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 struct… - Carroll Quigley

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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.

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About Carroll Quigley

Carroll Quigley (9 November 1910 – 3 January 1977) was a noted American historian, polymath, and theorist of the evolution of civilizations, best known for his books The Evolution of Civilizations (1961) and Tragedy and Hope: A History of the World in Our Time (1966). He was noted for his teaching work as a professor at Georgetown University, for his academic publications, and for his research on secret societies.

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Additional quotes by Carroll Quigley

The difference between a stable society and an unstable one is that the restraints in an unstable one are external. In a stable society government ultimately becomes unnecessary; the restraints on people's actions are internal, they're self-disciplined...

The appearance of stability from 1840 to about 1900 was superficial, temporary and destructive in the long run... because communities and societies must rest upon cooperation and not upon competition. Anyone who says that society can be run on the basis of everyone's trying to maximize his own greed is talking total nonsense. And to teach it in schools, and to go on television and call it the American way of life still doesn't make it true. Competition and envy cannot become the basis of any society or any community.

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