“Private Capitalism makes a steam engine; State Capitalism makes pyramids.”

— Frank Chodorov

As quoted in “Frank Chodorov: Champion of Liberty,” Aaron Steelman, FEE, (Foundation for Economic Education), (December 1, 1996) https://fee.org/articles/frank-chodorov-champion-of-liberty/

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Frank Chodorov44

American libertarian thinker 1887–1966

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Attributed

“Private Capitalism makes a steam engine; State Capitalism makes pyramids.”

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Frank Chodorov44

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