In capitalism, profit does not come out of another man's hardship; it comes out of new production of new wealth that's never existed before.
Andrew Joseph GalambosI call both the left and right wings socialism. And today, the right-wingers love to think that they're capitalists, or free enterprisers, or what not. No they're not! The correct name for this is left-wing socialism or right-wing socialism - and both wings are on the same bird.
Andrew Joseph GalambosThe state has no wealth it hasn't stolen, and the state has no assets whatsoever, except those which individuals have created in the first place and the state has taken.
Andrew Joseph GalambosA traffic jam is a collision between free enterprise and socialism. Free enterprise produces automobiles faster than socialism can build roads and road capacity.
Andrew Joseph Galambos