Capitalism Quotes - Page 37

• Sharia has become an increasingly significant force in American capitalism, thanks to the embrace by Wall Street and the U.S. government of so-called Sharia-Compliant Finance. Indeed, this country's taxpayers now own the largest purveyor of sharia-compliant insurance products in the world: AIG.

  Frank Gaffney

  Country, Wall, Government

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• The success of Prozac says that today's high-tech capitalism values a very different temperament. Confidence, flexibility, quickness, and energy - the positive aspects of hyperthymia - are at a premium.

  Peter D. Kramer

  Energy, Different, Culture

  Peter D. Kramer (1994). “Listening to Prozac”, Sage

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• Marriage is the last sacrament available to modern man, and with the terrible destruction of interpersonal relations by capitalism and its war-making State, it is not very available, nor is it surely enduring. But then, vision does not come with guarantees.

  Kenneth Rexroth

  War, Men, Vision

  "An Autobiographical Novel". Book by Kenneth Rexroth. Chapter: "World War II", www.bopsecrets.org. 1991.

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• The brilliant creative core of capitalism ... is the story the entrepreneurs and capital investors tell themselves about the future. How they intend to alter it, what they expect to gain in return, where they will raise the capital to accomplish their vision. Many of their stories turn out to be flawed or mistaken, of course, but the capacity to envision a set of future events and then act to fulfill them is a central source of capitalism's strength and its dominance of society.

  William Greider

  Entrepreneur, Creative, Vision

  William Greider (2003). “The Soul of Capitalism: Opening Paths to a Moral Economy”, p.311, Simon and Schuster

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• If you bail out every investment bank that gets in trouble, that's not capitalism, that's socialism for the rich

  Jim Rogers

  Bail, Trouble, Socialism

  "Jim Rogers: 'Abolish the Fed'". www.cnbc.com. March 12, 2008.

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• Capitalism cannot survive without a working class, while the working class can flourish a lot more freely without capitalism.

  Terry Eagleton

  Class, Working Class

  "Why Marx Was Right". Book by Terry Eagleton, 2011.

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• The liberal state is neutral between capitalism and its critics until the critics look like they are winning.

  Terry Eagleton

  Winning, Looks, States

  "Why Marx Was Right". Book by Terry Eagleton, 2011.

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• Capitalism is the sorcerer's apprentice: it has summoned up powers which have spun wildly out of control and now threaten to destroy us.The task of socialism is not to spur on those powers but to bring them under rational human control.

  Terry Eagleton

  Spurs, Tasks, Socialism

  "Why Marx Was Right". Book by Terry Eagleton, 2011.

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• A Jesuit once wrote a note to Father Arrupe, his superior general, asking him about the relative value of communism, socialism and capitalism. Father Arrupe gave him a lovely reply. He said, "A system is about as good or as bad as the people who use it." People with golden hearts would make capitalism or communism or socialism work beautifully.

  Anthony de Mello

  Father, Heart, Relative Value

  Anthony De Mello (2011). “Awareness: Conversations with the Masters”, p.151, Image

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• If capitalism begins as the practical idealism of the aspiring bourgeoisie, it ends ... as an orgy of materialism.

  Talcott Parsons

  Bourgeoisie, Materialism, Ends

  Max Weber, Talcott Parsons (2003). “The Protestant Ethic and the Spirit of Capitalism”, p.3, Courier Corporation

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• Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.

  Ron Paul

  Ignorance, Leader, Excess

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

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• To condemn free-market capitalism because of anything going on today makes no sense. There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names — Keynesian inflationism, interventionism, and corporatism.

  Ron Paul

  Party, Names, Political

  Ron Paul (2008). “Pillars of Prosperity: Free Markets, Honest Money, Private Property”, p.44, Ludwig von Mises Institute

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• I find Chinese debates about their political system domestically, but also about China's claims in the international system, to be among the most original and surprising and exciting of our time. The starting point is a system that none of us had anticipated, which I call Leninist capitalism, but also obviously because it is the most important emerging power. The question of China's relations with the United States in particular, and the rest of the world in general, is the question of war and peace in the 21st century.

  Timothy Garton Ash

  War, Political, Chinese

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• 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 globalised capitalism. His prescription failed but his description was prescient.

  Timothy Garton Ash

  Writing, Elephants, Chinese

  "Global capitalism now has no serious rivals. But it could destroy itself" by Timothy Garton Ash, www.theguardian.com. February 21, 2007.

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• Now you have to ask a question - is that really, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that in fact somehow a little bit of a flawed system? And so I do draw distinction between looting a company, leaving behind broken families and broken neighborhoods and then leaving a factory that should be there.

  Newt Gingrich

  People, Broken, Leaving

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• I am surprised to see that today everything that does not amount to surrender pure and simple to generalized capitalism, let us call it thus, is considered to be archaic or old-fashioned, as though in a way there existed no other definition of what it means to be modern than, quite simply, to be at all times caught in the dominant forms of the moment.

  Alain Badiou

  Mean, Simple, Today

  "Can Change Be Thought? A Dialogue with Alain Badiou by Bruno Bosteels". "Alain Badiou: Philosophy And Its Conditions", Book edited by Gabriel Riera, 2005.

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• Everyday I become more convinced, there is no doubt in my mind, and as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can't be transcended from with capitalism itself, but through socialism, true socialism, with equality and justice. I'm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.

  Hugo Chavez

  Justice, Doubt, Everyday

  "Venezuela’s Chavez Closes World Social Forum with Call to Transcend Capitalism". Hugo Chavez's closing speech at the World Social Forum in Porto Alegre, Brazil, venezuelanalysis.com. January 31, 2005.

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• American capitalism finds its sharpest and most expressive reflection in the American cinema.

  Sergei Eisenstein

  Reflection, Cinema, Film

  Sergei Eisenstein (1964). “Film form: essays in film theory, and The film sense”

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• The people of the United States will not tolerate another deep depression that arises not from any lack of natural resources, productive capacity or man and brain power, but solely from imperfections in the functioning of the system of finance capitalism.

  Benjamin Graham

  Men, People, Imperfection

  "Storage and Stability". Book by Benjamin Graham, Part V, Chapter XIX, The Reservoir Plan and Tradition, p. 234, 1937.

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• Capital, like capitalism, seems an overrated category.

  Ernest Gellner

  Categories, Overrated, Seems

  Ernest Gellner, John Breuilly (2008). “Nations and Nationalism”, p.94, Cornell University Press

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• The people's community must not be a mere phrase, but a revolutionary achievement following from the radical carrying out of the basic life needs of the working class. A ruthless battle against corruption! A war against exploitation, freedom for the workers! The elimination of all economic-capitalist influences on national policy...Maintaining a rotten economic system has nothing to do with nationalism, which is an affirmation of the Fatherland. I can love Germany and hate capitalism. Not only can I, I must.

  Joseph Goebbels

  War, Hate, Class

  "Those Damned Nazis" by Joseph Goebbels, Mjölnir, 1932.

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• Everybody wasn't always wasted. Why is punk rock about getting wasted? Isn't it punk rock to be sober and change the world? I thought it was about challenging capitalism? How are you going to challenge capitalism if you're wasted?

  Kathleen Hanna

  Rocks, Challenges, World

  Interview with Nina Corcoran, allstonpudding.com.

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• I talked a lot early on in my career about intersectionality and how racism and classism and sexism and homophobia and capitalism are all connected with each other, and they're these crazy systems that are feeding on each other and are also damaging. I can't even go into the whole spectrum of it. But I feel like kids today are so much more savvy about that conversation. And I'm so thrilled when I get to meet younger people who are doing that so much better than I did.

  Kathleen Hanna

  Crazy, Kids, Careers

  "Kathleen Hanna And Sini Anderson On SXSW’s THE PUNK SINGER". Interview with Meredith Borders, birthmoviesdeath.com. March 20, 2013.

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• Profit margins are probably the most mean-reverting series in finance, and if profit margins do not mean-revert, then something has gone badly wrong with capitalism. If high profits do not attract competition, there is something wrong with the system and it is not functioning properly.

  Jeremy Grantham

  Mean, Competition, Gone

  "Warren Buffett And Jeremy Grantham Are Right About Profit Margins" by Baijnath Ramraika and Prashant Trivedi, www.advisorperspectives.com. November 11, 2014.

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• I think the notion...that liquidity is this - of tradable common stock - is a great contributor to capitalism - I think that is mostly twaddle... The liquidity gives us these crazy booms, which have many problems as well as virtues.

  Charlie Munger

  Crazy, Thinking, Giving

  BRK Annual Meeting, Afternoon Session, buffett.cnbc.com. May 1, 2004.

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