Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.
HENRY GEORGE, Progress and Poverty
Capitalism has resulted in material well-being but spiritual bankruptcy.
JEFFREY EUGENIDES, The Virgin Suicides
Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes.
HOWARD ZINN, A People's History of the United States
Capitalism should not be condemned, since we haven't had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It's not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
RON PAUL, speech, U.S. House of Representatives, Jul. 9, 2002
Capital is money, capital is commodities.... By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.
In the democratic western countries so-called capitalism leads a saturnalia of "freedom," like a bastard brother of reform.
WYNDHAM LEWIS, The Art of Being Ruled
The evolution of the capitalist style of life could be easily--and perhaps most tellingly--described in terms of the genesis of the modern Lounge Suit.
JOSEPH A. SCHUMPETER, Capitalism, Socialism and Democracy
Capitalism has given people both the liberty and the incentive to create, produce, and trade, thereby generating prosperity.
JOHAN NORBERG, In Defense of Global Capitalism
For nearly two centuries, scholars and politicians have debated the future of capitalism. Its critics, most prominent among them Karl Marx, have seen capitalism as intrinsically unstable, full of contradictions that will lead eventually to its collapse. Its supporters see it as the best way to allocate resources and rewards. Some even hint that the democratic capitalistic society is not just a phase in the historical evolution of economic systems but its ultimate end.
RAGHURAM G. RAJAN, Saving Capitalism from the Capitalists
The will of the capitalist is certainly to take as much as possible. What we have to do is not to talk about his will, but to enquire about his power, the limits of that power, and the character of those limits.
KARL MARX, Value, Price, and Profit
The most distinguished advocate and the most distinguished critic of modern captialism were in agreement on one essential point: the job makes the person. Adam Smith and Karl Marx both recognized the extent to which people's attitudes and behaviors take shape out of the experiences they have in their work.
ROSABETH MOSS KANTER, Men and Women of the Corporation
I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.
MARGARET DRABBLE, The Guardian, Jan. 2, 1993
Advanced capitalism has transcended itself. Not to overstate things, financial dealings have practically become a religious activity. The new mysticism. People worship capital, adore its aura, genuflect before Porsches and Tokyo land values. Worshiping everything their shiny Porsches symbolize. It's the only stuff of myth that's left in the world.
HARUKI MURAKAMI, Dance, Dance, Dance
It all looks American because America, the country that invented mass capitalism and consumerism, got there first. The impact of mass capitalism is now universal.
FAREED ZAKARIA, The Post-American World
Capitalism arose and took off its pajamas. Another day, another dollar. Each man is valued at what he will bring in the marketplace. Meaning has been drained from work and assigned instead to remuneration.
DONALD BARTHELME, "The Rise of Capitalism"
I understand that you have an economic system in America known as Capitalism. Through this economic system you have been able to do wonders. You have become the richest nation in the world, and you have built up the greatest system of production that history has ever known. All of this is marvelous, but Americans, there is the danger that you will misuse your Capitalism. I still contend that money can be the root of all evil. It can cause one to live a life of gross materialism. I am afraid that many among you are more concerned about making a living than making a life. You are prone to judge the success of your profession by the index of your salary and the size of the wheel base on your automobile, rather than the quality of your service to humanity.
MARTIN LUTHER KING, JR., sermon delivered at Dexter Avenue Baptist Church in Montgomery, Alabama, Nov. 4, 1956
What is the elephant in all our rooms? It is the global triumph of capitalism. Democracy is fiercely disputed. Freedom is under threat even in old-established democracies such as Britain. Western supremacy is on the skids. But everyone does capitalism. Americans and Europeans do it. Indians do it. Russian oligarchs and Saudi princes do it. Even Chinese communists do it.... Karl Marx would be turning in his grave. Or perhaps not, since some of his writings eerily foreshadowed our era of globalized capitalism. His prescription failed but his description was prescient.
TIMOTHY GARTON ASH, Facts Are Subversive: Political Writing from a Decade Without a Name
Democracy for an insignificant minority, democracy for the rich -- that is the democracy of capitalist society.
VLADIMIR LENIN, The State and Revolution
Marx described the mad, self-enhancing circulation of capital, whose solipsistic path of parthenogenesis reaches its apogee in today's meta-reflexive speculations on futures. It is far too simplistic to claim that the spectre of this self-engendering monster that pursues its path disregarding any human or environmental concern is an ideological abstraction and that behind this abstraction there are real people and natural objects on whose productive capacities and resources capital's circulation is based and on which it feeds like a gigantic parasite. The problem is that this "abstraction" is not only in our financial speculators' misperception of social reality, but that it is "real" in the precise sense of determining the structure of the material social processes: the fate of whole strata of the population and sometimes of whole countries can be decided by the "solipsistic" speculative dance of capital, which pursues its goal of profitability in blessed indifference to how its movement will affect social reality.
SLAVOJ ZIZEK, Violence: Six Sideways Reflections
Moral capitalism is possible; if not, its strictures are only a kind of misleading vanity, the rhetoric of a secular piety.
STEPHEN YOUNG, Moral Capitalism: Reconciling Private Interest with the Public Good
What is to be done? We who are still half alive, living in the often fibrillating heartland of a senescent capitalism -- can we do more than reflect the decay around and within us? Can we do more than sing our sad and bitter songs of disillusion and defeat?
R. D. LAING, introduction, The Politics of Experience
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