Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
All systems are capitalist. It's just a matter of who owns and controls the capital -- ancient king, dictator, or private individual. We should properly be looking at the contrast between a free market system where individuals have the right to live like kings if they have the ability to earn that right and government control of the market system such as we find today in socialist nations.
Interpretation
What this quote means
The quote discusses the nature of capitalism and the difference between free market systems and government-controlled economies.
Ronald Reagan argues that all economic systems are fundamentally capitalist in nature, distinguishable only by who holds the power and capital—whether it's an ancient ruler, a dictator, or private citizens. He emphasizes the importance of a free market system, where individuals can thrive and achieve wealth based on their efforts, in contrast to socialist systems where the government exerts control over economic resources.
Themes
CapitalismFree MarketGovernment ControlSocialismEconomics
In practice
Example use cases
During a political debate regarding economic policies.
More from Ronald Reagan
All quotes →Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
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I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
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I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
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My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
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We must have faith in the people of this country and faith in our principles.
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