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Capitalism Quotes

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Capitalism Quotes

“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

“All this plan does is make everybody a capitalist. I know that the New York Stock Exchange says there are 25 million shareholders in the United States, but let me tell you something: about 15 million of those people could save their dividends for 10 years and maybe buy a new suit. That's not what I call capitalism.”

“More and more details coming out now about spoiled rich kid Osama bin Laden. Time reports this week he was one of 52 kids. Mother must be exhausted. This guy inherited $80 million at age 13 and has since expanded it to $300 million through construction, smart investments and gas and oil investments. This way, he can use the money in his war against capitalism.”

“Communism, like any other revealed religion, is largely made up of prophecies. When they fail to come off its clergy simply say that they will be realized later on. Thus, if we have another boom, they will argue that the collapse of capitalism is only postponed. The fact that the greatest booms ever heard of followed Marx's formal prophecy of the downfall of capitalism is already forgotten, just as millions have long since forgotten the early Christian prophecy that the end of the world was at hand. The first Christians accepted postponements as docilely as the Communists of today.”

“You have read and heard that communist theory-the science of communism created in the main by Marx, this doctrine of Marxism-has ceased to be the work of a single socialist of the nineteenth century, even though he was a genius, and that it has become the doctrine of millions and tens of millions of proletarians all over the world, who are applying it in their struggle against capitalism.”

“Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.”

“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.”

“The underlying issue is the system of capitalism itself, and under this system the best means for regulating or checking their power is not relying on a government which represents the interests of the rich but for millions of working people to become politically active in workplaces and communities through building unions and our own political party.”

“We must pay close attention to those with another imagination: an imagination outside of capitalism, as well as communism. We will soon have to admit that those people, like the millions of indigenous people fighting to prevent the takeover of their lands and the destruction of their environment - the people who still know the secrets of sustainable living - are not relics of the past, but the guides to our future.”

“Capitalism is essentially a system of mass production for the satisfaction of the needs of the masses. It pours a horn of plenty upon the common man. It has raised the average standard of living to a height never dreamed of in earlier ages. It has made accessible to millions of people enjoyments which a few generations ago were only within the reach of a small élite.”

“The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. The estimated dividend income received by the Thomson family in 1995 from its 72% ownership share of the Thomson Corporation and its 22% ownership share of the Hudson's Bay Company was $310 million.”