4 Peter F. Drucker Quotes on Capitalism

Peter F. Drucker quotes on capitalism

17. If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the 'bourgeois' under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource. -- Post-Capitalist Society (1993)

51. Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits. -- The Practice of Management (1954)

67. There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere. ...In every case the opposition could only be overcome--peacefully or by force--because of the promise of capitalism to establish equality. ...That this promise was an illusion we all know. -- The End of Economic Man (1939)

68. Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior... -- The End of Economic Man (1939)