Capitalist Quotes

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Political statements all have a battle flavour - attack, counter-attack, defence. Left political statements generally have a counter-attack flavour, though the Conservative flavour is not attack but defence. A large part of Left rhetoric is spent in imposing the 'attack' flavour on the Conservative position (for example, in such phrases as: 'inspired Capitalist opinion', 'predatory imperialist interests', 'the ruling financial oligarchy').

Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like political freedom: the typical state of mankind is tyranny, servitude, and misery. The nineteenth century and early twentieth century in the Western world stand out as striking exceptions to the general trend of historical development. Political freedom in this instance clearly came along with the free market and the development of capitalist institutions. So also did political freedom in the golden age of Greece and in the early days of the Roman era.
History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Milton Friedman

A second variety concentrated on presumed major transformations of the capitalist system as of some recent point in time, in which the whole earlier point of time served as a mythologized foil against which to treat the empirical reality of the present.

Immanuel Wallerstein

Efficient financial regulation theories necessarily derive from lucid postulates about the general invariability of human nature, specifically where financial institution executives are involved (see the latest contributions from the field of evolutionary psychology). There is little chance that this will change much over the next few decades -but it is no use complaining, seeing as greed has always been (and will always be) one of the most powerful drivers of capitalist progress.

It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.

Michał Kalecki

In my view—and that of most contemporary economists, I believe—Schumpeter's most original and most lastingly significant book was Theory of Economic Development, which appeared in 1911 (and was translated into English in 1934). It was at the University of Czernowitz, not far from the beginning of his career as an economist, that he worked out his conception of the entrepreneur, the maker of new combinations, as the driving force and characteristic figure of the fits-and-starts evolution of the capitalist economy. He was explicit that, while technological innovation was in the long run the most important function of the entrepreneur, organizational innovation in governance, finance, and management was comparable in significance.

It is, they say, not Russia that plans aggression but, on the contrary, the decaying capitalist democracies. Russia wants merely to defend its own independence. This is an old and well-tried method of justifying aggression. Louis XIV and Napoleon I, Wilhelm II and Hitler were the most peace-loving of all men. When they invaded foreign countries, they did so only in just self-defence. Russia was as much menaced by Estonia or Latvia as Germany was by Luxemburg or Denmark.

Ludwig von Mises

the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development.

Though the framework is libertarian and laissez-faire, individual communities within it need not be, and perhaps no community within it will choose to be so. Thus, the characteristics of the framework need not pervade the individual communities. In this laissez-faire system it could turn out that though they are permitted, there are no actually functioning "capitalist" institutions; or that some communities have them and others don't or some communities have some of them, or what you will.

I'm the only guy who actually invented anything of the judges. They got a couple of advertising hacks, and a venture capitalist.

To say that we could not work without capital is as true as to say that we could not mow without a scythe. To say that we could not work without a capitalist is as false as to say that we could not mow a meadow unless all the scythes belonged to one man. Nay, it is as false as to say that we could not mow unless all the scythes belonged to one man and he took a third of the harvest as payment for the loan of them.

Robert Blatchford

The self-discipline of the Social Democracy is not merely the replacement of the authority of bourgeois rulers with the authority of a socialist central committee. The working class will acquire the sense of the new discipline, the freely assumed self-discipline of the Social Democracy, not as a result of the discipline imposed on it by the capitalist state, but by extirpating, to the last root, its old habits of obedience and servility.

We can tentatively credit capitalist civilization with a positive, if very geographically uneven, record in the struggle against disease.

Immanuel Wallerstein

Just the other day, I was in my neighborhood Starbucks, waiting for the post office to open. I was enjoying a chocolatey cafe mocha when it occurred to me that to drink a mocha is to gulp down the entire history of the New World. From the Spanish exportation of Aztec cacao, and the Dutch invention of the chemical process for making cocoa, on down to the capitalist empire of Hershey, PA, and the lifestyle marketing of Seattle's Starbucks, the modern mocha is a bittersweet concoction of imperialism, genocide, invention, and consumerism served with whipped cream on top. No wonder it costs so much.

Human beings are not efficiently designed for a capitalist system of production.

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.

In fact rock, rather than being an example of how freedom can be achieved within the capitalist structure, is an example of how capitalism can, almost without conscious effort, deceive those whom it oppresses.... So effective has the rock industry been in encouraging the spirit of optimistic youth take-over that rock's truly hard political edge, its constant exploration of the varieties of youthful frustration, has been ignored and softened.

Marx's prognosis of the future of the capitalist system has often been understood to imply a fatalistic view. Marx's own life should be enough to show that this is not so. Marx did not regard man as the impotent plaything of supernatural; but he thought that man could not ignore the laws of physical nature.

Eric Roll, Baron Roll of Ipsden

The capitalist mode acts to accumulate capital through the hiring of labor power, but is marked by the cyclical alternation of labor mobilization and labor displacement; each intake of labor power uproots some prior adaptation, while each sloughing off of labor power creates a new cohort of the unemployed.

... If you could ever get the poor to vote in this country, you'd have socialism. But people want to think rich. That's the genius of the capitalist system: either you're rich, or you want to be, or you think you ought to be.

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 Schumpeter

We need to change the system. We need to overthrow, not the government, as the authorities are always accusing the Communists 'of conspiring to teach [us] to do,' but this rotten, decadent, putrid industrial capitalist system which breeds such suffering in the whited sepulcher of New York.

He enlarged perceptibly the scope for debate, liberalized appreciably the intellectual and cultural life of the country and proclaimed the obvious truth that, after an atomic exchange, little would distinguish the Communist ashes from the capitalist ashes.

John Kenneth Galbraith

The capitalist distribution network, a complex chain of factory, transport, warehouse and retail outlet, is one of the greatest male accomplishments in the history of culture.

The key to the defeat and eventually the end of imperialism as a a whole is the unity of all socialist countries and progressive forces in capitalist countries.