“In short, the rules of behaviour in capitalist society systematically produce irrational consequences.”

— David McNally

Source: Another World Is Possible : Globalization and Anti-capitalism (2002), Chapter 3, The Invisible Hand Is A Closed Fist, p. 86

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "In short, the rules of behaviour in capitalist society systematically produce irrational consequences." by David McNally?

David McNally23

Canadian political scientist 1953

Related quotes

“A capitalist regime is more likely to produce these narcissistic behaviours in its citizens compared to a socialist country.”

Mwanandeke Kindembo (1996) Congolese author

“Present-day society is wholly based on the exploitation of the vast masses of the working class by a tiny minority of the population, the class of the landowners and that of the capitalists. It is a slave society, since the “free” workers, who all their life work for the capitalists, are “entitled” only to such means of subsistence as are essential for the maintenance of slaves who produce profit, for the safeguarding and perpetuation of capitalist slavery.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

Collected Works, Vol. 10, pp. 83–87.
Collected Works

“In a social order dominated by capitalist production even the non-capitalist producer is gripped by capitalist conceptions.”

Karl Marx book Das Kapital

Vol. III, Ch. I, Cost Price and Profit, p. 39.
Das Kapital (Buch III) (1894)

“The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil. We see before us a huge community of producers the members of which are unceasingly striving to deprive each other of the fruits of their collective labor — not by force, but on the whole in faithful compliance with legally established rules.”

Albert Einstein (1879–1955) German-born physicist and founder of the theory of relativity

1940s, Why Socialism? (1949)

“In the mater of education as in all other matters the Communist Party is not merely faced by constructive tasks. In the educational system bequeathed to it by capitalist society, it must hasten to destroy everything which has made of the school an instrument of capitalist rule.”

Nikolai Bukharin (1888–1938) Soviet politician

Source: ABC's of Communism, Ch.X, p. 282

“Capitalists behave like capitalists wherever they are. They pursue the expansion of value through exploitation without regard to the social consequences.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 13, Crisis In The Space Economy Of Capitalism, p. 424

“Governments in capitalist society are but committees of the rich to manage the affairs of the capitalist class.”

James Connolly (1868–1916) Irish republican and socialist leader

The Irish Worker, 29 August, 1915. Reprinted in P. Beresford Ellis (ed.), James Connolly - Selected Writings, p. 248

“Markowitz's main interest is prescription of rules of rational behaviour for investors;”

James Tobin (1918–2002) American economist

Tobin, James. " Liquidity preference as behavior towards risk http://web.uconn.edu/ahking/Tobin58.pdf." The review of economic studies (1958): 65-86. <br class="br">1950s-60s <br class="br">Context: A forthcoming book by Harry Markowitz, Techniques of Portfolio Selection, will treat the general problem of finding dominant sets and computing the corresponding opportunity locus, for sets of securities all of which involve risk. Markowitz's main interest is prescription of rules of rational behaviour for investors; the main concern of this paper is the implications for economic theory, mainly comparative statics, that can be derived from assuming that investors do in fact follow such rules.

“Let me examine the alleged "distinction from capitalism" characteristic of the Soviet Union and see whether it isn't a distinction from a certain stage of capitalism rather than from capitalism as a whole. The determining factor in analyzing the class nature of a society is not whether the means of production are the private property of the capitalist class or are state-owned, but whether the means of production … are monopolized and alienated from the direct producers. The Soviet Government occupies in relation to the whole economic system the position which a capitalist occupies in relation to a single enterprise. … "Bureaucratic state socialism" is an irrational expression behind which there exists the real economic relation of state-capitalist-exploiter to the propertyless exploited.”

Raya Dunayevskaya (1910–1987) American philosopher

"The Union of Soviet Socialist Republics is a Capitalist Society" (1941), in Russia: From Proletarian Revolution to State-Capitalist Counter-Revolution (2017), p. 210

“From its inception, the fascist arrangement has attempted to create the illusion of a mass society in which the traditional capitalist ruling class would continue to play its leading role.”

George Jackson (activist) (1941–1971) activist, Marxist, author, member of the Black Panther Party, and co-founder of the Black Guerrilla Family

Source: Blood in My Eye (1971), p. 121

“In short, the rules of behaviour in capitalist society systematically produce irrational consequences.”

Help us to complete the source, original and additional information

David McNally23

Related quotes

Related topics