“Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.” IfsGivingWellsMayValuesFiguresTheoryCapitalismHatredInsightOppressionBitterPlentyLabourSheepWitchcraftFlocksComplacentArsenic Book:Essay on Marxian Economics Source: Essay on Marxian Economics
“Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs".” IfsPastFoundFiguresCapitalismEntrepreneurClubsMythologyIceDaringCreamFoundingIce CreamFreezeLegendaryParlorDashingSubscription Author:Paul A. Baran
“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.” PeopleThinkingWayNeedsSpeakSocialResultsEconomyEconomicFiguresTruth IsMassStandardsCapitalismHistoricalPopulationBeneficialUnprecedentedStandards Of LivingEpitaphMarket EconomySocial SystemsPropagandistWrens Author:Ludwig von Mises
“The promise of American capitalism is that it makes people richer, freer and more independent. But since the introduction of Fed, the currency in which Americans keep score has so addled the figures, we scarcely know if we are winning or losing. The dollar we knew as a child - in the 1950's - is only worth a tenth as much today.” PeopleIfsKnowsChildrenTodayWinningFiguresPromiseLosingCapitalismIndependentDollarsScoreFedsCurrencyIntroductionWin Or LoseAmerican Capitalism Author:Bill Bonner
“If the central contest of the twentieth century has pitted capitalism against socialism, then F. A. Hayek has been its central figure. He helped us to understand why capitalism won by a knockout. It was Hayek who elaborated the basic argument demonstrating that central planning was nothing else but an impoverishing fantasy.” IfsHas BeensFantasyCenturyFiguresCapitalismArgumentPlanningSocialismContestsTwentieth CenturyDemonstratingHayekCentral PlanningKnockouts Author:Kenneth Minogue
“Sitting in an office for TOO long is not natural, perhaps, so that's why we should change it. I didn't say that out-and-out capitalism, which reduces humanity to dollar figures, is natural.” ShouldLongHumanityNaturalFiguresOfficeSittingCapitalismDollars Author:Yann Martel
“The problem is so severe that trying to say, "First we'll fix the government and then we'll tackle climate change," or, "First we have to figure out alternative systems to capitalism and then we'll tackle climate change," I don't see how those things are possible in the very short term.” TryingFirstsProblemGovernmentTermFiguresCapitalismClimateClimate ChangeAlternativesSevereShort Term Author:Margaret D. Klein
“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.” PeopleWayTryingHumansKindStillsEndsHardDreamHappensWould BeValuesRealizingCommunityFiguresRevolutionSucceedCapitalismBuiltProfitHuman LifeShocking80sI Still BelieveShocking Things Author:Amber Hollibaugh
“My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created.” TryingYearsTwoProblemLastsEconomyFiguresCapitalismTasksAddressesTwo YearsGoogleBleeding Author:Barack Obama