“As a rule, capitalism is blamed for the undesired effects of a policy directedat its elimination. The man who sips his morning coffee does not say, "Capitalism has brought this beverage to my breakfast table." But when he reads in the papers that the government of Brazil has ordered part of the coffee crop destroyed, he does not say, "That is government for you"; he exclaims, "That is capitalism for you.”
“New Dealers always seemed to be comparing actual capitalism with ideal government. They judged capitalism by its apparent effects and government by its announced intentions”
“private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources than private loans. Government loans, in short, as compared with private loans, will reduce production, not increase it.”
“History clearlyshows that governments that have tried to contain, regulate, or otherwiseusurp capital have failed. It is the same with brainpower; noone has a monopoly on brainpower. Controlling brainpower is likeherding cats. Brainpower creates capital, and capital fuels brainpower.It is a fundamental dynamic principle. Great ideas, solutions, insights,or inventions will develop only where they are nurtured and properlyrewarded.”
“The New World is not a refuge for the indolent, the criminal, the undesirable of the old, but a young man who has been clearly acquitted of a capital crime, has shown fortitude during his ordeal and has shown outstanding bravery in the field of battle appears to have the qualifications which will ensure his welcome.”
“What I'm saying to you this morning is that Communism forgets that life is individual. Capitalism forgets that life is social, and the Kingdom of Brotherhood is found neither in the thesis of Communism nor the antithesis of capitalism but in a higher synthesis.”