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Capitalism Quotes

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Capitalism Quotes

“We need to revise our economic thinking to give full value to our natural resources. This revised economics will stabilize both the theory and the practice of free-market capitalism. It will provide business and public policy with a powerful new tool for economic development, profitability, and the promotion of the public good.”

“Toward the end of the Cold War, capitalism created a military horror: the neutron bomb, a weapon that destroys life while leaving buildings intact. During the Fourth World War, however, a new wonder has been discovered: the financial bomb. Unlike those dropped on Hiroshima and Nagasaki, this new bomb not only destroys the polis (here, the nation), imposing death, terror, and misery on those who live there, but also transforms its target into just another piece in the puzzle of economic globalization.”

“Modern capitalism is just as subversive as Marxism. The materialistic view of life on which both systems are based is identical. As long as we only talk about economic classes, profit, salaries, and production, and as long as we believe that real human progress is determined by a particular system of distribution of wealth and goods, then we are not even close to what is essential.”

“You can't talk about solving the economic problem of the Negro without talking about billions of dollars. You can't talk about ending the slums without first saying profit must be taken out of the slums. You're really tampering and getting on dangerous ground because you are messing with folk then. You are messing with captains of industry. Now this means that we are treading in difficult water, because it really means that we are saying that something is wrong with capitalism.”

“Capitalism is a system in which the central institutions of society are, in principle, under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist, that is, it has tight control at the top and strict obedience has to be established at every level. [...] Just as I'm opposed to political fascism, I am opposed to economic fascism. I think that until the major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy.”

“We must recover the whole sense of gift, of gratuitousness, of solidarity. Rampant capitalism has taught the logic of profit at all costs, of giving to get, of exploitation without looking at the person... and we see the results in the crisis we are experiencing! This Home is a place that teaches charity, a "school" of charity, which instructs me to go encounter every person, not for profit, but for love.”

“The economic class struggle is a struggle against inessanlty intensified exploitation: not only against the brutal material form of exploitation, capitalism's tendency to reduce wages, and against the class 'techniques' for increasing productivity... but also around the question of the technical-social division of labor that prevails om enterprises, and against bourgeois ideology and repression.”

“No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for the rise of the Western capitalist economy and the building of private fortunes-and it was based on the sin of usury.”