A Quote by George Reisman
The free market exists to promote prosperity and human life, and that is what it has accomplished, splendidly, with breathtaking brilliance. In the industrialized world, the average person today enjoys a standard of living superior to that of kings and emperors of the past. The whole world's population is capable of enjoying the same marvelous results, if it adopts economic freedom.
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But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind - too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.
The standard of living has risen along with the size of the world's population since the beginning of recorded time. There is no convincing economic reason why these trends toward a better life should not continue indefinitely.
I remember Secretary of State [George] Shultz one day saying that America is an economic model for the world. I replied to him that America represents 5 percent of the world's population and consumes 30 percent of the world's energy. What if everyone in the world lives like Americans? Where do we get the energy for this standard of living?
Industrialized countries have disproportionately more cancers than countries with little or no industry (after adjusting for age and population size). One half of all the world's cancers occur in people living in industrialized countries, even though we are only one-fifth of the world's population. Closely tracking industrialization are breast cancer rates, which are highest in North America and northern Europe, intermediate in southern Europe and Latin America, and lowest in Asia and Africa.
The important thing is allowing the whole world to wake up. Part of allowing the whole world to wake up is recognizing that the whole world is free—everybody is free to be as they are. Until the whole world is free to agree with you or disagree with you, until you have given the freedom to everyone to like you or not like you, to love you or hate you, to see things as you see them or to see things differently—until you have given the whole world its freedom—you’ll never have your freedom.
The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. 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 requires, circumspice.
The American free market system is the greatest engine for prosperity and opportunity that the world has ever seen. Freedom works.
If you put together all the Christians in the world, with their Emperors and their Kings, the whole of these Christians, - aye, and throw in the Saracens to boot, - would not have such power, or be able to do so much as this Kublai, who is Lord of all the Tartars in the world.
Capitalism has improved the standard of living of the wage earners to an unprecedented extent. The average American family enjoys today amenities of which, only a hundred years ago, not even the richest nabobs dreamed.
And the whole world, the whole world that believes in freedom, whether you're talking about personal freedom, economic freedom, religious freedom, they look to the United States for leadership; and you're part of that leadership.
Too much of the world's happiness depends on taking from one to satisfy another. To increase my standard of living, someone in another part of the world must lower his. The worldwide crisis of hunger that we face today is a result of that method of pursuing happiness. Industrialized nations acquire appetites for more and more luxuries and higher and higher standards of living, and increasing numbers of people are made poor and hungry. It doesn't have to be that way.
I absolutely believe that America has a responsibility, and the privilege of helping defend freedom and promote the principles that make the world more peaceful. And those principles include human rights, human dignity, free enterprise, freedom of expression, elections.
The raw fact is that every successful example of economic development this past century ? every case of a poor nation that worked its way up to a more or less decent, or at least dramatically better, standard of living ? has taken place via globalization, that is, by producing for the world market rather than trying for self-sufficiency.
Everyone talks about freedom. All around the world different people, different races, different countries are fighting for freedom. But what is freedom? In America we speak of living in a free country. But are we really free? Are we free to be who we really are? The answer is no, we are not free. True freedom has to do with the human spirit-it is freedom to be who we really are. Who stops us from being free? We blame the government, we blame the weather, we blame our parents, we blame religion, we blame God. Who really stops us from being free? We stop ourselves.
Freedom of enterprise was from the beginning not altogether a blessing. As the liberty to work or to starve, it spelled toil, insecurity, and fear for the vast majority of the population. If the individual were no longer compelled to prove himself on the market, as a free economic subject, the disappearance of this freedom would be one of the greatest achievements of civilization.
[The] type of education now prevailing all over the world is directed against human freedom. State-controlled education ... deprives people of their free choice, creativity and brilliance.
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