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Economic Quotes

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Economic Quotes

“In the course of his long, turbulent career, W. E. B. Du Bois attempted virtually every possible solution to the problem of twentieth-century racism...scholarship, propaganda, integration, national self-determination, human rights, cultural and economic separatism, politics, international communism, expatriation, third world solidarity.”

“In the anarchist milieu, communism, individualism, collectivism, mutualism and all the intermediate and eclectic programmes are simply the ways considered best for achieving freedom and solidarity in economic life; the ways believed to correspond more closely with justice and freedom for the distribution of the means of production and the products of labour among men. Bakunin was an anarchist, and he was a collectivist, an outspoken enemy of communism because he saw in it the negation of freedom and, therefore, of human dignity.”

Source: Life and Ideas: The Anarchist Writings of Errico Malatesta

“This was 1990, the year that communism died in Europe and it seemed strange to me that in all the words that were written about the fall of the iron curtain, nobody anywhere lamented that it was the end of a noble experiment. I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.”

Knows Years Kind Ends Self Seems Fall Interest Written Sadness Economic Strange Europe Died Greed Noble Experiments Communism Iron Curtains Self Interest Economic Systems Iron Curtain

Author:Bill Bryson

“A triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.”

Ideas Government Lasts Values Lines Economic Capitalism Aspect Bottom Communism Corporate Goods Efficiency Bottom Line Public Service Subordinates American Life Economic Power

Author:Ellen Willis

“There is no difference in principle, ... between the economic philosophy of Nazism, socialism, communism, and fascism and that of the American welfare state and regulated economy.”

States Philosophy Differences Principles Economy Economic Socialism Communism Welfare Fascism Nazism Welfare State Communism And Fascism

Author:Jacob G. Hornberger

“The economic disasters of socialism and communism come from assuming a blanket superiority of those who want to run a whole economy.”

Want Whole Running Economy Economic Assuming Disaster Socialism Communism Superiority Blanket

Author:Thomas Sowell

“The worst of this ever growing cancer of Statism [ie big 'paternal' government - socialism, communism and fascism] is its moral effect. The country is rich enough to stand its frightful economic wastage for a long time yet, and still prosper, but it is already so poverty-stricken in its moral resources that the present drain will quickly run them out.”

“The fascinating thing to a dispassionate observer about the structure of life in the Soviet Union is that in their efforts to produce an unknown that we may let its ideologists call Socialism the Communist dictators have produced a brutal approximation of monopoly Capitalism, a system that has all the disadvantages of our own, with none of the palliatives which come to us from surviving competition and from the essential division of economic and political power which has so far made it possible for the humane traditions of the Western world to continue.”

“The economic system that the United States has is an evil empire. It's an economic system that's not fair, not just, and it's not democratic. And it will fall just like communism fell. The richest 1 percent now own 50 percent of the wealth. It didn't use to be that way. The average CEO 20 years ago made 20 times as much as the average employee. Now they make 212 times as much.”

“Communism wasn't a word that I thought of when I went to Cuba. The original Fidelistas were not Communists. They were graduate students at the university and law students. After the Fidelistas took over, they went to Washington and tried to get support from the U.S. government, which turned them down. They were in a desperate political and economic situation, so they took the offer from the Soviet Union. Communism was a matter of necessity.”

“I am not interested in dry economic socialism. We are fighting against misery, but we are also fighting against alienation. One of the fundamental objectives of Marxism is to remove interest, the factor of individual interest, and gain, from people's psychological motivations. Marx was preoccupied both with economic factors and with their repercussions on the spirit. If communism isn't interested in this too, it may be a method of distributing goods, but it will never be a revolutionary way of life.”

“From an economic standpoint, liberalism is a greater threat to America than communism ever was.”

America Greater Economic Threat Communism Liberalism Standpoint

Author:James Cook

“The final goal of world revolution is not socialism, or even communism, it is not a change in the present economic system, it is not the destruction of civilization in a material sense. The revolution desired by the leaders is moral and spiritual, it is an anarchy of ideas in which all the bases established nineteen centuries ago shall be overthrown, all the honored traditions trodden under foot, and, above all, the Christian ideal finally obliterated.”