The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven... ...
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Well the protester I think is a very powerful thing. It's basically a mechanism of democracy that, along with capitalism, scientific innovation, those things have built the modern world. And it's wonderful that the new tools have empowered that protestor... ...
Nobody believes in completely unadulterated capitalism.
Capitalism has shortfalls. It doesn't necessarily take care of the poor, and it underfunds innovation, so we have to offset that.
In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the... ...
There are people who don't like capitalism, and people who don't like PCs. But there's no-one who likes the PC who doesn't like Microsoft.
These capitalists generally act harmoniously and in concert to fleece the people; and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel.
You know capitalism is this wonderful thing that motivates people, it causes wonderful inventions to be done. But in this area of diseases of the world at large, it's really let us down.
The power of capitalism to mediate the gap between rich and poor is pretty incredible. Indeed, I think, year by year, the gap gets less.
Capitalism has worked very well. Anyone who wants to move to North Korea is welcome.
The Internet will help achieve "friction free capitalism" by putting buyer and seller in direct contact and providing more information to both about each other.
We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.