Quotes on Free Enterprise

The strongest argument for free enterprise is that it prevents anybody from having too much power. Whether that person is a government official, a trade union official, or a business executive. If forces them to put up or shut up. They either have to deliver the goods, produce something that people are willing to pay for, are willing to buy, or else they have to go into a different business.

There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.

While I am a great believer in the free enterprise system and all that it entails, I am an even stronger believer in the right of our people to live in a clean and pollution-free environment.

One aspect of modern life which has gone far to stifle men is the rapid growth of tremendous corporations. Enormous spiritual sacrifices are made in the transformation of shopkeepers into employees... The disappearance of free enterprise has led to a submergence of the individual in the impersonal corporation in much the same manner as he has been submerged in the state in other lands.

Business corporations in general are not defenders of free enterprise. On the contrary, they are one of the_x000D_ chief sources of danger....Every businessman is in favor of freedom for everybody else, but when it comes to himself that's a different question. We have to have that tariff to protect us against competition from abroad. We have to have that special provision in the tax code. We have to have that subsidy.

With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.

Achievement must be made against the possibility of failure, against the risk of defeat. It is no achievement to walk a tightrope laid flat on the floor. Where there is no risk, there can be no pride in achievement and, consequently, no happiness. The only way we can advance is by going forward, individually and collectively, in the spirit of the pioneer. We must take the risks involved in our free enterprise system. This is the only way in the world to economic freedom. There is no other way.

The Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 ... Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.

In a free enterprise, the community is not just another stakeholder, but is in fact the very purpose of its existence.

When we were told that by freedom we understood free enterprise, we did very little to dispel this monstrous falsehood. Wealth and economic well-being, we have asserted, are the fruits of freedom, while we should have been the first to know that this kind of happiness has been an unmixed blessing only in this country, and it is a minor blessing compared with the truly political freedoms, such as freedom of speech and thought, of assembly and association, even under the best conditions.

I believe that without free enterprise there can be no democracy.

The worst enslaving trait of all is greed. I rail against the substitution of money for worth. The idea that the endless accumulation of dead money can furnish a meaningful life to sold-out souls is the supreme lie offered by the system of free enterprise.

The business world worships mediocrity. Officially we revere free enterprise, initiative and individuality. Unofficially we fear it.

A true libertarian supports free enterprise, opposes big business; supports local self-government, opposes the nation-state; supports the National Rifle Association, opposes the Pentagon.

So that the record of history is absolutely crystal clear that there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free-enterprise system.