Quote by Frank Borman

Capitalism without bankruptcy is like Christianity without hell.

Capitalism without bankruptcy is like Christianity without h

Summary

This quote by Frank Borman implies that bankruptcy is an inherent aspect of capitalism, just as hell is an indispensable component of Christianity. It suggests that the possibility of failure, reflected in bankruptcy, is crucial for capitalism to function properly. Similar to how the notion of hell reinforces moral accountability and consequences in Christianity, bankruptcy serves as a mechanism to ensure accountability and discipline in the realm of capitalism. Without bankruptcy, capitalism may lack the necessary checks and balances, potentially leading to an imbalance and undermining its essence.

Topics

Capitalism

By Frank Borman

Liked the quote? Share it with your friends.

Random Quotations

Of course, I would be depressed sometimes, and my Mom would

Of course, I would be depressed sometimes, and my Mom would be worried about me because I would just sleep to escape. Cause I was so scared of being a musician or artist, or whatever you want to call it.

Chantal Kreviazuk

Mom

You can fill this table up with people who are racist, homop

You can fill this table up with people who are racist, homophobic, Satanist worshippers, sexist and we can be arguing but if you put on a song, I guarantee that people will stop and listen and that's what I love about music, it can bring people together.

Music Love People

My mum's parents were from Ireland, my dad's mum was America

My mum's parents were from Ireland, my dad's mum was American-Irish.

Dad

The more upset a person is with other people, and with circu

The more upset a person is with other people, and with circumstances, and the more satisfied he is with himself, the further he is from wisdom.

Wisdom Life Circumstances People

And ever has it been known that love knows not its own depth

And ever has it been known that love knows not its own depth until the hour of separation.

Love

Whatever limits us, we call Fate

Whatever limits us, we call Fate

Ralph Waldo Emerson

I see no business in life but the work of Christ.

I see no business in life but the work of Christ.

Purpose

When one paints an ideal, one does not need to limit one's i

When one paints an ideal, one does not need to limit one's imagination.

Idealism

Government is all show when it isn't murder in the dark ...

Government is all show when it isn't murder in the dark ... or soldiers in the open.

Orson Scott Card

Government Orson Scott Card Pathfinder

Let others laugh when you sacrifice desire to duty, if they

Let others laugh when you sacrifice desire to duty, if they will. You have time and eternity to rejoice in.

Theodore Parker

Duty

The republic, as I at least understand it, means association

The republic, as I at least understand it, means association, of which liberty is only an element, a necessary antecedent. It means association, a new philosophy of life, a divine Ideal that shall move the world, the only means of regeneration vouchsafed to the human race.

Giuseppe Mazzini

Government

Sometimes I even now feel like a stranger in my country. But

Sometimes I even now feel like a stranger in my country. But I knew there would be problems because I had seen the world as a skater. And now? A lot of people in eastern Germany have lost jobs, rents went up, food costs went up, unemployment went to 20 percent. Freedom is good, but it is not easy.

Food