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Fundamentals Quotes

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Fundamentals Quotes

“The fundamental idea of modern capitalism is not the right of the individual to possess and enjoy what he has earned, but the ;thesis that the exercise of this right redounds to the general good.”

Ideas Individual Enjoy Modern Exercise Capitalism Fundamentals Thesis

Book:Puritanism and Democracy

Source: Puritanism and Democracy

“Those who yearn for the end of capitalism should pray for government by men who believe that all positive action is inimical to what they call thoughtfully the fundamental principles of free enterprise.”

Men Should Believe Ends Government Action Principles Praying Capitalism Fundamentals Enterprise Free Enterprise Fundamental Principles

Author:John Kenneth Galbraith

“The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it's absurd.”

Needs Ideas Law Lows Capitalism Fundamentals Workers Customers Absurd Employment More Money Wages

Author:Nick Hanauer

“The American capitalists are richer and stronger than their counterparts in other lands. They are also younger and more ignorant, and therefore more inclined to seek a rough settlement of difficulties without diplomatic subtlety and finesse. All that does not change the fact that American capitalism operates according to the same laws as the others, is confronted with the same fundamental problems, and is headed toward the same catastrophe.”

Doe Facts Problem Law Land Capitalism Difficulty Stronger Fundamentals Ignorant Rough Capitalist Catastrophe Subtlety Settlement Diplomatic Counterparts Finesse American Capitalism

Author:James P. Cannon

“The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.”

Source: Essay on Marxian Economics

“What gets called 'the sixties' left a mixed legacy and a lot of divides. But it opened everything to question, and what seems the most fundamental and most pervasive in all the ensuing changes is the loss of faith in authority: the authority of government, of science, of patriarchy, of progress, of capitalism, of violence, of whiteness.”

Seems Government Left Change Loss Progress Violence Authority Capitalism Fundamentals Legacy Divides Sixty Patriarchy Whiteness Loss Of Faith

Author:Rebecca Solnit

“In the ideology of the new Silicon Valley, work was for the owned. Play was for the owners. There was a fundamental capitalism at work: While they abhorred the idea of being a wage slave, the young men of Silicon Valley were not trying to tear down the capitalist system. They were trying to become its new masters.”

Men Trying Ideas Play Young Tears Masters Capitalism Fundamentals Slave Ideology Young Man Owners Valleys Capitalist Silicon Silicon Valley Wage Slaves

Book:The Boy Kings: A Journey into the Heart of the Social Network

Source: The Boy Kings: A Journey into the Heart of the Social Network

“In a time in which Communist regimes have been rightfully discredited and yet alternatives to neoliberal capitalist societies are unwisely dismissed, I defend the fundamental claim of Marxist theory: there must be countervailing forces that defend people's needs against the brutality of profit driven capitalism.”

People Needs Has Beens Force Theory Capitalism Claims Fundamentals Profit Driven Alternatives Communist Capitalist Regimes Brutality Marxist Marxist Theory

Author:Cornel West

“Political freedom means the absence of coercion of a man by his fellow men. The fundamental threat to freedom is power to coerce, be it in the hands of a monarch, a dictator, an oligarchy, or a momentary majority. The preservation of freedom requires the elimination of such concentration of power to the fullest possible extent and the dispersal and distribution of whatever power cannot be eliminated — a system of checks and balances.”

Source: Capitalism and Freedom: Fortieth Anniversary Edition

“The first and probably most fundamental aspect of this crisis is that we are now close to the commodification of everything. That is, historical capitalism is in crisis precisely because, in pursuing the endless accumulation of capital, it is beginning to approximate that state of being Adam Smith asserted was 'natural' to man but which has never historically existed. The 'propensity [of humanity] to truck, barter, and exchange one thing for another' has entered into domains and zones previously untouched, and the pressure to expand commodification is relatively unchecked.”

Men Firsts States Humanity Natural One Thing Capitalism Aspect Pressure Crisis Fundamentals Historical Endless Zone Adam Truck Domain Accumulation Propensity Commodification

Author:Immanuel Wallerstein

“The New Deals enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.”

Deals Capitalism Fundamentals Enterprise Enmity New Deal Private Enterprise

Book:The Revolution was

Source: The Revolution was