"The genius of capitalism lies in its..." - Quote by Bill Gates
The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.
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“I believe technology will continue to become more affordable and more people will have the chance to use it. This will help more people get medical care and a good education.”
“In energy, you have to plan and do research way in advance, sometimes decades in advance to get a new system that's safer, doesn't require us to go around the world to get all our oil.”
“Contrary to Piketty’s rentier hypothesis, I don’t see anyone on the [Forbes 400 list of the wealthiest Americans] whose ancestors bought a great parcel of land in 1780 and have been accumulating family wealth by collecting rents ever since. In America, that old money is long gone - through instability, inflation, taxes, philanthropy, and spending.”
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“Capitalist production does not exist at all without foreign commerce.”
“Commercial concerns have expanded from family business to corporate wealth which is self-perpetuating and which enlightened statesmen and economists now dread as the most potent oligarchy yet produced.”
“I don't think drugs are a problem; I think they're a symptom. As long as Americans are empty, spiritually, emotionally, morally empty, they will need things like the drugs they choose to use. Mankind has wanted to change the way it felt from the beginning anyway. In this country there are even more reasons to want to feel different, to want to feel better, because this is such a neon sewer. This is such a degrading culture. It forces you to play Beethoven to your child in the uterus so that he will get into a better school and a better job and make more money so he can take care of you.”
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“People always fear change. People feared electricity when it was invented, didn't they?”
“So easy is it, though many housekeepers doubt it, to establish new and better customs in the place of the old.”
“Railroad iron is a magician's rod, in its power to evoke the sleeping energies of land and water.”