"Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom"
About this Quote
The subtext is a romantic view of the market as an almost natural ecosystem, one that will self-correct the moment government stops interfering. Notice the flattering cast list: “intelligent, capable, and responsible men and women.” Poverty here isn’t framed as a condition people endure so much as collateral damage inflicted on the virtuous producers who would otherwise lift everyone. That move isn’t accidental; it shifts sympathy away from the poor as primary subjects and toward the allegedly muzzled strivers as the true victims. It also smuggles in a moral hierarchy: success signals responsibility, and responsibility deserves freedom; regulation becomes an attack on merit.
Context matters because Smith is a science fiction writer steeped in anti-statist, pro-individualist traditions (think Heinlein-adjacent), where society’s problems are often traced to centralized authority and solved through unleashed autonomy. The rhetoric relies on absolutes and a cinematic sequence: abolish, stand back, boom. It’s persuasion by simplification, a confident story that feels satisfying precisely because it erases trade-offs, power imbalances, and the messy fact that “productive capacity” isn’t distributed evenly - and neither are the benefits of a boom.
Quote Details
| Topic | Freedom |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Smith, L. Neil. (2026, January 15). Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom. FixQuotes. https://fixquotes.com/quotes/poverty-is-a-solved-problem-all-they-have-to-do-164119/
Chicago Style
Smith, L. Neil. "Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/poverty-is-a-solved-problem-all-they-have-to-do-164119/.
MLA Style (9th ed.)
"Poverty is a solved problem - all they have to do is abolish taxes and regulations which cripple those intelligent, capable, and responsible men and women and destroy their productive capacity, then stand back and watch the economy boom." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/poverty-is-a-solved-problem-all-they-have-to-do-164119/. Accessed 12 Feb. 2026.






