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Quote from Phelps Adams,


"Capitalism and communism stand at opposite poles. Their essential difference is this: The communist seeing the rich man and his fine home says, “No man should have so much.” The capitalist seeing the same thing says, “All men should have as much.”"


By:

Phelps Adams (more quotes by Phelps Adams or books by/about Phelps Adams)


(1903-1991) Chief Washington correspondent for The New York Sun (1928-50), adminstrative vice president for United States Steel (1950-67)

Categories:

Capitalism, Communism, Dignity, Economics, Equality, Greed, Property

Rating:

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