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Capitalism Quotes

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Capitalism Quotes

“Labor in this country is independent and proud. It has not to ask the patronage of capital, but capital solicits the aid of labor.”

“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.”

“There has to be a kind of grassroots push, a movement, as it were, against the inherent isolationism of American capitalism as practiced in the publishing industry. There need to be grants and government support and a few publishers, mainstream and independent, who are not afraid to challenge American readership. We need to build a network of translators, publishers and readers. We hope that our annual anthology might provide an upsurge in interest for European fiction and then, as we publish it every year, become a habit to many readers.”

“Through much of its history, the US did not have high inequality as compared with Europe. Less so, in fact. That began to change in the industrial age, reaching a peak in 1928, after the forceful destruction of the labor movement and crushing of independent thought. Largely as a result of labor mobilization, inequality declined during the Great Depression, a tendency continuing through the great growth period of regulated capitalism in the early postwar decades.”

“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”

“Modern capitalism needs men who cooperate smoothly and in large numbers; who want to consume more and more; and whose tastes are standardized and can be easily influenced and anticipated. It needs men who feel free and independent, not subject to any authority or principle or conscience-- yet willing to be commanded, to do what is expected of them, to fit into the social machine without friction; who can be guided without force, led without leaders, prompted without aim-- except the one to make good, to be on the move, to function, to go ahead.”

“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.”