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"Capitalism might be defined, if we wish to be scientific, as a form of economic organization motivated by the pursuit of profit within a price structure."

— Carroll Quigley
carroll quigley Quotes Pursuit,Economic,Defined

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Carroll Quigley
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Capitalism
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One must not allow oneself to skid down to isolationism and unbridled economic egoism. ... The second possible mistake would be excessive interference into the economic life of the country. And the absolute faith into the all-mightiness of the state.

— Vladimir Putin

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When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.

— Carroll Quigley

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