Quotes About Capitalism

it looked like the centuries-long wrestling match between state and capital had ended in a decisive victory for capital. Possibly

Sellers offer stuff, buyers buy it, and in the flux of supply and demand the price gets determined. It's crowdsourced, it's democratic, it's capitalism, it's the market.

Rent goes to people who are not creators of value, but predators on the creation and exchange of value.

Capitalism: after a long and vigorous life, now incurable, living in pain. In a coma; become a zombie; without a plan; without any hope of returning to health. So you put it out of its misery.

the way bubbles work is structurally identical to Ponzi schemes—what a coincidence!—and indeed it's another amazing coincidence how much the entire capitalist economy resembles in its basic structure either a Ponzi scheme or a bundle of Ponzi schemes.

You will only repeat the socialist catastrophe!" Vlad shrugged. "Don't be too hasty to judge that period. The socialist countries were under assault from capitalism without and corruption within, and no system could survive that. We must not throw the baby socialism out with the Stalinist bathwater, or we lose many concepts of obvious fairness that we need. Earth is in the grip of the system that defeated socialism, and it is clearly an irrational and destructive hierarchy.

Götterdämmerung capitalism

There exists no "invisible hand"—that was always an unfortunate turn of phrase—but billions of highly visible fingers, doing, purely for personal gain, what others will freely barter for, with the sole object of improving their lives and those of their children.

Every relationship can feel saturated by market logic or at best purchased at the price of the immiseration of others.

Capitalism is a purely cultic religion, perhaps the most extreme that ever existed.

Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior.

churches, like all the rest of our major institutions, are rooted in capitalism. For a church to attack capitalism is to 'bite the hand that feeds it.

Wait and see whether the religion of the Servile State is not in every case what I say: the encouragement of small virtues supporting capitalism, the discouragement of the huge virtues that defy it.

We may be sure that out of the ruins of our capitalist civilization a new religion will emerge, just as Christianity emerged from the ruins of the Roman civilization.

Dr. King once said, "You cannot legislate goodness, and you cannot pass a law to force someone to respect you. The only way to social justice, in a capitalist country, is through economic parity."

The market economy as such does not respect political frontiers. Its field is the world.

Rejecting predatory capitalism in America is a way to respect and honor America.

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.

Moral capitalism is possible; if not, its strictures are only a kind of misleading vanity, the rhetoric of a secular piety.

Capitalism did not defeat communism because capitalism was more ethical, because individual liberties are sacred or because God was angry with the heathen communists. Rather, capitalism won the Cold War because distributed data processing works better than centralised data processing, at least in periods of accelerating technological change.

Some religions, such as Christianity and Nazism, have killed millions out of burning hatred. Capitalism has killed millions out of cold indifference coupled with greed.

Behind this monstrous shield, liberal democracy and the free market managed to hold out in their last bastions, and Westerners could enjoy sex, drugs and rock and roll, as well as washing machines, refrigerators and televisions. Without nukes, there would have been no Woodstock, no Beatles and no overflowing supermarkets. But in the mid-1970s it seemed that nuclear weapons notwithstanding, the future belonged to socialism.

Even worse, greedy bosses might curtail the workers' freedom of movement through debt peonage or slavery. At the end of the Middle Ages, slavery was almost unknown in Christian Europe. During the early modern period, the rise of European capitalism went hand in hand with the rise of the Atlantic slave trade. Unrestrained market forces, rather than tyrannical kings or racist ideologues, were responsible for this calamity.

A Christian may be a capitalist as easily as a socialist, and even though a few things Jesus said smack of downright communism, during the Cold War good American capitalists went on reading the Sermon on the Mount without taking much notice.