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Capitalism Quotes

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Capitalism Quotes

“Today, you have 20 percent of the world controlling 80 percent of the Gross Domestic Product; you've got a $30 trillion (US) world economy, and $24 trillion of it is in the developed countries... These inequities can't exist. So if you are talking about systemic breakdown, I think you have to look in terms of social breakdown.”

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Author:James Wolfensohn
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“Wherever the Industrial system has reached its second generation it is threatened by two mortal perils. The first is the demand by an organized proletariat for sustenance without relation to the product of its labor; a demand which threatens the very existence of PROFIT (on the necessary presumption of which Capitalism reposes). The second, and immediately graver danger is that of a revolt for the confiscation of the means of production.”

FirstsMeanTwoWisdomPoliticsExistenceEconomyGenerationsDangerProductsDemandCapitalismLaborRelationProfitProductionsMortalsOrganizedLiberalismThreatenedPerilRevoltReposePresumptionProletariatSustenance
Author:Hilaire Belloc
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“In the history of enterprise, most of the protagonists of major new products and companies began their education - not in the classroom, where the old ways are taught, but in the factories and labs where new ways are wrought ... nothing has been so rare in recent years as an Ivy League graduate who has made a significant innovation in American enterprise.”

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Author:George Gilder
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“There is a tendency under capitalism system to reduce everything to a kind of commodity fetish, and this order tends to promote extremely conventional and uniform expressions of gender and sexuality in order to promote certain products and lifestyle choices that are commercialized. This necessarily entails a capitulation to heteronormativity, or in the case of the new gay movement, a "homonormativity" that doesn't stray far from the heterosexual paradigm. Anyone who questions these normative values and conventions is subject to disapproval, hostility, or even violence.”

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Author:Bruce LaBruce
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“Capitalism is an organized system to guarantee that greed becomes the primary force of our economic system and allows the few at the top to get very wealthy and has the rest of us riding around thinking we can be that way, too - if we just work hard enough, sell enough Tupperware and Amway products, we can get a pink Cadillac.”

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Author:Michael Moore
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“Smith, as we have said, was not the proponent of any one class. He was a slave to his system. His whole economic philosophy stemmed from his unquestioning faith in the ability of the market to guide the system to its point of highest return. The market — that wonderful social machine — would take care of society's needs if it was left alone. "Consumption is the sole end and purpose of all production," he wrote.”

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Author:Robert Heilbroner
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“The reward of commercial civilization is the ability to consume a never-ending array of products.There are limits beyond which commodities cannot be multiplied without preventing their consumers from affirming themselves through the exercise of their personal freedom.When market dependence reaches a certain threshold it deprives people of their power to live creatively and to act autonomously. And precisely because this new impotence is so deeply experienced, it is expressed with difficulty.”

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Author:Ralph Waldo Emerson
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“Many pioneers of these industrial changes, it is true, became rich. But they acquired their wealth by supplying the public with motor cars, airplanes, radio sets, refrigerators, moving and talking pictures, and variety of less spectacular but no less useful innovations. These new products were certainly not an achievement of offices and bureaucrats.”

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Book:Omnipotent Government: The Rise of the Total State and Total War
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“Making money isn't the main point of business. Money is a by-product.... A new product has been found, something of use to the world. A new industry moves into an undeveloped area. Factories go up, machines go in and you're in business. It's coincidental that people who've never seen a dime now have a dollar and barefooted kids wear shoes and have their faces washed. What's wrong with an urge that gives people libraries, hospitals, baseball diamonds and movies on a Saturday night?”

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Author:Humphrey Bogart
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“Capitalism demands the best of every man - his rationality - and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him.”

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Book:For the New Intellectual: The Philosophy of Ayn Rand (50th Anniversary Edition)
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“Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.”

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Author:Arianna Huffington
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“The ever-mounting glut of waste materials is characteristic by-product of modern consumer society. It might even be argued that capitalism's continual need to find of generate markets means that disposibility and waste have become the spine of the system. To consume means, literally, to destroy or expend, and in the garbage crisis we confront the underlying truth of a society in which enormous productive capacities and market forces have harnessed human needs and desires, without regard to the long or even short-term future of life on the planet.”

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Book:All Consuming Images: The Politics of Style in Contemporary Culture
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