David Fleming: Capital

David Fleming was British activist. Explore interesting quotes on capital.
David Fleming: 50   quotes 1   like

“A culture is like the upright strands that you begin with in basket-making, round which you wind the texture of the basket itself: no sticks, no basket; no culture, no community. It is the grammar, the story, humour and good faith that identifies a community and gives it existence. It is both the parent and child of social capital. And the social capital of a community is its social life – the links of cooperation and friendship between its members. It is the common culture and ceremony, the good faith and reciprocal obligations the civility and citizenship, the play, humour and conversation which make a living community, the cooperation that builds its institutions. It is the social ecosystem in which a culture lives.”

David Fleming

Lean Logic, (2016), p. xxi, introduction http://www.flemingpolicycentre.org.uk/lean-logic-surviving-the-future/

Life , Friendship , Faith , Communication

“The only problem with capitalism is that it destroys the planet, and that it’s based on growth. I mean apart from those two little details it’s got a lot to be said in its favour.”

David Fleming

Interview, November 4th, 2010 http://www.darkoptimism.org/2016/10/14/by-popular-demand-david-flemings-interviews/

Problem , Thinking

“It's not necessarily against a system that it collapses, because most systems do collapse in the end. That’s a part of the wheel of life - systems do collapse. So I’m to some extent slightly inclined to forgive capitalism for being about to collapse. I mean there are lots of fine things, lots of love affairs and the like which have come to a sticky end. On the other hand, it is quite an accusation - quite hard for it to live down - that it's going to destroy the entire planet with it.”

David Fleming

Interview, November 4th, 2010 http://www.darkoptimism.org/2016/10/14/by-popular-demand-david-flemings-interviews/

Love , Life , Forgiveness , Parting

“Unfortunately, the critics of economics have had a tendency to discuss the whole structure as a tissue of misconceptions. It is a critique that fails. The strength of economics is its considerable, if far from complete, understanding of the flows and comparative advantages that underlie trade, jobs, capital and incomes, and the logic of optimising behaviour, all backed by glittering accomplishment in mathematics. That makes it a powerful analytical instrument, so that just a few misconceptions – such as a failure to understand the informal economy or resource depletion – have leverage: like a baby monkey at the controls of a Ferrari, they can turn it into an instrument with extraordinarily destructive potential. If it were a tissue of errors, it would not be dangerous: it is its 90 percent brilliance which makes it so.”

David Fleming

Lean Logic, (2016), p. 123, entry on Economics http://www.flemingpolicycentre.org.uk/lean-logic-surviving-the-future/

Error , Mathematics , Failure , Understanding