It is one of history's great ironies that capitalists built decent and humane societies on the basis of an amoral approach to the economics of pricing, whereas socialists built exploitative and inhumane societies on the basis of a morally inflamed approach to economics.
The consumers are merciless. They never buy in order to benefit a less efficient producer and to protect him against the consequences of his failure to manage better. They want to be served as well as possible. And the working of the capitalist system forces the entrepreneur to obey the orders issued by the consumers.
Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.
The capitalist system, in spite of all obstacles put in its way by governments and politicians, has raised the standard of living of the masses in an unprecedented way.
Public opinion takes no offense at the endeavors of farmers, workers, clerks, teachers, doctors, ministers, and people from many other callings to earn as much as they can. But it censures the capitalists and entrepreneurs for their greed.
A single charitable foundation started by one capitalist does more good than a world full of socialists and leftists. Think Carnegie and his libraries, or Sloan and Kettering their hospital, or Gates in Africa.
Nobody planned the global capitalist system, nobody runs it, and nobody really comprehends it. This particularly offends intellectuals, for capitalism renders them redundant. It gets on perfectly well without them.
Capitalists have done more good for society through their charitable giving, philanthropy and generosity than all their critics combined.
A 'social justice' society is a conflict which locks beneficiaries and victims alike in a struggle without end. It becomes a society torn apart by resentment over the wealth of capitalists.
When I see the mostly young people of Occupy Wall Street - a mixture of the bored, the nihilistic, the seekers of excitement, the left-wing true believers, the confused idealists and those hoping to engage in violence - railing against the rich capitalists on Wall Street, I get worried. Because the hatred they express toward the rich is similar to that expressed against the rich by Stalin, Mao and Pol Pot. Of course, these people are not comparable to those killers. But class hatred must lead to bad things. That is why President Obama is playing with fire with his attacks on the rich.
The government is somewhat inept, but the private sector is inept in general. How many companies do venture capitalists invest in that go poorly? By far most of them. However, every once in a while a Google or a Microsoft comes out, so people keep giving them money.
Behind every liberal philanthropist fortune is a huge capitalist score. Bill Gates and Warren Buffett can afford now to be liberal - an expensive indulgence - because in their early incarnations they were no-holds-barred capitalists who made lots of enemies conducting business without mercy and in search of pure profit.
The increase of social wealth is not accompanied by a diminishing number of capitalist magnates, but by an increasing number of capitalists of all degrees.
Government-to-government aid rests on socialistic assumptions and promotes socialism and stagnation, whereas private foreign investment rest on capitalist assumptions and promotes private enterprise and maximum economic growth.
You can travel from one end of the industrialized world to the other and almost the only people you will find engaging in backbreaking toil are people who are doing it for sport. To find people whose day's toil has not been lightened by mechanical invention, you must go to the non-capitalist world.
The effect of capitalism is to steer human selfishness so that, through the invisible hand of competition, the energies of the capitalist produce the abundance from which the whole society benefits.
On the silver screen, capitalists are usually vilified as greedy and heartless, while statists of every stripe are depicted as selfless, romantic idealists who only want to help people.
The crucial role of the rich in a capitalist economy is... to invest; to provide unencumbered and unbureaucratized cash.
What I don't like about America is not necessarily an American thing; it's a capitalist thing. This is the Vatican of capitalism.
Poetry at large in America is naturally a reflection of the American system and culture. That's my possibly narrow view of it, or reductive view. But I think for as many portals for critical consciousness in the poetry world and in the American spirit that exist, there's also an over-arching, dominant mirroring, in poetry, of the corporate structure, the capitalist enterprise.
Nobody has to tell me about the glories of the capitalist system. But what concerns me is that there no longer seems to be a commitment to make the opportunities afforded by technology and capitalism universally accessible.
He who before was the money owner, now strides in front as capitalist; the possessor of labor-power follows as his laborer. The one with an air of importance, smirking, intent on business; the other hesitant, like one who is bringing his own hide to market and has nothing to expect but a hiding.
If you take psychedelics and the Internet and music and put all of that together you have the basis for a new community that is wider and deeper than you know. The people who are building the new machines, who are designing the new circuitry, who are writing the new code are ALL freaks. They work for capitalist dogs, of course, because we all do, but the creative thrust of these technologies is being driven by people just like you and me.
Dancing in public spaces and moving your body freely in a public space is reclaiming what was taken from you when you were violated. The energy of that - you can't capture it, you can't own it. Capitalists can't buy it.It can't be sold. It can't be monetized. And that's why I think it's so powerful.
As someone from the working class I was always interested in Russia and China and everything that related to the working class, even though I was playing the capitalist game.
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