Quotes About Capitalism

I think there's a real tension between capitalism and morality. That's not to say these systems aren't powerful and useful, but to assume that capitalism can somehow assure moral behavior or character, that's just a pipe dream.

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.

Capitalism and the thirst for profit without limits of the capitalist system are destroying the planet...Climate change has placed all humankind before a great choice: to continue in the ways of capitalism and death, or to start down the path of harmony with nature and respect for life.

Capitalism is chronically unstable.Boom and bust has always marked capitalism in the United States. There were panics in 1785, 1791, 1819, 1857, 1869, 1873, 1907, 1929 and 1987.In economies and politics, as in war, an astonishing number of people die, like the man on the railway crossing, defending their right of way. This is a poorly developed instinct in Switzerland. No country so firmly avows the principles of private enterprise but in few have the practical concessions to socialism been more numerous and varied.

Capitalism’s real “grave-diggers” 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.

But democracy is by no means a limit one may not overstep; it is only one of the stages in the course of development from feudalism to capitalism, and from capitalism to Communism.

It was only in the late nineteenth century and then the twentieth century, with the maturation of consumer capitalism, that a shift was made toward the cultivation of unbounded desire. We must appreciate this to realize that late modern consumption, consumption as we now know it, is not fundamentally about materialism or the consumption of physical goods. Affluence and consumer-oriented capitalism have moved us well beyond the undeniable efficiencies and benefits of refrigeration and indoor plumbing.

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.

We're supposed to live under capitalism, and capitalism is supposed to be competitive so you would expect that capitalists and entrepreneurs would like competition. Well, it turns out that capitalists do everything they can to avoid competition.

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

The European Union is effectively a union dominated by the German political and economic elite. Its main function is to serve as a nucleus for financial capitalism and to ease the road for that capitalism. The other functions just irritate everyone: it's undemocratic; decisions are not made by parliament; the European Parliament is not sovereign.

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

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.

Rarely has a collection of essays from a dozen scholars created a whole greater than the sum of its parts, but Capitalism Takes Command conveys with detail, coherence, and sophistication the changes in the American economy in the nineteenth century under the multiple imperatives of capitalism.

When I think about capitalism, I think about all the small businesses that were started because we have the opportunity and the freedom in America for people to do that and to make a good living for themselves and their families. And I don't think we should confuse what we have to do every so often in America, which is save capitalism from itself.

The left hates capitalism, not because of freedom and liberty - although they do. But the primary they hate capitalism is that it is the most efficient engine to create wealth for the greatest number of people in a society that has ever been devised. Nobody's ever claimed it's perfect. Nobody's ever said it's flawless. But it's better than anything else out there, particularly anything left has to offer.

The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.

Capitalism has created the highest standard of living ever known on earth. The evidence is incontrovertible. The contrast between West and East Berlin is the latest demonstration, like a laboratory experiment for all to see. Yet those who are loudest in proclaiming their desire to eliminate poverty are loudest in denouncing capitalism. Man's well-being is not their goal.

Whoever criticizes capitalism, while approving immigration, whose working class is its first victim, had better shut up. Whoever criticizes immigration, while remaining silent about capitalism, should do the same.

What breaks capitalism, all that will ever break capitalism, is capitalists. The faster they run the more strain on their heart.

As far as Marx's analysis of capitalism, there's a lot of very useful ideas in it, but he's developing an abstract model of 19th century capitalism. It's abstract and it's changed.

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.

Capitalism will continue to eliminate mass poverty in more and more places and to an increasingly marked extent if it is merely permitted to do so.

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.

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.

Most of America's leading entrepreneurs are bound to the masts of their fortunes. They are allowed to keep their wealth only as long as they invest it in others. In a real sense, they can keep only what they give away. It has been given to others in the form of investments. It is embodied in a vast web of enterprises that retains its worth only through constant work and sacrifice. Capitalism is a system that begins not with taking but with giving to others.

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.

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.

The 21st century will not be about the battle between capitalism and socialism but between the forces of progress and the forces of conservatism.

It's not difficult in South Africa for the ordinary person to see the link between capitalism and racist exploitation, and when one sees the link one immediately thinks in terms of a socialist alternative.

The capitalism we are in now is already coming to an end

Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.

We 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.

Human society cannot basically stop the destruction of the environment under capitalism. Socialism is the only structure that makes it possible.

The weeds of socialism are better than the crops of capitalism.

The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.

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.

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.

Now a great debate has been born. The thesis is Democratic Socialism. The antithesis is free-market capitalism. The Obama Democrats have posed the challenge. It is now up to the Republicans to pick it up and fight along these lines.

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

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.

Fascism is capitalism in decay.

...one of the most inventive forms of creative capitalism involves someone we all know very well. A few years ago, I was sitting in a bar here in Davos with Bono. Late at night, after a few drinks, he was on fire, talking about how we could get a percentage of each purchase from civic-minded companies to help change the world. He kept calling people, waking them up, and handing me the phone to show me the interest.

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

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.

Living under capitalism, I like learning to feel comfortable with activity that does not result in success — since non-success is the norm. Trying your best and making it is not the norm — it’s propaganda. Of course I play with notions of hype, too... The entire Comatonse website is a sarcastic hype-engine, sprawling forever, overwhelming the viewer with nothingness.

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, as practiced, is a financially profitable, non-sustainable aberration in human development.