Capitalism Quotes - Page 30

• Now virtue may not always be its own reward, but in any case it is not usually bought and paid for at market rates.

  Kenneth Arrow

  May, Rewards, Virtue

  30 Copy quote

• I prefer the tumult of liberty to the quiet of servitude

  Thomas Jefferson

  Liberty, Quiet, Tumult

  17 Copy quote

• It's impossible for a white person to believe in capitalism and not believe in racism.

  Malcolm X

  Believe, White, Racism

  "Malcolm X Speaks". Book by George Breitman, 1965.

  5 Copy quote

  Show source

• Humanities education is the worst thing for an industrialist.

  Andrew Carnegie

  Humanity, Worst, Worst Things

  17 Copy quote

• Life Insurance trusts I consider sacred. To hazard the property of the dead & to lose the scanty earnings of fathers & husbands, who have toiled & saved that they may leave something to their families deprived of their care & the support of their labour, is to my mind the worst of crimes.

  Robert E. Lee

  Husband, Father, Support

  20 Copy quote

• What we suffer from today is an excess of education.

  Adolf Hitler

  Suffering, Excess, Today

  71 Copy quote

• I don't want a nation of thinkers, I want a nation of workers

  John D. Rockefeller

  Historical, Want, Thinker

  John D. Rockefeller (2015). “John D. Rockefeller on Making Money: Advice and Words of Wisdom on Building and Sharing Wealth”, p.7, Skyhorse Publishing, Inc.

  47 Copy quote

  Show source

• These days, government employees are better off in almost every area: pay, benefits, time off and security, on top of working fewer hours.

  Mortimer Zuckerman

  Government, Benefits, Pay

  "America’s public servants are now its masters". www.ft.com. September 10, 2010.

  10 Copy quote

  Show source

• A second variety concentrated on presumed major transformations of the capitalist system as of some recent point in time, in which the whole earlier point of time served as a mythologized foil against which to treat the empirical reality of the present.

  Immanuel Wallerstein

  Reality, Transformation, Treats

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.7, Verso

  4 Copy quote

  Show source

• Capitalism is first and foremost a historical social system.

  Immanuel Wallerstein

  Historical, Firsts, Social

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.13, Verso

  10 Copy quote

  Show source

• What distinguishes the historical social system we are calling historical capitalism is that in this historical system capital came to be used (invested) in a very special way. It came to be used with the primary objective or intent of self-expansion. In this system, past accumulations were 'capital' only to the extend they were used to accumulate more of the same.

  Immanuel Wallerstein

  Past, Self, Historical

  7 Copy quote

• An individual or a group of individuals might of course decide at any time that they would like to invest capital with the objective of acquiring still more capital. But, before a certain moment in historical time, it had never been easy for such individuals to do this successfully.

  Immanuel Wallerstein

  Historical, Groups, Might

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.14, Verso

  4 Copy quote

  Show source

• But even in the absence of direct interference by those who had the power to interfere, the process was usually aborted by the non-availability of one of more elements of the process - the accumulated stock in a money form, the labor-power to be utilized by the producer, the network of distributors, the consumers who were purchasers. One or more elements were missing because, in previous historical social systems, one or more of these elements was not commodified or was insufficiently commodified.

  Immanuel Wallerstein

  Availability, Missing, Historical

  9 Copy quote

• That is why we may say that the historical development of capitalism has involved the thrust towards the commodification of everything.

  Immanuel Wallerstein

  Historical, Development, May

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.16, Verso

  8 Copy quote

  Show source

• So much were employers of wage-labor unenthusiastic about proletarianization that, in addition to fostering the gender age division of labor, they also encouraged, in their employment patters and through their influence in the political arena, recognition of defined ethnic groups, seeking to link them to specific allocated roles in the labor-force, with different levels of real remuneration for their work. Ethnicity created a cultural crust which consolidated the patterns of semi-proletarian household structures.

  Immanuel Wallerstein

  Real, Ethnicity, Division Of Labor

  4 Copy quote

• To be sure, the use of force by one party in a market transaction in order to improve his price was no invention of capitalism. Unequal exchange is an ancient practice. What was remarkable about capitalism as a historical system was the way in which this unequal exchange could be hidden; indeed, hidden so well that it is only after five hundred years of the operation of this mechanism that even the avowed opponents of the system have begun to unveil it systematically.

  Immanuel Wallerstein

  Party, Order, Years

  26 Copy quote

• It is historically the case that virtually every new zone incorporated into the world-economy established levels of real remuneration which were at the bottom of the world-system's hierarchy of wage-levels.

  Immanuel Wallerstein

  Real, World, Levels

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.39, Verso

  15 Copy quote

  Show source

• What could me more plausible than a line of reasoning which argues that the explanation of the origin of a system was to achieve an end that has in fact been achieved?

  Immanuel Wallerstein

  Lines, Facts, Arguing

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.41, Verso

  6 Copy quote

  Show source

• Historical capitalism is a materialist civilization.

  Immanuel Wallerstein

  Civilization, Historical

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.47, Verso

  23 Copy quote

  Show source

• The concept that one ought to restrict one's political involvement to one's own state was deeply antithetical to those who were pursuing the accumulation of capital for its own sake.

  Immanuel Wallerstein

  Political, Sake, States

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.50, Verso

  4 Copy quote

  Show source

• As a matter of law the states recognized no constraints on their legislative scope other than those that were self-imposed. Even where particular state constitutions paid ideological lip service to constraints deriving from religious or natural law doctrines, they reserved to some constitutionally-defined body or person the right to interpret these doctrines.

  Immanuel Wallerstein

  Religious, Self, Law

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.51, Verso

  4 Copy quote

  Show source

• Governments first of all have been able to amass, through the taxation process, large sums of capital which they have redistributed to persons or groups, already large holders of capital, through official subsidies.

  Immanuel Wallerstein

  Government, Groups, Taxation

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.54, Verso

  15 Copy quote

  Show source

• Finally, states have monopolized, or sought to monopolize, armed force.

  Immanuel Wallerstein

  States, Force, Armed Forces

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.55, Verso

  6 Copy quote

  Show source

• I am suggesting that there is, and always has been, a rather high correlation between ethnicity and occupation/economic role throughout the various time-space zones of historical capitalism.

  Immanuel Wallerstein

  Ethnicity, Space, Historical

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.77, Verso

  7 Copy quote

  Show source

• It is this third consequence that has been elaborated in greatest detail and has formed one of the most significant pillars of historical capitalism, institutional racism.

  Immanuel Wallerstein

  Racism, Historical, Details

  Immanuel Maurice Wallerstein (1995). “Capistalist Civilisation”, p.78, Verso

  7 Copy quote

  Show source