Capitalism Quotes - Page 34

• In our own times, a coherent socialist movement is nowhere to be found in the United States. Americans are more likely to speak of a golden past than of a golden future, of capitalism's glories than of socialism's greatness.

  Elena Kagan

  Greatness, Past, Golden

  "Komrade Kagan" by Mark Alexander, patriotpost.us. May 13, 2010.

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• Stealing from capitalism is not like stealing out of our own pockets. Marx and Lenin have taught us that anything is ethical, so long as it is in the interest of the proletarian class and its world revolution.

  Nicolae Ceausescu

  Taught Us, Class, Long

  "Red Horizons: Chronicles of a Communist Spy Chief". Book by Ion Mihai Pacepa, p. 47, 1987.

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• Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.

  Eric Kierans

  Rights, Movement, World

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• When a man tells you that he got rich through hard work, ask him whose. There's no evidence that more people with more skills would produce more jobs. There's a great deal of evidence that they produce more competition for the jobs that exist, and in turn, drive down the cost of labour. Nothing pleases a corporation more than having five people compete for the same job. Competitiveness means good times for machines, not workers, because our tax systems privilege machines over workers.A lost job can put a smile on any shareholder's face.

  Eric Reguly

  Jobs, Mean, Hard Work

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• The basic issue is whether the financial elite or the government on behalf of the people should have the profit from creating money.

  Linda McQuaig

  Creating, Issues, Government

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• High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.

  Linda McQuaig

  Class, Focus, Favour

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• A tight-money policy reinforces inequality in two ways. Its high interest rates disproportionately reward the rich, and the resulting unemployment disproportionately punishes the poor.

  Linda McQuaig

  Two, Rewards, Way

  Linda McQuaig (1996). “Shooting the hippo: death by deficit and other Canadian myths”

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• The free market is notorious for distributing resources in a highly unequal manner, with great concentrations of wealth at the top and poverty at the bottom. Our social programs, modest compared to those of many other Western countries, play an important role in redistributing some of those resources from the haves to the have-nots.

  Linda McQuaig

  Country, Play, Concentration Of Wealth

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• The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. The estimated dividend income received by the Thomson family in 1995 from its 72% ownership share of the Thomson Corporation and its 22% ownership share of the Hudson's Bay Company was $310 million.

  Jim Stanford

  Corporations, Return, Income

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• For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate of the Bank of Canada was to maintain a delicate balance between encouraging growth and fighting inflation, the Bank opted to focus exclusively on fighting inflation. In doing so it came down heavily in favour of those with financial assets to protect, and against those whose primary need was employment.

  Linda McQuaig

  Fighting, Focus, Growth

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• Economics is really politics in disguise.

  Hazel Henderson

  Economics, Disguise

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• If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes.

  Jim Stanford

  Cutting, Giving, People

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• The statement, "The debt problem has become so extreme that we have no choice but to cut social spending" is presented as an objective assessment of our situation. But can you imagine a media commentator making the following assertion? "The debt problem has become so extreme that we have no choice but to raise taxes on the rich."

  Linda McQuaig

  Cutting, Assessment, Media

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• Truth is not to be found either in traditional capitalism or in Marxism. Each represents a partial truth. Historically, capitalism failed to discern the truth in collective enterprise and Marxism failed to see the truth in individual enterprise.

  Martin Luther King, Jr.

  Political, Truth Is, Individual

  Kenneth L. Smith, Martin Luther King (Jr.), Ira G. Zepp (1986). “Search for the beloved community: the thinking of Martin Luther King, Jr”, Univ Pr of Amer

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• Market forces have no intrinsically moral direction, which is why, before he wrote The Wealth of Nations, Adam Smith wrote The Theory of Moral Sentiments. Ethics should precede economics. But it doesn't have to. . . . We know this because we've seen the results of capitalism without conscience: the pollution of the air we breathe, the water we drink, and the food we eat; the endangerment of workers; and the sale of dangerous products - from cars to toys to drugs. All in pursuit of ever-greater profits.

  Arianna Huffington

  Air, Water, Car

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• If it is, in reality, capitalism that is the motor force behind the destructive forms of globalization, then it must be in their capacity to neutralize or transform this particular mode of exploitation that one can best test these various forms of resistance to the West.

  Fredric Jameson

  Reality, Resistance, West

  Fredric Jameson (2009). “Valences of the Dialectic”, Verso Books

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• Politics would be a helluva good business if it weren't for the goddamned people.

  Richard M. Nixon

  Funny, Business, People

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• I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.

  Rick Santorum

  Country, Believe, Men

  CNN / Arizona Republican Party Republican Presidential Debate, presidentialcampaignselectionsreference.wordpress.com. February 22, 2012.

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• It is only the ending of capitalism, colonialism, imperialism and neocolonialism and the attainment of world communism that can provide the conditions under which the RACE question can finally be abolished and eliminated.

  Kwame Nkrumah

  Race, Colonialism, World

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• Capitalism is the worst enemy of humanity.

  Evo Morales

  Worst Enemy, Humanity, Enemy

  "Bush Seeks Free Trade With Latin America". "All Things Considered" with Michele Kelemen, www.npr.org. September 24, 2008.

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• What if capitalism is unsustainable, and socialism is impossible?

  Ken MacLeod

  What If, Impossible, Socialism

  "The Falling Rate of Profit, Red Hordes and Green Slime: What the Fall Revolution Books Are About". "Nova Express", Volume 6, Spring/Summer 2001.

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• Prostitution is the supreme triumph of capitalism. When the sex war is won prostitutes should be shot as collaborators for their terrible betrayal of all women, for the moral tarring and feathering they give indigenous women who have had the bad luck to live in what they make their humping ground.

  Julie Burchill

  Sex, Betrayal, War

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• Free market capitalism is the best path to prosperity!

  Lawrence Kudlow

  Path, Prosperity, Free Market

  Lawrence Kudlow (2015). “Lawrence Kudlow: Volume I”, p.67, Creators Publishing

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• The only problem with capitalism is the capitalists.

  Herbert Hoover

  Problem, Capitalist

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• I think we had quite enough capitalism in the last eight years; I think we need some regulation now.

  Howard Dean

  Thinking, Eight, Years

  "Holder Was Aware of Clinton-Era Renditions". Fox News with Sean Hannity, www.foxnews.com. May 11, 2009.

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