Popular quotes about Capitalism! Wisdom and inspiration are here! | page 119
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
Jeremy RifkinWe have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad.
Martin Luther King, Jr.Everybody wasn't always wasted. Why is punk rock about getting wasted? Isn't it punk rock to be sober and change the world? I thought it was about challenging capitalism? How are you going to challenge capitalism if you're wasted?
Kathleen HannaWe often confuse or loosely use the ideas of crony capitalism or neoliberalism to actually avoid using the word "capitalism", but once you've actually seen, let's say, what's happening in India and the United States - that this model of US economics packaged in a carton that says "democracy" is being forced on countries all over the world, militarily if necessary, has in the United States itself resulted in 400 of the richest people owning wealth equivalent [to that] of half of the population.
Arundhati RoyIt was only in the late nineteenth century and then the twentieth century, with the maturation of consumer capitalism, that a shift was made toward the cultivation of unbounded desire. We must appreciate this to realize that late modern consumption, consumption as we now know it, is not fundamentally about materialism or the consumption of physical goods. Affluence and consumer-oriented capitalism have moved us well beyond the undeniable efficiencies and benefits of refrigeration and indoor plumbing.
Rodney ClappFrom the viewpoint of economic democracy, the capitalism-socialism debate was a debate between private and state capitalism (i.e., the private or public employment system), and the debate was as misframed as would be a debate between the private or public ownership of slaves.
David P. EllermanWe're supposed to live under capitalism, and capitalism is supposed to be competitive so you would expect that capitalists and entrepreneurs would like competition. Well, it turns out that capitalists do everything they can to avoid competition.
David HarveyThe European Union is effectively a union dominated by the German political and economic elite. Its main function is to serve as a nucleus for financial capitalism and to ease the road for that capitalism. The other functions just irritate everyone: it's undemocratic; decisions are not made by parliament; the European Parliament is not sovereign.
Tariq AliCapitalism is of this material world; it provides us with the means to live; it empowers us within the known world of sense and human reason. If it is to be measured by a strict standard of holiness, by religious normativity alone, then there can never be a moral capitalism.
Stephen YoungRarely has a collection of essays from a dozen scholars created a whole greater than the sum of its parts, but Capitalism Takes Command conveys with detail, coherence, and sophistication the changes in the American economy in the nineteenth century under the multiple imperatives of capitalism.
Joyce ApplebyThe left hates capitalism, not because of freedom and liberty - although they do. But the primary they hate capitalism is that it is the most efficient engine to create wealth for the greatest number of people in a society that has ever been devised. Nobody's ever claimed it's perfect. Nobody's ever said it's flawless. But it's better than anything else out there, particularly anything left has to offer.
Rush LimbaughThe characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.
Ludwig von MisesThe difference between capitalism and feudalism is that under capitalism, they make money directly through wages, manufacturing, and commerce and under feudalism, it's directly through juro-political means.
David GraeberWhat breaks capitalism, all that will ever break capitalism, is capitalists. The faster they run the more strain on their heart.
Raymond WilliamsMarx's own illusion was to think that the working class movement, which he devoted his life to creating and strengthening, would both be socially and politically successful in the industrial nations of Western Europe, and that it would develop an entirely new way of human social life that would retain and even enhance the productive benefits of capitalism while overcoming the inhumanity and exploitation of capitalist social relations. Marx himself had no solutions to these problems. His object of study was capitalism itself.
Allen W. WoodKarl Marx left it to others to find the way beyond capitalism to a higher form of society. He saw his role as giving them as accurate a theory as he could of how capitalism works, which would also show them the reasons why it needs to be abolished and replaced by a freer and more human form of society.
Allen W. WoodFor nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.
Raghuram RajanIf capitalism is fair then unionism must be. If men and women have a right to capitalize their ideas and the resources of their country, then that implies the right of men and women to capitalize their labor.
Frank Lloyd WrightThe only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.
Jim StanfordThe problem with capitalism is that it best rewards the worst part of us: the ruthless, competitive, conniving, opportunistic, acquisitive drives, giving little reward and often much punishment-or at least much handicap-to honesty, compassion, fair play, many forms of hard work, love of justice, and a concern for those in need.
Michael ParentiI think we really made a mistake in separating the Internet from capitalism in a certain way that is bad for our country.
Esther DysonA sane person would think that Wal-Mart would never carry 'Capitalism: A Love Story' because it's simply not in their best interests to inform their customers of their shady past.
Michael MooreUnder a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.
Ludwig von MisesThe more moral the people are in their business dealings, the less paperwork you need, the more handshakes you can have, the more the wheels of capitalism work better because there's trust in the marketplace. Business ethics is not a joke. And, in fact, I think most businesses that I've dealt with encourage exactly that type of behavior.
Rick SantorumIt is no longer an unwritten law of American capitalism that industry will attempt to maintain wages at a level that allows a single wage to support a family.
Christopher LaschI do fear that global capitalism is making us more like each other in regrettable ways, e.g., more people are increasingly captivated by spectacles of violence and aggression or of conspicuous consumption that are the subjects of the most commercially viable films across countries precisely because they don't depend for their appeal on cultural fine points; and more people are prone to deal with others on a purely instrumental and impersonal basis.
David WongIn 2003, Helmut Schmidt said: Predatory capitalism exists, we have to civilize it and we can do that via Europe. He was right. We haven't tried hard enough.
Martin SchulzIn a time in which Communist regimes have been rightfully discredited and yet alternatives to neoliberal capitalist societies are unwisely dismissed, I defend the fundamental claim of Marxist theory: there must be countervailing forces that defend people's needs against the brutality of profit driven capitalism.
Cornel WestIf the Russians claim they are Socialist, this is just, I would say, a lie. They have no socialism at all. They have what I would call a state capitalism.
Erich FrommAdam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.
Reinhold Niebuhr[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.
James GrantIf a Cuban refugee is escaping, we're saying they're a political refugee, but why isn't a Haitian refugee a political refugee? They're escaping the capitalism and degradation of economic imperialism. We don't call them political refugees; we call them unfortunate people.
Ian SvenoniusBring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.
Russell B. LongI am going to fight capitalism even if it kills me. It is wrong that people like you should be comfortable and well fed while all around you people are starving.
Sylvia PankhurstThe market came with the dawn of civilization and it is not an invention of capitalism. ... If it leads to improving the well-being of the people there is no contradiction with socialism.
Mikhail GorbachevWe can make market forces work better for the poor if we can develop a more creative capitalism-if we can stretch the reach of market forces so that more people can make a profit, or at least make a living, serving people who are suffering from the worst inequities. ... You have more than we had; you must start sooner, and carry on longer.
Bill GatesEverything that everyone is afraid of has already happened: The fragility of capitalism, which we don't want to admit; the loss of the empire of the United States; and American exceptionalism. In fact, American exceptionalism is that we are exceptionally backward in about fifteen different categories, from education to infrastructure.
James HillmanCapitalists work hard to produce what consumers want. Artists who work too hard to produce what consumers want are often accused of selling out. Thus, even the languages of capitalism and art conflict: a firm that has 'sold out' has succeeded, but an artist that has 'sold out' has failed.
Alex TabarrokStealing from capitalism is not like stealing out of our own pockets. Marx and Lenin have taught us that anything is ethical, so long as it is in the interest of the proletarian class and its world revolution.
Nicolae CeausescuI was not chosen to be president to restore capitalism to Cuba. I was elected to defend, maintain and continue to perfect socialism, not destroy it.
Raul CastroHermeneutics is a way of looking at Being as an inheritance that is never considered as ultimate data. Capitalism has always grown by considering, or forcing another to consider, as a 'natural' possession what is inherited. The great dominating families are really the inheritors of the strongest pirates, thieves, and bandits, and they consider themselves entitled to command through a divine or natural law, when they really are only the result of a forgotten 'violence'.
Gianni VattimoA triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.
Ellen Willis