Popular quotes about Capitalism! Wisdom and inspiration are here! | page 3
The 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 RandAnarchism is opposed to states, armies, slavery, the wages system, the landlord system, prisons, monopoly capitalism, oligopoly capitalism, state capitalism, bureaucracy, meritocracy, theocracy, revolutionary governments, patriarchy, matriarchy, monarchy, oligarchy, protection rackets, intimidation by gangsters, and every other kind of coercive institution. In other words, anarchism opposes government in all its forms.
Donald RooumCapitalism 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 DiLorenzochurches, like all the rest of our major institutions, are rooted in capitalism. For a church to attack capitalism is to 'bite the hand that feeds it.
Georgia HarknessUnder capitalism, we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle under autocratic control.
Noam ChomskyPost-1989 capitalism was far more unfriendly to economic and social rights than was the prior capitalism seeking to win public approval as a more compassionate economic arrangement than that which prevailed in state socialist economies.
Richard A. FalkWe'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 HarveyEurope is not managing its capitalism very well, it is not a good advertisement of capitalism
Jack GoldstoneOne of the problems with traditional anti-capitalist thought is that it defines capitalism as a totality, which encourages us to imagine another totality, socialism, which we can try to replace it with. This totalizing perspective has colonized the imagination of anti-capitalism and left us waiting for a revolution we can never have.
Cynthia KauffmanCapitalism, and capitalism alone, has rescued the human race from degrading poverty, rampant sickness and early death.
Llewellyn RockwellIf capitalism worked as the socialists think an economic system ought to work, and provided a constant equality of living conditions for all, regardless of whether a man was able or not, resourceful or not, diligent or not, thrifty or not, if capitalism put no premiums on resourcefulness and effort and not penalty on idleness or vice, it would produce only an equality of destitution.
Milton FriedmanFor 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 RajanCapitalism rules worldwide, and a society whose economic fabric depends on constant growth requires that its citizens have ever-expanding needs and wants... In the West, it will take one with soul force equal to Gandhi's to change the prevailing dogma of ever increasing GNP. We may be forced to change our profligate ways some day, when the soil is depleted, the aquifers drained, the icecaps melted, and all the oil wells pumped dry. But the crisis will wait another fifty years or so; we'll leave those problems to a generation yet unborn.
Philip YanceyI want the largest audience I can get, because that's how I can charge the highest advertising rate. Which means what else do I want? Money. I am trying to earn a profit. It's capitalism.
Rush LimbaughThe companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties
Fernand BraudelI see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.
John Maynard KeynesIt'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.
Camille PagliaWhile I have questions about the language used in describing the two economic systems, I think people have fairly good gut sense of the difference between socialism and capitalism.
Chris MatthewsThe 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 SantorumCompetition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.
Jim StanfordIdentity is marketed in national capitalism as a property. It is something you can purchase, or purchase a relation to. Or it is something you already own that you can express: my masculinity, my queerness . But identity need not be simply a caption for an image of an unchangeable concrete self. It is also a theory of the future, of history.
Lauren BerlantI 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 WongThe 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 MisesFor in order for capitalism to work -- in order for it to produce a good and a stable society -- the traditional Christian virtues are essential.
Antonin ScaliaI am convinced that the path to a new, better and possible world is not capitalism, the path is socialism.
Hugo ChavezWe don't live in a capitalist totality. Capitalism couldn't survive as a totality anyway. We live in this complex system and we already live communism and anarchism in a million forms everyday.
David GraeberBring 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. LongSociety is made up of groups, and as long as the smaller groups do not have the same rights and the same protection as others - I don['t care whether you call it capitalism or communism -it is not going to work. Somehow, the guys in power have to be reached by counterpower, or through a change in their hearts and minds, or change will not come.
Cesar ChavezCapitalism was the only system in history where wealth was not acquired by looting, but by production, not by force, but by trade, the only system that stood for man's right to his own mind, to his work, to his life, to his happiness, to himself.
Ayn RandWe 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
Tony BennThe idea was that those who direct the overall conspiracy could use the differences in those two so-called ideologies [Marxism/fascism/socialism v. democracy/capitalism] to enable them [the Illuminati] to divide larger and larger portions of the human race into opposing camps so that they could be armed and then brainwashed into fighting and destroying each other.
Myron Coureval FaganThis 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.
Tariq AliI originally came from Dresden, where Socialist Realism prevailed. Konrad Lueg and I came up with it, for the most part ironically, since I now live in capitalism. It was certainly 'realism', but in another form - the capitalist form, as it were. It wasn't meant that seriously. It was more a slogan for that particular Happening at a furniture store.
Gerhard RichterAnarchists are opposed to violence; everyone knows that. The main plank of anarchism is the removal of violence from human relations. It is life based on freedom of the individual, without the intervention of the gendarme. For this reason we are the enemies of capitalism which depends on the protection of the gendarme to oblige workers to allow themselves to be exploited--or even to remain idle and go hungry when it is not in the interest of the bosses to exploit them. We are therefore enemies of the State which is the coercive violent organization of society.
Errico MalatestaWhat gets called 'the sixties' left a mixed legacy and a lot of divides. But it opened everything to question, and what seems the most fundamental and most pervasive in all the ensuing changes is the loss of faith in authority: the authority of government, of science, of patriarchy, of progress, of capitalism, of violence, of whiteness.
Rebecca SolnitWe who work in technology have nurtured an especially rare gift: the opportunity to effect change at an unprecedented scale and rate. Technology, community, and capitalism combine to make Silicon Valley the potential epicenter of vast positive change.
Justin RosensteinIf you allow for a purely capitalistic society, without any type of regulation at all, you will get one monopoly that will eat all of the smaller fish and own everything, and then you'll have zero capitalism, zero competition - it would just be one giant company.
Serj TankianI 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.
Kenneth ArrowI am an ardent supporter of capitalism - but I also understand that while individuals have inalienable, God-given rights, corporations do not.
Gary HamelWhy 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 Jackson