Capitalism Quote #1
Abuse of the military metaphor may be inevitable in a capitalist society, a society that increasingly restricts the scope and credibility of appeals to ethical principle, in which it is thought foolish not to subject one's actions to the calculus of self-interest and profitability. War-making is one of the few activities that people are not supposed to view 'realistically'; that is, with an eye to expense and practical outcome. In all-out war, expenditure is all-out, unprudent--war being defined as as an emergency in which no sacrifice is excessive.
Susan SontagCapitalism Quote #2
According to the current view, the maintenance of sound monetary conditions is only possible with a 'credit balance of payments'.
Ludwig von Mises
The confutation of this and related objections is implicit in the Quantity Theory and in Gresham's Law. The Quantity Theory shows that money can never permanently flow abroad from a country in which only metallic money is used (the 'purely metallic currency' of the Currency Principle). The tightness in the domestic market called forth by the efflux of part of the stock of money reduces the prices of commodities, and so restricts importation and encourages exportation, until there is once more enough money at home. The precious metals which perform the function of money are distributed among individuals, and consequently among separate countries, according to the extent and intensity of the demand of each for money. State intervention to assure to the community the necessary quantity of money by regulating its international nlovements is supererogatory.Capitalism Quote #3
Advertising expresses a power relationship . . . One person, the advertiser, invades; millions absorb. And to what end? So that people will buy something! A deep, profound and disturbing act by the few against the many for a trivial purpose.
Jerry ManderCapitalism Quote #4
Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.
Bertrand RussellCapitalism Quote #5
After the collapse of socialism, capitalism remained without a rival. This unusual situation unleashed its greedy and - above all - its suicidal power. The belief is now that everything - and everyone - is fair game.
Günter GrassCapitalism Quote #6
Agent Jones switched to the big screen and a grainy video of MoMo sitting at his enormous desk, a swivel-hipped Elvis clock ticking behind his bewigged head. 'Death to the capitalist pigs! Death to your cinnamon bun-smelling malls! Death to your power walking and automatic car windows and I'm With Stupid T-shirts! The Republic of ChaCha will never bend to your side-of-fries -drive -through-please-oh-would-you-like-ketchup-with-that corruption! MoMo B. ChaCha defies you and all you stand for, and one day, you will crumble into the sea and we will pick up the pieces and make them into sand art.
Libba BrayCapitalism Quote #7
Ah remember walkin along Princes Street wi Spud, we both hate walkin along that hideous street, deadened by tourists and shoppers, the twin curse ay modern capitalism.
Irvine WelshCapitalism Quote #8
Ahora bien, esos tipos, los hippies, sí que eran gorrones. Siempre pidiendo dinero, o robándolo, fomentando el libre esto y el libre lo otro, hablando por los codos del anticapitalismo que sólo habían hecho posible los padres trabajadores a los que esquilmaban.
Lionel ShriverCapitalism Quote #9
Alfred . . . stands, high and haughty, on that good old respectable ground, the right of the strongest; and he says, and I think quite sensibly, that the American planter is 'only doing, in another form, what the English aristocracy and capitalists are doing by the lower classes;' that is, I take it, appropriating them, body and bone, soul and spirit, to their use and convenience. He defends both, – and I think, at least, consistently. He says that there can be no high civilization without enslavement of the masses, either nominal or real. There must, he says, be a lower class, given up to physical toil and confined to an animal nature; and a higher one thereby acquires leisure and wealth for a more expanded intelligence and improvement, and becomes the directing soul of the lower. So he reasons, because, as I said, he is born an aristocrat; – so I don't believe, because I was born a democrat.
Harriet Beecher StoweCapitalism Quote #10
All index-number systems, so far as they are intended to have a greater significance for monetary theory than that of mere playing with figures, are based upon the idea of measuring the utility of a certain quantity of money. The object is to determine whether a gramme of gold is more or less useful to-day than it was at a certain time in the past. As far as objective use-value is concerned, such an investigation may perhaps yield results. We may assume the fiction, if we like, that, say, a loaf of bread is always of the same utility in the objective sense, always comprises the same food value. It is not necessary for us to enter at all into the question of whether this is permissible or not.
Ludwig von MisesCapitalism Quote #11
All of this might seem diabolical, but the saloon-keeper was in no wise to blame for it. He was in the same plight as the manufacturer who has to adulterate and misrepresent his product. If he does not, some one else will.
Upton SinclairCapitalism Quote #12
All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists.
Ludwig von MisesCapitalism Quote #13
All the mega corporations on the planet make their obscene profits off the labor and suffering of others, with complete disregard for the effects on the workers, environment, and future generations. As with the banking sector, they play games with the lives of millions, hysterically reject any kind of government intervention when the profits are rolling in, but are quick to pass the bill for the cleanup and the far-reaching consequences of these avoidable tragedies to the public when things go wrong. We have a straightforward proposal: if they want public money, we want public control. It's that simple.
Michael HureauxPerezCapitalism Quote #14
all these things were part of the business of dreams. He had learned not to laugh at the advertisements offering to teach writing, cartooning, engineering, to add inches to the biceps and to develop the bust
Nathanael WestCapitalism Quote #15
All we’ve got left to protect here is a system that’s set up to promote the meanest possibilities in human nature and make them look good.
William GaddisCapitalism Quote #16
Alterations in real prices occur slowly as a rule. But this stability of prices has its cause in the stability of the price-determinants, not in the Law of Price-determination itself. Prices change slowly because the subjective valuations of human beings change slowly. Human needs, and human opinions as to the suitability of goods for satisfying those needs, are no more liable to frequent and sudden changes than are the stocks of goods available for consumption, or the manner of their social distribution;
Ludwig von MisesCapitalism Quote #17
America runs on credit darling. Why do you worry, our credit will take care of this payment. It is not saving or cash in hand that matters. We do not need cash, we just need potential. The system in the US believes in potential. That is
Ravindra Shukla
the model of the future. You need not be born rich, but you should be in the league that can make it big.Capitalism Quote #18
America's abundance was created not by public sacrifices to the common good, but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes. They did not starve the people to pay for America's industrialization. They gave the people better jobs, higher wages, and cheaper goods with every new machine they invented, with every scientific discovery or technological advance- and thus the whole country was moving forward and profiting, not suffering, every step of the way.
Ayn RandCapitalism Quote #19
American corporate capitalism is a murder-suicide mission.
Bryant McGillCapitalism Quote #20
Americans think New Yorkers are property obsessed, but clearly they haven’t lived a day in Hong Kong. In this part of the world, a man isn’t a man until he is a homeowner. His entire life leads up to the singular moment when he hands over the down-payment check and puts his signature on the triplicate purchase agreement. All the good grades and job promotions he has received are mere preparation; and every source of happiness - marriage, children and retirement - depends on it.
Jason Y. NgCapitalism Quote #21
An attempt is sometimes made to demonstrate the desirability of measures directed against speculation by reference to the fact that there are times when there is nobody in opposition to the bears in the foreign-exchange market so that they alone are able to determine the rate of exchange. That, of course, is not correct. Yet it must be noticed that speculation has a peculiar effect in the case of a currency whose progressive depreciation is to be expected while it is impossible to foresee when the depreciation will stop, if at all. While, in general, speculation reduces the gap between the highest and lowest prices without altering the average price-level, here, where the movement will presumably continue in the same direction, this naturally can not be the case. The effect of speculation here is to permit the fluctuation, which would otherwise proceed more uniformly, to proceed by fits and starts with the interposition of pauses.
Ludwig von MisesCapitalism Quote #22
An ironic religion -- one that never claims to be absolutely true but only professes to be relatively beautiful, and never promises salvation but only proposes it as a salubrious idea. A century ago there were people who thought art was the thing that could fuse the terms of this seemingly insuperable oxymoron, and no doubt art is part of the formula. But maybe consumerism also has something to teach us about forging an ironic religion -- a lesson about learning to choose, about learning the power and consequences, for good or ill, of our ever-expanding palette of choices. Perhaps . . . the day will come when the true ironic religion is found, the day when humanity is filled with enough love and imagination and responsibility to become its own god and make a paradise of its world, a paradise of all the right choices.
Alex ShakarCapitalism Quote #23
And in those same years, the farmers in the developing world would come to be encouraged to use the patented descendants of the seeds their ancestors had once freely shared. And once they did that, once they bought the new seed and stopped saving seed as they had for centuries, they not only lost the old varieties but they were trapped in a system that indentured them to the seed companies. And if they resisted buying the new seeds, even if they resisted because they were not convinced about the safety of the new seeds, they were told they were causing starvation in their countries. And if they thought to demand royalties for the germplasm their ancestors once had given freely, they were called greedy.
Beth BurrowsCapitalism Quote #24
And one day we must ask the question, Why are there forty million poor people in America? And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy.
Martin Luther King Jr.Capitalism Quote #25
Antiliberals endlessly berate their enemies for instrumental thinking. But they do not clearly explain the evil of producing better goods at a lower cost.
Stephen HolmesCapitalism Quote #26
Any capitalist . . . who had made sixty thousand pounds out of sixpence, always professed to wonder why the sixty thousand nearest Hands didn't each make sixty thousand pounds out of sixpence, and more or less reproached them every one for not accomplishing the little feat. What I did you can do. Why don't you go and do it?
Charles DickensCapitalism Quote #27
Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them.
Ludwig von MisesCapitalism Quote #28
Anyone who objects to any government whatsoever as a form of socialism ought not to pull that socialist lever in their home, the one that makes their waste disappear in a whirlpool into the socialized sewage treatment plant.
John MédailleCapitalism Quote #29
Anyone who pretends to understand Latin America is a fool.
Michael HoganCapitalism Quote #30
Anywhere you have extreme poverty and no national health insurance, no promise of health care regardless of social standing, that's where you see the sharp limitations of market-based health care.
Paul Farmer
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