Quotes About Capitalism

It is no exaggeration to say that the rich own most of what there is that is not nailed down.

It is fatal for a capitalist government to have principles. It must be opportunistic in the best sense of the word, living by accommodation and good sense. If a monarchical, plutocratic or other analogous form of government has principles, it will fall.

In 1939, Keynes had doubted whether 'capitalistic democracy' would ever be willing to make the 'grand experiment' which would prove his theory. In war the experiment was made, and the theory worked. The economy was run at full capacity with only very moderate inflation.

The theories that drunkenness, laziness or inefficiency are the causes of poverty are so many devices invented and fostered by those who are selfishly interested in maintaining the present states of affairs, for the purpose of preventing us from discovering the real causes of our present condition.

Apakah di Wall Street atau di sebuah lingkungan kumuh di Surabaya, tidak ada kapitalisme tanpa artikulasi lokal.

The profit motive, commercialism, public relations, marketing, and advertising—all defining features of contemporary corporate capitalism—are foundational to any assessment of how the Internet has developed and is likely to develop. Any attempt to make sense of democracy divorced from its relationship to capitalism is dubious.

The quasi-mythical competitive "free market" provides an overpowering metaphor for a free and efficient economy, but it has little to do with real-world capitalism. As Charles E. Lindblom put it, conventional wisdom continually "stumbles" and is incapable of grasping capitalism as a system, "because the market's dazzling benefits half blind it to the defects.

because mainstream scholarship simply accepted capitalism as the same as democracy and the only possible economic system, scholarship that emphasized political economy was left to those who were by definition radicals, which increased its likelihood of being stigmatized as "ideological" and "unscientific.

This may be the great Achilles' heel of the Internet under capitalism: the money comes from surreptitiously violating any known understanding of privacy.

we should in the interests of accuracy refer not to 'democratic free market capitalism' but to 'plutocratic impunity capitalism'.

el fracaso del marxismo no está en que haya sido mal aplicado a la realidad, sino a sus propias bases epistemológicas y gnoseológicas, por decirlo de algún modo, y al hecho de que Marx jamás pudo imaginar el potencial económico, tecnológico y democrático que encerraba el capitalismo, el mercado, la libertad.

CHARLIE Have you ever wondered—I am being devil's advocate now—if just possibly he hadn't "capitalized," so to speak, on the backwardness he found here? MARTA (Tightly) Mr. Morris, I am not a very complicated person. I believe that people are what they do. You may think it simple-minded of me if you like—but if you don't understand the depth of his sacrifice merely by being here—

Money has no religion except itself.

Small bookstores have the romance of doomed intimate spaces about to be erased by unfettered capitalism.

What Rockefeller had accomplished in oil a generation earlier was now being imitated in steel, copper, rubber, tobacco, leather, and other products

if they refrained from rate-cutting and cutthroat competition, the financiers would stop underwriting competing railways.

Thus, Rockefeller and other industrial captains conspired to kill competitive capitalism in favor of a new monopoly capitalism.

Rockefeller sounded more like Karl Marx than our classical image of the capitalist. Like the Marxists, he believed that the competitive free-for-all eventually gave way to monopoly and that large industrial-planning units were the most sensible way to manage an economy. But while Rockefeller had faith in such private monopolies, the Marxists saw them as merely halfway houses on the road to socialism.

Standard Oil had taught the American public an important but paradoxical lesson: Free markets, if left completely to their own devices, can wind up terribly unfree. Competitive capitalism did not exist in a state of nature but had to be defined or restrained by law.

A capitalist society requires certain preconditions. Among other things, it must establish a rule of law through enforceable contracts; respect private property; create a trustworthy bureaucracy to arbitrate legal disputes; and offer patents and other protections to promote invention

For Rockefeller, it was dogma that prices should reflect true market values, not the buyer's ability to pay, and nothing upset him more than the notion that a rich man should pay a premium on his hard-earned wealth.

Capitalism lures us onward like the mechanical hare before the greyhounds, insisting that the economy is infinite and sharing therefore irrelevant. Just enough greyhounds catch a real hare now and then to keep the others running till they drop. In the past it was only the poor who lost this game; now it is the planet.

The reform that is needed is not anti-capitalist, anti-American, or even deep environmentalist; it is simply the transition from short-term to long-term thinking.

The United States was founded as a capitalist state and an empire on conquered land, with capital in the form of slaves, hence the term chattel slavery; this was exceptional in the world and has remained exceptional. The capitalist firearms industry was among the first successful modern corporations. Gun proliferation and gun violence today are among its legacies.