First Quote Added
April 10, 2026
Latest Quote Added
"Those tempted to slough off the helpful role of the state [in the earning of private property] should... "compare the fortune accumulated by Cornelius Vanderbilt in America with what he might have accumulated had he been adopted when an infant by a family of Hottentots.""
"Despite loud complaints from members of the financial elite about high tax levels, it's interesting to note that they still manage to live in the finest houses, eat at the best restaurants, shop at the most expensive stores. If this is coercion, we should all experience it."
"Utterly left out of Tax Freedom Day [a holiday marking how many days an average person must work before his or her annual taxes are paid off] is any notion that taxes are what we pay to buy services that we all need and use, and that would be much more expensive or even impossible to purchase privately - fire and police protection, highways, roads, canals, coast guard services, snow removal, water purification, schools, hospitals, libraries, etc. Tax Freedom Day could undoubtably be moved up to early January if we were prepared to walk out of our dwellings that morning onto a dirt path and take our chances on what might befall us."
"Private courier companies are fine to handle the lucrative parts of the [postal] business. But they have little interest in servicing remote communities, so these areas get poor or non-existent service. Similarly, leaving health care and education to the private marketplace will result in fine services for the affluent but leave many others without access to decent services (or in some cases any services at all). While this kind of deficiency is bad enough when it comes to postal delivery, it becomes downright serious in areas like health care and education."
"[W]e are assured not just that things will work out over time, but that scarcity is "vanishing before our eyes." Why, look - even as we watch - those 2.8 billion people are going to find food on their plates. Look again in a few hours and their shacks will have toilets - and then air conditioning. In a few days, they'll likely have DVD systems and be doing their banking by cellphone."
"It is almost enough to make one's jaw drop to think that officials at the World Bank and the IMF would suggest that they have poverty alleviation in mind when they force governments to withdraw subsidies that enable poor people to get clean water to drink. If this is a policy aimed at helping the world's poor, it's interesting to imagine what a policy aimed at hurting the world's poor would look like."
"Like chewing gum or hair gel, water [according to the World Bank and IMF] is to be sold by the private sector at market rates. The needs of the people are all that's left out of this equation.... [A] World Bank document cites the "willingness to pay" on the part of the people in Ghana as evidence of their recognition of the "health benefits" of drinkable water. It's amazing, isn't it, how people are "willing" to pay huge amounts for things that they need in order to survive!"
"One of the striking aspects of the new trade deals is that while they have invested corporations with a new set of rights, they have attached no responsibilities to those rights. Notice how the lawsuits all go in one direction - corporations sue governments for infringing their corporate profit-making rights. A government can't sue a corporation for infringing the rights of its citizens by, say, polluting local drinking water."
"Canada got one break in the Walkerton tragedy: the deadly contamination of the Ontario town's water supply, which killed seven people in the summer of 2000, came from cow manure. If the contamination had come instead from, say, a toxic chemical produced by a foreign company, that would have been worse. Then the company might well have sued Canada for hundreds of millions of dollars."
"[A]s things now stand, the case that capitalism will make the world - not just the West - materially better off has simply not been convincingly demonstrated. Indeed, with almost 70 per cent of the world's people experiencing a decline in their real incomes in recent years, the opposite appears to be true. The wanton celebration of market capitalism while so many people throughout the world are lacking basic food and shelter seems, if not downright vulgar, at least a little insensitive."
"The public-choice theorists would have us believe that nobody ever gets involved in governments or the political arena out of a desire to accomplish public [goals[]].... Needless to say, the notion that citizens would voluntarily band together to fight injustice and poverty in faraway parts of the world is incomprehensible to this kind of thinking. This perhaps explains the frequent attempt to dismiss those in the anti-globalization movement as nothing more than a group of self-seeking opportunists - as if there is some kind of money to be made in championing debt elimination for the Third World."
"Thomas Friedman dismissed the protesters in Quebec City as members of the "Coalition to Keep Poor People Poor." …The Coalition to Keep Poor People Poor might as well disband; its apparent goal is being accomplished in spades by pro-market forces. If the prospects of the world's poor improving their lot is one that supposedly upsets anti-capitalist protestors, they can confidently put their gas masks and get back to the shopping mall - global capitalism can be trusted to keep the poor in check without any help."