“Human beings are not efficiently designed for a capitalist system of production.”

Source: The Age of Extremes (1992), p. 414.

Adopted from Wikiquote. Last update Jan. 16, 2022. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Human beings are not efficiently designed for a capitalist system of production." by Eric Hobsbawm?
Eric Hobsbawm photo
Eric Hobsbawm 47
British academic historian and Marxist historiographer 1917–2012

Related quotes

Fidel Castro photo

“The capitalist system of production, once it had given all it was capable of giving, became an abysmal obstacle to the progress of humanity.”

Fidel Castro (1926–2016) former First Secretary of the Communist Party and President of Cuba

The Second Declaration of Havana (1962)

Joseph E. Stiglitz photo
Ludwig von Mises photo

“The capitalist system of production is an economic democracy in which every penny gives a right to vote.”

The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people’s mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what the consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Source: Bureaucracy (1944), Chapter I: Profit Management, § 1: The Operation of The Market Mechanism

George Orwell photo
Edward Bellamy photo
Lewis Mumford photo
Immanuel Wallerstein photo
Ernest Mandel photo
Fred Brooks photo

Related topics