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Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.
Walter E. Williams
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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
Great
Libertarian
Made
Serving
Way
Fellow
Plundering
Men
Fellows
Amassed
People
Capitalism
Enslaving
Wealth
Looting
Possible
Prior
Become
Wealthy
More quotes by Walter E. Williams
Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.
Walter E. Williams
In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
Walter E. Williams
Maybe I'm overly pessimistic, but most of Africa is a continent without much hope for its people... What [Africa] needs, the West cannot give. ...what Africans need is personal liberty...[and] guarantees of private property rights and rule of law.
Walter E. Williams
The public good is promoted best by people pursuing their own private interests. This bothers some people because they're more concerned with motives than with results.
Walter E. Williams
(F)or 50 years, the well-meaning leftist agenda has been able to do to blacks what Jim Crow and harsh discrimination could never have done: family breakdown, illegitimacy and low academic achievement.
Walter E. Williams
Whether we want to own up to it or not, the welfare state has done what Jim Crow, gross discrimination and poverty could not have done. It has contributed to the breakdown of the black family structure and has helped establish a set of values alien to traditional values of high moral standards, hard work and achievement.
Walter E. Williams
If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one's fellow man, as it has throughout most of human history, but by serving and pleasing him.
Walter E. Williams
Reaching into one's own pocket to assist his fellow man is noble and worthy of praise. Reaching into another person's pocket to assist one's fellow man is despicable and worthy of condemnation.
Walter E. Williams
Recent school shootings have lured ill-informed Americans into a war on our Second Amendment guarantees, led by the nation's tyrants and their useful idiots. ... The Second Amendment was given to us as protection against tyranny by the federal government and the Congress of the United States.
Walter E. Williams
Politicians have always coveted the liberties we hold.
Walter E. Williams
The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Walter E. Williams
Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
Walter E. Williams
Once Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams
The message coming out of Washington, especially from our leftist politicians and the news media, is that we solve our budget problems by raising taxes on the rich. If Americans were more informed, such a message would be insulting to our intelligence. There are not enough rich people to satisfy Congress' appetite.
Walter E. Williams
All we have to do now is to inform the public that the payment of social security taxes is voluntary and watch the mass exodus.
Walter E. Williams
Many of the wonderful achievements of the 20th century were the result of the pursuit of profits. Unfortunately, demagoguery has led to profits becoming a dirty word. Nonprofit is seen as more righteous, particularly when people pompously stand before us and declare, 'We're a nonprofit organization.'
Walter E. Williams
Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.
Walter E. Williams
Trying to get government to be as efficient as business is as hopeless as trying to teach cats to bark and dogs to meow.
Walter E. Williams
Cap and trade is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.
Walter E. Williams