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.

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.

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.

One of the popular views in the liberal circles of the West is that we are actually 'all victims of capitalism'. I disagree. This savage global capitalism is only one of the most terrible bi-products of the dominant Western culture of racism, greed, brutality and unbridled desire to control the world.

We have two evils to fight, capitalism and racism. We must destroy both racism and capitalism.

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 only thing worse than being exploited by capitalism is not being exploited by capitalism.

In a system of capitalism, as people's wealth rises, the financial incentive to serve them rises. As their wealth falls, the financial incentive to serve them falls, until it becomes zero. We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well.

We affirm that the true story of capitalism is now beginning, because capitalism is not a system of oppression only, but is also a selection of values, a coordination of hierarchies, a more amply developed sense of individual responsibility.

Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes.

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

It seems that neither the Keynesian nor the Marxian prognosis of the future of capitalism is being fulfilled and we are left without any particular theory as to what will happen next.

The 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.

Basically, global capitalism, basically to support it, or is it to be opposed? Is international order to be supported, or is it to be opposed? Republicans have taken a very clear line.

Experimentation has been the key factor in the success of Western capitalism

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.

The pope once again ripped - I mean, really ripped - capitalism and Americans' immigration policy at the Mexican border, before he boarded the plane and returned to Italy.

Under 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.

I regard it as very unfair, but capitalism without failure is like religion without hell.

Frankly, the conservatives need to be better conservatives. Real conservatives actually respect our Constitution and would stand up to an authoritarian. Real conservatives believe in clean, limited government and would stand up to anybody who is basically setting up a kleptocracy, nepotism, and crony capitalism. And real conservatives are actually strong for America and not weak for Russia.

Forget socialism, capitalism, just-in-time deliveries, salary surveys, and the rest ... concentrate on building organizations that accomplish that most difficult of all challenges: to make people look forward to coming to work in the morning.

For in order for capitalism to work -- in order for it to produce a good and a stable society -- the traditional Christian virtues are essential.

In 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.

We had one or another form of state capitalism during an extremely brief period of human history, which tells us essentially nothing about human nature. If you look at human societies and human interactions, you can find anything. You find selfishness, you find altruism, you find sympathy.

It is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.

The 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.

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

I 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.

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.

You know capitalism is this wonderful thing that motivates people, it causes wonderful inventions to be done. But in this area of diseases of the world at large, it's really let us down.

What 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.

The inborn instability of capitalism has been part of the history of the system for several hundred years.

Marx saw that capitalism is a wasteful, irrational system, a system which controls us when we should be controlling it. That insight is still valid; but we can now see that the construction of a free and equal society is a more difficult task than Marx realized.

Capitalism is an organized system to guarantee that greed becomes the primary force of our economic system and allows the few at the top to get very wealthy and has the rest of us riding around thinking we can be that way, too - if we just work hard enough, sell enough Tupperware and Amway products, we can get a pink Cadillac.

The evil of predatory global capitalism and empire has spawned the evil of terrorism

Capitalism demands the best of every man - his rationality - and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him.

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.

Critics of consumer capitalism like to think that consumers are manipulated and controlled by those who seek to sell them things, but for the most part it's the other way around: companies must make what consumers want and deliver it at the lowest possible price.

Socialism lays an bad egg by killing the capitalism that lays the golden eggs

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.

Capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed.

This 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.

Capitalism is the greatest poverty-fighting machine in the history of mankind, and I'm proud of the role I've played in it.

I think you hear, at least as an undertone, and it's going to grow louder, is that we believe that capitalism is the mantra of the day and anything that creeps towards socialism is a problem.

Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

We must bear in mind that imperialism is a world system, the last stage of capitalism-and it must be defeated in a world confrontation. The strategic end of this struggle should be the destruction of imperialism. Our share, the responsibility of the exploited and underdeveloped of the world, is to eliminate the foundations of imperialism: our oppressed nations, from where they extract capital, raw materials, technicians, and cheap labor, and to which they export new capital-instruments of domination-arms and all kinds of articles, thus submerging us in an absolute dependence.

I wish we questioned the aid model as much as we are questioning the capitalism model. Sometimes the most generous thing you can do is just say no.

There is a cultural norm on the left of being afraid to declare victory, which is related to the binary of reform/revolution. Whereas reformists are winning small gains, revolutionaries don't want people to be satisfied with those small victories because they worry this will lead to acceptance of the bigger picture of capitalism domination, and so they find a way to turn every victory into a defeat. In the book, I call for a culture of declaring victory wherever we can.