The Essential Point To Grasp Is That

The Intellectual And Social Climate Needed To Allow Entrepreneurship To Thrive Will Not Exist In Advanced Capitalism.

As A Matter Of Fact, Capitalist Economy Is Not And Cannot Be Stationary. Nor Is It Merely Expanding In A Steady Manner. It Is Incessantly Being Revolutionized From Within By New Enterprise, I.e., By The Intrusion Of New Commodities Or New Methods Of Production Or New Commercial Opportunities Into The Industrial Structure As It Exists At Any Moment.

Geniuses And Prophets Do Not Usually Excel In Professional Learning, And Their Originality, If Any, Is Often Due Precisely To The Fact That They Do Not.

Capitalism Stands Its Trial Before Judges Who Have The Sentence Of Death In Their Pockets. They Are Going To Pass It, Whatever The Defense They May Hear; The Only Success Victorious Defense Can Possibly Produce Is A Change In The Indictment.

We Always Plan Too Much And Always Think Too Little.