A Quote by James Grant

[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.

James Grant

Quote Topics

Capitalism Failure Financial Financial Failure Kind Rich Socialism Without

Quote Author

James Grant
Writer
Born: 1946

I was guilty of judging capitalism by its operations and socialism by its hopes and aspirations; capitalism by its works and socialism by its literature.

Sidney Hook

Instead of poor America on socialism becoming more like rich America on capitalism, rich America on capitalism is becoming like poor America on socialism.

Star Parker

Socialism for rich bankers and capitalism for everyone else.

Robert Reich

Everyday I become more convinced, there is no doubt in my mind, and as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can't be transcended from with capitalism itself, but through socialism, true socialism, with equality and justice. I'm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.

Hugo Chavez

There is talk of the failure of socialism, and where is the success of capitalism in Africa, Asia, and in Latin America?

Fidel Castro

They talk about the failure of socialism but where is the success of capitalism in Africa, Asia and Latin America?

Fidel Castro

We all too often have socialism for the rich and rugged free market capitalism for the poor.

Martin Luther King, Jr.

In the course of history periods of capitalism and socialism alternate with one another; capitalism is the unnatural, socialism the natural economic system... The National Socialists and the Red Front have the same aspirations. The Jews falsified the Revolution in the form of Marxism and that failed to bring fulfilment.

Heinrich Himmler

The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a failure of capitalism.

John C. Bogle

If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich

Jim Rogers

Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.

Ludwig von Mises

You don’t fight fire with fire. You fight fire with water. We’re gonna fight racism with solidarity. We're not gonna fight capitalism with Black capitalism. We’re gonna fight capitalism with socialism. Socialism is the people. If you’re afraid of socialism, you’re afraid of yourself.

Fred Hampton

Just as feudalism was an advance over slavery, and capitalism was the next step after feudalism, socialism is the next step after capitalism...........Socialism in America will come through the ballot box.

Gus Hall

Once one of the most important steel manufacturing centers in the world, Braddock - what's left of it - solemnly affirms one of the great economic maxims of our society: socialism for the rich, and capitalism for the poor.

John Fetterman

The fear of capitalism has compelled socialism to widen freedom, and the fear of socialism has compelled capitalism to increase equality. East is West and West is East, and soon the twain will meet.