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Capitalism Quotes

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Capitalism Quotes

“Well the protester I think is a very powerful thing. It's basically a mechanism of democracy that, along with capitalism, scientific innovation, those things have built the modern world. And it's wonderful that the new tools have empowered that protestor so that state secrets, bad developments are not hidden anymore.”

Thinking World Wells States Political Powerful Secret Democracy Wonderful Modern Development Capitalism Built Tools Innovation Mechanism Modern World Empowered Very Powerful

Author:Bill Gates

“When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.”

Process Common Capitalism Areas Labor Profit Productions Goods Division Mechanism Commerce Pursued Cheaper Specialization Interchange Division Of Labor Handicrafts

Author:Carroll Quigley

“From the point of view of physics, it is a miracle that [seven million New Yorkers are fed each day] without any control mechanism other than sheer capitalism.”

Views Millions Capitalism Economics Miracle Seven Point Of View Physics Each Day Feds Mechanism Sheer New Yorkers

Author:John Henry Holland

“I think anytime that you go to the extreme of any mode of economics, be it capitalism or communism, you have these feedback mechanisms that make the system turn in on itself.”

Thinking Turns Capitalism Economics Extremes Communism Mechanism Feedback

Author:Serj Tankian

“To be sure, the use of force by one party in a market transaction in order to improve his price was no invention of capitalism. Unequal exchange is an ancient practice. What was remarkable about capitalism as a historical system was the way in which this unequal exchange could be hidden; indeed, hidden so well that it is only after five hundred years of the operation of this mechanism that even the avowed opponents of the system have begun to unveil it systematically.”

Way Years Wells Use Order Force Party Practice Five Hundred Capitalism Historical Ancient Invention Operations Opponents Remarkable Mechanism Transactions Use Of Force

Author:Immanuel Wallerstein

“For the other end of the spectrum, the 50 to 85 percent of the world's population who are not the recipients of privilege, the world they know is almost certainly worse than any their earlier counterparts knew. It is likely they are worse off materially, despite the technological changes. In substantive as opposed to formal terms, they are more, not less, subject to arbitrary constraints, since the central mechanisms are more pervasive and more efficient. And they bear the brunt of the various kinds of psychic malaise, as well as of the destructiveness of civil wars.”

“There are no two countries with the same style of economic mechanism, with the same capitalism.”

Two Country Economic Style Capitalism Mechanism Two Countries

Author:Anatoly Chubais

“It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.”

Economy Prove Capitalism Advantage Features Characteristics Mechanism Capitalist Socialist Flexibility Paradoxical Socialist Economy

Book:Selected Essays on the Dynamics of the Capitalist Economy 1933-1970

Source: Selected Essays on the Dynamics of the Capitalist Economy 1933-1970