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Capitalism Quotes

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Capitalism Quotes

“Indeed, a major source of objection to a free economy is precisely that it... gives people what they want instead of what a particular group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.”

“Democratic capitalism: A cooperative enterprise to earn enough money to buy enough Congressional influence to gain control over the government's guns so as to get even more money for your special-interest group.Social democratic capitalism: A cooperative enterprise to promise sufficient government benefits to enough voters to gain control over the government's guns so as to keep any other special-interest group from getting as much power as yours.”

“In the whole history of capitalism, no one has been able to establish a coercive monopoly by means of competition in a free market...Every single coercive monopoly that exists or ever has existed...was created and made possible only by an act of government...which granted special privileges (not obtainable in a free market) to a man or a group of men, and forbade all others to enter that particular field.”

“So much were employers of wage-labor unenthusiastic about proletarianization that, in addition to fostering the gender age division of labor, they also encouraged, in their employment patters and through their influence in the political arena, recognition of defined ethnic groups, seeking to link them to specific allocated roles in the labor-force, with different levels of real remuneration for their work. Ethnicity created a cultural crust which consolidated the patterns of semi-proletarian household structures.”

“There is still a tendency to regard any existing government intervention as desirable, to attribute all evils to the market, and to evaluate new proposals for government control in their ideal form, as they might work if run by able, disinterested men free from the pressure of special interest groups.”

“Society is made up of groups, and as long as the smaller groups do not have the same rights and the same protection as others - I don['t care whether you call it capitalism or communism -it is not going to work. Somehow, the guys in power have to be reached by counterpower, or through a change in their hearts and minds, or change will not come.”

“Prior to the advent of the civilization of the Third Estate (mercantilism, capitalism), the social ethics that was religiously sanctioned in the West consisted in realizing one’s being and in achieving one’s own perfection within the fixed parameters that one’s individual nature and the group to which one belonged clearly defined. Economic activity, work, and profit were justified only in the measure in which they were necessary for sustenance and to ensure the dignity of an existence conformed to one’s own estate, without the lower instinct of self-interest or profit coming first.”

“The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.”