“As today’s form of capitalism is not compatible with our social and cultural value system, sooner or later it will be damaging to the foundations of societies and the values they are built on.
Therefore, capitalism must be upgraded in a way that is compatible with societal and cultural values and with the fairness principle to provide equal opportunities.”

— Dirk Helbing

" An Urgent Appeal to Save the Planet, Part IV: Upgrading Today’s Capitalism https://www.theglobalist.com/capitalism-society-equality-sustainability-crowd-funding/" (August 23, 2017)

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 "As today’s form of capitalism is not compatible with our social and cultural value system, sooner or later it will be d…" by Dirk Helbing?

Dirk Helbing 1

Complex systems scientist 1965

Related quotes

“Our economy, society, and culture are built on interests, values, institutions, and systems of representation that, by and large, limit collective creativity, confiscate the harvest of information technology, and deviate our energy into self-destructive confrontation. This state of affairs must not be.”

Manuel Castells (1942) Spanish sociologist (b.1942)

Source: End of Millennium, 1998, p. 379

“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

“Laissez-faire capitalism, or anarchocapitalism, is simply the economic form of the libertarian ethic. Laissez-faire capitalism encompasses the notion that men should exchange goods and services, without regulation, solely on the basis of value for value. It recognizes charity and communal enterprises as voluntary versions of this same ethic. Such a system would be straight barter, except for the widely felt need for a division of labor in which men, voluntarily, accept value tokens such as cash and credit. Economically, this system is anarchy, and proudly so.”

Karl Hess (1923–1994) American journalist

"The Death of Politics", essay in Playboy (March 1969) http://fare.tunes.org/books/Hess/dop.html; also available in Hess's autobiography, Mostly on the Edge.

“Values identify what you stand for. In a sense, these values are the very foundation of your culture, those basic principles on which you are unwilling to compromise. It is extremely important that the values in any organization be clearly articulated for and understood by everyone in that organization.”

Don Soderquist (1934–2016)

Don Soderquist “ The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company https://books.google.com/books?id=mIxwVLXdyjQC&lpg=PR9&dq=Don%20Soderquist&pg=PR9#v=onepage&q=Don%20Soderquist&f=false, Thomas Nelson, April 2005, p. 29.
On Putting Your Values First

“Cultures are, in the final analysis, value-guided systems.”

Ervin László (1932) Hungarian musician and philosopher

Source: The systems view of the world (1996), p. 75.

“Every culture, or subculture, is defined by a set of common values, that is, generally agreed upon preferences. Without a core of common values a culture cannot exist, and we classify society into cultures and subcultures precisely because it is possible to identify groups who have common values.”

Kenneth E. Boulding (1910–1993) British-American economist

Source: 1960s, Economics As A Moral Science, 1969, p. 12

“The circulation of capital realizes value, while living labour creates value.”

Karl Marx (1818–1883) German philosopher, economist, sociologist, journalist and revolutionary socialist

(1857/58)
Source: Notebook V, The Chapter on Capital, p. 463.

“Once the means of production have become capital, a certain quantity of value is augmented through the exploitation of labor. And this valorizing value is capital.”

Itsurō Sakisaka (1897–1985) Japanese economist

Exploitation of Labor (1967)

“Democracy as a system of government may indeed be unprecedented in Afghanistan, but democracy as a way of life, a set of principles and values, is deeply embedded in our society.”

Hamid Karzai (1957) President of Afghanistan

Speech at the India Today Conclave http://www.afghanembassyjp.org/en/news/?an=1092 (February 25, 2005)
2005

“Consequences are governed by principles and behavior is governed by values; therefore, value principles!”

Stephen R. Covey book The 8th Habit: From Effectiveness to Greatness

The 8th Habit : From Effectiveness to Greatness‎ (2004)
Context: Values are social norms — they're personal, emotional, subjective, and arguable. All of us have values. Even criminals have values. The question you must ask yourself is, Are your values based upon principles? In the last analysis, principles are natural laws — they're impersonal, factual, objective and self-evident. Consequences are governed by principles and behavior is governed by values; therefore, value principles!

p. 49

Help us to complete the source, original and additional information

Dirk Helbing 1

Related quotes

Related topics