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Capitalism Quotes

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Capitalism Quotes

“What we've undergone in recent decades worldwide has been totally insane, and all of this is a result of capitalism. The workforce in Latin America was treated as a vulgar instrument for capital accumulation. Mechanisms of exploitation were imposed, such as outsourcing, labor mediation, and the like.The results are plain to see: greater inequality in Latin America; unemployment is higher than in previous decades; we haven't resolved the problem of poverty; we've lost a great deal of sovereignty.”

“We are developing in the United States a huge underclass of unwanted people, many of them the descendants of the exploitation of the South American and Latin American countries by American piratical capitalism. Not all capitalism is piratical, but some of it certainly is. And we have a fantastic gap beginning to exist between rich and poor.”