“Communism, 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.” IfsWorldFirstsLongMadeEndsFactsHandsTodayChristianChristianityMillionsFailingHeardCapitalismForgottenArguingAcceptedCommunismCommunistCollapseFormalProphecyEnd Of The WorldDownfallClergyPostponement Book:Minority Report Source: Minority Report
“For nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.” WayTwoEndsEconomicCenturyEvolutionPoliticianCapitalismResourcesUltimateHistoricalDemocraticCriticsRewardsBest WayContradictionScholarCollapsePhasesSupporterHintsUnstableProminentEconomic Systems Author:Raghuram Rajan
“Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.” WorldShouldWealthPovertyMillionsEconomicStreetsWallCapitalismRelationCrisisRaisedCorruptionAround The WorldRecognitionCollapseRemedyPublic RelationsEconomic SystemsEconomic Collapse Author:Kathleen Parker
“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.” GovernmentGuyCausesClassMiddleSeriousBenefitsCapitalismPaidWideParadiseMiddle ClassCollapseSocialistUtopianBreachRestructure Author:Rush Limbaugh
“The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.” Would BeImagineEventsEasierCapitalismConsequenceRegimesCollapseMarketplaceUnimaginableContinuationTraumatic Events Book:Soros on Soros: Staying Ahead of the Curve Source: Soros on Soros: Staying Ahead of the Curve
“We seem to be in the midst of a process of cascading bifurcations that may last some 50 more years. We can be sure some new historical order will emerge. We cannot be sure what that order will be. Concretely, we may symbolize the first bifurcation as the effect of the world revolution of 1968 which continued up to and including the so-called collapse of the communisms in 1989, the social bifurcation.” WorldYearsFirstsMaySeemsLastsOrderSocialProcessEffectsRevolutionCapitalismHistoricalIncludingCommunismMidstCollapseBifurcation Author:Immanuel Wallerstein
“After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and - above all - its suicidal power. The belief is now that everything - and everyone - is fair game.” GamesBeliefSituationCapitalismFairsSocialismUnusualCollapseGreedySuicidalRivalsUnleashedFair Game Author:Gunter Grass
“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” CreativityParticularCapitalismInventionBunchCorporateNosesBossCollapseI Have LearnedStolenTheftOld ThingsFeudalismSame Old ThingLarceny Book:Dear America Source: Dear America
“If this really is true, then greed really isn't good, after all. It really isn't the way to maximize the best possible outcome. We really do need to come together and act collectively. Government isn't always the problem. It's sometimes the solution. And, so their whole intellectual scaffolding collapses. So, they'd rather deny the science.” IfsWayNeedsSometimesWholeProblemGovernmentTogetherIntellectualSolutionsCapitalismGreedClimate ChangeDenyOutcomesCollapseScaffolding Author:Naomi Klein
“The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today” WorldWayTodayWealthParticularModelsCapitalismTransformationClimateClimate ChangeDisasterCommitRadicalKneesVisibleCollapseSymptomsBankingWorld TodayCivilisationBanking System Author:Jonathon Porritt
“I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.” LeftChanceAliveCapitalismGardenCollapseBankingMachineryStaying AliveBanking System Author:Margaret Drabble