Popular quotes about Capitalism! Wisdom and inspiration are here! | page 28
You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.; you know that all men today enjoy a higher standard of living than your ancestors did before the age of capitalism. But how do you know that you are the one out of ten who would have lived in the absence of capitalism? The mere fact that you are living today is proof that capitalism has succeeded, whether or not you consider your own life very valuable.
Ludwig von MisesThe moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does -- if that catch-phrase has any meaning -- but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is: justice
Ayn RandCapitalism is an art form, an Apollonian fabrication to rival nature. It is hypocritical for feminists and intellectuals to enjoy the pleasures and conveniences of capitalism while sneering at it. Everyone born into capitalism has incurred a debt to it. Give Caesar his due.
Camille PagliaCapitalism improves the quality of life for the working class not just because it leads to improved wages but also because it produces new, better, and cheaper goods.... Indeed, with capitalism, the emphasis shifted to producing goods as cheaply as possible for the masses--the working class--whereas artisans had previously produced their goods and wares mostly for the aristocracy. Under capitalism every business wants to cater to the masses, for that is where the money is.
Thomas DiLorenzoTruth 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.
Martin Luther King, Jr.Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.
Kathleen ParkerThe truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.
Ludwig von MisesThe 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.
Fulton J. SheenI'd be the first to agree that capitalism bestows its blessings unevenly. But that wouldn't persuade me to think it was a good idea to do away with those blessings in their entirety. That said, there is lots of work to be done to make capitalism work better, and to broaden its blessings far more widely not only in America, but all over the globe.
John C. BogleBut 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.
Vladimir LeninAll the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled.
Ludwig von MisesNot only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?
David HarveyOur capitalistic scheme in the latter years of the 20th century seems to have lost its way. We've had a "pathalogical change" from traditional owners capitalism where most of the rewards have gone to those who make the investments and assume the risks to a new and deeply flawed system of managers capitalism where the managers of our corporations our investment system, and our mutual funds are simply take too large a share of the returns generated by our corporations and mutual funds leaving the last line investors - pension beneficiaries and mutual fund owners at the bottom of the food chain.
John C. BogleIn the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.
Fran LebowitzTo speak of โlimits to growthโ 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 โpersuadedโ to limit growth than a human being can be โpersuadedโ to stop breathing. Attempts to โgreenโ capitalism, to make it โecologicalโ, are doomed by the very nature of the system as a system of endless growth.
Murray BookchinCapitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
David Korten...the myth of socialism is far stronger than the reality of capitalism. That is because capitalism is not really an ism at all. It is what people do if you leave them alone.
Arnold BeichmanRarely 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 ApplebyWhile I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of "The Battle for the Soul of Capitalism."
John C. BogleMarx'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. WoodTruth is not to be found either in traditional capitalism or in Marxism. Each represents a partial truth. Historically, capitalism failed to discern the truth in collective enterprise and Marxism failed to see the truth in individual enterprise.
Martin Luther King, Jr.If all money capital invests in appropriation and none in actual production, then capitalism is not long for this world.
David HarveyA 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 MooreThe system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot be separated. Each flows out of the other.
Henry HazlittYes it is true that pro-capitalist forces have a lot of power. But so did slave-holding racists. We give ourselves hope when we conceptualize capitalism as a set of practices that can be challenged by fighting the piece of the puzzle we feel most compelled to fight.
Cynthia KauffmanCapitalism knows only one color: that color is green; all else is necessarily subservient to it, hence, race, gender and ethnicity cannot be considered within it.
Thomas SowellThe characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a continuous trend toward an improvement in the general standard of living.
Ludwig von MisesI think commercialism helps Christmas and I think that the more capitalism we can inject into the Christmas holiday the more spiritual I feel about it
Craig FergusonWe have got to nurture the spirit of independent journalism in this country, or we'll not save capitalism from its own excesses, and we'll not save democracy from its own inertia.
Bill MoyersThe realization that I came to is that each citizen for himself or herself understands the economics, which is, "I better make more than I spend and I better put something aside for a rainy day, and I want to get a good idea about what to do with the surplus so that perhaps it can grow while I'm sleeping." And that that's capitalism. Everybody practices it, but half of the country - those on the left - deny that it's true.
David Mamet[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.
James GrantThere are some things in the world we can't change- gravity, entropy, the speed of light, and our biological nature that requires clean air, clean water, clean soil, clean energy and biodiversity for our health and well-being. Protecting the biosphere should be our highest priority or else we sicken and die. Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them. It makes no sense to elevate economics above the biosphere.
David SuzukiOne of our great strength, world capitalism, is the most successful economic system possible, but has also become one of shorter and shorter cycles of evaluation. CEOs, companies, stocks, profits and debits change at an ever more accelerated pace in response to the demands of stockholders and the market. We have already experienced some consequences of the shortening cycle of decision making in business, but those are minor in relation to the grand systemic collapse that always eventually results from such accelerating and shortening periods for leadership goals.
Arthur DemarestCreativity is the foundation of wealth. All progress comes from the creative minority. Under capitalism, wealth is less a stock of goods than a flow of ideas, the defining characteristic of which is surprise. If it were not surprising, we could plan it, and socialism would work.
George GilderYou just overwhelm the system with so many dependents and so many middle class benefits having to be paid that the money isn't there. It causes a system-wide collapse, capitalism implodes upon itself, and somebody comes into the breach and restructures the government as a socialist utopian paradise - and the guy's dead serious about it.
Rush LimbaughA tension has always existed between the capitalist imperative to maximize efficiency at any cost and the moral imperatives of culture, which historically have served as a counterweight to the moral blindness of the market. This is another example of the cultural contradictions of capitalism - the tendency over time for the economic impulse to erode the moral underpinnings of society. Mercy toward the animals in our care is one such casualty.
Michael PollanWhy would anyone be able to make $21 million not showing up for work for a single day? That is vulgar capitalism. That is not good for the nation.
Jesse JacksonSocialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
Ludwig von MisesI talked a lot early on in my career about intersectionality and how racism and classism and sexism and homophobia and capitalism are all connected with each other, and they're these crazy systems that are feeding on each other and are also damaging. I can't even go into the whole spectrum of it. But I feel like kids today are so much more savvy about that conversation. And I'm so thrilled when I get to meet younger people who are doing that so much better than I did.
Kathleen HannaThe dynamics of capitalism is postponement of enjoyment to the constantly postponed future.
Norman O. BrownThis is not about trade, no one is a stronger supporter of capitalism and trade than I am. This is about sovereignty and whether a country has the right to set its own public health policies.
Bill GatesThe most powerful single force in the world today is neither Communism nor Capitalism, neither the H-bomb nor the guided missile -- it is man's eternal desire to be free and independent.
John F. KennedyThe truth is not that the problem is the newsroom does not understand capitalism. The problem is that the front office does not understand journalism. The problem is not that the average reporter does not understand what it is that's necessary to make the payroll, to make the good edifice, to make the thing that he wants. It is that in fact those who control too many of the edifices have actually come to believe that Wall Street has wisdom, and that that wisdom should instruct our business.
Hodding Carter III