A Quote by Peter Thiel
Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.
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Capitalism has never stood back and examined itself properly. I think everybody knows that capitalism is the only thing that works, but is the current form of capitalism the best way of it working?
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.
I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.
Capitalism is like the law of the jungle with a few rules. There isn't another system that works for our society but left unchecked, capitalism can have a dehumanising effect.
Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or another variant of state capitalism.
People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.
I don't know much about Capitalism, but I do know about Democracy and freedom, and if Capitalism may change in many, many ways, I'm not really very much interested in Capitalism.
Karl Marx left it to others to find the way beyond capitalism to a higher form of society. He saw his role as giving them as accurate a theory as he could of how capitalism works, which would also show them the reasons why it needs to be abolished and replaced by a freer and more human form of society.
I think Ayn Rand did the best job of anybody to build a moral case of capitalism, and that morality of capitalism is under assault.
I am a huge fan of capitalism and a huge fan of entrepreneurship and changing the world with technology and with entrepreneurship. Capitalism is awesome. To me, capitalism is my religion.
Capitalism has proven to be the only system that works, but the problem with capitalism is that extreme wealth ends up in the hands of a few people.
I'm a capitalist. I believe in capitalism. But capitalism only works if you have safety nets to deal with people who are naturally left behind and brutalized by it.
Under capitalism, we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle under autocratic control.
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.
From a systematic standpoint, I think that capitalism is the best system. I can spend a lot of time explaining why I like communism, but it is actually not a good solution. Nor is socialism. So, capitalism is the right model.
I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.
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