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Thomas Sowell Quotes: Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.
         

Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.


Thomas Sowell
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Other quotes of Thomas Sowell


It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.



When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.

When you want to help people, you tell them the truth. When you want to help yourself, you tell them what they want to hear.



Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'

Racism is not dead, but it is on life support -- kept alive by politicians, race hustlers and people who get a sense of superiority by denouncing others as 'racists'



It takes considerable knowledge just to realize the extent of your own ignorance.

It takes considerable knowledge just to realize the extent of your own ignorance.



Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.

Any politician who can be elected only by turning Americans against other Americans is too dangerous to be elected.



The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.

The next time some academics tell you how important diversity is, ask how many Republicans there are in their sociology department.



Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.

Liberals seem to assume that, if you don't believe in their particular political solutions, then you don't really care about the people that they claim to want to help.



I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.

I have never understood why it is "greed" to want to keep the money you have earned but not greed to want to take somebody else's money.



Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.

Capitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.



The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.





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When you know yourself—your strengths, joys, limitations, and fears—you can live in truth and transparency in all areas of your life.

When you know yourself—your strengths, joys, limitations, and fears—you can live in truth and transparency in all areas of your life.



If you aim at nothing, you'll hit it every time.

If you aim at nothing, you'll hit it every time.



What the Man-Moth fears most he must do.

What the Man-Moth fears most he must do.



I think you can look at a woman's legs while she delivers the news and still take her seriously.

I think you can look at a woman's legs while she delivers the news and still take her seriously.



We are positive about our win and we know that our match was perhaps not as physical as the other matches on the weekend, so I think we have an advantage in that we have an extra day to recover.

We are positive about our win and we know that our match was perhaps not as physical as the other matches on the weekend, so I think we have an advantage in that we have an extra day to recover.



Man, I wouldn't know where to begin on education reform, but one thing we have to do is add teacher accountability WITHOUT stressing standardized test scores.

Man, I wouldn't know where to begin on education reform, but one thing we have to do is add teacher accountability WITHOUT stressing standardized test scores.



I'd rather have a Pawn than a finger

I'd rather have a Pawn than a finger



In Silence there is eloquence.

In Silence there is eloquence.



My sister had blown out the candle in our breath.That meant our wishes were definitely going to come true

My sister had blown out the candle in our breath.That meant our wishes were definitely going to come true



People can only be found in what they do.

People can only be found in what they do.




Quote Description


This page presents the quote "Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.". Author of this quote is Thomas Sowell. This quote is about ordinary people, transactions, economic, people, freedom, opposites, capitalism, liberty, agree,.