Best 955 quotes in «capitalism quotes» category

To whom is an international corporation answerable? Often they do not employ workers. They outsource manufacturing to places far away. If wages rise in one place, they can, almost instantly, transfer production to somewhere else. If a tax regime in one country becomes burdensome, they can relocate to another. To whom, then, are they accountable? By whom are they controllable? For whom are they responsible? To which group of people other than shareholders do they owe loyalty? The extreme mobility, not only of capital but also of manufacturing and servicing, is in danger of creating institutions that have power without responsibility, as well as a social class, the global elite, that has no organic connection with any group except itself.

True capitalism can seem a lot like Nazism.

True virtue consists in the care for the common weal, it can only flourish where the commonwealth at the same time advances the interests of the individual, where he cannot damage the commonwealth without damaging himself.

Turning back to the crowd I say, “I am duty bound to make this plea, but I want to say, with all due respect to the governor here, that I doubt seriously that he will do — cannot do — anything. And for the reason that he is owned, lock, stock and barrel, by the capitalists who placed him here in this building.” — Mother Jones

Unchecked Corporate power leads to tyranny just like unchecked Government power.

Up to a decade or two ago, the system production-nature (man's productive-exploitative relationship with nature and its resources) was perceived as a constant, whereas everybody was busy imagining different forms of the social organization of production and commerce (Fascism or Communism as alternatives to liberal capitalism); today, as Fredric Jameson perspicaciously remarked, nobody seriously considers possible alternatives to capitalism any longer, whereas popular imagination is persecuted by the visions of the forthcoming ‘breakdown of nature’, of the stoppage of all life on earth – it seems easier to imagine the ‘end of the world’ than a far more modest change in the mode of production, as if liberal capitalism is the ‘real’ that will somehow survive even under conditions of a global ecological catastrophe.

Veblen called it the price-system. Mills called it the Power Elite. It's probably no more than ninety-nine people who don't know what they are doing. They're involved in high finance. Fascinating form of gambling.

Very well then! I'll write, write write. He let the words soak into his mind and displace all else. A man had a choice, after all. He devoted his life to his work or to his wife and children and home. It could not be combined; not in this day and age. In this insane world where God was second to income and goodness to wealth.

[V]iolence against women is a key element in this new global war, not only because of the horror it evokes or the messages it sends but because of what women represent in their capacity to keep their communities together and, equally important, to defend noncommercial conceptions of security and wealth.

Voluntary communism, together with laissez-faire capitalism, has nothing to be ashamed of on moral and economic grounds. They can each hold up their heads, high. Far from enemies, they are merely opposite sides of the same voluntaristic coin. Together, they must battle state coercion, whether called State Capitalism or State Socialism. The point is, “left” vs. “right” is a red herring. The reddest and perhaps most misleading red herring in all political-economic theory.

Wake up America! The insurance companies took over health care! Wake up America! The pharmaceutical companies took over drug pricing! Wake up America! The speculators took over Wall Street! Wake up America! They want your Social Security! Wake up America! Multinational corporations took over our trade policies! Wake up America! We went into Iraq for oil! WAKE UP AMERICA!

Wall Street billionaires are predicting that Roosevelt-style railroad rate regulation will sooner or later bring about financial catastrophe. [ca. 1906]

War is like a vacuum cleaner that sucks tax dollars out of your pocket and funnels the money directly into the pockets of the robber barons who own the weapons factories.

War is to some people the solution to peace.

Was 9/11 not the 20th congress of the American Dream?

We are no longer indigenous to our environment.

We are living in an era of woke capitalism in which companies pretend to care about social justice to sell products to people who pretend to hate capitalism.

We are precarious. Which is to say some good things (accumulation of diverse knowledges, skills and abilities through work and life experiences in permanent construction), and a lot of bad ones (vulnerability, insecurity, poverty, social exposure).

We dabble in many things; but the one great real idea of our age, not copied from any other, not pretended, not raised to life by any conjuration, is the Much Making of Things – not the making of beautiful things, not the joy of spending living energy in creative work; rather the shameless, merciless driving and over-driving, wasting and draining of the last bit of energy, only to produce heaps and heaps of things – things ugly, things harmful, things useless, and at the best largely unnecessary.

We doing these things because we’re moral, enlightened people. We’re doing these things because we are embedded within longstanding structures of institutional power, and education is just one of these functions. And it is a function with tremendous social power to oppress or to legitimize, to open or to close, to create or to calcify, to inscribe or to erase, to pardon or to punish- to dictate, or to free. The one we choose to do, we ought to choose carefully.

We charge a lot of money and give advice. We charge a lot of money so you remember the advice.

We don’t think you fight fire with fire best ; we think you fight fire with water best. We’re going to fight racism not with racism, but we’re going to fight with solidarity. We say we’re not going to fight capitalism with black capitalism, but we’re going to fight it with socialism. We’re stood up and said we’re not going to fight reactionary pigs and reactionary state’s attorneys like this and reactionary state’s attorneys like Hanrahan with any other reactions on our part. We’re going to fight their reactions with all of us people getting together and having an international proletarian revolution.

We drown in information but we starve for knowledge.

Well, honey, it’s capitalism that brings out the meanness and greed,” says I. “Our founding fathers did a decent job of framing our democracy. They wrote the Constitution and added a Bill of Rights that intended for people of all classes to enjoy the freedoms the Constitution offers. But capitalism came along without a constitution or a bill of rights and the industrialists grabbed unrestricted power. The capitalists wrote their own ‘Declaration of Capitalism’.” — Mother Jones

We give more economic aid to multinational corporations to increase their profits than we do to all the countries in the world combined.

Well, first you will have to eat again, not just like you Earth people do, but the corvalen, one dose is not enough. And once you start down that path, you want more, you need more, and then there is the end of your peaceful life.

We live in a culture in which we are led to believe that anything you do not get paid for is not worth doing. As a consequence, the things that don't get done are often the most worthwhile.

Well, it depends which planned economies you mean. There are lots of planned economies―the United States is a planned economy, for example. I mean, we talk about ourselves as a "free market," but that's baloney. The only parts of the U.S. economy that are internationally competitive are the planned parts, the state-subsidized parts―like capital-intensive agriculture (which has a state-guaranteed market as a cushion in case there are excesses); or high-technology industry (which is dependent on the Pentagon system); or pharmaceuticals (which is massively subsidized by publicly-funded research). Those are the parts of the U.S. economy that are functioning well. And if you go to the East Asian countries that are supposed to be the big economic successes―you know, what everybody talks about as a triumph of free-market democracy—they don't even have the most remote relation to free-market democracy: formally speaking they're fascist, they're state-organized economies run in cooperation with big conglomerates. That's precisely fascism, it's not the free market. Now, that kind of planned economy "works," in a way―it produces at least. Other kinds of command economies don't work, or work differently: for example, the Eastern European planned economies in the Soviet era were highly centralized, over-bureaucratized, and they worked very inefficiently, although they did provide a kind of minimal safety-net for people. But all of these systems have been very anti-democratic―like, in the Soviet Union, there were virtually no peasants or workers involved in any decision-making process.

We make a living by what we get, but we make a life by what we give. The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. We contend that for a nation to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. The whole history of the world is summed up in the fact that, when nations are strong, they are not always just, and when they wish to be just, they are no longer strong.

We're all prostitutes if you think about it. The whole capitalist system is built on meretriciousness. You sell your body or you sell your mind, and the Cartesian mind/body thing is a fallacy anyway, your mind is just your brain, so it amounts to the same thing really.

We preach about capitalism and the beauty of unfettered market forces determining price--but not when it comes to gas. When it comes to gas, we need it cheap, and the president had better get it for us, or else, we don't care how.

Western Buddhism’s association with the sixties counterculture is being replaced not only by science but by corporations that deploy it in order to enhance their brand, promote “wellness,” reduce sick days and other inefficiencies among their employees, and, of course, create profitable, Buddhist-themed products. This corporate adoption of Buddhism was made safe by science. The business world’s understanding of meditation - and especially the practice of “mindfulness” - is driven not by traditional Buddhist ideas and ethics, but by neuroscience.

We're sorry. It's not us. It's the monster. The bank isn't a man. The bank isn't like a man. Yes, but the bank is only made of men.

We’ve each given the hours of our lives in dull rote jobs for other men’s profit, and have been asked to be grateful for doing that.

We surf the waves of capitalism, from crest to trough and back again, but the funny thing is that no matter how often we ride the wave, nobody notices that it's wet. When we are on the crest, we believe that we have climbed a mountain through our own virtuous efforts, and when we are in the trough, we believe that we have fallen into a pit through out own vice.

What do you see out there?” I ask. “Pittsburgh,” he replies. Now I laugh. “No, young man. What you see is hell with the lid taken off.” — Mother Jones

We will always feel inadequate for as long as we view success from a capitalist lens

[W]hat counts as ‘realistic’, what seems possible at any point in the social field, is defined by a series of political determinations. An ideological position can never be really successful until it is naturalized, and it cannot be naturalized while it is still thought of as a value rather than a fact. Accordingly, neoliberalism has sought to eliminate the very category of value in the ethical sense. Over the past thirty years, capitalist realism has successfully installed a ‘business ontology’ in which it is simply obvious that everything in society, including healthcare and education, should be run as a business. … [E]mancipatory politics must always destroy the appearance of a ‘natural order’, must reveal what is presented as necessary and inevitable to be a mere contingency, just as it must make what was previously deemed to be impossible seem attainable.

What economists and political scientists today call the “rational choice of individuals,” but what Smith called “the individual pursuit of happiness,” leads according to this view in a mechanical way to general welfare. As Alexander Pope in his Essay on Man put it: “true Self Love and Social are the same.” While this is the foundation of liberal capitalism, Marx’s dialectical materialism is not different in its selection of the economy as the prime mover. In this way the economy becomes the most important purpose of society. Fortunately, the economy has laws of causation, or, at least, that is what economists would like us to believe. Statistics are gathered to provide an objectified view of reality that enables social engineering. The individual and the collective are simultaneously put in an economic framework that is secular not in the sense that it is nonreligious, since individuals can rationally pursue religious ends, but in the sense that a God-given order of society has been replaced by an order that is constantly produced by homo economicus” (p. 41).

What good are all these gadgets, if the life you live with them is mean and unimaginative?

What is a price? It is a proposed point of agreement between a buyer and seller. The proposal is the key. It is not a marching order. Past prices represent deals done in history. Current prices represent possible deals in the future. Prices embed vast information about perceived realities: resource availability, consumer demand, cultural biases and habits, speculations about the future. The price is also an amazing tool. It provides an objective basis for accounting and the assessment of profit and loss. Without prices, real prices rooted in real market experience, we’d been lost.

What I mean when I talk about sovereignty is that "we have a different way of being". Those of us who are organising around the idea of sovereignty are not asking for inclusion within the capitalist system. We're not asking for the so-called benefits of a capitalist system, which is always based on exclusions because it is based on privatising what was once communal and shared. We're saying no to being incorporated. We're saying yes to a completely different way of being, to a society based on commonality and plurality, not the fundamentalism of markets, religion, and the gender binary. We're not pushing to get in. Why should we want to enmesh ourselves in an economy and a political system that is driving the planet and our species toward destruction?

What imperialists actually wanted was expansion of political power without the foundation of the body politic. Imperialist expansion had been touched off by a curious kind of economic crisis, the overproduction of capital and the emergence of "superfluous" money, the result of oversaving, which could no longer find productive investment within national borders. For the first time, investment of power did not pave the way for investment of money, since uncontrollable investments in distant countries threatened to transform large strata of society into gamblers, to change the whole capitalist economy from a system of production to a system of financial speculation, and to replace the profits of production with profits in commissions. The decade immediately before the imperialist era, the seventies of the last century, witnessed an unparalleled increase in swindles, financial scandals, and gambling in the stock market.

What is this so-called 'employment flexibility'? It simply means that employers, in their quest to reduce costs whilst trying to meet the demands of globalisation, are disregarding the traditional job boundaries – often to the detriment of the unskilled, non-standard worker. Employers use non-standard workers to avoid restrictive labour laws and collective bargaining restraints. In addition, the practice provides them with more flexibility.

What kind of men, then, does our society need? What is the "social character" suited to twentieth century Capitalism? It needs men who co-operate smoothly in large groups; who want to consume more and more, and whose tasks are standardized and can easily be influenced and anticipated. It needs men who feel free and independent, not subject to any authority, or principle, or conscience - yet willing to be commanded, to do what is expected, to fit into the social machine without friction.

What's a crook, only a businessman without a shop.

What ranks above all else for economic and political reconstruction is a radical change of ideologies. Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.

What we have eaten in advance in recent decades in the paper credit binge, we will have to starve for in coming decades.

What was true of an ancient community of Christian believers struggling with a powerful and appealing philosophy is also true for Christians in a postmodern context. Arguments that deconstruct the regimes of truth at work in the late modern culture of global capitalism are indispensable. So also is a deeper understanding of the counterideological force of the biblical tradition. But such arguments are no guarantee that the biblical metanarrative will not be co-opted for ideological purposes of violent exclusion, nor do arguments prove the truth of the gospel. Only the nonideological, embracing, forgiving and shalom-filled life of a dynamic Christian community formed by the story of Jesus will prove the gospel to be true and render the idolatrous alternatives fundamentally implausible.

What the hell’s the matter with you men? Are you cowards as well as stupid? You boys make me sick. I’m done with you. You hear me? I want you to go back to your places now and stay with your children until I say you’re needed. “Tell your wives and your older children to bring with them dish pans and cooking pots. Tell them to bring their stirring spoons and ladles. Tell them to carry a mop over their shoulders. We’re goin’ to march on that mine and we’re going to stand guard to see that no scabs are allowed in. Do you hear me?” — Mother Jones