Popular quotes about Capitalism! Wisdom and inspiration are here! | page 98
I don't know much about Capitalism, but I do know about Democracy and freedom, and if Capitalism may change in many, many ways, I'm not really very much interested in Capitalism.
Eleanor RooseveltDespite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.
Walter E. WilliamsI was guilty of judging capitalism by its operations and socialism by its hopes and aspirations; capitalism by its works and socialism by its literature.
Sidney HookLess than seventy-five years after it officially began, the contest between capitalism and socialism is over: capitalism has won.
Robert HeilbronerWe have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad.
Martin Luther King, Jr.Just as the power of the feudal aristocracy had to be broken in order for capitalism to emerge fully, so must imperialism and capitalism in Third World nations be overcome if a new system is to prevail.
Michael ParentiThe 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. SheenThe 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 Marx is only anti-capitalist in so far as capitalism is out of date.
Albert CamusAll the talk about the so-called unspeakable horror of early capitalism can be refuted by a single statistic: precisely in these years in which British capitalism developed, precisely in the age called the Industrial Revolution in England, in the years from 1760 to 1830, precisely in those years the population of England doubled.
Ludwig von MisesOur capitalistic scheme in the latter years of the 20th century seems to have lost its way. We've had a "pathalogical change" from traditional owners capitalism where most of the rewards have gone to those who make the investments and assume the risks to a new and deeply flawed system of managers capitalism where the managers of our corporations our investment system, and our mutual funds are simply take too large a share of the returns generated by our corporations and mutual funds leaving the last line investors - pension beneficiaries and mutual fund owners at the bottom of the food chain.
John C. BogleTo paraphrase Karl Marx, the great Karl Marx, a specter is haunting the streets of Copenhagen...Capitalism is the specter, almost nobody wants to mention it...Socialism, the other specter Karl Marx spoke about, which walks here too, rather it is like a counter-specter. Socialism, this is the direction, this is the path to save the planet, I don't have the least doubt. Capitalism is the road to hell, to the destruction of the world.
Hugo ChavezThe 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.
Tariq AliCommunism, like any other revealed religion, is largely made up of prophecies. When they fail to come off its clergy simply say that they will be realized later on. Thus, if we have another boom, they will argue that the collapse of capitalism is only postponed. The fact that the greatest booms ever heard of followed Marx's formal prophecy of the downfall of capitalism is already forgotten, just as millions have long since forgotten the early Christian prophecy that the end of the world was at hand. The first Christians accepted postponements as docilely as the Communists of today.
H. L. MenckenIf you want to save capitalism there is only one type of argument that you should adopt, the only one that has ever won in any moral issue: the argument from self-esteem. Check your premises, convince yourself of the rightness of your cause, then fight for capitalism with full, moral certainty.
Ayn RandIn the last analysis, terrorism is an idea generated by capitalism to justify better defense measures to safeguard capitalism.
Rainer Werner FassbinderSome critics accuse capitalism of being a selfish system, but the selfishness is not in capitalism - it is in human nature.
Dinesh D'SouzaAnyone who studies the energy predicament understands its connection with the operations of capital - and by this I do not mean capitalism as an ideology, I mean the behavior of acquired wealth and its deployment for productive purpose. (A lot of educated idiots don't understand this, and we waste a lot of time blathering about capitalism.)
James Howard KunstlerBut while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism.
Yaron BrookSocial Democracy preached against capitalism for half a century. After the November revolution the Reds had the opportunity to direct capitalism into the proper paths: but nothing happened!
Julius StreicherCapitalism rules worldwide, and a society whose economic fabric depends on constant growth requires that its citizens have ever-expanding needs and wants... In the West, it will take one with soul force equal to Gandhi's to change the prevailing dogma of ever increasing GNP. We may be forced to change our profligate ways some day, when the soil is depleted, the aquifers drained, the icecaps melted, and all the oil wells pumped dry. But the crisis will wait another fifty years or so; we'll leave those problems to a generation yet unborn.
Philip YanceyThe companies only developed if the state did not intervene in the French fashion. If on the contrary a certain degree of economic freedom was the rule, capitalism moved in firmly and adapted itself to all administrative quirks and difficulties
Fernand BraudelAs a businessman, Donald Trump has been associated with some of the worst excesses of a particular style of value-extracting and asset stripping capitalism: set up businesses, let them fail, avoid paying suppliers, use bankruptcy laws to avoid taxes for decades, then set up another business somewhere else. It is this model that is the cause of many problems we see today.
Mariana MazzucatoIf all money capital invests in appropriation and none in actual production, then capitalism is not long for this world.
David HarveyCapitalism now seems more likely a swamp, a bog, a quicksand in which humanity is presently flailing about, unable to extricate itself, perhaps doomed to perish within a few generations from the long term effects of the technology which seemed to Marx its greatest gift to humanity.
Allen W. WoodIs it logical to ask how far away are we from the pope explaining that abortion can be justified, "in certain circumstances, in certain regions," and if it might be related to the evils of American capitalism and our immigration policy?
Rush LimbaughCreative 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.
Bill GatesLiberty and morality had to win their way slowly over many centuries, until finally expanding liberty made possible the great technological advance of the Industrial Revolution and the flowering of modern capitalism.
Murray RothbardIf the Russians claim they are Socialist, this is just, I would say, a lie. They have no socialism at all. They have what I would call a state capitalism.
Erich FrommIt is certain that many intellectuals envy the higher income of prosperous businessmen and that these feelings drive them toward socialism. They believe that the authorities of a socialist commonwealth would pay them higher salaries than those that they earn under capitalism.
Ludwig von MisesWe 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 GatesVenezuela, 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.
Alejandro Castro EspinThe main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.
Winston ChurchillI think we had quite enough capitalism in the last eight years; I think we need some regulation now.
Howard DeanIt is the basic, metaphysical fact of man's nature -- the connection between his survival and his use of reason -- that capitalism recognizes and protects.
Ayn RandWe are paying a heavy political price for 20 years in which, as a party, we have played down our criticism of capitalism and soft-peddled our advocacy of socialism
Tony BennA triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.
Ellen WillisThis is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.
Tariq AliUnbridled 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 still believe that workers must be the basic force which must organize and eventually transform society (along with peasants in poor countries). This is because they are the source of the profits which make capitalism what it is. They can shut the system down, and at the same time they possess the unique knowledge needed to make it work in everyone's interests.
Michael YatesI am an ardent supporter of capitalism - but I also understand that while individuals have inalienable, God-given rights, corporations do not.
Gary HamelWe must pay close attention to those with another imagination: an imagination outside of capitalism, as well as communism. We will soon have to admit that those people, like the millions of indigenous people fighting to prevent the takeover of their lands and the destruction of their environment - the people who still know the secrets of sustainable living - are not relics of the past, but the guides to our future.
Arundhati RoyI talked a lot early on in my career about intersectionality and how racism and classism and sexism and homophobia and capitalism are all connected with each other, and they're these crazy systems that are feeding on each other and are also damaging. I can't even go into the whole spectrum of it. But I feel like kids today are so much more savvy about that conversation. And I'm so thrilled when I get to meet younger people who are doing that so much better than I did.
Kathleen Hanna