“I suggest that the hon. gentleman may be a good corporation lawyer, but he is slipping badly in his history. The capitalist system did not produce the machine age; the machine age produced the capitalist system. The material prosperity that the world has enjoyed for the last seventy-five years or one hundred years has been due to the introduction of power; steam power, then electric power and the internal combustion engine. The capitalist system or the free enterprise system - the terms are synonymous and interchangeable - was the product of the power age. The capitalist system did not produce the power age.”

Budget Debate, House of Commons, Ottawa, Ontario, March 22, 1943.

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 "I suggest that the hon. gentleman may be a good corporation lawyer, but he is slipping badly in his history. The capita…" by Tommy Douglas?

Tommy Douglas26

Scottish-born Canadian politician 1904–1986

Related quotes

“The idea that money begets money, and that the rich and powerful enjoy unfair advantages, goes against what we are taught - or like to believe - about the capitalist system.”

David Orrell (1962) Canadian mathematician

Source: The Other Side Of The Coin (2008), Chapter 9, Square Versus Oblong, p. 280

“We live in the capitalist system, so-called because its dominated b the capitalist class. In this system the capitalists are the rulers and the workers the subjects. The capitalists are in a decided minority and yet they rule because of the ignorance of the working class.”

Eugene V. Debs (1855–1926) American labor and political leader

Working Class Politics (1910)

“The capitalist cannot store labour-power in warehouses after he has bought it, as he may do with the raw material.”

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

Vol. II, Ch. XV, p. 285.
(Buch II) (1893)

“The worker in a capitalist state—and that is his deepest misfortune—is no longer a living human being, a creator, a maker. He has become a machine. A number, a cog in the machine without sense or understanding. He is alienated from what he produces.”

Joseph Goebbels (1897–1945) Nazi politician and Propaganda Minister

Written by Joseph Goebbels and Mjölnir, Die verfluchten Hakenkreuzler. Etwas zum Nachdenken (Munich: Verlag Frz. Eher, 1932).Translated as “Those Damned Nazis: Why a Workers Party?<br><br> “Those Damn Nazis: Why Are We a Workers’ Party?” https://research.calvin.edu/german-propaganda-archive/haken32.htm written by Joseph Goebbels and Mjölnir, Die verfluchten Hakenkreuzler. Etwas zum Nachdenken, Nazi propaganda pamphlet (Munich: Verlag Frz. Eher, 1932) <br class="br">1930s

“Historical, political economic systems theory. The Marxian approach to system theorizing clearly points us to sociologically important phenomena: the material conditions of social life, stratification and social class, conflict, the reproduction as well as transformation of capitalist systems, the conditions that affect group mobilization and political power, and the ways ideas functions as ideologies.”

Tom R. Burns (1937) American sociologist

Source: Systems theories (2006), p. 2.

“When wealth,power, and media are monopolized by a minority, how can they speak about freedom and justice? The capitalist systems can never grant freedom and justice.”

Mahmoud Ahmadinejad (1956) 6th President of the Islamic Republic of Iran

Twitter https://twitter.com/Ahmadinejad1956 18 Feb 2019 <br class="br">2019

“Capitalism is commodity production at the highest stage of development, when labor power itself becomes a commodity. The growth of internal exchange, and particularly of international exchange, is a special feature of capitalism. The uneven and spasmodic character of the development of individual enterprises, of individual branches of industry and individual countries, is inevitable under the capitalist system.”

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

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Four, "The Export of Capital"

“It is in underdeveloped world that he central, overriding fact of our epoch becomes manifest to the naked eye: the capitalist system, once a mighty engine of economic development, has turned into a no less formidable hurdle to human advancement.”

Paul A. Baran (1909–1964) American Marxist economist

Source: The Political Economy Of Growth (1957), Chapter Eight, The Steep Ascent, p. 249

“In the present time production is dominated by capital. The capitalist, possessor of money, founded the factory, bought the machines and the raw materials, hires the workers and makes them produce goods that can be sold.”

Antonie Pannekoek (1873–1960) Dutch astronomer and Marxist theorist

Section 1.1, "Labor"
Workers Councils (1947)

“The Capitalist system with its exploitation of those who are economically weak, with its robbery of the workers labour power, with its unethical way of appraising human beings by the number of things and the amount of money he possesses, instead of by their internal value and their achievements, must be replaced by a new and just economic system, in a word by German Socialism.”

Gregor Strasser (1892–1934) German politician, rival of Adolf Hitler inside the Nazi Psrty

Tradition & Revolution: Collected Writings of Troy Southgate, editors: Patrick Boch, Jacob Christiansen and John B. Morgan, UK, Arktos Media (2010) p. 66.

Help us to complete the source, original and additional information

Tommy Douglas26

Related quotes

Related topics