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The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.

George Gilder

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George Gilder
Age: 84
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Suffering
Prevailing
Suffers
Distrust
Flaws
Central
Capitalism
Disabling
Profound
Incomprehension
Theory
Flaw

More quotes by George Gilder

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The envy of excellence leads to perdition the love of it leads to the light.
George Gilder
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Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view- that all ideas are determined by material relationships- is the materialist superstition.
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Entrepreneurial knowledge has little to do with certified expertise, advanced degrees, or the learning of establishment schools. The fashionably educated and cultivated spurn the kind of fanatically focused learning commanded by the innovators. Wealth all too often comes from doing what other people consider insufferably boring or unendurably hard.
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Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.
George Gilder
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Real poverty is less a state of income than a state of mind.
George Gilder
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The central event of the twentieth century is the overthrow of matter. ...The powers of the mind are everywhere ascendant over the brute force of things.
George Gilder
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The welfare culture tells the man he is not a necessary part of the family he feels dispensable, his wife knows he is dispensable, his children sense it.
George Gilder
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Unlike femininity, relaxed masculinity is at bottom empty, a limp nullity. While the female body is full of internal potentiality, the male is internally barren. Manhood at the most basic level can be validated and expressed only in action.
George Gilder
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Entropy is Janus-faced. Its upside surprises are redemptive and favorable to freedom. It is freedom of choice. But the carrier itself requires constant vigilance against entropic noise. Order is not spontaneous, but it is a necessary condition for all the surprises of freedom and opportunity.
George Gilder
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The first priority of any serious program against poverty is to strengthen the male role in poor families.
George Gilder
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Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.
George Gilder
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Surely women's liberation is a most unpromising panacea. But the movement is working politically, because our sexuality is so confused, our masculinity so uncertain, and our families so beleaguered that no one knows what they are for or how they are sustained.
George Gilder
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A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge
George Gilder
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Nothing is more deadly to achievement than the belief that effort will not be rewarded, that the world is a bleak and discriminatory place in which only the predatory and the specially preferred can get ahead.
George Gilder
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In embracing change, entrepreneurs ensure social and economic stability.
George Gilder
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It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. As Henry Ford said many years earlier: If I had listened to my customers, I would have built a faster horse. Inventions in general express Shannon entropy. They come from the supply side.
George Gilder
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Intelligent design itself does not have any content.
George Gilder
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A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old companies that cannot create jobs themselves, but can stand in the way of job creation.
George Gilder
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A design isn't finished until somebody is using it. Brenda Laurel Intelligent design itself does not have any content.
George Gilder
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Television is not vulgar because people are vulgar it is vulgar because people are similar in their prurient interests and sharply differentiated in their civilized concerns.
George Gilder