Originally Posted by DanicaFan
Some great quotes on how capitalism is the best economic system.....
America's abundance was created not by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America's industrialization. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance -- and thus the whole country was moving forward and profiting, not suffering, every step of the way.
The core dynamic of the capitalist system is the accumulation process, a process in which a portion of the profits reaped through the sale of goods and services is reinvested, swelling the capital stock, incorporating new technologies in the process, and permitting larger sales and profits in the future.
And by Winston Churchill..
Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy.
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
Ronald Reagan..
It is old-fashioned, even reactionary to remind people that free enterprise has done more to reduce poverty than all the government programs dreamed up by Democrats.
In this era of big government, we sometimes forget that many of our proudest achievements as a nation came not through government, but through private citizens, individuals whose genius and generosity flourished in this climate of freedom.