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Great Keynes quote

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Capitalism is the extraordinary belief that the nastiest men for the nastiest of motives will somehow work for the benefit of all.



Great quote. Thanks.


It shows that Keynes doesn't have much of a clue how Capitalism really works. Since when is the profit motive "the nastiest of motives?"


How utterly stupid. :blink:


Not to mention, he entirely ignores the fact that Free Market Capitalism is almost entirely voluntary.


In fact, he got the overall issue almost entirely backwards; Socialism is the extraordinary belief that politicians will somehow work for the benefit of all; coercing citizens by force of federal law under penalty of fine or imprisonment.


I'll take Capitalism any time.

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