David Fleming Quotes
8 Sourced Quotes
It's not necessarily against a system that it collapses, because most systems do collapse in the end. That's a part of the wheel of life - systems do collapse. So I'm to some extent slightly inclined to forgive capitalism for being about to collapse. I mean there are lots of fine things, lots of love affairs and the like which have come to a sticky end. On the other hand, it is quite an accusation - quite hard for it to live down - that it's going to destroy the entire planet with it.
While many principles in economics textbooks are grossly oversimplified with children's-storybook examples, it is also true that they can clarify some of the fundamental economic relationships: e. g. stories about Robinson Crusoe and Man Friday, or about a person whose shopping list contains just the two items – apples and pears, or cummerbunds and kumquats. The trouble is, some people who learn their economics in an engaging scale-model landscape find it hard to leave it. The models of great beauty and complexity which they produce can confirm the richly-misleading potential of absurd assumptions.
I am a capitalist and I am a bit of a right winger, and I think in many ways the system we have got at the moment is really not a bad system. I think capitalism is a good thing. The only problem with capitalism is that it destroys the planet, and that it's based on growth. I mean apart from those two little details it's got a lot to be said in its favour.