Quotes About Capitalism

People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.

Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.

Truth is found neither in Marxism nor in traditional capitalism. Each represents a partial truth. Historically capitalism failed to see the truth in collective enterprise, and Marxism failed to see the truth in individual enterprise. Nineteenth century capitalism failed to see that life is social and Marxism failed and still fails to see that life is individual and personal. The Kingdom of God is neither the thesis of individual enterprise nor the antithesis of collective enterprise, but a synthesis which reconciles the truths of both.

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Capitalism and the thirst for profit without limits of the capitalist system are destroying the planet...Climate change has placed all humankind before a great choice: to continue in the ways of capitalism and death, or to start down the path of harmony with nature and respect for life.

The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.

But democracy is by no means a limit one may not overstep; it is only one of the stages in the course of development from feudalism to capitalism, and from capitalism to Communism.

Understanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.

Capitalism is supposedly free enterprise. Supposedly about the free individual. But capitalism itself is so massive that the guy on the street gets caught in paying rent, taxes, and he doesn't own himself at all.

To speak of ‘limits to growth’ under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. The moral pieties, that are voiced today by many well-meaning environmentalists, are as naive as the moral pieties of multinationals are manipulative. Capitalism can no more be ‘persuaded’ to limit growth than a human being can be ‘persuaded’ to stop breathing. Attempts to ‘green’ capitalism, to make it ‘ecological’, are doomed by the very nature of the system as a system of endless growth.

Capitalism and socialism are two distinct patterns of social organization. Private control of the means of production and public control are contradictory notions and not merely contrary notions. There is no such thing as a mixed economy, a system that would stand midway between capitalism and socialism.

The main argument is that capitalism is constituted by a varied of different practices, and so challenging capitalism needs to be about a variety of struggles. I draw on the important work of J.K. Gibson-Graham, who argues that we should model anti-capitalist struggle on feminist struggles.

When it comes to rapacious 19th century capitalism, my family's hands are clean.

When you say 'state' you mean 'national.' National Socialism. That is what Mussolini and Hitler did. National Socialism. State Capitalism. They've changed the name.

If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the "bourgeois" under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.

As a businessman, Donald Trump has been associated with some of the worst excesses of a particular style of value-extracting and asset stripping capitalism: set up businesses, let them fail, avoid paying suppliers, use bankruptcy laws to avoid taxes for decades, then set up another business somewhere else. It is this model that is the cause of many problems we see today.

When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.

It's high time for the art world to admit that the avant-garde is dead. It was killed by my hero, Andy Warhol, who incorporated into his art all the gaudy commercial imagery of capitalism (like Campbell's soup cans) that most artists had stubbornly scorned.

Capitalism now seems more likely a swamp, a bog, a quicksand in which humanity is presently flailing about, unable to extricate itself, perhaps doomed to perish within a few generations from the long term effects of the technology which seemed to Marx its greatest gift to humanity.

It is the masculine dynamic that has caused our society to place money and corporate profit above human beings. It has allowed the earth to be viewed only as a commodity to be exploited. The feminine perspective sees things differently. She sees the earth and all its inhabitants as entities to be revered and cared for. She sees individual human beings as more important than the relentless advance of capitalism and competition. It is my hope, perhaps indirectly expressed in my work, that the divine feminine is reawakening.

Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.

I'm no communist.I'm a tax cutting Conservative. But I want a capitalism that is fairer to forgotten people.

Is it logical to ask how far away are we from the pope explaining that abortion can be justified, "in certain circumstances, in certain regions," and if it might be related to the evils of American capitalism and our immigration policy?

Creative capitalism takes this interest in the fortunes of others and ties it to our interest in our own fortunes in ways that help advance both. This hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reached by self-interest or caring alone.

Liberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the Industrial Revolution and the flowering of modern capitalism.

It is capitalism, not Marxism, that trades in futures.

Capitalism is the greatest system ever created for alleviating general human misery, and yet it breeds ingratitude.

The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.

We are paying a heavy political price for 20 years in which, as a party, we have played down our criticism of capitalism and soft-peddled our advocacy of socialism

The underlying issue is the system of capitalism itself, and under this system the best means for regulating or checking their power is not relying on a government which represents the interests of the rich but for millions of working people to become politically active in workplaces and communities through building unions and our own political party.

This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.

Violence, with its ever-present economy of uncertainty, fear, and terror, is no longer merely a side effect of police brutality, war, or criminal behavior. It has become fundamental to neoliberalism as a particularly savage facet of capitalism. And in doing so it has turned out to be central to legitimating those social relations in which the political and pedagogical are redefined in order to undercut possibilities for authentic democracy.

Racism is very characteristic of imperialism and capitalism. Hate against me has a lot to do with racism. Because of my big mouth and curly hair. And I'm so proud to have this mouth and this hair, because it is African.

Feminism now seems to be defined as success is defined: as being as good at capitalism as men are. I feel very estranged from it.

The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.

Unbridled capitalism in the United States can't be sustained socially. It leads to tensions.

When we truly discover how to love our neighbor as our self, Capitalism will not be possible and Marxism will not be necessary.

There is a tendency under capitalism system to reduce everything to a kind of commodity fetish, and this order tends to promote extremely conventional and uniform expressions of gender and sexuality in order to promote certain products and lifestyle choices that are commercialized. This necessarily entails a capitulation to heteronormativity, or in the case of the new gay movement, a "homonormativity" that doesn't stray far from the heterosexual paradigm. Anyone who questions these normative values and conventions is subject to disapproval, hostility, or even violence.

Gentlemen, a depression is for capitalism like a good, cold douche.

I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view.

I don't like the idea of capitalism anyway. Because it's not capital we are talking about; it's knowledge and creating well-being. Because I mean, that gets people on the wrong track when it's capital and how we allocate capital - no. How do we create the Republic of Science in America? How do we have a system of mutual benefits where people succeed by helping others improve their lives? So I don't like that at all.

In the moral calculus of currently prevailing state capitalism, profits and bonuses in the next quarter greatly outweigh concern for the welfare of one’s grandchildren, and since these are institutional maladies, they will not be easy to overcome. While much remains uncertain, we can assure ourselves, with fair confidence, that future generations will not forgive us our silence and apathy.

Capitalism is the only economic system compatible with free individuals

For a whole historic period after World War II, US capitalism was the strongest in the world and could afford to concede rising living standards.

If capitalism is to remain a healthy, vibrant economic system, corporations must participate in taking care of the society and the environment in which they live.

This is an incredibly creative time. It is a difficult time. It is a disparaging time. A time of cultural and global transitions based on the realization that the Earth cannot support nonsustainable practices anymore. I believe capitalism will eventually be replaced by a communitarian ethic where the rights and care of all beings will be taken into consideration, not just the greed of a corporate few.

Capitalism is the only engine credible enough to generate mass wealth. I think it's imperfect, but we're stuck with it. And thank God we have that in the toolbox. But if you don't manage it in some way that incorporates all of society, if everybody's not benefiting on some level and you don't have a sense of shared purpose, national purpose, then it's just a pyramid scheme.

Following the rise of the Labour Party it seemed reasonable, in 1927, to expect, or at least hope, that co-operation for the common good might gradually replace the competitiveness of capitalism.