A Quote by Friedrich August von Hayek

Capitalism created the possibility of employment.

Friedrich August von Hayek

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Capitalism Created Employment Possibility

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Friedrich August von Hayek
Austrian - Economist
May 8, 1899 - March 23, 1992

It's not just an economic crisis that capitalism has created. We also face an environmental catastrophe created by a handful of gigantic fossil fuel corporations.

Kshama Sawant

Rarely has a collection of essays from a dozen scholars created a whole greater than the sum of its parts, but Capitalism Takes Command conveys with detail, coherence, and sophistication the changes in the American economy in the nineteenth century under the multiple imperatives of capitalism.

Joyce Appleby

Capitalism proceeds through creative destruction. What is created is capitalism in a 'new and improved' form - and what is destroyed is self-sustaining capacity, livelihood and dignity of its innumerable and multiplied 'host organisms' into which all of us are drawn/seduced one way or another.

Zygmunt Bauman

In the US after the Great Depression, they invested heavily in infrastructure to create a lot of employment. In Germany after the war there was the Marshall plan for roads, rail, housing, energy, water and so on. That created massive employment after the devastation of the war and helped them to rebuild the country.

Raila Odinga

From the viewpoint of economic democracy, the capitalism-socialism debate was a debate between private and state capitalism (i.e., the private or public employment system), and the debate was as misframed as would be a debate between the private or public ownership of slaves.

David P. Ellerman

God created the possibility of evil; people actualized that potentiality. The source of evil is not God's power but mankind's freedom. Even an all-powerful God could not have created a world in which people had genuine freedom and yet there was no potentiality for sin, because our freedom includes the possibility of sin within its own meaning.

Peter Kreeft

Capitalism, after all, is no fun when real failure becomes a possibility.

James Surowiecki

There is nothing like employment, active indispensable employment, for relieving sorrow. Employment, even melancholy, may dispel melancholy.

Jane Austen

The ideology of capitalism makes us all into connoisseurs of liberty - of the indefinite expansion of possibility.

Susan Sontag

Capitalism has created the highest standard of living ever known on earth. The evidence is incontrovertible. The contrast between West and East Berlin is the latest demonstration, like a laboratory experiment for all to see. Yet those who are loudest in proclaiming their desire to eliminate poverty are loudest in denouncing capitalism. Man's well-being is not their goal.

Ayn Rand

I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.

Kumar Mangalam Birla

Liberty is the possibility of doubting, the possibility of making a mistake, the possibility of searching and experimenting, the possibility of saying No to any authority - literary, artistic, philosophic, religious, social and even political.

Ignazio Silone

We tend to think that employment is employment, and we don't ask the question: is this rewarding employment? Research establishes pretty clearly that typical notions of happiness - that more is better - really don't correspond to the way people think and feel.

Michael Spence

In 1992, the federal Government actually issued more work authorizations to immigrants and temporary foreign workers than the net number of new jobs created by our economy. Something is fundamentally wrong when we have millions of American citizens and legal residents begging for jobs, and yet we are admitting thousands and thousands of immigrants a year with virtually no consideration to our employment needs or their employment skills.

Ronald Reagan

The sin of capitalism, perhaps, is to make wants feel like needs, to give to simple silly stuff the urgency of near-physical necessity: I must have it. The grace of capitalism is to make wants feel like hopes, so that material objects and stuff can feel like the possibility of something heroic and civic.

Adam Gopnik

There's a real difference between venture capitalism and vulture capitalism. Venture capitalism we like. Vulture capitalism, no. And the fact of the matter is that he's going to have to face up to this at some time or another, and South Carolina is as good a place to draw that line in the sand as any.

Rick Perry

A Quote by Friedrich August von Hayek

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