There are many variations of this saying:
Jake Brodsky

No, it wasn’t capitalism, it was conservatism. They aren’t the same thing. The best known variant is from Churchill:

anyone who was not a liberal at 20 years of age had no heart, while anyone who was still a liberal at 40 had no head”

Of course it’s a bit like a Yankees fan saying anyone who wasn’t a Yankees fan had no head. Hardly unbiased.

Here’s another quote from the head of probably the most conservative organization on Earth:

“You lack one thing; go, sell what you own, and give the money to the poor, and you will have treasure in heaven; then come, follow me.”