Capitalism

“Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable. Nevertheless, with full knowledge of this fact, they advocate a reform, e.g., socialism, because they hope that the rich, whom they envy, will also suffer under it.” ~ Ludwig von Mises (1881-1973) Economist and social philosopher

Government Entitlement Programs

“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on the objects of benevolence, the money of their constituents.” ~ James Madison (1751-1836), Father of the Constitution for the USA, 4th US President Source: 1792, in disapproval of Congress appropriating $15,000 to assist some French refugees

Capitalism vs. Communism

“Capitalism and communism stand at opposite poles. Their essential difference is this: The communist seeing the rich man and his fine home says, “No man should have so much.” The capitalist seeing the same thing says, “All men should have as much.” ~ Phelps Adams (1903-1991) Chief Washington correspondent for The New York Sun (1928-50), adminstrative vice president for United States Steel (1950-67)