A site dedicated to G.K. Chesterton, his friends, and the writers he influenced: Belloc, Baring, Lewis, Tolkien, Dawson, Barfield, Knox, Muggeridge, and others.
Tuesday, October 18, 2011
In contrast to this common perception of capitalism, Chesterton defines it as, "that economic condition in which there is a class of capitalists, roughly recognizable and relatively small, in whose possession so much of the capital is concentrated as to necessitate a very large majority of the citizens serving those capitalists for a wage."
"The present problem of capitalist concentration is not a question of law but of criminal law, not to mention criminal lunacy."
"Now what is the matter with the financial world is that it is a great deal too full of imagination, in the sense of fiction."