Quotes About Capitalism

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

Truth is found neither in Marxism nor in traditional capitalism. Each represents a partial truth. Historically capitalism failed to see the truth in collective enterprise, and Marxism failed to see the truth in individual enterprise. Nineteenth century capitalism failed to see that life is social and Marxism failed and still fails to see that life is individual and personal. The Kingdom of God is neither the thesis of individual enterprise nor the antithesis of collective enterprise, but a synthesis which reconciles the truths of both.

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Governments, existing primarily to protect and enhance capitalism, maintain their power through the use of technologies that control the populace - by bread or circuses, by war or schooling, by armies and police, all of which are enabled and empowered by technology. That is what we might call the stick part of capitalism, while the riches-for-the-few is the carrot.

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.

The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.

Understanding 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.

Capitalism proceeds through creative destruction. What is created is capitalism in a 'new and improved' form - and what is destroyed is self-sustaining capacity, livelihood and dignity of its innumerable and multiplied 'host organisms' into which all of us are drawn/seduced one way or another.

Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.

I 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.

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

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

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. Democrats can have a different version of the line, or they can just say, no, we are the party of international peace and activism, and we're the party that's going to have a civilized capitalism.

The moral spectacle of capitalism still offends, as does American capitalism's implacable insistence that the market determine value even in the political, intellectual, and artistic spheres.

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.

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

It is absurd for anyone to think that Soviet "Marxism" is a correct application of the thought of Karl Marx. No doubt Soviet propaganda represented it this way. But who believes Soviet propaganda? It is remarkable (but maybe not so remarkable after all, when you consider their motives) that apologists for capitalism, who would not accept Soviet propaganda on any other point, are eager to agree with it on this point.

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.

It's a terrible cruelty of predatory capitalism: both parents now have to work. A family has to have two incomes in order to buy the things that are desirable in our culture. So the degradation of motherhood - the sense that motherhood isn't itself a calling - also arises from economic pressure.

Yes, we're dreamers. We want it all. We want a peaceful world. We want an egalitarian world. We don't want war. We don't want capitalism. We want a decent society.

The 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.

Capitalism is at least tolerable, which cannot be said of Socialism or Communism

We 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.

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.

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

Capitalism 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.

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

This crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future.

Are there no American citizens sympathizing with whiteguard emigres who conduct propaganda in favor of capitalism, against the Soviets? Then what does the point involve? The point is not to assist these persons, not to finance their activities. The point is that officials of both countries should not interfere in the internal affairs of the other country.

That's what's happening now. The world is being held up a mirror: "All roads lead here. Do you like it?" A lot of people don't like it. A lot of people are saying, "Wait a minute, if our system can produce that, there's something wrong with this system." That opening is ours to seize. It matters how we name it: It's not called Donald Trump. It's called capitalism.

Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs".

Liberal capitalism is not at all the Good of humanity. Quite the contrary; it is the vehicle of savage, destructive nihilism.

Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.

You 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.

Viewed 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

Network marketing is really the greatest source of grass-roots capitalism, because it teaches people how to take a small bit of capital, that is your time, and build the American dream.

Democrats can have a different version of the line, or they can just say, no, we are the party of international peace and activism, and we're the party that's going to have a civilized capitalism.

Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist.

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.

When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.

Following the rise of the Labour Party it seemed reasonable, in 1927, to expect, or at least hope, that co-operation for the common good might gradually replace the competitiveness of capitalism.

Birth control appeals to the advanced radical because it is calculated to undermine the authority of the Christian churches. I look forward to seeing humanity free someday of the tryanny of Christianity no less than Capitalism.

Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.

We have to accept that capitalism is coming to an end. We can't provide paid employment for people, all the industries with technology are counter-intuitive to profit, and we have to have a transition to the conceptualist society. The only way to do it fairly is as a social democracy, a radical social democracy, which isn't compromised by neo-liberalism and isn't compromised by the rich, and isn't compromised by hegemonic, authoritarian interests: to have that balance between the government, the private sector, and then the individual citizens again.

A term like capitalism is incredibly slippery, because there's such a range of different kinds of market economies.

We must cultivate and defend particularity, individuality, and irregularity-life. Human beings do not have a future in the collectivism of bureaucratic states or in the mass society created by capitalism. Every system, by virtue as much of its abstract nature as of its pretension to totality, is the enemy of life. As a forgotten Spanish poet, José Moreno Villa, put it with melancholy wit: "I have discovered in symmetry the root of much iniquity."