
“Capitalism without competition isn’t capitalism; it’s exploitation.”
2021, July 2021, Remarks by President Biden At Signing of An Executive Order Promoting Competition in the American Economy
Bullshit Jobs: A Theory (2018)
“Capitalism without competition isn’t capitalism; it’s exploitation.”
2021, July 2021, Remarks by President Biden At Signing of An Executive Order Promoting Competition in the American Economy
“Interview with Milton Friedman”, Playboy magazine (Feb. 1973)
2010s, Markets, Governments, and the Common Good
In that work, he proposed many policies that are harmonious with free markets and are receiving serious attention in the United States and other countries. This list includes school choice, the flat-rate income tax, rules for monetary stability, privatized social security, and the elimination of affirmative-action programs.
Getting It Right (1997); Introduction
Source: 1860s, First State of the Union address (1861)
Context: Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights. Nor is it denied that there is, and probably always will be, a relation between labor and capital producing mutual benefits. The error is in assuming that the whole labor of community exists within that relation.
Source: Living In The Number One Country (2000), Chapter Five, Corporatizing Communication And Culture, p. 132
Part 1, Chapter 2, Capitalism, p. 33
Economics For Everyone (2008)
Source: The Political Economy Of Growth (1957), Chapter Five, On The Roots Of Backwardness, p. 144
Source: Imperialism, the highest stage of capitalism: a popular outline
“I've never read Marx's Capital, but I've got the marks of capital all over my body.”
Humour and Social Protest, By Marjolein t'Hart & Dennis Bos, 2007, page 39.