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Capitalism Quotes

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Capitalism Quotes

“Everyday I become more convinced, there is no doubt in my mind, and as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can't be transcended from with capitalism itself, but through socialism, true socialism, with equality and justice. I'm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.”

“Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.”

“Bearing in mind that "the market" is not an invention of capitalism but that it has existed for thousands of years in many different societies, social justice logically requires that the profits resulting from the operation of markets and infrastructures created by society be equitably shared within societies and in a larger context within the human family.”

“In response to criticism of its treatment of killer whales, Sea World said it will build them a larger habitat. When asked for comment, killer whales said, 'Hey, you know what's a larger habitat?' THE OCEAN.”

“Politics is noble; it is one of the highest forms of charity, as Paul VI used to say. We sully it when we mix it with business. The relationship between the Church and political power can also be corrupted if common good is not the only converging point.”

“The moment the idea is admitted into society that property is not as sacred as the law of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”

“A city suffering from chronic poverty, out-of-control crime, a $76 million budget deficit and a 15 percent unemployment rate (nearly 50 percent for Oakland's youth) can hardly afford such social justice follies. But a pushover Democratic mayor and an overwhelmed police force have left what's left of gainfully employed Oakland taxpayers at the mercy of professional freeloaders and anti-capitalism saboteurs.”

“We have deluded ourselves into believing the myth that capitalism grew and prospered out of the Protestant ethic of hard work and sacrifices. Capitalism was built on the exploitation of black slaves and continues to thrive on the exploitation of the poor, both black and white, both here and abroad.”

“The problem with capitalism is that it best rewards the worst part of us: the ruthless, competitive, conniving, opportunistic, acquisitive drives, giving little reward and often much punishment-or at least much handicap-to honesty, compassion, fair play, many forms of hard work, love of justice, and a concern for those in need.”

“In principle as a philosophy, a model of organising society, Communism has to be respected. As regards the use of certain methods to advance social justice and greater regulation by the state, there are certain methods that are useful. What we need is a new society, a new civilization and convergence of all that is best in both [Communism and Capitalism]”

“Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

“I am opposed to all forms of control; I am for an absolute laissez faire, free, unregulated economy. I am for the separation of the state and economics, just as we had separation of state and church, which led to peaceful coexistence among different religions...so the same applies to economics. If you separate the government from economics, if you do not regulate production and trade, you will have peaceful cooperation, and harmony and justice among men.”

“The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does -- if that catch-phrase has any meaning -- but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is: justice”

“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.”

“A system is corrupt when it is strictly profit-driven, not driven to serve the best interests of its people.”