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Capitalism Quotes - Page 15

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THE economic consequences of fluctuations in the objective exchange-value of money have such important bearings on the life of the community and of the individual that as soon as the State had abandoned the attempt to exploit for fiscal ends its authority in monetary matters, and as soon as the large-scale development of the modern economic community had enabled the State to exert a decisive influence on the kind of money chosen by the market, it was an obvious step to think of attaining certain socio-political aims by influencing these consequences in a systematic manner. Modern currency policy is something essentially new; it differs fundamentally from earlier State activity in the monetary sphere.
Ludwig von Mises
Philosopher Jean Baudrillard made a similar observation about the use of material goods as symbols of immaterial values. He noted that any given material object has two kinds of value: it has use value (the amount of utility which can be derived from the good), and it has sign value (a value based on what the object means to the person who owns it.) Advertisers constantly attempt to increase the amount that people will pay for products by infusing them with artificial sign value. Emotional branding, for example, is the practice of using images to link a product with a positive emotional state, so that people will unthinkingly purchase the product when they crave the emotion.
Melinda Selmys
The Capitalists will sell us the rope with which we will hang them.
Vladimir Lenin
In the developed countries of the capitalist world, the mass media are beginning to become businesses, and huge businesses at that. The freedom of journalists is now becoming, in most cases, a very relative thing: it ends where the interests of the business begin... In socialist areas, it is enough to recall that the means of social communication are the monopoly of the party.
Hélder Câmara
Perhaps if we could popularise through the techniques of branding and consumerism, a different idea, a different narrative, perhaps the world can change. After all it changes constantly and incessantly, it's just the perceptions that we have are governed by people with self-interest and are not inalignment with the health and safety of us as individuals or as a planet.
Russell Brand
The only thing "free" about so-called free time is that it doesn't cost the boss anything. Free time is mostly devoted to getting ready for work, going to work, returning from work, and recovering from work. Free time is an euphemism for the peculiar way labor as a factor of production not only transports itself at its own expense to and from the workplace but assumes primary responsibility for its own maintenance and repair.
Bob Black
Market economy favors the have against the have not
Bangambiki Habyarimana
Might not too much investment in teaching Shelley mean falling behind our economic competitors? But there is no university without humane inquiry, which means that universities and advanced capitalism are fundamentally incompatible. And the political implications of that run far deeper than the question of student fees.
Terry Eagleton
But it must be observed that as the depreciation of money proceeds, the demand for money (i.e. for the kind of money in question) gradually begins to fall. When loss of wealth is suffered in proportion to the length of time money is kept on hand, endeavours are made to reduce cash holdings as much as possible. N ow if every individual, even if his circumstances are otherwise unchanged, no longer wishes to maintain his cash holding at the same level as before the beginning of the inflation, the demand for money in the whole community, which can only be the sum of the individuals' demands, decreases too. There is also the additional fact that as commerce gradually-begins to use foreign money and actual gold in place of notes, individuals begin to hold part of their reserves in foreign money and in gold and no longer in notes.
Ludwig von Mises
Time and again our best and brightest have alerted society to looming problems, but our persistent pattern has been to ignore the warnings and suffer the consequences. The pathetic refrain of recent years --'Nobody saw this coming'--is always a self-serving lie.
Eugene Linden
Business is really more agreeable than pleasure it interests the whole mind . . . more deeply. But it does not look as if it did.
Walter Bagehot
The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the counterfeiters. And on and on the new money ripples out through the system, going from one pocket or till to another. As it does so, there is an immediate redistribution effect. For first the counterfeiters, then the retailers, etc. have new money and monetary income they use to bid up goods and services, increasing their demand and raising the prices of the goods that they purchase. But as prices of goods begin to rise in response to the higher quantity of money, those who haven't yet received the new money find the prices of the goods they buy have gone up, while their own selling prices or incomes have not risen. In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money at all.
Murray N. Rothbard
Government programs didn’t arise because the people demanded them or because the free market was unable to provide needed services. They arose because the politicians found them to be a convenient way to buy votes with other people’s money, a convenient way to enlarge their own power, a convenient way to reward their political cronies, and a convenient way to keep people dependent on government.
Harry Browne
Crisis – the midwife of capitalism. The ‘advisers’ arrive and say, My god, they have no predatory class here. It is an emergency! We must create one immediately. Let us arrange to give everything to a few crooks. Then this country, too, will have a mess of parasites to rule it, to suck the value of the people’s labour.
Caleb Crain
Do we need weapons to fight wars? Or do we need wars to create markets for weapons?
Arundhati Roy
If you think that American Capitalism is the most dangerous Institution in the World, it just goes to show, that you haven't partied like there is no tomorrow with the fun loving posse of The Islamic Republic of Iran, North Korea, The Taliban, or ISIS. They all party off the hook!
James Hauenstein
At times there's something so precise and mathematically chilling about nationalism.Build a dam to take away water AWAY from 40 million people. Build a dam to pretend to BRING water to 40 million people. Who are these gods that govern us? Is there no limit to their powers?
Arundhati Roy
Small acts, when multiplied by millions of people, can quietly become a power no government can suppress, a power than can transform the world.
Howard Zinn
In a system of full capitalism, there should be (but, historically, has not yet been) a complete separation of state and economics, in the same way and for the same reasons as the separation of state and church.
Ayn Rand
Capitalism is an ability to stay rich and keep getting rich.
Amit Kalantri
Look, America is no more a democracy than Russia is a Communist state. The governments of the U.S. and Russia are practically the same. There's only a difference of degree. We both have the same basic form of government: economic totalitarianism. In other words, the settlement to all questions, the solutions to all issues are determined not by what will make the people most healthy and happy in the bodies and their minds but by economics. Dollars or rubles. Economy uber alles. Let nothing interfere with economic growth, even though that growth is castrating truth, poisoning beauty, turning a continent into a shit-heap and riving an entire civilization insane. Don't spill the Coca-Cola, boys, and keep those monthly payments coming.
Tom Robbins
To say that "the worker has an interest in the rapid growth of capital", means only this: that the more speedily the worker augments the wealth of the capitalist, the larger will be the crumbs which fall to him, the greater will be the number of workers than can be called into existence, the more can the mass of slaves dependent upon capital be increased.
Karl Marx
Somebody said to me, 'But the Beatles were anti-materialistic.' That's a huge myth. John and I literally used to sit down and say, 'Now, let's write a swimming pool.
Paul McCartney
Liberty isn't everything. I just allows everything to happen.
A.E. Samaan
The Master said, “Wealth and honor are things that all people desire, and yet unless they are acquired in the proper way I will not abide them. Poverty and disgrace are things that all people hate, and yet unless they are avoided in the proper way I will not despise them. “If the gentleman abandons ren, how can he be worthy of that name? The gentleman does not violate ren even for the amount of time required to eat a meal. Even in times of urgency or distress, he does not depart from it.”(Analects 4.5)
Confucius
When all the trees have been cut down and all the animals have been hunted to extinction, when all the waters are polluted and the air is unsafe to breathe, only then will you discover you cannot eat money.
Sherrilyn Kenyon
Crime is a logical extension of the sort of behaviour that is often considered perfectly respectable in legitimate business.
Robert Rice
The earliest use of writing was strictly commercial and economic, not political or bureaucratic. It was trade, entrepreneurship, and stewardship of private property, not politics, "public education" or the creation of national mythology that allowed humankind to transition from prehistory to history. Just as trade, entrepreneurship, and stewardship of private property have always been on the forefront of civilization's advancement, so were they also the driving force behind civilization's emergence.
Jakub Bożydar Wiśniewski
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 Médaille
Capitalism—trade and industry controlled by people instead of a state—is a fine notion. Sadly, it has devolved into a culture in which tradesmen and industrialists lie, cheat, and sacrifice themselves and others for money to buy stuff that doesn’t work, doesn’t last, and doesn’t matter. And after they’re dead, their lives haven’t mattered. Even if they built a city, others will tear it down one day to build a park. Successful capitalists invest themselves in the lives of others.
Ron Brackin
As much as I say that market economy is a more aggressive, expansile form of command economy, I say now that democracy is a more aggressive, expansile form of dictatorship. The sin of democracy and any types of -cracy is their numbers.
Andreas Laurencius
[Capitalism assumed] that from the beginning all men are equal. If that were so everyone would be equipped with the same working power, the same education and, above all, the same economic assets … each person would [then] have only himself to blame if he did not succeed.
Knut Wicksell
In itself a wall on which a panoramic view of a non-existent world is drawn does not change. But for a great deal of money you can buy a view from the window with a painted sun, a sky-blue bay and a calm evening. Unfortunately the author of this fragment will again be Ed—but even this is not important, because the very window the view is bought for is also only drawn in. Then perhaps the wall on which it is drawn is a drawing too? But drawn by whom and on what?He raised his eyes to the wall of the toilet as though in hopes of an answer there. Traced on the tiles in red felt-tip pen were the jolly, rounded letters of a brief slogan: "Trapped? Masturbate!
Victor Pelevin
If we disregard the exchange of present goods for future goods, and restrict our considerations for the time being to those cases in which the only exchanges are those between present goods and present money, we shall at once observe a fundamental difference between the effects of an isolated variation in a single commodity-price, emanating solely from the commodity side, and the effects of a variation in the exchange-ratio between money and other economic goods in general, emanating from the monetary side.
Ludwig von Mises
The ideological blackmail that has been in place since the original Live Aid concerts in 1985 has insisted that ‘caring individuals’ could end famine directly, without the need for any kind of political solution or systemic reorganization. It is necessary to act straight away, we were told; politics has to be suspended in the name of ethical immediacy. Bono’s Product Red brand wanted to dispense even with the philanthropic intermediary. ‘Philanthropy is like hippy music, holding hands’, Bono proclaimed. ‘Red is more like punk rock, hip hop, this should feel like hard commerce’. The point was not to offer an alternative to capitalism - on the contrary, Product Red’s ‘punk rock’ or ‘hip hop’ character consisted in its ‘realistic’ acceptance that capitalism is the only game in town. No, the aim was only to ensure that some of the proceeds of particular transactions went to good causes. The fantasy being that western consumerism, far from being intrinsically implicated in systemic global inequalities, could itself solve them. All we have to do is buy the right products.
Mark Fisher
This is the fly in the ointment of free-market capitalism. It cannot ensure that profits are gained in a fair way, or distributed in a fair manner. On the contrary, the craving to increase profits and production blinds people to anything that might stand in the way.
Yuval Noah Harari
I am a Millionaire. That is my religion.
George Bernard Shaw
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. Ng
The capitalist mind perceives the world purely in terms of material resources to be used for its benefit, to increase productivity and profit without thought of long term consequence. If there is still a vague and oppressive sense of guilt, of wrongness and imbalance, this gnawing guilt spurs capitalism on to greater acts of consumption, more ... Read moreviolent attempts to subjugate nature, more totalizing efforts to create distractions. To the "rational materialist" mind, death is the end of everything; this thought feeds its rage against nature, which has placed it in this position of despair.
Daniel Pinchbeck
It seems obvious, looking back, that the artists of Weimar Germany and Leninist Russia lived in a much more attenuated landscape of media than ours, and their reward was that they could still believe, in good faith and without bombast, that art could morally influence the world. Today, the idea has largely been dismissed, as it must in a mass media society where art's principal social role is to be investment capital, or, in the simplest way, bullion. We still have political art, but we have no effective political art. An artist must be famous to be heard, but as he acquires fame, so his work accumulates 'value' and becomes, ipso-facto, harmless. As far as today's politics is concerned, most art aspires to the condition of Muzak. It provides the background hum for power.
Robert Hughes
Old McDonald had a restaurant,E, I, E, I, O,And in that restaurant was some beef,E, I, E, I, O,With a moo moo here,And a moo moo there.Here a moo, there a moo,Everywhere a moo moo cholesterol filled death trap burger.
Harry Whitewolf
The global industrial food system holds an inherent contradiction. It is a major source of global warming pollution, and at the same time it is threatened by increasing climate chaos. This same food system currently leaves close to a billion people hungry, not for a lack of food production or "overpopulation"-as many textbooks tell students- but because the global market privileges the profits of multinational corporations over the human rights to food.
Bill Bigelow
You can't stop the gears of capitalism. But you can always be a pain in the ass.
Jarett Kobek
He had been taught as a child that Urras was a festering mass of inequity, iniquity, and waste. But all the people he met, and all the people he saw, in the smallest country village, were well dressed, well fed, and contrary to his expectations, industrious. They did not stand about sullenly waiting to be ordered to do things. Just like Anaresti, they were simply busy getting things done. It puzzled him. He had assumed that if you removed a human being's natural incentive to work -- his initiative, his spontaneous creative energy -- and replaced it with external motivation and coercion, he would become a lazy and careless worker. But no careless workers kept those lovely farmlands, or made the superb cars and comfortable trains. The lure and compulsion of profit was evidently a much more effective replacement of the natural initiative than he had been led to believe.
Ursula K Le Guin
Remember that when an employee enters your office he is in a strange land.
Erwin H. Schell
During these years in the small-talk wilderness, I also wondered why Americans valued friendliness with commerce so much. Was handing over cash the sacred rite of American capitalism—and of American life? On a day that I don’t spend money in America, I feel oddly depressed. It’s my main form of social interaction—as it is for millions of Americans who live alone or away from their families.
Karan Mahajan
Because life is robust,Because life is bigger than equations, stronger than money, stronger than guns and poison and bad zoning policy, stronger than capitalism,Because Mother Nature bats last, and Mother Ocean is strong, and we live inside our mothers forever, and Life is tenacious and you can never kill it, you can never buy it,So Life is going to dive down into your dark pools, Life is going to explode the enclosures and bring back the commons,O you dark pools of money and law and quantitudinal stupidity, you oversimple algorithms of greed, you desperate simpletons hoping for a story you can understand,Hoping for safety, hoping for cessation of uncertainty, hoping for ownership of volatility, O you poor fearful jerks,Life! Life! Life! Life is going to kick your ass.
Kim Stanley Robinson
Capitalism: Teach a man to fish, but the fish he catches aren't his. They belong to the person paying him to fish, and if he's lucky, he might get paid enough to buy a few fish for himself.
Karl Marx
Democratically-oriented Jeffersonian inspiration has prevailed throughout history and certainly been more admired than capitalistic Hamiltonian-style motivations of greed and power.
Patrick Mendis
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.
Ludwig von Mises
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.
Brian J. Walsh
This crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career.
Albert Einstein
In a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold.
Kim Stanley Robinson
The educated man pictures a horde of submen, wanting only a day's liberty to loot his house, burn his books, and set him to work minding a machine or sweeping out a lavatory. 'Anything,' he thinks, 'any injustice, sooner than let that mob loose.' He does not see that since there is no difference between the mass of rich and poor, there is no question of setting the mob loose. The mob is in fact loose now, and--in the shape of rich men--is using its power to set up enormous treadmills of boredom, such as 'smart' hotels.
George Orwell
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.
Jeffrey Tucker
The business card does not fully reflect who we are. We are being judged, we feel, in a humiliating way. We feel there is so much in us that has not got an expression in capitalism. You know, capitalism is a machine that recognizes outward financial, external achievement. And most of us carry all kinds of richness which we are unable to translate into that language.
Alain de Botton
Sweezy argued on the basis of Marx and Keynes that “accumulation is the primary factor” in capitalist development, yet noted that its influence was waning. “There is no mechanism in the system,” he explained, “for adjusting investment opportunities to the way capitalists want to accumulate and no reason to suppose that if investment opportunities are inadequate capitalists will turn to consumption—quite the contrary.
John Bellamy Foster
There are two parts to the problem of measuring the objective exchange-value of money. First we have to obtain numerical demonstration of the fact of variations in the objective exchange-value of money; then the question must be decided whether it is possible to make a quantitative examination of the causes of particular price movements, with special reference to the question whether it would be possible to produce.So far as the first-named problem is concerned, it is self-evident that its solution must assume the existence of a good, or complex of goods, of unchanging objective exchange-value. The fact that such goods are inconceivable needs no further elucidation.If the one is proved to be soluble, then so also is the other; and proof of the insolubility of the one is also proof of the insolubility of the other.
Ludwig von Mises
Mr. Disney, we are returning your Duck. Feathers plucked and well-roasted. Look inside, you can see the handwriting on the wall, our hands still writing on the wall: Donald, Go Home!
Ariel Dorfman
By far the most significant consequence of "selfish capitalism" (Thatch/Blatcherism) has been a startling increase in the incidence of mental illness in both children and adults since the 1970s.
Oliver James
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