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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
Made
Serving
Way
Fellow
Plundering
Men
Fellows
Amassed
People
Capitalism
Enslaving
Wealth
Looting
Possible
Prior
Become
Wealthy
Great
Libertarian

More quotes by Walter E. Williams

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Communism and socialism is [sic] seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody is equal. Everybody has a right to decent housing, decent food and affordable medical care. History should have taught us that when we hear people talk this stuff - watch out!
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The crucial question for any policy is not what, are its intentions, but what are its effects?
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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
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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. Williams
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No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.
Walter E. Williams
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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
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Politicians have always coveted the liberties we hold.
Walter E. Williams
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Most of our country's serious problems can be laid at the feet of Congress and the White House and not at capitalism.
Walter E. Williams
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Vote for me. I'll use my office to take another American's money and give it to you.
Walter E. Williams
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Nothing in our Constitution suggests that government is a grantor of rights. Instead, government is a protector of rights.
Walter E. Williams
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A caged canary is safe but not free.
Walter E. Williams
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If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.
Walter E. Williams
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True rights, such as those in our Constitution, or those considered to be natural or human rights, exist simultaneously among people. That means exercise of a right by one person does not diminish those held by another.
Walter E. Williams
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If the States do not have the right to secede, then they have no rights at all.
Walter E. Williams
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The essence of government is force, and most often that force is used to accomplish evil ends.
Walter E. Williams
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Universities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.
Walter E. Williams
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If we buy into the notion that somehow property rights are less important, or are in conflict with, human or civil rights, we give the socialists a freer hand to attack our property.
Walter E. Williams
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How does something immoral, when done privately, become moral when it is done collectively? Furthermore, does legality establish morality? Slavery was legal apartheid is legal Stalinist, Nazi, and Maoist purges were legal. Clearly, the fact of legality does not justify these crimes. Legality, alone, cannot be the talisman of moral people.
Walter E. Williams
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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
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Government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.
Walter E. Williams