George Gilder
"The secret of capitalist success is that the same people who prove by previous entrepreneurial experiments that they are capable of creating wealth get to control the next phase of investment. The socialist wants to benefit from the entrepreneurs’ success and then take the capital away and deploy it for some government purpose. That thwarts the information process, which is critical to the success of any economy. It is dependent on creativity, which always comes as a surprise to us." - George Gilder
The purpose of private investment is to create more wealth. The purpose of government spending is to create more power.
