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Capitalism Quotes

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Capitalism Quotes

“I'm just interested in women's friendships generally. It always seems to me, and this is just my pet theory, that women are kind of at the sharp end of capitalism one way or another. Mainly because they buy everything. In a practical sense, women buy most things. They're always comparing - to friends, to famous people, to other people. An obsessive act of comparison.”

“9/11 was a signal that we were living in a new world - a world of interdependence, a world in which people could attack the United States not from the outside, but from the inside. It was a sign that the United States, the most powerful country in the world, could watch the cathedral of capitalism at the Trade Center and the heart of its defense at the Pentagon be struck internally, not really across borders, so that borders don't matter anymore.”

“We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor.”

“The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.”

“...one of the most inventive forms of creative capitalism involves someone we all know very well. A few years ago, I was sitting in a bar here in Davos with Bono. Late at night, after a few drinks, he was on fire, talking about how we could get a percentage of each purchase from civic-minded companies to help change the world. He kept calling people, waking them up, and handing me the phone to show me the interest.”

“No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable. It is but equity, besides, that they who feed, clothe and lodge the whole body of the people, should have such a share of the produce of their own labour as to be themselves tolerably well fed, clothed and lodged.”

“There are so many things that we have to be very concerned about. But I always come back to feminism. People look at me sideways now and are like, "With everything going on, the destruction of the environment, these endless wars, this capitalism that has a stranglehold on our culture and our world and you're talking about feminism still?"”

“Why ... do the myths of America the Hateful take such powerful hold? Because anti-Americanism provides a useful emotional function which goes beyond logic and reaches deep into the darker recesses of the European soul. In centuries past those on the Left who wished to personalise their hatred of capitalism, who sought to make it emotionally resonant by fastening an envious political passion on to a blameless scapegoat people, embraced anti-Semitism. It was the socialism of fools. Which is what anti-Americanism is now.”

“We got to face some facts. That the masses are poor, that the masses belong to what you call the lower class, and when I talk about the masses, I'm talking about the white masses, I'm talking about the black masses, and the brown masses, and the yellow masses, too. We've got to face the fact that some people say you fight fire best with fire, but we say you put fire out best with water. We say you don't fight racism with racism. We're gonna fight racism with solidarity. We say you don't fight capitalism with no black capitalism; you fight capitalism with socialism.”

“Dawn Of The Dead is about how we're just a country cannibalizing itself, turning into one shopping mall, and everyone at the mall is just brain-dead, wandering around. Capitalism gone awry, and the worst parts of human nature coming out. All these different things that people read into the films that are all there, very strong anti-Bush sentiments that went into making those films. It's great. I like it when people get it the second or third time, when someone else points it out to them. They don't realize it's been there all along. Those are my favorite movies.”

“Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.”

“The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: Si monumentum requires, circumspice.”

“You'll find many markets where bottlers of Pepsi and Coke both make a lot of money and many others where they destroy most of the profitability of the two franchises. That must get down to the peculiarities of individual adjustment to market capitalism. I think you 'd have to know the people involved to fully understand what was happening.”

“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.”

“Capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed.”

“There is a cultural norm on the left of being afraid to declare victory, which is related to the binary of reform/revolution. Whereas reformists are winning small gains, revolutionaries don't want people to be satisfied with those small victories because they worry this will lead to acceptance of the bigger picture of capitalism domination, and so they find a way to turn every victory into a defeat. In the book, I call for a culture of declaring victory wherever we can.”

“My analysis, especially of the computer revolution, always comes back to capitalism. It's that economic system that has led to Western civilization's willingness to enslave ourselves to machines - because some people benefit enormously from it, while the costs are borne by other people and the planet.”

“The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.”

“I've never had a stupid student in my life. I never look down on my students. I never thought, "Look at these people." I might argue with them and I think that some of them might have misconceptions - that they might be infected by the intellectual laziness that is the foundation of American popular culture, and of capitalism, if you wish. But part of my job as a teacher is to work with that - against that.”

“The scientific world, the materialistic world, the world of commerce, the world of business, the world of individualism, the world of capitalism, world of communism - all these worlds are the old story now. Where we think we exploit nature, we exploit people. Market rules, profit rules, money rules. We work for name, fame, power, money, profit. That's the old story.”

“Poverty is about low, self-esteem and a lack of role models and opportunities. Without money, people resort to de-dignifying activities in order to support themselves. We free people through education and entrepreneurship. Freedom is self-determination, and you can't self-determine without understanding money and capitalism.”

“Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism.”

“The Jacksonian era is generally talked about in terms of individualism, and the development of free market capitalism, and Victorian prudery. It was shocking to find a parallel history to that - a bunch of Americans with very different priorities. I stumbled on to these people, and then became completely fixated on them. The question that drove me was: how did these reasonable people adopt these extremely unreasonable ideas?”