Term Capitalism

Famous quotes containing the words term and/or capitalism:

“There are other letters for the child to learn than those which Cadmus invented. The Spaniards have a good term to express this wild and dusky knolwedge, Grammatica parda, tawny grammar, a kind of mother-wit derived from that same leopard to which I have referred.”
—Henry David Thoreau (1817–1862)

“History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”
—Milton Friedman (b. 1912)