Capitalism has worked very well. Anyone who wants to move to North Korea is welcome.
What's the meaning of this quote?
Quote Meaning: This quote serves as a tongue-in-cheek reminder of the relative merits of capitalism as an economic system. Capitalism, despite its flaws, has undeniably been successful in fostering innovation, economic growth, and overall prosperity in many countries. The reference to North Korea, a country known for its oppressive regime and impoverished living conditions, highlights the stark contrast between capitalist societies and those governed by more restrictive systems. The quote essentially suggests that, while it is important to acknowledge and address the shortcomings of capitalism, it is also crucial to appreciate the opportunities and freedoms it has afforded many people around the world. By comparing capitalism to a system that is widely regarded as oppressive and ineffective, the quote underscores the importance of acknowledging the relative success of the capitalist model, even as we strive to make it more equitable and sustainable.
Who said the quote?
The quote "Capitalism has worked very well. Anyone who wants to move to North Korea is welcome." was said by Bill Gates (Bio / Quotes). Bill Gates is a computer scientist, philanthropist, and entrepreneur. He co-founded Microsoft Corporation, one of the largest and most successful technology companies in the world.
Chief Editor
Tal Gur is an author, founder, and impact-driven entrepreneur at heart. After trading his daily grind for a life of his own daring design, he spent a decade pursuing 100 major life goals around the globe. His journey and most recent book, The Art of Fully Living, has led him to found Elevate Society.
