Capitalism Quotes - Page 11

• The spread of evil is the symptom of a vacuum. Whenever evil wins, it is only by default: by the moral failure of those who evade the fact that there can be no compromise on basic principles.

  Ayn Rand

  Winning, Evil, Hatred

  Ayn Rand (1988). “The Ayn Rand Lexicon: Objectivism from A to Z”, p.170, Penguin

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• The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning.

  Ludwig von Mises

  Strong, Capitalist Economy, Desire

  Ludwig von Mises (2016). “Socialism - An Economic and Sociological Analysis: The Economist”, p.336, VM eBooks

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• The characteristic feature of capitalism that distinguishes it from pre-capitalist methods of production was its new principle of marketing. Capitalism is not simply mass production, but mass production to satisfy the needs of the masses.

  Ludwig von Mises

  Marketing, Principles, Needs

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• Is still fulfilling its social function in supplying the consumers with more, better and cheaper goods.

  Ludwig von Mises

  Social, Function, Goods

  Ludwig Von Mises (1947). “Planned Chaos”, p.11, Ludwig von Mises Institute

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• 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.

  Ron Paul

  Sound, Saving, Credit

  Ron Paul (2008). “Pillars of Prosperity: Free Markets, Honest Money, Private Property”, p.43, Ludwig von Mises Institute

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• I believe capitalism will eventually be replaced by a communitarian ethic where the rights and care of all beings will be taken into consideration, not just the greed of a corporate few.

  Terry Tempest Williams

  Believe, Taken, Rights

  Terry Tempest Williams (2006). “A voice in the wilderness: conversations with Terry Tempest Williams”, Utah State Univ Pr

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• It only stands to reason that where there's sacrifice, there's someone collecting the sacrificial offerings. Where there's service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.

  Ayn Rand

  Sacrifice, Men, Offering

  Ayn Rand (2005). “The Fountainhead”, p.677, Penguin

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• I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.

  Ayn Rand

  Life, Relationship, Bad Ass

  Atlas Shrugged pt. 3, ch. 1 (1957)

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• The early industrialists were for the most part men who had their origin in the same social strata from which their workers came. They lived very modestly, spent only a fraction of their earnings for their households and put the rest back into the business.

  Ludwig von Mises

  Men, Earning, Social

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• In spite of the anticapitalistic policies of all governments and of almost all political parties, the capitalist mode of production

  Ludwig von Mises

  Party, Government, Political

  Ludwig Von Mises (1947). “Planned Chaos”

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• From the smallest necessity to the highest religious abstraction, from the wheel to the skyscraper, everything we are and everything we have comes from one attribute of man - the function of his reasoning mind.

  Ayn Rand

  Religious, Men, Mind

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• One must not allow oneself to skid down to isolationism and unbridled economic egoism. ... The second possible mistake would be excessive interference into the economic life of the country. And the absolute faith into the all-mightiness of the state.

  Vladimir Putin

  Country, Honesty, Mistake

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• Capitalism might be defined, if we wish to be scientific, as a form of economic organization motivated by the pursuit of profit within a price structure.

  Carroll Quigley

  Organization, Wish, Might

  Carroll Quigley (1979). “The evolution of civilizations: an introduction to historical analysis”, Liberty Fund Inc.

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• When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.

  Carroll Quigley

  Division Of Labor, Common, Process

  "The Evolution of Civilizations". Book by Carroll Quigley, Second Edition 1979, Chapter 8, Canaanite and Minooan Civilizations, p. 241, 1961.

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• Social Democracy preached against capitalism for half a century. After the November revolution the Reds had the opportunity to direct capitalism into the proper paths: but nothing happened!

  Julius Streicher

  Opportunity, Democracy, Half

  "Kampf dem Weltfeind", Stürmer publishing house, Nuremberg, 1938.

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• Think about the strangeness of today's situation. Thirty, forty years ago, we were still debating about what the future will be: communist, fascist, capitalist, whatever. Today, nobody even debates these issues. We all silently accept global capitalism is here to stay. On the other hand, we are obsessed with cosmic catastrophes: the whole life on earth disintegrating, because of some virus, because of an asteroid hitting the earth, and so on. So the paradox is, that it's much easier to imagine the end of all life on earth than a much more modest radical change in capitalism.

  Slavoj Žižek

  Thinking, Hands, Years

  "Mapping Ideology" by Slavoj Žižek, p.1, 1994.

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• There is an old joke about socialism as the synthesis of the highest achievements of the whole human history to date: from prehistoric societies it took primitivism; from the Ancient world it took slavery; from medieval society brutal domination; from capitalism exploitation; and from socialism the name.

  Slavoj Žižek

  Names, Achievement, World

  Vladimir Ilʹich Lenin, Slavoj Žižek (2002). “Revolution at the Gates: A Selection of Writings from February to October 1917”, p.311, Verso

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• The workers of America have power enough to topple the structure of capitalism at home and to lift the whole world with them when they rise.

  James P. Cannon

  Home, America, World

  "The Struggle for a Proletarian Party". Book by James P. Cannon, 1943.

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• The American capitalists are richer and stronger than their counterparts in other lands. They are also younger and more ignorant, and therefore more inclined to seek a rough settlement of difficulties without diplomatic subtlety and finesse. All that does not change the fact that American capitalism operates according to the same laws as the others, is confronted with the same fundamental problems, and is headed toward the same catastrophe.

  James P. Cannon

  Law, Land, Ignorant

  "Fascism and The Workers’ Movement". The Militant, www.marxists.org. March-April 1954.

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• One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.

  Eliot Spitzer

  Lying, Competition, Likes

  "How Wall Street Scams Counties Into Bankruptcy" by William D. Cohan, www.bloomberg.com. July 02, 2012.

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• Factory workers are not working for capitalism, they are working for a living wage.

  Bernard Crick

  Factory Workers, Factories, Working For A Living

  Bernard Crick (1993). “In Defense of Politics”, p.240, University of Chicago Press

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• If we add state capitalism to the Bush administration's success in eroding both the US Constitution and the power of Congress, we may be witnessing the final death of accountable constitutional government.

  Paul Craig Roberts

  Government, Finals, Add

  Paul Craig Roberts (2010). “How the Economy was Lost: The War of the Worlds”, p.1977, AK Press

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• When the press writes scare stories about the global labor supply draining jobs from rich to poor places, the story is usually presented as a "race to the bottom" simply in terms of wages. Capitalism supposedly looks for labor wherever labor is cheapest. This story is half wrong. A kind of cultural selection is also at work, so that jobs leave high-wage countries like the United States and Germany, but migrate to low-wage economies with skilled, sometimes overqualified workers.

  Richard Sennett

  Country, Jobs, Writing

  Richard Sennett (2007). “The Culture of the New Capitalism”, p.87, Yale University Press

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• The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.

  Joan Robinson

  Nature, Money, Work

  Joan Robinson (1967). “Essay on Marxian Economics”, p.1, Springer

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• Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.

  Joan Robinson

  Sheep, Giving, Hatred

  Joan Robinson (1967). “Essay on Marxian Economics”, p.22, Springer

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