A Quote by Frank Chodorov

In America it is the so-called capitalist who is to blame for the fulfillment of Marx's prophecies. Beguiled by the state's siren song of special privilege, the capitalists have abandoned capitalism.
I argue that one of the functions of a capitalist state is to defend capitalism from itself, to defend capitalism from the capitalists.
What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.
The most eloquent eulogy of capitalism was made by its greatest enemy. Marx is only anti-capitalist in so far as capitalism is out of date.
Capitalism has been fully restored in Yugoslavia, as is well-known, but this capitalism knows how to disguise. Yugoslavia portrays itself as a socialist state, but of a special kind, as the world has never seen it before! The Titoites even boast that their state has nothing in common with the first socialist state which emerged from the socialist October Revolution and which was founded by Lenin and Stalin on the basis of the scientific theory of Marx and Engels.
There are self-styled "anarcho-capitalists" (not to be confused with anarchists of any persuasion), who want the state abolished as a regulator of capitalism, and government handed over to capitalists.
The path the capitalist revolution will take faces in exactly the opposite direction from that taken by the communist revolution. It seeks to diffuse the private ownership of capital instead of abolishing it entirely. It seeks to make all men capitalists instead of preventing anyone from being a capitalist by making the State the only capitalist.
The elimination of individual capitalists and the replacement of private capitalism by state capitalism in Russia has not in the least altered the typical helpless and authoritarian character structure of the masses of people.
Marx's own illusion was to think that the working class movement, which he devoted his life to creating and strengthening, would both be socially and politically successful in the industrial nations of Western Europe, and that it would develop an entirely new way of human social life that would retain and even enhance the productive benefits of capitalism while overcoming the inhumanity and exploitation of capitalist social relations. Marx himself had no solutions to these problems. His object of study was capitalism itself.
Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.
Indeed the three prophecies about the death of individual art are, in their different ways, those of Hegel, Marx, and Freud. I don't see any way of getting beyond those prophecies.
Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.
Karl Marx once said, 'The last capitalist we hang shall be the one who sold us the rope.' Marx was wrong. The last capitalist to be hanged shall be the one who donated the rope, and then lobbied for his own hanging.
As a rule, large capitalists are Republicans and small capitalists are Democrats, but workingmen must remember that they are all capitalists, and that the many small ones, like the fewer large ones, are all politically supporting their class interests, and this is always and everywhere the capitalist class.
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.
To paraphrase Karl Marx, the great Karl Marx, a specter is haunting the streets of Copenhagen...Capitalism is the specter, almost nobody wants to mention it...Socialism, the other specter Karl Marx spoke about, which walks here too, rather it is like a counter-specter. Socialism, this is the direction, this is the path to save the planet, I don't have the least doubt. Capitalism is the road to hell, to the destruction of the world.
There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned market where economic growth is better than ours.
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