Monthly Archives: September 2017

A Theory of Socialism & Capitalism

[socialism]……must be conceptualized as an institutionalized interference with or aggression against private property and private property claims. Capitalism, on the other hand, is a social system based on the explicit recognition of private property and of nonaggressive, contractual exchanges between private property owners.  

Hans-Hermann Hoppe (in 2010)

[socialism]……must be conceptualized as an institutionalized interference with or aggres- sion against private property and private property claims. Capitalism, on the other hand, is a social system based on the explicit recognition of private property and of nonaggressive, contractual exchanges between private property owners.  

Ray Kroc (1902-1984)

PERSISTENCE. Nothing in this world can take the place of good old persistence. Talent won’t. Nothing’s more common than unsuccessful men with talent. Genius won’t. Unrecognized genius is practically a clich. Education won’t. Why the world is full of educated fools. Persistence and determination alone are all powerful.