Quotes About Capitalism

I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.

At the turn of the [21st] century it was really Sergey Brin at Google who just had the thought of, well, if we give away all the information services, but we make money from advertising, we can make information free and still have capitalism. But the problem with that is it reneges on the social contract where people still participate in the formal economy. And it's a kind of capitalism that's totally self-defeating because it's so narrow. It's a winner-take-all capitalism that's not sustaining.

Every time I say the word capitalism, everyone just assumes I have plenty of Marxism in me, I do. But Russia and China had their bloody revolutions and even while they were Communist, they had the same idea about generating wealth - tear it out of the bowels of the earth. And now they have come out with the same idea in the end... you know, capitalism. But capitalism will fail, too.

Capitalism is like this fractal thing where anything that contains an element of capitalism anywhere inside it is just something that turns into capitalism. It is an incredibly defeatist attitude. If you choose to look at reality that way, I suppose you can, but you have to do enormous violence to reality to do so consistently.

I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.

We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to shareholders, but also to employees, consumers, suppliers, and communities. Some call it "stakeholder capitalism."

I think historically modern economics, capitalist economics, tends to erode moral categories... And this is where I think the right gets capitalism wrong. They kind of assume that there is a moral equivalence or moral valence to capitalism, but I tend to think that economics erodes all the kind of cultural taboos and inhibitions and values it comes into contact with.

Everybody wasn't always wasted. Why is punk rock about getting wasted? Isn't it punk rock to be sober and change the world? I thought it was about challenging capitalism? How are you going to challenge capitalism if you're wasted?

If we don't accept loneliness, then capitalism wins hands down. Because capitalism is all about trying to convince people that you can distract yourself, that you can make it better. And it ain't true.

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.

Capitalism is supposedly free enterprise. Supposedly about the free individual. But capitalism itself is so massive that the guy on the street gets caught in paying rent, taxes, and he doesn't own himself at all.

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.

The principal impact of foreign enterprise on the development of the underdeveloped countries lies in hardening and strengthening the sway of merchant capitalism, in slowing down and indeed preventing its transformation into industrial 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.

Capitalism has its weaknesses. But it is capitalism that ended the stranglehold of the hereditary aristocracies, raised the standard of living for most of the world and enabled the emancipation of women.

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

Thus I came to condemn capitalism, not through any oppression endured by me personally, but through that very deification of efficiency which capitalism had taught me, for its own purposes.

Capitalism is a development by refinement from feudalism, just as feudalism is development by refinement from slavery . Capitalism is but the gentlemen's method of slavery.

But suppose, for the sake of argument, free competition, without any sort of monopoly, would develop capitalism trade more rapidly. Is it not a fact that the more rapidly trade and capitalism develop, the greater is the concentration of production and capital which gives rise to monopoly?

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.

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

The ultimate joke was the idea that capitalism would eat its own feces in order to make money, that would make fun of itself if capitalism thought there was a buck in it.

If capitalism is fair then unionism must be. If men and women have a right to capitalize their ideas and the resources of their country, then that implies the right of men and women to capitalize their labor.

Now for good or ill, California is the place where trends tend to be set in Western civilization - if civilization indeed it is. California, for several generations now, has been the newest, biggest, most experimental place in the newest, biggest, most experimental part of liberal Western capitalism - which is itself a new experiment for mankind.

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.

It 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.

I do fear that global capitalism is making us more like each other in regrettable ways, e.g., more people are increasingly captivated by spectacles of violence and aggression or of conspicuous consumption that are the subjects of the most commercially viable films across countries precisely because they don't depend for their appeal on cultural fine points; and more people are prone to deal with others on a purely instrumental and impersonal basis.

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.

Capitalism, communism ... it's all garbage.

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.

Capitalism does what it does and money doesn't belong to anybody. It just stays in someone's wallet for a while, then it goes somewhere else. It always goes somewhere and it is always about to go somewhere.

There are some things in the world we can't change- gravity, entropy, the speed of light, and our biological nature that requires clean air, clean water, clean soil, clean energy and biodiversity for our health and well-being. Protecting the biosphere should be our highest priority or else we sicken and die. Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them. It makes no sense to elevate economics above the biosphere.

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.

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.

Racism is very characteristic of imperialism and capitalism. Hate against me has a lot to do with racism. Because of my big mouth and curly hair. And I'm so proud to have this mouth and this hair, because it is African.

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

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.

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 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.

We spend more time with our coworkers than we do with our loved ones, and yet we don't have that many novels on the subject. We have far more novels about families bickering at Thanksgiving and not enough about the day before Thanksgiving at the office. If we lived in, say, Romania, maybe a workplace job might not be as important to the cultural discussion. But we live in America, where work is crucially important and capitalism drives everything we do.

We who work in technology have nurtured an especially rare gift: the opportunity to effect change at an unprecedented scale and rate. Technology, community, and capitalism combine to make Silicon Valley the potential epicenter of vast positive change.

Unrestricted laissez faire capitalism allocates resources in a most efficient way to satisfy human wants without regard to the rationality or morality of those desires.

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.

Throughout their lives, women try to pummel their bodies into some phantom ideal shape that exists only with a lot of airbrushing. ... I don't blame men for this. Men seem to go for us no matter what size and shape we are. I blame capitalism. No, really. The consumer must constantly be in a state of anxious low self-esteem so that she will constantly buy lipsticks and girdles to make her feel cuter.

In Cuba we had the most ferocious form of capitalism for 60 years. It dominated every sphere of life.