“One of the necessary accompaniments of capitalism in a democracy is political corruption.”

Last update June 3, 2021. History

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Upton Sinclair50

American novelist, writer, journalist, political activist 1878–1968

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“Today, more than ever, it is critical for American citizens to understand the difference between the free-market capitalism that made our country great and the corporate cronyism that is now corrupting our political process, strangling democracy and devouring our national treasures.”

Robert Francis Kennedy, Jr. (1954) American activist

In "Crimes against nature" in Rolling Stone magazine (11 December 2003).

“Membership in the social democracy means a struggle, a political struggle with grievous persecutions, and a private struggle for existence, a struggle that for the majority is far more difficult and heavy than the political struggle. And it is necessary, because the courage for this twofold struggle is created only by the consciousness that the injustice of society by which the great majority of mankind are to-day oppressed, corrupted and crippled, can only be abolished through a revolutionary movement, that is, a movement that shall completely exterminate capitalism with every fiber of its roots.”

Wilhelm Liebknecht (1826–1900) German socialist politician

No Compromise – No Political Trading (1899)

“It is probably true that business corrupts everything it touches. It corrupts politics, sports, literature, art, labor unions and so on. But business also corrupts and undermines monolithic totalitarianism. Capitalism is at its liberating best in a noncapitalist environment.”

Eric Hoffer (1898–1983) American philosopher

"Thoughts of Eric Hoffer, Including: 'Absolute Faith Corrupts Absolutely'", The New York Times Magazine (April 25, 1971), p. 50.

“History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”

Milton Friedman book Capitalism and Freedom

Source: Capitalism and Freedom (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 10
Context: Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like : the typical state of mankind is tyranny, servitude, and misery. The nineteenth century and early twentieth century in the Western world stand out as striking exceptions to the general trend of historical development. Political freedom in this instance clearly came along with the free market and the development of capitalist institutions. So also did political freedom in the golden age of Greece and in the early days of the Roman era.
History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

“Many of the criticisms of capitalism advanced by socialists were essentially correct. Capitalism is persistently at odds with values of equity, fairness, political equality among all citizens, and democracy.”

Robert A. Dahl (1915–2014) American political scientist

After the Revolution? (1970; 1990), Ch. 3 : Democracy and Markets

“Everyday I become more convinced, there is no doubt in my mind, as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can not be transcended through capitalism itself; it must be done through socialism, true socialism, with equality and justice. I’m also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.”

Hugo Chávez (1954–2013) 48th President of Venezuela

Hugo Chávez during his closing speech at the World Social Forum in Porto Alegre, Brazil. January 31, 2005. http://www.venezuelanalysis.com/news.php?newsno=1486 <br class="br">2005

“The functionaries of our political organizations and trade unions are corrupted — or rather tend to be corrupted — by the conditions of capitalism and betray a tendency to become bureaucrats, i. e., privileged persons divorced from the people and standing above the people.”

Vladimir Lenin book The State and Revolution

Ch. 6 http://www.marxists.org/archive/lenin/works/1917/staterev/ch06.htm <br class="br">The State and Revolution (1917)

“Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.”

David Harvey (1935) British anthropologist

Introduction, p. xxxii
The Limits To Capital (2006 VERSO Edition)

“It is not Socialism that subverts democracy, but democracy that subverts capitalism.”

Michael Parenti (1933) American academic

Source: Democracy for the Few (2010 [1974]), sixth edition, Chapter 17, p. 320

“In this tremendous and truly historical uprising of the nations we are all now taking our part, some of us as leaders, others as actors or performers. On one side we find the exponents of democracy, that is Jewish capitalism with all its deadweight of obsolete political theories and parliamentary corruption, its out-moded social order, the Jewish brain trust, the Jewish newspapers, stock exchanges and banks, a concern of mixed political and economic profiteers of the worst order, arm in arm with the Bolshevist state.”

Adolf Hitler (1889–1945) Führer and Reich Chancellor of Germany, Leader of the Nazi Party

“Speech to the Reichstag Assuming New Powers” https://www.jewishvirtuallibrary.org/adolf-hitler-speech-to-the-reichstag-assuming-new-power-april-1942, (April 26, 1942) <br class="br">1940s

“One of the necessary accompaniments of capitalism in a democracy is political corruption.”

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Upton Sinclair50

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