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Capitalism Quotes

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Capitalism Quotes

“Well the protester I think is a very powerful thing. It's basically a mechanism of democracy that, along with capitalism, scientific innovation, those things have built the modern world. And it's wonderful that the new tools have empowered that protestor so that state secrets, bad developments are not hidden anymore.”

“Now, you might say – “But why should we pay people for doing what they’re supposed to do?” It’s a fair question – but think of it this way: Every other anti-poverty program that’s been tried has failed to get the national poverty rate below 11 percent... Why shouldn’t we experiment with a program built around the one strategy that has proven time and again to work wonders – capitalism?”

“Most of Marx's predictions have failed to materialize, and his labor theory of value and other ideas have been proven wrong. Marx failed to recognize the incentive system built into the capitalist model - consumer choice and the profit motive of the entrepreneur. The irony is that capitalism, not socialism or Marxism, that has liberated the worker from the chains of poverty, monopoly, war, and oppression, and has better achieved Marx's vision of a millennium of hope, peace, abundance, leisure, and aesthetic expression for the 'full' human being.”

“I worked very hard to try and figure out what I thought and I believed that we were going to succeed and that revolutions would happen globally and we would be a part of that and we would have then not capitalism. We would have values based on human lives, not profit. We would actually transform the kinds of ways people built love and built community. It was a very shocking thing to me, out of the end of the 70s and the beginning of the 80s, to realize that that dream - while I still believed in it - was not going to happen in the way that I had hoped.”

“We are the United States of America. And it's our job to rein in the excesses of capitalism so that it doesn't run amok and doesn't cause the kind of inequities we're seeing in our economic system. But we would be making a grave mistake to turn our backs on what built the greatest middle class in the history.”

“We 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.”