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— Carroll Quigley"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."
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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
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Social Democracy preached against capitalism for half a century. After the November revolution the Reds had the opportunity to direct capitalism into the proper paths: but nothing happened!
— Julius Streicher
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