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It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
Jeremy RifkinCapitalism has been fully restored in Yugoslavia, as is well-known, but this capitalism knows how to disguise. Yugoslavia portrays itself as a socialist state, but of a special kind, as the world has never seen it before! The Titoites even boast that their state has nothing in common with the first socialist state which emerged from the socialist October Revolution and which was founded by Lenin and Stalin on the basis of the scientific theory of Marx and Engels.
Enver HoxhaHere's what I do believe very strongly: that once capitalism comes into existence, once it creates this mythology of a stingy nature, then that myth has to be exorcised. In other words, we have to get out of people's heads the idea that without a market economy, without egotism, competition, rivalry and self-interest, without all the technological advances that [Karl] Marx imputed to capitalism, we have to eliminate the feeling that we would sink into some kind of barbarism.
Murray BookchinCapitalism designates an economic system significantly characterized by the predominance of "capital." Capitalism and double entry bookkeeping are absolutely indissociable; their relationship to each other is that of form to content.
Werner SombartThe 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. SheenCapitalismโs real โgrave-diggersโ may end up being its own delusional Cardinals, who have turned ideology into faith. Despite their strategic brilliance, they seem to have trouble grasping a simple fact: Capitalism is destroying the planet. The two old tricks that dug it out of past crises-War and Shopping-simply will not work.
Arundhati RoyUnderstanding capitalism is in some ways simple. At its best, capitalism rewards creators, makers and providers: the people and firms that create valuable things for others, like imaginative technologies and good food, cars and drugs.
Geoff MulganIn the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.
Fran LebowitzI used to be a businessman and I enjoyed what I did and I thought that it was socially useful. I don't have anything against business or private enterprise or capitalism per se, but I think that it is time to rethink the regulation of capitalism.
Charles FergusonIn 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.
Bill GatesA 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."
Philip KotlerThe sin of capitalism, perhaps, is to make wants feel like needs, to give to simple silly stuff the urgency of near-physical necessity: I must have it. The grace of capitalism is to make wants feel like hopes, so that material objects and stuff can feel like the possibility of something heroic and civic.
Adam GopnikJust as feudalism was an advance over slavery, and capitalism was the next step after feudalism, socialism is the next step after capitalism...........Socialism in America will come through the ballot box.
Gus HallCapitalism is the fullest expression of anarchism and anarchism is the fullest expression of capitalism.
Murray RothbardAnybody who knows about capitalism knows that bankruptcy is an essential part of capitalism.
Joseph StiglitzIt is, let me say, at the very least by no means self-evident that there is more liberty, equality, and fraternity in the world today than there was one thousand years ago. One might arguably suggest that the opposite is true. I seek to paint no idyll of the worlds before historical capitalism. They were worlds of little liberty, little equality, and little fraternity. The only question is whether historical capitalism represented progress in these regards, or regression.
Immanuel WallersteinWhen you say 'state' you mean 'national.' National Socialism. That is what Mussolini and Hitler did. National Socialism. State Capitalism. They've changed the name.
BeckFailure 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.
Thomas SowellNinety-nine per cent of what we say is about values. I firmly believe that ethical capitalism is the best way of changing society for the better.
Anita RoddickIt 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.
Christopher LaschWe 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 MoyersIn a time in which Communist regimes have been rightfully discredited and yet alternatives to neoliberal capitalist societies are unwisely dismissed, I defend the fundamental claim of Marxist theory: there must be countervailing forces that defend people's needs against the brutality of profit driven capitalism.
Cornel WestIn 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.
Frank ChodorovWe can make market forces work better for the poor if we can develop a more creative capitalism-if we can stretch the reach of market forces so that more people can make a profit, or at least make a living, serving people who are suffering from the worst inequities. ... You have more than we had; you must start sooner, and carry on longer.
Bill GatesSociety 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 ChavezI think we had quite enough capitalism in the last eight years; I think we need some regulation now.
Howard DeanI can fight for something in the name of democratization, although I don't use that word a lot anymore. Come on, man. I hate democratic capitalism.
Cody WilsonEconomics as a discipline has in effect become the study of capitalism. The two are taken as the same subject.
John LanchesterThe essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.
Michael ParentiIt is largely dissynchronous timing standards that have kept human beings off-balance and alienated from the natural cycles of the Earth they inhabit. The worst culprit is the Gregorian calendar, and by extension the "12:60 frequency" that it fosters - together these have become, in essence, the inescapable time clock of globalist capitalism.
Jose ArguellesUnbridled capitalism in the United States can't be sustained socially. It leads to tensions.
Kenneth RogoffThe 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.
Grover FurrYou 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 LimbaughI 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 RichterThe 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.
Tony BennHe should release the tax returns tomorrow. It's crazy. You've got to release six, eight, ten years back tax returns. Take the hit for a day or two. He has to give a big speech in defense of capitalism, and that will elevate, I think, this race above this tactical back and forth, which I do think he's on the margin of losing.
William KristolViewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other
Milton FriedmanCapitalism 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.
Ayn Rand