Quotes About Capitalism

We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.

Anarchism 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.

I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.

There is a contradiction between market liberalism and political liberalism. The market liberals (e.g., social conservatives) of today want family values, less government, and maintain the traditions of society (at least in America's case). However, we must face the cultural contradiction of capitalism: the progress of capitalism, which necessitates a consumer culture, undermines the values which render capitalism possible

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.

I think historically modern economics, capitalist economics, tends to erode moral categories... And this is where I think the right gets capitalism wrong. They kind of assume that there is a moral equivalence or moral valence to capitalism, but I tend to think that economics erodes all the kind of cultural taboos and inhibitions and values it comes into contact with.

If socialism gave more prosperity than capitalism does, I would still prefer capitalism - as it gives more freedom. Luckily, though, I do not have to face this dillema.

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

Our 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.

The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.

To paraphrase Karl Marx, the great Karl Marx, a specter is haunting the streets of Copenhagen...Capitalism is the specter, almost nobody wants to mention it...Socialism, the other specter Karl Marx spoke about, which walks here too, rather it is like a counter-specter. Socialism, this is the direction, this is the path to save the planet, I don't have the least doubt. Capitalism is the road to hell, to the destruction of the world.

For reforms ameliorate the situation of the working class, they lighten the weight of the chains labour is burdened with by capitalism, but they are not sufficient to crush capitalism and to emancipate the workers from their tyranny.

Sooner or later we will reach a point where communitarian socialism turns global because capitalism is not even the solution to capitalism itself.

Militarism. . . is the chief bulwark of capitalism. When it is that militarism is undermined, capitalism will fail.

To be sure, the use of force by one party in a market transaction in order to improve his price was no invention of capitalism. Unequal exchange is an ancient practice. What was remarkable about capitalism as a historical system was the way in which this unequal exchange could be hidden; indeed, hidden so well that it is only after five hundred years of the operation of this mechanism that even the avowed opponents of the system have begun to unveil it systematically.

For it is no railways, roads, and power stations that give rise to industrial capitalism: it is the emergence of industrial capitalism that leads to the building of railways, to the construction of roads, and to the establishment of power stations.

For 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.

The paradigm of competition is a race: by rewarding the winner, we encourage everyone to run faster. When capitalism really works this way, it does a good job; but its defenders are wrong in assuming it always works this way.

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.

We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and 'natural' character of the most monstrous inequalities.

Sonic the hedgehog is a beautiful statement on capitalism. You spend your whole life collecting yellow rings and then hit one spike and lose them all. And there is a fat man who wants to kill you.

When we truly discover love, capitalism will not be possible and Marxism will not be necessary.

Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the marketplace, thus demanding that men survive by means of virtue, not vices. It is this superlatively moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats, and the chronic goad of fear.

The 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.

It 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.

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?

I 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

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.

If 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.

I am convinced that the path to a new, better and possible world is not capitalism, the path is socialism.

Doing well is the result of doing good. That's what capitalism is all about.

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.

I think capitalism will survive, because no attractive alternatives exist now

The challenge of our generation, whether it's young lawyers, young investment bankers, is to make capitalism work for people not just around the corner, but for people all around the world.

The greatest historical events in the twentieth century - in fact, in all of human history - have been the overthrow of capitalism and establishment of societies run by and for the working class in the two great communist revolutions in Russia and China.

Anarchists 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.

Fascism is capitalism in decay.

The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.

The great challenge of the twentieth century ... is to create a new financial architecture in which private decisions produce a less degenerate capitalism.

In Cuba we had the most ferocious form of capitalism for 60 years. It dominated every sphere of life.

Democracy is impossible in a capitalist system. Capitalism is the realm of injustice and a tyranny of the richest against the poorest.

The fight against capitalism has many aspects, particularly the distinctive economic models that concentrate the capital in few hands.

Capitalism, though it may not always give the scientific worker a living wage, will always protect him, as being one of the geese which produce golden eggs for its table.

The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process

Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.

New York is not the centre for American culture and art that it once was because of the forces of conservatism. Giuliani, capitalism - and then there was 9/11. I really believe that if I leave, it will suffer! Maybe that's why I love it here, because I feel wanted.

It has taken me a long time to realize where I most disagree with Marx. His assessment of capitalism is far too favorable. He took its instability, inhumanity and irrationality to be signs that it was a merely transitional form, which had delivered into humanity's hands the means to a much better way of life than any that have ever existed on earth. Marx could not bring himself to believe that our species is so benighted, irrational and slavish that it would put up with such a monstrous way of life.

If you like capitalism, you will positively love depressions, because they are one and the same, like manic-depressives and their cycles, like spouse-abusers and their storms of violence.