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Capitalism Quotes

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Capitalism Quotes

“I know the difference between venture capital[ism] and vulture capitalism. Venture capitalism is a good thing, comes in, gives that gap funding to help these companies get off and get started creating jobs, and work. But Mitt Romney and Bain Capital were involved with what I call vulture capitalism. And they walked into Gaffney and took over that photo album company for no other reason than to basically pick the bones clean. And those people lost their jobs.”

“Capitalism is of this material world; it provides us with the means to live; it empowers us within the known world of sense and human reason. If it is to be measured by a strict standard of holiness, by religious normativity alone, then there can never be a moral capitalism.”

“Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?”

“Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.”

“I often think that the reason capitalism hasn't completely destroyed everything is that a huge amount of anti-capitalist endeavor goes on, from labors of love, nurture, friendship, and barter to gift economies and different kinds of exchanges, not just one alternate model but a whole host of other ways in which we engage with each other and with the world that aren't financial and debt-based.”

“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.”

“Capitalism is the best way of organizing economic activity for a lot of reasons. It unlocks a higher fraction of human potential, it balances supply and demand, it's more consistent with higher levels of freedom. But the way we're pursuing it now, focuses on such short-term horizons, that a lot of businesses and investors are tempted to look at investments in terms of what's gonna happen in the next 90 days, what's gonna happen in one year. But the old phrase, "Good things take time," is true of successful businesses as well.”

“The vitrines and shelves that I make, the objects displayed can be easily exchanged. This is a key to the work-the objects are mere signs of capitalism. The reason for their existence is in anticipation of their own destruction. They are meant to trigger a resemblance to the way store windows appear just before they are smashed by demonstrators. They represent targets for potential violence.”

“It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.”

“Soviet-style communism failed, not because it was intrinsically evil, but because it was flawed. It allowed too few people to usurp too much power. Twenty-first century market capitalism, American-style, will fail for the same reasons. Both are edifices constructed by human intelligence, undone by human nature.”

“Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.”

“Capitalism drives the employers to do their worst to the employed, and the employed to do the least for them. And it boasts all the time of the incentive it provides to both to do their best! . . . The reason the Capitalist system has worked so far without jamming for more than a few months at a time, and then only in places, is that it has not yet succeeded in making a conquest of human nature so complete that everybody acts on strictly business principles.”

“Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice. When I say 'capitalism,' I mean a pure, uncontrolled, unregulated laissez-faire capitalism - with a separation of economics, in the same way and for the same reasons as a separation of state and church.”

“The second reason why we haven't observed the growing gap is that our historical and social science analyses have concentrated on what has been happening within the 'middle classes' - that is, to that ten to fifteen percent of the population of the world-economy who consumed more surplus than they themselves produced. Within this sector there really has been a relatively dramatic flattening of the curve between the very top (less than one percent of the total population) and the truly 'middle' segments, or cadres (the rest of the ten to fifteen percent).”

“Nothing-was more degrading than for a woman to have to marry for a home. Love should be the sole reason. Surely those with a brain-to think, eyes to see and a mind-to reason must realise that the capitalist system must cease and a co-operative system prevail in its place.”

“Anarchists are opposed to violence; everyone knows that. The main plank of anarchism is the removal of violence from human relations. It is life based on freedom of the individual, without the intervention of the gendarme. For this reason we are the enemies of capitalism which depends on the protection of the gendarme to oblige workers to allow themselves to be exploited--or even to remain idle and go hungry when it is not in the interest of the bosses to exploit them. We are therefore enemies of the State which is the coercive violent organization of society.”

“Democracy suits Europeans today partly because it is associated with the triumph of capitalism and partly because it involves less commitment or intrusion into their lives than any of the alternatives. Europeans accept democracy because they no longer believe in politics. It is for this reason that we find both high levels of support for democracy in cross-national opinion polls and high rates of political apathy.”

“Both Marx and Nietzsche understood that moral outrage is the last resort of the powerless. That is why Marx refused to issue moral condemnations of capitalism, preferring instead to lay out, calmly and ruthlessly, his reasons for believing that it is destined to be replaced by socialism. And that is why Nietzsche mocks Christianity for portraying its crucified Saviour as bait wriggling on a hook to catch unsuspecting souls.”

“Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society -- and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.”

“It will take a long period to decide the issue in the ideological struggle between socialism and capitalism in our country. The reason is that the influence of the bourgeoisie and of the intellectuals who come from the old society will remain in our country for a long time to come, and so will their class ideology. If this is not sufficiently understood, or is not understood at all, the gravest mistakes will be made and the necessity of waging the struggle in the ideological field will be ignored.”