A Definition of Capitalism by Andrew J. Galambos

We have never had this:

“Capitalism is that societal structure whose mechanism is capable of protecting all forms of private property completely.” – A. Galambos

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s