Capitalism Quotes - Page 29

• What is called 'capitalism'is basically a system of corporate mercantilism, with huge and largely unaccountable private tyrannies exercising vast control over the economy, political systems, and social and cultural life, operating in close cooperation with powerful states that intervene massively in the domestic economy and international society.

  Noam Chomsky

  Powerful, Exercise, Accountability

  Noam Chomsky (2004). “Language and Politics”, p.784, AK Press

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• Liberty is the great parent of science and of virtue; and a nation will be great in both in proportion as it is free.

  Thomas Jefferson

  Freedom, 4th Of July, Parent

  Thomas Jefferson, Jerry Holmes (2002). “Thomas Jefferson: A Chronology of His Thoughts”, p.110, Rowman & Littlefield

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• The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.

  Tony Benn

  Stress, Acceptance, Government Intervention

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• As recently as the 1970s, the idea that the point of life was to get rich and that governments existed to facilitate this would have been ridiculed: not only by capitalism's traditional critics but also by many of its staunchest defenders.

  Tony Judt

  Government, Ideas, Wealth

  Tony Judt (2010). “Ill Fares the Land”, p.29, Penguin

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• In China the struggle to consolidate the socialist system, the struggle to decide whether socialism or capitalism will prevail, will still take a long historical period. However, we should all realize that the new system of socialism will unquestionably be consolidated. We can assuredly build a socialist state with modern industry, modern agriculture, and modern science and culture.

  Mao Zedong

  Struggle, Agriculture, Long

  Mao Zedong (2017). “Quotations from Chairman Mao Tse-tung (The Little Red Book) & Other Works”, p.21, Lulu.com

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• There is a serious tendency towards capitalism among the well-to-do peasants. This tendency will become rampant if we in the slightest way neglect political work among the peasants during the co-operative movement and for a very long period after.

  Mao Zedong

  Long, Political, Movement

  Mao Zedong (2017). “Quotations from Chairman Mao Tse-tung (The Little Red Book) & Other Works”, p.23, Lulu.com

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• Imperialism, in a sense, is the transition stage from capitalism to Socialism. . . . It is capitalism dying, not dead.

  Vladimir Lenin

  Dying, Transition, Socialism

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• Capitalism will always survive, because socialism will be there to save it.

  Ralph Nader

  Socialism

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• Birth control appeals to the advanced radical because it is calculated to undermine the authority of the Christian churches. I look forward to seeing humanity free someday of the tryanny of Christianity no less than Capitalism.

  Margaret Sanger

  Christian, Money, Humanity

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• Too much capitalism does not mean too many capitalists, but too few capitalists.

  Gilbert K. Chesterton

  Mean, Doe, Too Much

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• Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.

  Thomas Sowell

  Opposites, People, Liberty

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• As socialists, we are opponents of the Jews, because we see in the Hebrews the incarnation of capitalism, of the misuse of the nation's goods.

  Joseph Goebbels

  History, Holocaust, Nazism

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• This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.

  Eric Kierans

  Competition, Growth, Corporations

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• The big corporation is not in the least remarkable for efficiency; it is only too big to be blamed for its inefficiency.

  Gilbert K. Chesterton

  Corporations, Efficiency, Bigs

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• Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.

  John Kenneth Galbraith

  Ignorance, Passion, Wish

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• World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.

  John Kenneth Galbraith

  War, Two, Differences

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• The consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.

  Ludwig von Mises

  Mean, Loss, Office

  Ludwig Von Mises (1969). “Bureaucracy”, ICON Group International

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• A short time ago the demagogues blamed capitalism for the poverty of the masses. Today they rather blame capitalism for the "affluence" that it bestows upon the common man.

  Ludwig von Mises

  Men, Today, Poverty

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• We do not assert that the capitalist mode of economic calculation guarantees the absolutely best solution of the allocation of factors of production. Such absolutely perfect solutions of any problem are out of reach of mortal men. What the operation of a market not sabotaged by the interference of compulsion and coercion can bring about is merely the best solution accessible to the human mind under the given state of technological knowledge and the intellectual abilities of the age's shrewdest men.

  Ludwig von Mises

  Men, Perfect, Mind

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• The market economy-capitalism-is a social system of consumers' supremacy.

  Ludwig von Mises

  Economy, Social, Supremacy

  Ludwig Von Mises (1990). “Money, method, and the market process: essays”, Ludwig von Mises Institute

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• The collapse of the global marketplace would be a traumatic event with unimaginable consequences. Yet I find it easier to imagine than the continuation of the present regime.

  George Soros

  Would Be, Events, Imagine

  George Soros (1995). “Soros on Soros: Staying Ahead of the Curve”, Wiley

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• Human beings are themselves considered consumer goods to be used and then discarded. We have created a 'disposable' culture which is now spreading. It is no longer simply about exploitation and oppression, but something new.

  Pope Francis

  Culture, Oppression, Something New

  "Pope Francis: Capitalism is 'a new tyranny'" by Katie McDonough, www.salon.com. November 26, 2013.

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• Today in many places we hear a call for greater security. But until exclusion and inequality in society and between peoples is reversed, it will be impossible to eliminate violence.

  Pope Francis

  Violence, Exclusion, Today

  Pope Francis (2014). “The Joy of the Gospel”, p.22, BookBaby

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• Thus commerce, though in itself a moral nullity, has had a considerable influence in tempering the human mind....he trades with the same countries ...(that he) would have gone to war with.

  Thomas Paine

  Country, War, Mind

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• The right to agree with others is not a problem in any society; it is the right to disagree that is crucial. It is the institution of private property that protects and implements the right to disagree - and thus keeps the road open to man's most valuable attribute: the creative mind.

  Ayn Rand

  Men, Creative, Mind

  Ayn Rand (1999). “Ayn Rand Reader”, p.370, Penguin

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