"The main vice of capitalism is the..." - Quote by Winston Churchill
The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.
More by Winston Churchill
“He spoke with more eloquence than wisdom.”
“We are masters of the unsaid words, but slaves of those we let slip out.”
“Make for the children an evening of happiness in a world of storm. Let the children have their night of fun and laughter... resolved that by our daring, these same children shall not be denied their right to live in a free and decent world.”
More on Economics
“I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.”
“The payment of the worker is not determined by the value of his product.”
“Where people work longest and with least leisure, they buy the fewest goods. No towns were so poor as those of England where the people, from children up, worked fifteen and sixteen hours a day. They were poor because these overworked people soon wore out -- they became less and less valuable as workers. Therefore, they earned less and less and could buy less and less.”
More on Capitalism
“The last capitalist we hang shall be the one who sold us the rope.”
“You show me a capitalist, and I'll show you a bloodsucker.”
“And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy.”