Peter Drucker Quotes About Capitalism

Quotes about: Capitalism

• Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.

  Peter Drucker

  Communication, Information, Hiding

  "Managing in a Time of Great Change".

• The largest 100 corporations hold 25 percent of the worldwide productive assets, which in turn control 75 percent of international trade and 98 percent of all foreign direct investment.The multinational corporation...puts the economic decision beyond the effective reach of the political process and its decision-makers, national governments.

  Peter Drucker

  Government, Decision, Political

• 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.

  Peter Drucker

  Expression, Order, Progress

  "The End of Economic Man". Book by Peter F. Drucker, 1939.

• 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.

  Peter Drucker

  Promise, Overcoming, Unbroken

  Peter Drucker (2017). “The End of Economic Man: The Origins of Totalitarianism”, p.36, Routledge

• 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.

  Peter Drucker

  Cynical, Vices, Benefits

  Peter Drucker (2012). “The Practice of Management”, p.340, Routledge

• 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.

  Peter Drucker

  Knights, Age, Embodiment

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