Capitalism Quotes

There can be no return to prosperity while the government (of Ontario) believes that taking money from the people who have earned it and giving it away to the people who haven't in exchange for their votes and regardless of merit is the essence of fairness.

The error in this conclusion may be most simply demonstrated by means of an actual example. Let us select for this purpose the monetary history of Austria, which Laughlin also uses as an illustration. From 1859 onwards the Austrian National Bank was released from the obligation to convert its notes on demand into silver, and nobody could tell when the State paper-money issued in 1866 would be redeemed, or even if it would be redeemed at all. It was not until the later 'nineties that the transition to metallic money was completed by the actual resumption of cash payments on the part of the Austro-Hungarian Bank.

To business that we love we rise betime And go to it with delight.

Our minds become slaves to those we see as having total power to control us and to cause pain to us. We are quick to give up control of ourselves to those who have the power to rule us as long as they also have the power to feed us. This is the fundamental construct of a feudal society.

The people come to understand that wealth is not the fruit of labour but the result of organised, protected robbery. Rich people are no longer respectable people; they are nothing more than flesh eating animals, jackals and vultures which wallow in the people's blood.

Capitalism is rotten at every level, and yet it adds up to something extraordinarily useful for society over time. The paradox of capitalism is that adding a bunch of bad-sounding ideas together creates something incredible that is far more good than bad. Capitalism inspires people to work hard, to take reasonable risks, and to create value for customers. On the whole, capitalism channels selfishness in a direction that benefits civilization, not counting a few fat cats who have figured out how to game the system. You have the same paradox with personal energy. If you look at any individual action that boosts your personal energy, it might look like selfishness. Why are you going skiing when you should be working at the homeless shelter, you selfish bastard! My proposition is that organizing your life to optimize your personal energy will add up to something incredible that is more good than bad.

In a hierarchy every employee tends to rise to his level of incompetence.

You should not have too many people waiting on you, you should have to do most things for yourself. Hotel service is embarrassing. Maids, waiters, bellhops, porters and so forth are the most embarrassing people in the world for they continually remind you of inequities which we accept as the proper thing. The sight of an ancient woman, gasping and wheezing as she drags a heavy pail of water down a hotel corridor to mop up the mess of some drunken overprivileged guest, is one that sickens and weighs upon the heart and withers it with shame for this world in which it is not only tolerated but regarded as proof positive that the wheels of Democracy are functioning as they should without interference from above or below. Nobody should have to clean up anybody else’s mess in this world. It is terribly bad for both parties, but probably worse for the one receiving the service.

Capitalism means that a few people will do very well, and the rest will serve the few.

I wonder of what you must daily endure in America, having no government to protect you, no one to tell you what to do. Is it true you're given no ration card, that you must find food for yourself? Is it true that you labor for no higher purpose than paper money? What is California, this place you come from? I have never seen a picture. What plays over the American loudspeakers, when is your curfew, what is taught at your child-rearing collectives? Where does a woman go with her children on Sunday afternoons, and if a woman loses her husband, how does she know the government will assign her a good replacement? With whom would she curry favor to ensure her children got the best Youth Troop leader?

Most every charge you level at American capitalism applies with equal force to communism, with this nice difference, that the Reds make no pretense at such frivolities as civil liberties or environmentalism. The differences in degree are so great that they result in a radical difference in kind.

Why will the Structure allow every other kind of sexual behavior but that one? Because submission and dominance are resources it needs for its very survival. They cannot be wasted in private sex. In any kind of sex. It needs our submission so that it can co-opt us into its own power game. There is no joy in it, only power. I tell you, if S and M could be established universally, at the family level, the State would wither away.

Because like all whores you value propriety. You are creature of capitalism, the ethics of which are so totally corrupt and hypocritical that your beauty is no more than the beauty of gold, which is to say false and cold and useless.

I don't believe in just ordering people to do things. You have to sort of grab an oar and row with them.

In the history of enterprise most of the protagonists of major new products and companies began their education - not in the classroom where the old ways are taught but in the factories and labs where new ways are wrought ... nothing has been so rare in recent years as an Ivy League graduate who has made a significant innovation in American enterprise.

What we do with the product of genius is first of all ram it down to the lowest common denominator and then multiply it by the vulgarest possible fraction. -from "Pawley's Peepholes

Deep caring about each other's fate does seem to be on the decline, but I do not believe that New Age narcissism is much to blame. The external causes of our moral indifference are a fragmented mass society that leaves us isolated and afraid, an economic system that puts the rights of capital before the rights of people, and a political process that makes citizens into ciphers. These are the forces that allow, even encourage, unbridled competition, social irresponsibility, and the survival of the financially fittest. The executives who brought down the major corporations by taking indecent sums off the top while wage earners of modest means lost their retirement accounts were clearly more influenced by capitalist amorality than by some New Age guru.

The road to the new society had lengthened and become overgrown sadly since 1904. The working class in many thousands had been shown its errors in thinking, but persisted in them. Very well: the working class must have the rigours of capitalism, and if the rigours were harsh - it serves them right for not accepting socialism.

Work or die’—this is the essence of slavery, of compulsion. And yet this is our world. Most of our world is enslaved but does not know it. Only the homeless are free, and for their freedom we sentence them to death. To refuse compulsion is to earn death, suffering, and calumny. It is not to refuse work—the homeless work very hard, endure many hardships we cannot imagine in our comfortable slavery. And yet we call our slavery freedom. We do not know what freedom means, yet.

Congress shall make no law abridging the freedom of production and trade...

By buying the power of the workman, the capitalist has, therefore, acquired the right to use of make that labouring power during the whole day or week.

Economic history shows us a continual increase in the demand for money. The characteristic feature of the development of the demand for money is its intensification; the growth of division of labour and consequently of exchange transactions, which have constantly become more and more indirect and dependent on the use of money, have helped to bring this about, as well as the increase of population and prosperity.

...capitalism does live by crises and booms, just as a human being lives by inhaling and exhaling.

Juliet is so beautiful," Mr. Buckmaster agreed, "that her being a maid is a reflection on capitalism.

The Master said, “A true gentleman is one who has set his heart upon the Way. A fellow who is ashamed merely of shabby clothing or modest meals is not even worth conversing with.”(Analects 4.9)

It appears - because it has been the case for twenty years - that every problem is solvable...that no matter how badly the world economy slumps there is a pain-free way out of it. Once the realization dawns that there is not, and that the pain will be severe, the question is posed that has not really been posed for twenty years: who should feel it?

The rock and roll business is pretty absurd, but the world of serious music is much worse.

Under certain conditions, index numbers may do very useful service as an aid to investigation into the history and statistics of prices; for the extension of the theory of the nature and value of money they are unfortunately not very important.

The white man knows how to make everything but he does not know how to distribute it.

If free enterprise becomes a proselytizing holy cause, it will be a sign that its workability and advantages have ceased to be self-evident.

The big-business mergers and the big-labour mergers have the appearance of dinosaurs mating.

The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.

the centre is missing, but we cannot stop searching for it or positing it. It is not that there is nothing there - it is that what is there is not capable of exercising responsibility

Income from labor [in the United States] is about as unequally distributed as has ever been observed anywhere.

I have dedicated my life to fight against the heinous rottenness of modern capitalism because it robs the laborer of this world's goods. But blow for blow I shall strike against Communism, because it robs us of the next world's happiness.

Commerce and manufactures can seldom flourish long in any state which does not enjoy a regular administration of justice, in which the people do not feel themselves secure in the possession of their property, in which the faith of contracts is not supported by law, and in which the authority of the state is not supposed to be regularly employed in enforcing the payment of debts from all those who are able to pay. Commerce and manufactures, inshort, can seldom flourish in any state in which there is not a certain degree of confidence in the justice of government.

Europe is made of history,America of philosophy,Asia of prosperity,and Africa of opportunity.

. . . then life began, and since then we remember each dumpster, abandoned house, and foot-chase by retail security. At night, after running around, plotting and scheming, our checklist items all crossed out, we paused to think — 'What to do tomorrow?' and the answer was always, 'As we please . . .

Christmas is about community, collaboration, celebration. Done right, Christmas can be an antidote to the Me First mentality that has rebranded capitalism as neo-liberalism. The shopping mall isn't our true home, nor is it a public space, though, as libraries, parks, playgrounds, museums and sports facilities disappear, for many the fake friendliness of the mall is the only public space left, apart from the streets

With an evermore increase of industrialisation machine stops being merely a tool, develops a life of its own and imposes its rhythm onto human. Operating it he moves mechanically, becomes part of the machine.

That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard.

The Capitalists will sell us the rope with which we will hang them.

All of this might seem diabolical, but the saloon-keeper was in no wise to blame for it. He was in the same plight as the manufacturer who has to adulterate and misrepresent his product. If he does not, some one else will.

Many guilty consciences have been created by the slave trade. Europeans know that they carried on the slave trade, and Africans are aware that the trade would have been impossible if certain Africans did not cooperate with slave ships. To ease their guilty consciences, Europeans try to throw the major responsibility for the slave trade on to the Africans. One major author on the slave trade (appropriately titled Sins of Our Fathers) explained how many white people urged him to state that the trade was the responsibility of African chiefs, and that Europeans merely turned up to buy captives- as though without European demand there would have been captives sitting on the beach by the millions! Issues such as those are not the principal concern of this study, but they can be correctly approached only after understanding that Europe became the center of a world-wide system and that it was European capitalism which set slavery and the Atlantic slave trade in motion. Pg. 82

The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force.

Business? It's quite simple. It's other people's money.

Lately it's started to seem to me that here in America our fetishization of self-reliance has taken a wrong turn and has helped enable us to jettison compassion as a national value while still maintaining a vision of ourselves as essentially well-meaning. It hasn't taken a whole lot of common sense, given the evidence of the last few years, to puzzle out the heartlessness of unregulated capitalism, and yet our political class has embraced even more fervently the notion of every man for himself, even given the ever-growing numbers such a philosophy leaves behind.

Pick a leader who will make their citizens proud. One who will stir the hearts of the people, so that the sons and daughters of a given nation strive to emulate their leader's greatness. Only then will a nation be truly great, when a leader inspires and produces citizens worthy of becoming future leaders, honorable decision makers and peacemakers. And in these times, a great leader must be extremely brave. Their leadership must be steered only by their conscience, not a bribe.

Greed is a contagious mental illness without which civilization as we know it would not have been possible.

Happiness in a family really revolves around how much money I have in my disposal.

There is a patent conflict between the need to reverse or at least to control the impact of our economy on the biosphere and the imperatives of a capitalist market: maximum continuing growth in the search for profit.

Anti-intellectualism has long been the anti-Semitism of the business man.

If time could run backward, like a film in reverse, we would see this mess reassemble itself into lush green hills and moss-covered ledges of limestone. The streams would run back up the hills to the springs and the salt would stay glittering in underground rooms.

...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is why this is a history not of economic ideas, but of ideas beyond the capitalist economy.

Going to work for a large company is like getting on a train. Are you going sixty miles an hour or is the train going sixty miles an hour and you're just sitting still?

Global inequality means that while the wealthy have too few needs, the needy have too little wealth. Capitalism is stymied, courting long-term disaster.

The communists may not have done very well in the end, but I can't help thinking of capitalism as merely the go-to religion of the greedy and selfish.

Why do you accept being treated like an inmate?

Lyotard develops and extends Weber's argument regarding the disenchantment of art to suggest the Western culture increasingly obeys an instrumental logic of performance and control, one that imposes order on the free play of the imagination and subordinates creative thought to the demands of the capitalist market. And, for Lyotard, the effects of this process are consistent with those outlined in Weber's work, namely the progressive elimination of ritual or religious forms of art, the restriction of creative forms by an instrumental (capitalist) rationality, and with this the denigration of value-rational artistic practice.

As a rule, however, an increase in the value of money spreads only gradually. The first of those who have to content themselves with lower prices than before for the commodities they sell, while they still have to pay the old higher prices for the commodities they buy, are those who are injured by the increase in the value of money. Those, however, who are the last to have to reduce the prices of the commodities they sell, and have meanwhile been able to take advantage of the fall in the prices of other things, are those who profit by the change.