEO get 30%
raises, it's good for both, BUT THE
GAP BETWEEN THEM GETS WIDER!" -
Marc Thiessen
CLICK ON THE GRAPH TO SEE A CLEARER VERSION OF IT:
"... as Mises observed, 'The essence of Keynesianism is its complete failure to conceive the role that saving and capital accumulation play in the improvement of economic conditions.' This failure is present in Krugman’s hostility to economic inequality." -- George Reisman of capitalism.net, HERE "Big
business in America today and for some years has
been openly at war with competition and, thus, at
war with laissez-faire capitalism.
... The left's attack on corporate ["crony"]
capitalism is, when examined, an attack on economic
forms possible only in collusion between
authoritarian government and bureaucratized,
non-entrepreneurial business. It is
unfortunate that many New Leftists are so uncritical
as to accept this premise as indicating that all
forms of capitalism are bad ..." -- Karl Hess "Some
people argue that regulation in the developed
world is a good thing, but that poorer countries
are under-regulated, which is a bad thing.
They're wrong on both counts. A recent report by
the World Bank found that businesses in poor
countries face much higher regulatory burdens
than those in rich countries. The combination of
the presence of higher administrative costs and
the absence of property rights can have a
devastating effect. It takes 153 days to start a
business in Maputo, but just 2 days in Toronto.
There are 21 procedures to register commercial
property in Abuja, but only 3 procedures in
Helsinki. It costs 126 per cent of the value of
a debt to enforce a contract in Jakarta, but 5.4
per cent of the value of a debt to do so in
Seoul. If a debtor becomes insolvent and enters
bankruptcy, creditors would get 13 cents on the
dollar in Mumbai, but more than 90 cents in
Tokyo. Where would you want to do business?" --
David Cameron “It
is grossly mistaken to suggest that technology is
the reason for our prosperity. Clearly something
else must be present -- something else that both
promotes technological advance and, even more
importantly, encourages the use of technological
knowledge to produce and make widely available the
goods and services that we Americans today take for
granted. ... Again, that something else is economic
freedom. ... As described by the Cato Institute, 'The
cornerstones of economic freedom are personal
choice, voluntary exchange, freedom to compete and
security of privately owned property.'
And as shown again and again by researchers who
study the relationship between prosperity and
economic freedom, the greater is economic freedom,
the greater and more widespread is prosperity ….” --
Dr. Donald J. Boudreaux "When plunder becomes a way of
life for a group of men together in a society,
they create for themselves in the course of time,
a legal system that authorizes it and a moral code
that glorifies it." -- Frédéric Bastiat "It
would be devastating to the egos of the
intelligentsia to realize, much less admit,
that businesses have done more to reduce poverty
than all the intellectuals put together.
Ultimately it is only wealth that can reduce
poverty and most of the intelligentsia have no
interest whatever in finding out what actions and
policies increase the national wealth. They
certainly don't feel any 'obligation' to learn economics..." "Any stray mediocrity rushes
into print with plans to control the production
of mankind -- and ... no one questions his right
to enforce his plans by means of a gun."
-- Ayn Rand, Atlas Shrugged "The perception of
poverty as morally intolerable in a rich society had
to await the emergence of a rich society." -- Nathan
Rosenberg "The
attempt to make heaven on earth invariably
produces hell." -- Karl Popper
"I would like to begin with what in our opinion, should not be done. And what we in Russia intend to refrain from doing [including] setting up barriers in the way of world trade and movement of capital. [ ... ] "The second possible mistake would be excessive interference into the economic life of the country. And the absolute faith into the all-mightiness of the state. "Of course, the role of the state becomes more direct during crises – it is a natural response to the faults of the market. However, instead of improving market mechanisms there is always a temptation to enlarge the sphere of the immediate interference of the state in the economy. "The flip side of the anti-crisis measures in almost every country is the concentration of the excessive assets in the hands of the state. "During the time of the Soviet Union the role of the
state in economy was made absolute, which eventually
lead to the total non-competitiveness of the economy.
That lesson cost us very dearly. I am sure nobody would
want history to repeat itself." -- Vladimir
Putin at the World Economic Forum in Davos,
Switzerland in 2009 . ![]() ![]() "The Most Important Graph In the World": ![]() World GDP in the last 2000 years |
Find an
introduction to the differences between MULTIPLE
ECONOMIES![]() and CENTRALIZED ECONOMIES ![]() HERE Capitalism vs Socialism: Entrepreneurs vs Autocrats Makers vs Takers Competition vs Monopoly Flexibility vs Rigidity Creativity vs Stagnation Enthusiasm vs Resentment Freedom vs Compulsion "Underlying most arguments against the free market is a lack of belief in freedom itself." - Dr. Milton Friedman |
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"The fallacies and contradictions in the economic theories of socialism were exposed and refuted time and time again, in the nineteenth century as well as today. This did not and does not stop anyone; it is not an issue of economics, but of morality. The intellectuals and the so-called idealists were determined to make socialism work. How? By that magic means of all irrationalists: somehow." -- Ayn Rand, HERE
"Politicians never accuse you
of 'greed' for wanting other people's money -- only for
wanting to keep your own
money."-- Joseph Sobran
"So long as each generation raises its own children, people from different backgrounds are going to be raised with different values and habits. Even in a world with zero barriers to upward mobility, they would move at different speeds and in different directions. ... If there is less upward movement today than in the past, that is by no means proof that external barriers are responsible. The welfare state and multiculturalism both reduce the incentives of the poor to adopt new ways of life that would help them rise up the economic ladder. The last thing the poor need is another dose of such counterproductive liberal medicine. ... Many comparisons of 'classes' are in fact comparisons of people in different income brackets -- but most Americans move up from the lowest 20 percent to the highest 20 percent over time." --Dr. Thomas Sowell
"There is no limit to the hunger politicians have for the money you've worked so hard for. ... You can tell them to take a hike, but then the guns come out."-- Neal Boortz
"Marxism sounds vaguely groovy and compassionate when you live in the Hollywood Hills, as opposed to under any of the regimes responsible for between 85 million and 100 million deaths in the last century." -- Bridget Johnson
"The tenth commandment sends a message to collectivists, to people who believe wealth is best obtained by redistribution. And the message is clear and concise: Go to hell." -- P.J. O'Rourke, HERE
"There is NO better anti-poverty program ANYwhere than capitalism."-- Neal Boortz
"Every human institution includes some more or less severe malpractice -- journalism, I pointedly noted, as well as medicine, education, athletics and, do not forget, politics. ... There has always been not-so-hidden bias against this profession [business and commerce], evident since the beginning of recorded history and, especially, in the writings of philosophers and theologians." -- Prof. Tibor R. Machan
"[W]hen a percentage point of market share is worth hundreds of millions of dollars, the people who can help you get that extra percentage point will command very large salaries." -- Charles Murray
"Well, of course capitalism is the cause of prosperity. Given the overwhelming evidence of the 20th century, only a New York Times reporter would regard this as a surprising or controversial conclusion." -- Robert Tracinski
"Anyone who has spent any time mentoring or working with poor
families is familar with the maddening sensation of watching
someone you care about make a devastating decision that no
middle class person in their right mind would ever assent to."
-- Jane Galt
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"In proposing their array of
welfare programs to help the poor, liberals operate
under the mindless assumption that wealth exists
naturally in a society. Even worse, they give nary a
thought to the possibility that a society in which
wealth is growing is the greatest benefit to the poor.
Worst of all, they don’t consider the distinct
possibility that their own tax-and-redistribute
policies tend toward destroying the base of wealth in
society, thereby relegating everyone to poverty."
-- Jacob Hornberger
it represents a devastating intellectual 'package-deal,' which is responsible, more than any other single factor, for the arrested moral development of mankind." --Ayn Rand |
1.2.3.4.5.6.7.8.9.10.11.12.13.14.15.16.17.18.19.20.21.22 22a .23.24.25.26.27.28.29.30.31.32.33.34.35.36.36a 37.37a
38.39.40.41.42
43 44
45 46 47 48
49 50
-- from http://freedomkeys.com/gap.htm or http://web.archive.org/web/*/http://freedomkeys.com/gap.htm
Hess