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Capitalism Quotes

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Capitalism Quotes

“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.”

“There is a tendency under capitalism system to reduce everything to a kind of commodity fetish, and this order tends to promote extremely conventional and uniform expressions of gender and sexuality in order to promote certain products and lifestyle choices that are commercialized. This necessarily entails a capitulation to heteronormativity, or in the case of the new gay movement, a "homonormativity" that doesn't stray far from the heterosexual paradigm. Anyone who questions these normative values and conventions is subject to disapproval, hostility, or even violence.”

“The idea that the profits of capital are really the rewards of a just society for the foresight and thrift of those who sacrificed the immediate pleasures of spending in order that society might have productive capital, had a certain validity in the early days of capitalism, when productive enterprise was frequently initiated through capital saved out of modest incomes.”

“It 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.”

“Smith could not be expected to have anticipated the horrors that were to come. But even in his own time, he was a defender of certain state actions that he thought necessary in order to safeguard the good effects of commercial society (Smith did not speak of 'capitalism' and was acquainted only with an early undeveloped form of it). Among these state actions the chief was general public education.”

“It is true that one was not allowed at the time to really ask, what would lead people to do this, from what sense of political outrage or injury? And in that way, the possibility of sympathetic identification was foreclosed. That does not mean that some people took quiet pleasure in certain icons of US capitalism coming down, even though they would oppose such action on moral and political grounds.”

“In principle as a philosophy, a model of organising society, Communism has to be respected. As regards the use of certain methods to advance social justice and greater regulation by the state, there are certain methods that are useful. What we need is a new society, a new civilization and convergence of all that is best in both [Communism and Capitalism]”

“The 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”

“The reward of commercial civilization is the ability to consume a never-ending array of products.There are limits beyond which commodities cannot be multiplied without preventing their consumers from affirming themselves through the exercise of their personal freedom.When market dependence reaches a certain threshold it deprives people of their power to live creatively and to act autonomously. And precisely because this new impotence is so deeply experienced, it is expressed with difficulty.”

“Predatory capitalism created a complex industrial system and an advanced technology; it permitted a considerable extension of democratic practice and fostered certain liberal values, but within limits that are now being pressed and must be overcome. It is not a fit system for the mid-twentieth century.”