Quotes About Capitalism

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.

All existing art was religious until perhaps a hundred years ago. Within that there's obviously been lots of room for manipulation. I think that's because our current religion is capitalism. Capitalism has the functions of patronage, commissions, control of content, bestowing of space, elevation of certain artists over others based on how much they pander to people in power, the determination of value of the work, all of it. Capitalism commissions artwork now, the market.

Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.

Capitalism is not a human being. Capitalism is a Moloch, a god, a god of bloody sacrifice that sees human beings as ants

Democratic capitalism: A cooperative enterprise to earn enough money to buy enough Congressional influence to gain control over the government's guns so as to get even more money for your special-interest group.Social democratic capitalism: A cooperative enterprise to promise sufficient government benefits to enough voters to gain control over the government's guns so as to keep any other special-interest group from getting as much power as yours.

I think if we don't overthrow capitalism, we don't have a chance of saving the world ecologically. I think it is possible to have an ecologically sound society under socialism. I don't think it is possible under capitalism.

The most eloquent eulogy of capitalism was made by its greatest enemy. Marx is only anti-capitalist in so far as capitalism is out of date.

Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.

If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.

Marx is thought of as an implacable foe of capitalism. But go back and read the first section of the Communist Manifesto. Notice how it contains a paean of praise for the way capitalism and the bourgeoisie have both enriched the human powers of production and also enabled us to see with clear vision the nature of human society and human history.

Capitalism should not be condemned, since we haven't had capitalism.

Natural capitalism is not about making sudden changes, uprooting institutions, or fomenting upheaval for a new social order. Natural capitalism is about making small, critical choices that can tip economic and social factors in positive ways.

A person without an Apple watch is perfectly content with his present watch but when he sees his friends buying the watch, he will hanker for an Apple watch. The endless cycle of wanting, getting, and wanting again is part of the plot of Capitalism. It is the way Capitalism creates jobs. The only antidote is Buddhism that holds that people might be happier by renouncing desire rather than by striving to satisfy desire. But then how can the economy create enough jobs in a Buddhist society of "less is more."

Technology and capitalism are very much linked. I think that capitalism probably works best in a technologically progressing society.

Capitalism is a system that's ultimately predicated on and depends on some form of inequality. Feminism has always intersected with capitalism in terms of women's labor and gendered divisions of labor.

The kind of capitalism we are seeing today under this expansion of property into living resources is a whole, new, different phase of capitalism. It is totally inconsistent with democracy as well as with sustainability. What we have is capital working on a global scale, totally uprooted, with accountability nowhere, with responsibility nowhere, and with rights everywhere. This new capital, with absolute freedom and no accountability, is structurally anti-life, anti-freedom.

The fear of capitalism has compelled socialism to widen freedom, and the fear of socialism has compelled capitalism to increase equality. East is West and West is East, and soon the twain will meet.

Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.

After reading The Great Transformation by Karl Polanyi, I realized that capitalism did not naturally grow as [Karl] Marx would imply by his theory of historical materialism. People were dragged into capitalism screaming, shouting, and fighting all along the way, trying to resist this industrial and commercial world.

Truth 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.

Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.

The dream of capitalism is to co-opt people with higher living standards without redistributing any wealth. Without co-optation, widespread repression is the only guarantor of gross inequality.

To have good farming or good land use of any kind, you have got to have limits. Capitalism doesn't acknowledge limits.

If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the "bourgeois" under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.

The Communist Party is very popular in South Africa, especially among the young people. Never having had a chance to travel, and having suffered so much under capitalism, they still can't believe that the Russian people themselves have rejected it.

What we are seeing in cities such as Chicago, Athens and other dead zones of capitalism throughout the world is the beginning of a long struggle for the institutions, values and infrastructures that make critical education and community the center of a robust, radical democracy. This is a challenge for young people and all those invested in the promise of a democracy that extends not only the meaning of politics, but also a commitment to economic justice and democratic social change.

If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a 'failure of swimming.' So, when markets have been weighted down by inept and excessive regulation, why call this a 'failure of capitalism'?

The 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.

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.

Capitalism with near-full employment was an impressive spectacle. But a growth in wealth is not at all the same thing as reducing poverty. A universal paean was raised in praise of growth. Growth was going to solve all problems. No need to bother about poverty. Growth will lift up the bottom and poverty will disappear without any need to pay attention to it. The economists, who should have known better, fell in with the same cry.

It (the Chinese move to embrace capitalism in 1989) is a mirror of the corporatist state first pioneered in Chile under Pinochet: a revolving door between corporate and political elites who combine their power to eliminate workers as an organized political force. The creation of today's market society was not the result of a sequence of spontaneous events but rather of state interference and violence.

Creative capitalism takes this interest in the fortunes of others and ties it to our interest in our own fortunes in ways that help advance both. This hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reached by self-interest or caring alone.

If there is one thing all Fascists and National Socialists agreed on, it was their hostility to capitalism.

[C]apitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.

Bring 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.

Freud also said we choose our own neuroses. Capitalism is the neurosis of humanity.

In America it is the so-called capitalist who is to blame for the fulfillment of Marx's prophecies. Beguiled by the state's siren song of special privilege, the capitalists have abandoned capitalism.

Capitalism is always evaluated against dreams. Utopia is a dream. It doesn't exist.

What I have learned about corporate capitalism, roughly, is that it is an act of theft, by and large, through which a very few live very high off the work, invention, and creativity of very many others. It is the Grand Larceny of our particular time in history, the Grand Larceny in which a future of freedom which could have followed the collapse of feudalism was stolen from under our noses by a new bunch of bosses doing the same old things

Venezuela, Bolivia and Ecuador lived through times of cruel and ruthless capitalism where the workers, the masses of the population, saw themselves living in a precarious state of employment and subsistence conditions. The impact of this reality took hold and impacted the evolution of the social situation of those countries and even though that produced movements that were not exactly political movements but social movements.

One of the greatest gains of capitalism is that even the proletarian slave feels like a master. He believes he has the power to change his life. We are propelled by the ideology of the self-made man: we work more, we consume more and in the end we consume ourselves. The consequences are burnout, bulimia and other lifestyle diseases.

Technological change can become 'fetishized' as a 'thing in itself', as an exogenous guiding force in the history of capitalism.

Hermeneutics 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'.

It is probably true that business corrupts everything it touches. It corrupts politics, sports, literature, art, labor unions and so on. But business also corrupts and undermines monolithic totalitarianism. Capitalism is at its liberating best in a noncapitalist environment.

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.

America traditionally represents the greatest possibility of someone's going from nothing to something. Why? In theory, if not practice, the government stays out of the way and lets individuals take risks and reap rewards or accept the consequences of failure. We call this capitalism - or, at least, we used to.

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.