A Quote by Peter Thiel

Americans mythologize competition and credit it with saving us from socialist bread lines. Actually, capitalism and competition are opposites. Capitalism is premised on the accumulation of capital, but under perfect competition, all profits get competed away.

Peter Thiel

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Accumulation Actually Away Bread Capital Capitalism Competition Credit Get Lines Opposites Perfect Perfect Competition Profits Saving Socialist Us

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Peter Thiel
American - Businessman
Born: October 11, 1967

One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.

Eliot Spitzer

Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Jim Stanford

We're supposed to live under capitalism, and capitalism is supposed to be competitive so you would expect that capitalists and entrepreneurs would like competition. Well, it turns out that capitalists do everything they can to avoid competition.

David Harvey

I believe the auto industry is a competition of human resources, competition of funding, competition of technology - and the competition is international.

Li Shufu

Let's embrace productive capitalism, not casino capitalism, by restoring transparency and true competition in the commodities markets.

Maria Cantwell

Lets embrace productive capitalism, not casino capitalism, by restoring transparency and true competition in the commodities markets.

Maria Cantwell

But suppose, for the sake of argument, free competition, without any sort of monopoly, would develop capitalism trade more rapidly. Is it not a fact that the more rapidly trade and capitalism develop, the greater is the concentration of production and capital which gives rise to monopoly?

Vladimir Lenin

Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism.

Aung San Suu Kyi

The truth is that economic competition is the very opposite of competition in the animal kingdom. It is not a competition in the grabbing off of scarce nature-given supplies, as it is in the animal kingdom. Rather, it is a competition in the positive creation of new and additional wealth.

George Reisman

People always say there is competition in nature, but I think that because we are human, it's not only competition. Because we are human we have something other than competition - sharing, helping others, or being oneself. Competition is really kind of ugly.

Michel Gondry

I didn't know about competition or the Olympics until Peggy Fleming won in 1968. My mother looked after all of the competition stuff. I just skated. I didn't really love competition, but that was the only way to get better. You'd see more talent.

Dorothy Hamill

I think competition is the best thing for everyone. Competition is what makes us evolve, from when we were itty bitty little tadpoles in prehistoric times to what we've turned into now. Competition makes us evolve and makes us push ourselves better.

Big Show

Marshall's crime is to pretend to handle imperfect competition with tools only applicable to perfect competition.

Paul Samuelson

I'd been ready too, because before Olympic Games, I wasn't compete in big competition like, World Championship, like European Championship. I just competed in national competition.

Olga Korbut

When you get down to the meat and potatoes of genuine capitalism, it is cutthroat, vicious competition, and the consumer always benefits in the end.

Rush Limbaugh

I think we're our biggest competition. I think the racetrack's the biggest competition. If we go and race the racetrack and try to go around the racetrack faster than our competition, then that's the goal. I look at it as a competition between us and the racetrack because it's all about lap time.

Jeff Burton

A Quote by Peter Thiel

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