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Quotation Source Page Subject
The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the peoples mandatories. Bureaucracy pp. 21-22 Capitalism
All the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled. Economic Policy p. 7 Capitalism
The development of capitalism consists in everyone having the right to serve the consumer better and/or more cheaply. Economic Policy p. 5 Capitalism
There is no western, capitalistic country in which the conditions of the masses have not improved in an unprecedented way. Economic Policy p. 13 Capitalism
Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people. Human Action pp. 860-61; p. 864 Capitalism
The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living. Human Action p. 562; p. 565 Capitalism
The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business. Human Action p. 617; p. 622 Capitalism
The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requiris, circumspice. [If you seek his monument, look around.] Human Action p. 850; p. 854 Capitalism
The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses. Liberty & Property p. 9 Capitalism
Capitalism needs neither propaganda nor apostles. Its achievements speak for themselves. Capitalism delivers the goods. Money, Method, and the Market Process p. 242 Capitalism
The market economy — capitalism — is a social system of consumers' supremacy. Money, Method, and the Market Process p. 233 Capitalism
Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats. Omnipotent Government pp. Ix-x Capitalism
It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers. On the Manipulation of Money and Credit p. 176 Capitalism
The capitalistic social order, therefore, is an economic democracy in the strictest sense of the word. In the last analysis, all decisions are dependent on the will of the people as consumers. Thus, whenever there is a conflict between the consumers views and those of the business managers, market pressures assure that the views of the consumers win out eventually. On the Manipulation of Money and Credit p. 178 Capitalism
In spite of the anti-capitalistic policies of all governments and of almost all political parties, the capitalist mode of production is still fulfilling its social function in supplying the consumers with more, better and cheaper goods. Planned Chaos p. 15 Capitalism
In the capitalist society there is a place and bread for all. Its ability to expand provides sustenance for every worker. Permanent unemployment is not a feature of free capitalism. Socialism p. 286 Capitalism
The word Capitalism expresses, for our age, the sum of all evil. Even the opponents of Socialism are dominated by socialist ideas. Socialism p. 15 Capitalism
Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small elite. Anti-Capitalistic Mentality, The p. 49 Capitalism
Grumblers may blame Western civilization for its materialism and may assert that it gratified nobody but a small class of rugged exploiters. But their laments cannot wipe out the facts. Millions of mothers have been made happier by the drop in infant mortality. Famines have disappeared and epidemics have been curbed. Theory and History p. 334 Capitalism