"Democratic capitalism: A cooperative enterprise to earn enough money to buy enough Congressional influence to gain control over the government's guns so as to get even more money for your special-interest group.Social democratic capitalism: A cooperative enterprise to promise sufficient government benefits to enough voters to gain control over the government's guns so as to keep any other special-interest group from getting as much power as yours."

8 likes

Source: Gary North (1990). “Victim's rights: the biblical view of civil justice”, Inst for Christian Economics

About the author

Gary North

Economist, Author

Gary North is an economist and author known for his libertarian views and writings on free-market economics and individual freedom.

All quotes by Gary North →

Same author

More quotes by Gary North

See all →
Gary North Economist, Author

"Everyone talks about religious liberty, but no one believes it. So let us be blunt about it: we must use the doctrine of religious liberty to gain independence for Christian schools until we train up a generation of people who know that there is no religious neutrality, no neutral law, no neutral education, and no neutral civil government. Then they will get busy in constructing a Bible-based social, political, and religious order which finally denies the religious liberty of the enemies of God."

Read quote
Gary North Economist, Author

"Microeconomics: The study of who has the money and how I can get my hands on it.Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it."

Read quote
Gary North Economist, Author

"Karl Marx was the foremost hater and most incessant whiner in the history of Western Civilization. He was a spoiled, overeducated brat who never grew up; he just grew more shrill as he grew older. His lifelong hatred and whining have led to the deaths (so far) of perhaps a hundred million people, depending on how many people perished under Mao's tyranny. We will probably never know."

Read quote
Gary North Economist, Author

"Words summarize the American philosophy of life: Live and let live; Let's make a deal. 8 words summarize American foreign policy: We're better than you; Do it our way."

Read quote