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Quotes on Capitalism

251 quotes

Capitalism has been interpreted as an exclusively profit-centric human engagement. Some have been saying to bring people and planet into the picture. This can be a good change, but it is still not fully operationalized. Are you putting people, planet and profit at the same level?
Muhammad YunusRead
Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.
Martin Luther King, Jr.Read
..where effective competition can be created, it is a better way of guiding individual efforts than any other... regards competition as superior not only because it is in most circumstances the most efficient method known but even more because it is the only method by which our activities can be adjusted to each other without coercive or arbitrary intervention of authority.
Friedrich August Von HayekRead
It is a matter of record that in the German Election of 1933, the Communist Party was ordered by its leaders to vote for the Nazis - with the explanation that they could later fight the Nazis for power, but first they had to help destroy their common enemy : capitalism and its parliamentary form of government.
Ayn RandRead
The main vice of capitalism is the uneven distribution of prosperity. The main vice of socialism is the even distribution of misery.
Winston ChurchillRead
I'm a capitalist. I believe in capitalism. But capitalism only works if you have safety nets to deal with people who are naturally left behind and brutalized by it.
Thomas FriedmanRead
It is one of the ironies of this strange century that the most lasting results of the October revolution, whose object was the global overthrow of capitalism, was to save its antagonist, both in war and in peace - that is to say, by providing it with the incentive, fear, to reform itself after the Second World War, and, by establishing the popularity of economic planning, furnishing it with some of the procedures for its reform
Eric HobsbawmRead
I hope corporations will dedicate a percentage of their top innovators' time to issues that could help people left out of the global economy. This kind of contribution is even more powerful than giving cash or offering employees' time off to volunteer. It is a focused use of what your company does best. It is a great form of creative capitalism, because it takes the brainpower and makes life better for the richest, and dedicates some of it to improving the lives of everyone else.
Bill GatesRead
Democrats lead in all the polls by at least ten points, except one.. Fox News. That is with a margin of error of plus or minus the facts.
Stephen ColbertRead
Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.
Thomas SowellRead
The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the outcome of the operation of the free market. They are on the contrary the result of well-intentioned but ill-advised government interference with the market.
Ludwig Von MisesRead
Capitalism will behave antisocially if it is profitable for it to do so, and that can now mean human devastation on an unimaginable scale. What used to be apocalyptic fantasy is today no more than sober realism.
Terry EagletonRead
If we return to the two faces of individualism - individualism as the spur of energy, initiative, and imagination; and individualism as the limitless struggle of all against all - it can be seen how the two practices emerge from and limit the extend of the disequilibrating impact of the contradiction involved in the geocultural agenda.
Immanuel WallersteinRead
Feminism involves so much more than gender equality and it involves so much more than gender. Feminism must involve consciousness of capitalism (I mean the feminism that I relate to, and there are multiple feminisms, right). So it has to involve a consciousness of capitalism and racism and colonialism and post-colonialities, and ability and more genders than we can even imagine and more sexualities than we ever thought we could name.
Angela DavisRead
Scientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy reinforced hierarchy. Finally, meritocracy as an operation and scientific culture as an ideology created veils that hindered perception of the underlying operations of historical capitalism.
Immanuel WallersteinRead
The break from the supposedly culturally-narrow religious bases of knowledge in favor of supposedly trans-cultural scientific bases of knowledge served as the self-justification of a particularly pernicious form of cultural imperialism.
Immanuel WallersteinRead
For reforms ameliorate the situation of the working class, they lighten the weight of the chains labour is burdened with by capitalism, but they are not sufficient to crush capitalism and to emancipate the workers from their tyranny.
Clara ZetkinRead
Publicity is the life of this culture - in so far as without publicity capitalism could not survive - and at the same time publicity is its dream.
John BergerRead
In principle as a philosophy, a model of organising society, Communism has to be respected. As regards the use of certain methods to advance social justice and greater regulation by the state, there are certain methods that are useful. What we need is a new society, a new civilization and convergence of all that is best in both [Communism and Capitalism]
Mikhail GorbachevRead
The pornographers are not a deviation from the norm. Their presence in the mainstream shouldn't be surprising, because they represent mainstream values: The logic of domination and subordination that is central to patriarchy, hyper-patriotic nationalism, white supremacy, and a predatory corporate capitalism.
Robert JensenRead
The challenge here is to design a system where market incentives, including profits and recognition, drive those principles to do more for the poor. I like to call this idea creative capitalism, an approach where governments, businesses, and nonprofits work together to stretch the reach of market forces so that more people can make a profit, or gain recognition, doing work that eases the world's inequities.
Bill GatesRead

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