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Capitalism Quotes

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“I'm not critical of the people who do psychotherapy. The therapists in the trenches have to face an awful lot of the social, political, and economic failures of capitalism. They have to take care of all the rejects and failures. They are sincere and work hard with very little credit, and the HMOs and the pharmaceutical companies and insurance companies are trying to wipe them out. So certainly I am not attacking them. I am attacking the theories of psychotherapy.”

“All of this is happening because there has still been no reckoning post the financial crisis. So governments have fallen, one bloke has been to prison, the banks have gone pretty well back to status quo, the rich are getting richer, and the poor are getting poorer. And it's fuelling anger. And somehow [Donald] Trump, who represents the worst aspects of capitalism, has persuaded people he can deal with that.”

“People used to make their own clothes, now they buy clothes. People used to take care of their own kids, now they pay other people do it. And that was because capitalism requires more and more things being turned into money - being turned into profit. But that has reached this absurd limit where there's nothing left to turn into money, and the capitalist system is breaking down.”

“What worries some people about consumption (and I confess at the outset to be one of these ambivalent creatures, fat but troubled in paradise) is that the affluent, technologically advanced West seems more and more focused not on consuming to live but living to consume. The problem with consumption, and the consumer capitalism that has pushed it to feverish historical extremes, is that it has become so all-consuming.”

“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.”

“I see myself, in terms of the question of capitalism, as I would support democratic socialism over a capitalist system, because any approach... or participatory economics, which is another great model that people like Michael Albert are putting out there... any system that encourages us to think about interdependency, and to be able to use the world's resources in a wiser way, for the good of the whole, would be better for the world than capitalism.”

“It is true that one was not allowed at the time to really ask, what would lead people to do this, from what sense of political outrage or injury? And in that way, the possibility of sympathetic identification was foreclosed. That does not mean that some people took quiet pleasure in certain icons of US capitalism coming down, even though they would oppose such action on moral and political grounds.”

“Speaking as a New Yorker, I found it a shocking and terrifying event [9/11], particularly the scale of it. At bottom, it was an implacable desire to do harm to innocent people. It was aimed at symbols: the World Trade Center, the heart of American capitalism, and the Pentagon, the headquarters of the American military establishment.”

“I've lived long enough to see the triumph of zealots and absolutists, to watch money swallow politics, to witness the rise of the corporate state. See the party of working and poor people become a sycophant of crony capitalism. Watch the union of church and state become fashionable again. Witness the coupling of news and entertainment. See everyday people cast overboard as the pirates and predators of Wall Street seized the ship of state. I didn't drift; I moved left just by standing still.”

“Here's what I do believe very strongly: that once capitalism comes into existence, once it creates this mythology of a stingy nature, then that myth has to be exorcised. In other words, we have to get out of people's heads the idea that without a market economy, without egotism, competition, rivalry and self-interest, without all the technological advances that [Karl] Marx imputed to capitalism, we have to eliminate the feeling that we would sink into some kind of barbarism.”

“Capitalism has created a situation called scarcity. And that scarcity is not natural, it's socially induced. Along with that sense of scarcity, or feeling of scarcity, is a feeling of economic insecurity. Along with that is a feeling of deprivation... And unless we can demonstrate that that feeling is not justified technologically, we will not be able to speak intelligently to the great majority of people and reorganize our economy so that we really know what needs are rational and human and what have been created, almost fetishisticaly, by the capitalist economy.”

“We have to accept that capitalism is coming to an end. We can't provide paid employment for people, all the industries with technology are counter-intuitive to profit, and we have to have a transition to the conceptualist society. The only way to do it fairly is as a social democracy, a radical social democracy, which isn't compromised by neo-liberalism and isn't compromised by the rich, and isn't compromised by hegemonic, authoritarian interests: to have that balance between the government, the private sector, and then the individual citizens again.”

“I don't like the idea of capitalism anyway. Because it's not capital we are talking about; it's knowledge and creating well-being. Because I mean, that gets people on the wrong track when it's capital and how we allocate capital - no. How do we create the Republic of Science in America? How do we have a system of mutual benefits where people succeed by helping others improve their lives? So I don't like that at all.”

“We often confuse or loosely use the ideas of crony capitalism or neoliberalism to actually avoid using the word "capitalism", but once you've actually seen, let's say, what's happening in India and the United States - that this model of US economics packaged in a carton that says "democracy" is being forced on countries all over the world, militarily if necessary, has in the United States itself resulted in 400 of the richest people owning wealth equivalent [to that] of half of the population.”

“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.”

“Neither capitalism nor socialism is capable of meeting our unprecedented global challenges. Both came out of early industrial times, and we are now well into the post-industrial age. Both came out of times when the West still oriented much more to the domination side of the social scale, so both these theories did not pay attention to caring for people and nature.”

“I worked very hard to try and figure out what I thought and I believed that we were going to succeed and that revolutions would happen globally and we would be a part of that and we would have then not capitalism. We would have values based on human lives, not profit. We would actually transform the kinds of ways people built love and built community. It was a very shocking thing to me, out of the end of the 70s and the beginning of the 80s, to realize that that dream - while I still believed in it - was not going to happen in the way that I had hoped.”

“A person without an Apple watch is perfectly content with his present watch but when he sees his friends buying the watch, he will hanker for an Apple watch. The endless cycle of wanting, getting, and wanting again is part of the plot of Capitalism. It is the way Capitalism creates jobs. The only antidote is Buddhism that holds that people might be happier by renouncing desire rather than by striving to satisfy desire. But then how can the economy create enough jobs in a Buddhist society of "less is more."”

“With the rise of capitalism, it became more obvious that people pursue individual self-interest. The great nationalist in Italy, Giuseppe Mazzini, a wonderful philosopher, said that we need the nation. We need something that people can lean on, from which they can then reach out to the whole world. The idea of all humanity is too vague. It can't motivate human aspiration in a reliable way.”

“Our country, our economy - don't doubt me on this - our economy is based on capitalism. Barack Obama's stated reason for being inspired by Reverend Wright was his speech, 'White man's greed runs a world in need.' That inspired Obama, 'White man's greed runs a world in need.' That's the real American dream. Working hard you will get ahead. But you can't have that if you want to create a permanent underclass. You simply cannot have people getting ahead. It destroys the whole notion of a permanent underclass.”

“I do fear that global capitalism is making us more like each other in regrettable ways, e.g., more people are increasingly captivated by spectacles of violence and aggression or of conspicuous consumption that are the subjects of the most commercially viable films across countries precisely because they don't depend for their appeal on cultural fine points; and more people are prone to deal with others on a purely instrumental and impersonal basis.”

“The left hates capitalism, not because of freedom and liberty - although they do. But the primary they hate capitalism is that it is the most efficient engine to create wealth for the greatest number of people in a society that has ever been devised. Nobody's ever claimed it's perfect. Nobody's ever said it's flawless. But it's better than anything else out there, particularly anything left has to offer.”

“People should absolutely have a point of view about the political process themselves individually, but we're also at a point in the evolution of capitalism where any one individual's impacts are over estimated because there is enough regulation and guard rails. They may be odious and grotesque in what they say, but the practical day-to-day impacts from a policy perspective tend to be limited because the system made it so. That's why you see a lot of political apathy because people have internalized the inability for anyone either really really good or really really bad to do anything.”

“If you're going to point out the ridiculousness of a rule, it's naïve to think that you can break it. It's the same way that rappers have embraced capitalism. Some people say they liked it better when rap was a literal protest form in the '90s. But I think it's more a form of protest today, because it's telling the story of what happens once something forbidden is within reach. I think rap is more political today when it speaks about luxury watches than it does about fighting the power.”

“Ever since Marx, leftists have known that the simplest way to controlling a country is via education, the news industry, and health care. If you, as a leader or as a member of a leadership organization can succeed in taking over those three things where only kids, young people, only learn what you want them to learn, they learn how horrible freedom is, how unfair capitalism is, how mean-spirited, all of this, how wonderful equality and egalitarian is. Whenever there is a communist invasion or revolution, the news outlets are the first things seized and then the schools and then health care.”

“Socialism, leftism, liberalism not only doesn't respect the unique abilities of free people; it attempts to quash them and to eliminate them. Because it's unfair not only to have more than somebody else, it's unfair to be better than anybody else at whatever you do. That's not fair. So we define everything down to the lowest common denominator. We take the people at the top, bring 'em down to people at the bottom and say that's equality. We punish achievement if liberalism and leftism rules the day. But capitalism is where the respect for unique abilities and freedom resides.”

“What appeals to me in The Deuce is some of the same things that made me interested in The Wire, which is there seems to be a theme here around markets and capitalism and labour. This is a moment, 1971, of something that was under the counter: then brown paper bags suddenly became legal, pornography. And it was really the birth of an industry which is now a multi-billion dollar American standard. And these people were the pioneers at a moment where there really were no rules, then suddenly there was a legal industry that was allowed to exist.”

“I think what's interesting about Alice Munro, too, is the extreme mundanity of things. And how even a life reduced to complete mundanity, like capitalism taking over rural Ontario or whatever, has complete sway over aspects of life. Nevertheless, people still have these moments of weird desperation, weird longing, weird true love, or weird, powerful lust, and that was a major inspiration for me, too.”

“We live in an era of consumerism and it's all about desire - based consumerism and it has nothing to do with things we actually need. What do you actually need? Food, clothing and shelter. Everything else is entertainment. It's just the idea that we're so wasteful. I think a lot of self - identity and inner - personal development is hampered by consumerism and capitalism because we see ourselves as a reflection of the TV, rather than as a reflection of the people who are around us, truly.”

“People know that pain is part of our nature, that it cannot be avoided and that it should not be avoided. But capitalism in this country is focused on the idea 1) that life can and should be absolutely beautiful; 2) that beauty can be defined according to an ironclad objective standard; 3) that beauty can be held onto forever if only you do the right things perfectly enough; and 4) that it can be purchased.”

“All existing art was religious until perhaps a hundred years ago. Within that there's obviously been lots of room for manipulation. I think that's because our current religion is capitalism. Capitalism has the functions of patronage, commissions, control of content, bestowing of space, elevation of certain artists over others based on how much they pander to people in power, the determination of value of the work, all of it. Capitalism commissions artwork now, the market.”

“India has the largest number of hungry people. Yet it's an outcome of precisely the same mechanism. It's the control of agriculture that drives down the price it paid for food that it buys from farmers, who are the poorest people. Then you're paying very little for food. You're underpaying the poorest people in any society. Then they're marketing to us the things that are most profitable to them. And those are the things that are packaged and processed and what-have-you. That means you have the simple thing of the explosion of obesity and hunger as a result of capitalism in our food system.”