Capitalist Quotes - Page 31

• If the workers of the world want to win, all they have to do is recognize their own solidarity. They have nothing to do but fold their arms and the world will stop. The workers are more powerful with their hands in their pockets than all the property of the capitalists. . . .

  Joseph James Ettor

  Powerful, Winning, Hands

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• It's a terrible thing to be a worker exploited in the capitalist system. The only worse thing is to be a worker unable to find anyone to exploit you.

  Joan Robinson

  Growth, Economic, Terrible

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• I started out in engineering. I was a geophysical engineer. Throughout the course of my life I've done a lot of strange jobs, and the effect has been to make me think a little more skeptically about our capitalist society.

  George Saunders

  Jobs, Thinking, Engineering

  "Conversation: George Saunders, Author of ‘Tenth of December’". Interview with Jeffrey Brown, www.pbs.org. January 18, 2013.

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• In the two books I wrote, even though they were written in a sort of Joycean gobbledegook, there's many knocks at religion and there is a play about a worker and a capitalist. I've been satirising the system since my childhood. I used to write magazines in school and hand them around.

  John Lennon

  Book, Writing, School

  Source: www.counterpunch.org

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• Harvard and Yale concentrated with venture capitalists that got the best calls and brainpower. Very few firms made most of the money, and they made it in just a few periods. Everyone else returned between mediocre and lousy. When returns happened, envy rippled through institutional money management. The amount invested in venture capital went up 10 times post-1999. That later money was lost very quickly. It will happen again. I don't know anyone who successfully resists this stuff. It becomes a new orthodoxy.

  Charlie Munger

  Yale, Envy, Venture Capitalists

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• For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood.

  Charlie Munger

  Negative, Littles, Way

  Charlie Munger's comments on the impact of technology and the Internet at the 2000 Berkshire Hathaway Annual Meeting, www.fool.com. May 1, 2000.

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• Competition always tends to bring about the most economical and efficient method of production. Those who are most successful in this competition will acquire more capital to increase their production still further; those who are least successful will be forced out of the field. So capitalist production tends constantly to be drawn into the hands of the most efficient.

  Henry Hazlitt

  Successful, Hands, Competition

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• There is no real answer [to the U.S. economic crisis] but to remove brick by brick the capitalist system itself, rebuilding the entire society on socialist principles.

  Robert Waterman McChesney

  Real, Principles, Answers

  "Free Press doesn’t mean Free Lunch" by Rick Carnes, www.huffingtonpost.com. May 12, 2010.

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