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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: 85
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Central
Capitalism
Disabling
Profound
Incomprehension
Theory
Flaw
Suffering
Prevailing
Suffers
Distrust
Flaws

More quotes by George Gilder

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But if the 1 percent and the 0.1 percent are respected and allowed to risk their wealth - and new rebels are allowed to rise up and challenge them - America will continue to be the land where the last regularly become the first by serving others.
George Gilder
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In the history of enterprise, most of the protagonists of major new products and companies began their education
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.
George Gilder
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Wealth usually comes from doing what other people find insufferably boring.
George Gilder
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Capitalism begins with giving.
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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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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The United States is probably the most [socially] mobile society in the history of the world. The virtues that are most valuable in it are diligence, discipline, ambition, and a willingness to take risks. Education and credentials are most important in government elsewhere most skills are learned on the job.
George Gilder
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All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms.
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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Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.
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
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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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People cannot be expected to learn one expertise and just apply it routinely in a job. Your expertise is in steadily renewing your knowledge base and extending it to new areas. That lifelong cycle of learning really is the foundation of the new information organization and economy.
George Gilder
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The rates of taxation climb and the levels of capital decline, until the only remaining wealth beyond the reach of the regime is the very protein of human flesh, and that too is finally taxed, bound, and gagged, and brought to the colossal temple of the state - a final sacrifice of carnal revenue to feed the declining elite.
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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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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Activity and creativity almost always flow to the least regulated arena.
George Gilder
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In a world of dumb terminals and telephones, networks had to be smart. But in a world of smart terminals, networks have to be dumb.
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