John C. Bogle Quotes About Capitalism

• Thomas Aquinas defined the human soul as the core of our being, and the power that brings our characteristics into unity so the soul of capitalism - in its own temporal world as contrasted to the spiritual world of human beings - is what defines the core of the system and the factors that unify to produce the wonderful world that we are blessed to live in.

  John C. Bogle

  Spiritual, Blessed, Soul

  Fuente: www.washingtonpost.com

• Our capitalistic scheme in the latter years of the 20th century seems to have lost its way. We've had a "pathalogical change" from traditional owners capitalism where most of the rewards have gone to those who make the investments and assume the risks to a new and deeply flawed system of managers capitalism where the managers of our corporations our investment system, and our mutual funds are simply take too large a share of the returns generated by our corporations and mutual funds leaving the last line investors - pension beneficiaries and mutual fund owners at the bottom of the food chain.

  John C. Bogle

  Leaving, Risk, Assuming

  Fuente: www.washingtonpost.com

• I'd be the first to agree that capitalism bestows its blessings unevenly. But that wouldn't persuade me to think it was a good idea to do away with those blessings in their entirety. That said, there is lots of work to be done to make capitalism work better, and to broaden its blessings far more widely not only in America, but all over the globe.

  John C. Bogle

  Blessing, Thinking, Done

  Fuente: www.washingtonpost.com

• Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.

  John C. Bogle

  Free Market, Capitalism

  Fuente: www.washingtonpost.com

• While I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of "The Battle for the Soul of Capitalism."

  John C. Bogle

  Priorities, Soul, Battle

  Fuente: www.washingtonpost.com

• I think it's fairly easy to provide a moral defense of capitalism. It has been - over the last 200 years - the underlying basis for enormous increases in productivity and human welfare and rising living standards, particularly in the United States, and in the industrialized nations but in fact, in most parts of the world.

  John C. Bogle

  Thinking, World, Moral

  Fuente: www.washingtonpost.com

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