Any allegation of runaway capitalism has to be tempered by the observation that today we have the largest public sectors and the highest taxes the world has ever known.

Any allegation of runaway capitalism has to be tempered by the observation that today we have the largest public sectors and the highest taxes the world has ever known.

The uneven distribution of wealth in the world is due to the uneven distribution of capitalism.

Profit is proof that the capitalist has given something to society that it cherishes more than the material wealth it has given to the businessman.

Capitalism has given people both the liberty and the incentive to create, produce, and trade, thereby generating prosperity.

Poverty is not just a material problem. Poverty is something wider: it is about powerlessness, about being deprived of basic opportunities and freedom of choice.