Quotes about capital (1674 quotes, page 4)

“Other powers will continue to enjoy an equal right to trade in and develop the natural resources of the occupied territory, for the economic development of which the investment of foreign capital is very desirable.”

Kōki Hirota (1878–1948) Japanese politician executed

Quoted in "British Relations with China" - Page 138 - by Irving Sigmund Friedman - History - 1940.

Nature

“The responsibility lies with the mentality of the meat industry that treats both animals and "human capital" like machines … human beings cannot be human (much less humane) under the conditions of a factory farm or slaughterhouse.”

Jonathan Safran Foer book Eating Animals

Eating Animals (2009)

Animals

“Objectivism is a philosophical movement; since politics is a branch of philosophy, Objectivism advocates certain political principles — specifically, those of laissez-faire capitalism — as the consequence and the ultimate practical application of its fundamental philosophical principles. It does not regard politics as a separate or primary goal, that is: as a goal that can be achieved without a wider ideological context…. Objectivists are not "conservatives." We are radicals for capitalism; we are fighting for that philosophical base which capitalism did not have and without which it was doomed to perish.”

Ayn Rand (1905–1982) Russian-American novelist and philosopher

“Choose Your Issues,” The Objectivist Newsletter, Vol. 1, No. 1 (1962)

Fight

“If I discover a manure which will enable me to make a piece of land produce 20 per cent more corn, I may withdraw at least a portion of my capital from the most unproductive part of my farm.”

David Ricardo (1772–1823) British political economist, broker and politician

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter II, On Rent, p. 43

Parting

“Convinced as I am and as I am from my government that the world needs a new moral architecture over all, I believe that this should be the first topic to debate in our world of today - ethics, and moral…[Capitalism is] an infernal machine that produces every minute an impressive amount of poor, 26 million poor in 10 years are 2.6 million per year of new poor, this is the road, well, the road to hell.”

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

Hugo Chávez http://www.thefinancialexpress-bd.com/index.php?ref=MjBfMDNfMThfMTNfMV8yN18xNjM1MDI=
Unknown year

World , Hell

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

The Second Declaration of Havana (1962)

Hunger , War , People , Truth

“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"

Country

“[T]o talk about socialism as a function of practical politics means gliding past its underlying appeal. After all, there are countless other ideologies that can be similarly reduced to the desire for power expressed by certain elites or certain segments of the aggrieved masses themselves. The most obvious example is, of course, nationalism, which has more in common with socialism than is ordinarily believed. From the French Jacobins to the Italian Fascists, nationalists tend to be in favor of state-directed economics, the redistribution of wealth, and a collectivist or communal organization of society. What unites all of these movements is a sense that liberal democratic capitalism doesn’t provide a sense of social solidarity. It is too atomizing, too cut-throat, and mostly unconcerned with how we should all live together.”

Jonah Goldberg (1969) American political writer and pundit

2010s, 2018, Socialism is So Hot Right Now (2018)

Communication , Sense , Past , Wealth

“Then in 1839, almost two decades before the mutiny, we rose against the British. Our punishment was severe. They disbanded our police and army of 50,000, transferred our capital to Kollam, dumped two British regiments on us, and ordered us to pay for their upkeep. Thomas Munroe named himself Diwan of Travancore. When our spirit still did not flag, they brought in missionaries. But we did not get gobbled up by Western thought. We travel abroad occasionally, but it has not affected or changed our simple way of life. Why am I telling you this? So that you get an idea of how much our life has revolved around our faith, despite so many outside influences and kept us going.”

Uthradom Thirunal Marthanda Varma (1922–2013) Maharaja of Travancore

On retaining his identity inspite of Britih control, in “The riches belong to nobody, certainly not to our family.”
The riches belong to nobody, certainly not to our family, 2009

Life , Faith , Way , Travel

“One of feminism’s irritating reflexes is its fashionable disdain for “patriarchal society,” to which nothing good is ever attributed. But it is patriarchal society that has freed me as a woman. It is capitalism that has given me the leisure to sit at this desk writing this book. Let us stop being small-minded about men and freely acknowledge what treasures their obsessiveness has poured into culture.”

Camille Paglia (1947) American writer

Source: Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson (1990), p. 37

Men , Books , Fashion

“I think Catholicism is actually so counter-cultural to capitalism that it’s great to get relief from that economic narrative. It’s great to go to a place where it’s all about the losers,” he says, laughing loudly. “Capitalism is all about winning and ‘be the best that you can be’. That’s a tiresome mantra. ‘I am legend’ is appropriate if you’re a superhero, but not if you’re a human.””

Tommy Tiernan (1969) Irish comedian

Source: https://www.irishtimes.com/culture/tv-radio-web/tommy-tiernan-i-love-going-to-mass-it-s-all-about-the-losers-1.3268576

Thinking

“My response to Bernie Sanders' you know uh stories you know fairytales is that uh the failure of capitalism is still much better than the success of socialism.”

Garry Kasparov (1963) former chess world champion

2010s, Interview with Bill Kristol (2016)

Failure , Fairytale , Success

“Whenever the rate of return on capital is significantly and durably higher than the growth rate of the economy, it is all but inevitable that inheritance (of fortunes accumulated in the past) predominates over saving (wealth accumulated in the present). … The inequality r > g in one sense implies that the past tends to devour the future: wealth originating in the past automatically grows more rapidly, even without labor, than wealth stemming from work, which can be saved. Almost inevitably, this tends to give lasting disproportionate importance to inequalities created in the past, and therefore to inheritance.”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 377.

Sense , Past , Future , Wealth

“Business leaders, of course, had long been working to "merchandise" themselves through the appropriation of religion. In organizations such as Spiritual Mobilization, the prayer breakfast groups, and the Freedoms Foundation, they had linked capitalism and Christianity and, at the same time, likened the welfare state to godless paganism. After decades of work, these businessmen believed their efforts had finally paid off with the election of Dwight Eisenhower.”

Kevin M. Kruse (1972) American historian

Source: One Nation Under God: How Corporate America Invented Christian America (2015), p. 86

Religion , Business , Effort , Freedom

“I would rather be defeated than make capital out of my religion.”

James A. Garfield (1831–1881) American politician, 20th President of the United States (in office in 1881)

Source: 1880s, Garfield's Words (1882)

Religion

“10 per cent inflation is not heaven and the factors are all still there to push it up much further next year. Nor has the Government any policy adequate to deal with unemployment. It is not capitalism that is in crisis. It is Socialism that is in collapse. The faith has vanished. The principles are shattered. It won't do for Liberals merely to say they will put on the brakes. Even if you slow down the Gadarene swine, they will go over the precipice eventually.”

Jo Grimond (1913–1993) British soldier, politician and academic

In The Spectator (21 January, 1978).

Faith , Swine

“Whatever his merits as an economist, Hume's place as one of the foremost exponents of capitalism is clearly established. His views on the landed interest and his recognition of self-interest and his desire for accumulation as the driving forces of economic activity in his time helped to consolidate the forces that were struggling to add political power to the economic supremacy which they had already achieved.”

Eric Roll, Baron Roll of Ipsden (1907–2005) British economist

Source: A History of Economic Thought (1939), Chapter III, The Founders Of Political Economy, p. 123

Time , Help

“We are quite obviously faced with a need to organize some small defenses to the more flagrant abuses of the system now…. While we await the precise moment when all of capitalism's victims will indignantly rise to destroy the system, we are being devoured…. Some of us are going to have to take our courage in hand and build a hard revolutionary cadre for selective retaliatory violence.”

Jonathan P. Jackson (1953–1970) American kidnapper

Source: From Blood in My Eye (1971), pp. 11-12

Courage

“I did not join this Party to have a yuppy-land approach, to run capitalism better than the Tories. I joined this party to change this society and create a socialist alternative.”

Arthur Scargill (1938) British trade unionist

Speech to the Labour Party Conference (3 October 1988), quoted in "Scargill in furious attack on reform", The Times (4 October 1988), p. 9

Change

“It is these two thoughts of union and peace which appear to me to be especially appropriate for our consideration on this day. Like all else in human experience, they are not things which can be set apart and have an independent existence. They exist by reason of the concrete actions of men and women. It is the men and women whose actions between 1861 and 1865 gave us union and peace that we are met here this day to commemorate. When we seek for the chief characteristic of those actions, we come back to the word which I have already uttered — renunciation. They gave up ease and home and safety and braved every impending danger and mortal peril that they might accomplish these ends. They thereby became in this Republic a body of citizens set apart and marked for every honor so long as our Nation shall endure. Here on this wooded eminence, overlooking the Capital of the country for which they fought, many of them repose, officers of high rank and privates mingling in a common dust, holding the common veneration of a grateful people. The heroes of other wars lie with them, and in a place of great preeminence lies one whose identity is unknown, save that he was a soldier of this Republic who fought that its ideals, its institutions, its liberties, might be perpetuated among men. A grateful country holds all these services as her most priceless heritage, to be cherished forevermore.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Freedom and its Obligations (1924)

Women , Men , War , People

“No, fascism is not a power standing above class, nor government of the petty bourgeoisie or the lumpen-proletariat over finance capital. Fascism is the power of finance capital itself.”

Georgi Dimitrov (1882–1949) Bulgarian politician

Ch. 1, The Class Character of Fascism https://www.marxists.org/reference/archive/dimitrov/works/1935/08_02.htm#s2.
The Fascist Offensive and the Tasks of the Communist International in the Struggle of the Working Class against Fascism

“Capitalism is all about somebody coming and trying to take the castle. Now what you need is …. you need a castle that has some durable competitive advantage — some castle that has a moat around it.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

Rules for success

“It is the secret scandal of capitalism that at no point has it been organized primarily around free labor.”

David Graeber (1961) American anthropologist and anarchist

Source: Debt: The First 5,000 Years (2011), Chapter Eleven, "Age of the Great Capitalist Empires", p. 350

Secret

“Capitalism without bankruptcy is like Christianity without Hell.”

Kyle Bass (1969) businessperson

BBC HARDTalk interview, 15 November 2011.

Hell

“Real economic efficiency implies including all resources that affect sustainable human well-being in the allocation system, not just marketed goods and services. Our current market allocation system excludes most non-marketed natural and social capital assets and services that are critical contributors to human well-being. The current economic model ignores this and therefore does not achieve real economic efficiency. A new, sustainable ecological economic model would measure and include the contributions of natural and social capital and could better approximate real economic efficiency.”

Robert Costanza (1950) American economist

Source: Toward a New Sustainable Economy, 2008, p. 46

Nature

“Now that they have begun to molest the capital, I want you to hit them hard − and Berlin is the place to hit them.”

Winston S. Churchill book The Second World War

To the Chief of the Air Staff (26 August 1940) after the Luftwaffe bombed London, quoted in John Colville, The Fringes of Power: Downing Street Diaries 1939-1955 (London: Hodder and Stoughton, 1985), p. 230
The Second World War (1939–1945)

“The only problem with capitalism is that it destroys the planet, and that it’s based on growth. I mean apart from those two little details it’s got a lot to be said in its favour.”

David Fleming (1940–2010) British activist

Interview, November 4th, 2010 http://www.darkoptimism.org/2016/10/14/by-popular-demand-david-flemings-interviews/

Problem , Thinking

“This is where the Continental Congress met over two hundred years ago during the American Revolution. So, Lancaster was actually the capital of our nation for one day in 1977.”

Dan Quayle (1947) American politician, lawyer

Video http://www.youtube.com/watch?v=pmT4AY-BM38

“Several implications follow from Hayek's insights into the nature of capitalism.(a) The claim "I deserve my pretax income" is not generally true. Nor should the basic organization of property rules be based on considerations of moral desert. Hence, claims about desert have no standing in deciding whether taxation for the purpose of funding social insurance is just.
(b) The claim that people rocked by the viccisitudes of the market, or poor people generally, are getting what they deserve is also not generally true. To moralize people's misfortunes in this way is both ignorant and mean. Capitalism continuously and randomly pulls the rug out from under even the most prudent and diligent people. It is in principle impossible for even the most prudent to forsee all the market turns that could undo them. (If it were possible, then efficient socialist planning would be possible, too. But it isn't.)
(c) Capitalist markets are highly dynamic and volatile. This means that at any one time, lots of people are going under. Often, the consequences of this would be catastrophic, absent concerted intervention to avert the outcomes generated by markets. For example, the economist Amartya Sen has documented that sudden shifts in people's incomes (which are often due to market volatility), and not absolute food shortages, are a principal cause of famine.
(d) The volatility of capitalist markets creates a profound and urgent need for insurance, over and above the insurance needs people would have under more stable (but stagnant) economic systems. This need is increased also by the fact that capitalism inspires a love of personal independence, and hence brings about the smaller ("nuclear") family forms that alone are compatible with it. We no longer belong to vast tribes and clans. This sharply reduces the ability of individuals under capitalism to pool risks within families, and limits the claims they can effectively make on nonhousehold (extended) family members for assistance. To avoid or at least ameliorate disaster and disruption, people need to pool the risks of capitalism.”

Elizabeth S. Anderson (1959) professor of philosophy and womens' studies

How Not to Complain About Taxes (III): "I deserve my pretax income" http://left2right.typepad.com/main/2005/01/how_not_to_comp_1.html (January 26, 2005)

Love , People , Family , Food

“As all the aims of the religious Emperor were directed to the spreading of the law of Islam and the overthrow of the practices of the infidels, he issued orders to the high diwani officers that from Wednesday, the 2nd April 1679 / 1st Rabi I, in obedience to the Quranic injunction, “till they pay commutation money (Jizyah) out of their hand and they be humbled”, and in agreement with the canonical tradition, Jizyah should be collected from the infidels (zimmis) of the capital and the provinces. Many of the honest scholars of the time were appointed to discharge the work (of collecting Jizyah). May God actuate him (Emperor Aurangzeb) to do that which He loves and is pleased with, and make his future life better than the present.”

Aurangzeb (1618–1707) Sixth Mughal Emperor

2nd April 1679 (Maasir-i-‘Alamgiri, p. 175, Tr. J.N. Sarkar), quoted in Shourie, Arun (2014). Eminent historians: Their technology, their line, their fraud. Noida, Uttar Pradesh, India : HarperCollins Publishers.
Quotes from late medieval histories, 1670s

Love , Life , Money , God

“Justice Blackmun begins his statement [declaring Blackmun's opposition to capital punishment] by describing with poignancy the death of a convicted murderer by lethal injection. He chooses, as the case in which to make that statement, one of the less brutal of the murders that regularly come before us, the murder of a man ripped by a bullet suddenly and unexpectedly, with no opportunity to prepare himself and his affairs, and left to bleed to death on the floor of a tavern. The death-by-injection which Justice Blackmun describes looks pretty desirable next to that. It looks even better next to some of the other cases currently before us, which Justice Blackmun did not select as the vehicle for his announcement that the death penalty is always unconstitutional, for example, the case of the 11-year-old girl raped by four men and then killed by stuffing her panties down her throat. See McCollum v. North Carolina.”

Antonin Scalia (1936–2016) former Associate Justice of the Supreme Court of the United States

How enviable a quiet death by lethal injection compared with that!
Callins v. Collins 510 U.S. 1141 (1994) (Scalia, J., concurring in denial of cert).
1990s

Death , Men , Justice , Penalty

“There was a time when I should have felt terribly ashamed of not being up-to-date. I lived in a chronic apprehension lest I might, so to speak, miss the last bus, and so find myself stranded and benighted, in a desert of demodedness, while others, more nimble than myself, had already climbed on board, taken their tickets and set out toward those bright but, alas, ever receding goals of Modernity and Sophistication. Now, however, I have grown shameless, I have lost my fears. I can watch unmoved the departure of the last social-cultural bus—the innumerable last buses, which are starting at every instant in all the world’s capitals. I make no effort to board them, and when the noise of each departure has died down, “Thank goodness!” is what I say to myself in the solitude. I find nowadays that I simply don’t want to be up-to-date. I have lost all desire to see and do the things, the seeing and doing of which entitle a man to regard himself as superiorly knowing, sophisticated, unprovincial; I have lost all desire to frequent the places and people that a man simply must frequent, if he is not to be regarded as a poor creature hopelessly out of the swim. “Be up-to-date!” is the categorical imperative of those who scramble for the last bus. But it is an imperative whose cogency I refuse to admit. When it is a question of doing something which I regard as a duty I am as ready as anyone else to put up with discomfort. But being up-to-date and in the swim has ceased, so far as I am concerned, to be a duty. Why should I have my feelings outraged, why should I submit to being bored and disgusted for the sake of somebody else’s categorical imperative? Why? There is no reason. So I simply avoid most of the manifestations of that so-called “life” which my contemporaries seem to be so unaccountably anxious to “see”; I keep out of range of the “art” they think is so vitally necessary to “keep up with”; I flee from those “good times” in the “having” of which they are prepared to spend so lavishly of their energy and cash.”

Aldous Huxley (1894–1963) English writer

“Silence is Golden,” p. 55
Do What You Will (1928)

Life , People , World , Fear

“To one American family out of four, the idea of capitalism as a benign system of comfort, dignity, and personal advance is only a myth, or worse, a bitter mockery.”

Robert L. Heilbroner book The Worldly Philosophers

Source: The Worldly Philosophers (1953), Chapter X, The Modern World, p. 281

Family , Idea , Personality

“Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans. Despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policy of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.”

Ron Paul (1935) American politician and physician

Fannie Mae and Freddie Mac Subsidies Distort the Housing Market, September 10, 2003 http://www.house.gov/paul/congrec/congrec2003/cr091003.htm
2000s, 2001-2005

Pain , Loss , Housing

“Well, I once wrote in - it's in Joan Mitchell Paints a Picture, as I remember, Irving Sandler, a long time ago, that I hated the word 'Nature' with a capital 'N.'... But now I accept it, I suppose. I mean, I really like trees and flowers and dogs and all that much more than.... a lot of other people [do]... You know, I really do get pleasure out of... Great pleasure. Out of just looking at... But I have fun here [New York] too, you know.”

Joan Mitchell (1925–1992) American painter

Tape number two, side A
1975 - 1992, Oral history interview with Joan Mitchell, 1986

Hate , People , Pleasure , Dogs

“In 2001, we went to raise some $3 million in venture capital in the U. S. and got rejected. So we’ve come back and raised a little bit more: $25 billion. This is not money; this is trust from the world, trust from the people.”

Jack Ma (1964) Chinese businessman

Charlie Rose Talks to Alibaba's Jack Ma http://www.bloomberg.com/news/articles/2015-01-29/alibaba-s-jack-ma-on-early-obstacles-his-ambitions, Bloomberg

Money , People , World

“Everything we feared about communism – that we would lose our houses and savings and be forced to labor eternally for meager wages with no voice in the system – has come true under capitalism.”

Jeff Sparrow (1969) Australian writer

Communism: A Love Story (2007)

Fear , Communication , Housing

“When one listens to your speeches it sounds as if you had always fought against capitalism. The truth is that it was you who gave all the power to capitalism. In this republic capitalism has grown as it had never before. You can think about the old state as you will, one thing is certain: it was not as rotten as the one you brought about! …
What shall one say when Reich president Ebert in his letters addresses the Jewish scoundrel Barmat as "My dear Barmat" and closes with the greeting "Yours Ebert"? Despite all the veneration that I feel for this man, whom by the way I respect more as a master saddle-maker than as a Reich president, I simply have to be astonished. Gentlemen, where is the "beauty and dignity?"”

Julius Streicher (1885–1946) German politician

Wenn man Euch reden hört, dann habt Ihr immer den Kapitalismus bekämpft. In Wirklichkeit habt Ihr den Kapitalismus erst in den Sattel gehoben. In dieser Republik hat sich der Kapitalismus ausgewachsen wie niemals zuvor. Mag man über den alten Staat denken wir man will, eines steht fest: so verlumpt war er nicht wie der, den Ihr uns gebracht habt! …
Was soll man dazu sagen, wenn ein Reichspräsident Ebert den jüdischen Schurken Barmat in Briefen mit "Mein lieber Barmat" anredet und ihn am Schlusse mit "Dein Ebert" grüßt? Bei aller Ehrfurcht, die ich vor dem Mann habe, den ich übrigens als Sattlermeister weit mehr schätze denn als Reichspräsident, muss ich mich doch sehr wundern. Meine Herren, wo ist da "Schönheit und Würde"?
01/23/1925, speech in the Bavarian regional parliament ("Kampf dem Weltfeind", Stürmer publishing house, Nuremberg, 1938)

Truth , Beauty , Way , Feeling

“Capitalism is a great idea in theory, but in practice it just doesn't work.”

Jeremy Hardy (1961–2019) British comedian

The News Quiz, BBC Radio 4, November 2008

Idea

“We can't do anything to change the world until capitalism crumbles. In the meantime we should all go shopping to console ourselves.”

Banksy pseudonymous England-based graffiti artist, political activist, and painter

Wall and Piece (2005)

World , Change

“When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based.”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 1.

“It is true that to one who was a rustic and a soldier the political proceedings of the capital were strange and incongruous: he spoke as ill as he commanded well, and displayed a far firmer bearing in the presence of the lances and swords of the enemy than in presence of the applause or hisses of the multitude; but his inclinations were of little moment. The hopes of which he was the object constrained him.”

Theodor Mommsen (1817–1903) German classical scholar, historian, jurist, journalist, politician, archaeologist and writer

Vol. 3, translated by W.P.Dickson
on Gaius Marius
The History of Rome - Volume 3

Hope

“The introduction of free competition is thus public declaration that from now on the members of society are unequal only to the extent that their capitals are unequal, that capital is the decisive power, and that therefore the capitalists, the bourgeoisie, have become the first class in society. Free competition is necessary for the establishment of big industry, because it is the only condition of society in which big industry can make its way.”

Friedrich Engels (1820–1895) German social scientist, author, political theorist, and philosopher

(1847)

Way , Decision

“The historic opportunity now is to present an interest free economy as a third type of solution which is to be found neither in communism nor in capitalism but transcends both.”

Margrit Kennedy (1939–2013) German architect

Source: Interest and Inflation Free Money (1995), Chapter Three, Who Would Profit From a New Monetary System?, p. 76

Communication

“The liberal state is neutral between capitalism and its critics until the critics look like they are winning.”

Terry Eagleton (1943) British writer, academic and educator

Source: 2010s, Why Marx Was Right (2011), Chapter 9, p. 197

“The Marxist critique is only a critique of capital, a critique coming from the heart of the middle and petit bourgeois classes, for which Marxism has served for a century as a latent ideology…. The Marxist seeks a good use of economy. Marxism is therefore only a limited petit bourgeois critique, one more step in the banalization of life toward the "good use" of the social!”

Jean Baudrillard (1929–2007) French sociologist and philosopher

Canadian Journal of Political and Social Theory 15 (1987) "When Bataille Attacked the Metaphysical Principle of Economy"
1980s

Life , Heart

“Dialogue in Hell:
Seventeenth Dialogue

Montesquieu:… Now I understand the apologue the god Vishnu; you have a hundred arms like the Hindu idol and each one of your fingers touches a spring. In the same way that you touch everything, are you also able to see everything?
Machiavelli: Yes, for I shall make of the police an institution so vast that in the heart of my kingdom half of the people shall see the other half…
…If, as I scarcely doubt, I succeed in attaining this result, here are some of the forms by which my police would manifest themselves abroad: men of pleasure and good company in the foreign courts, to keep an eye on the intrigues of the princes and of the exiled pretenders…the establishment of political newspapers in the great capitals, printers and book stores places in the same conditions and secretly subsidized.”

Will Eisner (1917–2005) American cartoonist

The Plot: The Secret Story of the Protocols of the Elders of Zion (10/2/2005)

Men , God , People , Pleasure

“Nationalists were gratified by [ Franz von Papen’s ] policy of making an end of party politics and of liberalism; the state began to be authoritarian, despotic… All that united it was the negative purpose of breaking with the past system. Its two main sections, representing the industrialists and the big landowners, were directly opposed to one another on first principles: the industrialists were for free trade and unrestricted capitalist competition; the landowners were for ‘autarchy,” neo-mercantilism. ‘Enlightened capitalism’ on one side, pre-capitalist patriarchalism or post-capitalist economic planning on the other. But the great new forces of the Nationalism and Socialism were unrepresented.”

Hermann Rauschning (1887–1982) German politician

Source: The Revolution of Nihilism: Warning to the West (1939), p. 8

Past

“By [refusing] to work for a traditional revolution we would not be "giving up the struggle". As we saw in the previous three chapters, we would be struggling – nonviolently – against the Prison [of consciousness] and its institutions, which are more responsible for the sterility of our lives (and our society) than "human nature" or "capitalism". But even if we can't do any more than embark on the stage of self-healing, even if we can't get a strong group together, or if all our group efforts fail to heal society, we would still be learning to preserve our worth as human beings. And that is an essential part of the political process today. For without life-oriented people… there can be no New Age evolution. And only New Age evolution can take us off of the production-consumption continuum and out of the Prison.”

Mark Satin (1946) American political theorist, author, and newsletter publisher

Page 201. The second word above was printed as "trying" in the second edition, but was printed as "refusing" in the first edition, page 78, and in the third edition, page 230. "Refusing" is consistent with Satin's argument.
New Age Politics: Healing Self and Society (1978)

Life , People , Age , Nature

“Warden Chandler: PS--Why, yes, I can in fact capitalize any words I desire. The language is English. I am English. Therefore mine is the opinion which matters, colonial heathen.”

Jim Butcher The Dresden Files

Source: The Dresden Files, Changes (2010), Chapter 18

“It is the asymmetry of the bonus system that got us here. No incentives without disincentives: capitalism is about rewards and punishments, not just rewards.”

Nassim Nicholas Taleb (1960) Lebanese-American essayist, scholar, statistician, former trader and risk analyst

Ten principles for a Black Swan-proof world (2009)

“Each system is unique. However, by capitalizing on similarities we can reduce the time, effort, and cost for some or all of them, and thus the quest for formalized design methods becomes more attractive.”

Harold Chestnut (1917–2001) American engineer

Source: Systems Engineering Tools, (1965), Systems Engineering Methods (1967), p. vii

Effort , Time

“The great majority of politicians and other interested persons tend to…. concentrate on…. measures such as education and training of labour and investment in modern efficient capital equipment…. These reforms are of extreme importance but they are concerned basically with raising the output per head of those who are in employment rather than about the number of heads that will find suitable employment.”

James Meade (1907–1995) British economist

James Meade, Full Employment Regained? An Agathotopian Dream, Cambridge University Press, Cambridge, (1995), p. xvii; As cited in: O'higgins, Niall. "The challenge of youth unemployment." International Social Security Review 50.4 (1997): p. 89

Education , Personality , Training

“[The] fact of being within capital and sustaining capital is what defines the proletariat as a class.”

Antonio Negri book Empire

53
Empire

“Capital, explaining the origins of the capitalist mode of production, points towards the inevitable historical decline and fall of this same social system. An economic theory based upon the historical relativity of every economic system, its strict limitation in time, tactlessly reminds Messrs the capitalists, their hangers-on and their apologists that capitalism itself is a product of history. It will perish in due course as it once was born. A new social form of economic organization will then take the place of the capitalist one: it will function according to other laws than those which govern the capitalist economy.”

Ernest Mandel (1923–1995) Belgian economist and Marxist philosopher

Introduction to Capital. Introduction to volume 1 (1976)

Law , History , Time

“In fact rock, rather than being an example of how freedom can be achieved within the capitalist structure, is an example of how capitalism can, almost without conscious effort, deceive those whom it oppresses…. So effective has the rock industry been in encouraging the spirit of optimistic youth take-over that rock's truly hard political edge, its constant exploration of the varieties of youthful frustration, has been ignored and softened.”

Michael Lydon (1907–1977) Irish politician

"Rock for Sale"; quoted in The Sociology of Rock, Simon Frith, 1978, ISBN 0094602204

Youth , Effort , Freedom

“The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth production mercantile wealth was visibly transformed into capital, as it acquired the dual function of purchasing machines and raw materials, on the one hand, and buying human energy to power their operation on the other.”

Eric Wolf (1923–1999) American anthropologist

Source: Europe and the People Without History, 1982, Chapter 9, Industrial Revolution, p. 267.

Clothes , Wealth

“In general it may be said that demand is quite as necessary to the increase of capital as the increase of capital is to demand.”

Thomas Robert Malthus Principles of Political Economy

Book II, Chapter I, On the Progress of Wealth, Section IV, p. 349 ( See also; Says Law)
Principles of Political Economy (Second Edition 1836)

“To accept capitalism and Free Enterprise as articles of faith without agreeing that we must be free to consider whether what is offered is free and freeing is itself enslavement.”

Gerry Spence (1929) American lawyer

Source: Give Me Liberty! (1998), Ch. 7 : The New Slave Master, p. 89

Faith

“How nauseating, thought Nicholas, a Jew being sentimental on behalf of a Negro: you lucky fellows, you’ve got plenty o’ nuthin’, whereas we’re weighted down with all this international capital and these wretched Broadway musical hits.”

Edward St. Aubyn (1960) British writer

At Last, Chapter 7

Music

“Capital is defined as the sum total of nonhuman assets that can be owned and exchanged on some market.”

Thomas Piketty book Capital in the Twenty-First Century

Source: Capital in the Twenty-First Century (2013), p. 46.

“Stupidity is always a capital crime.”

Larry Niven (1938) American writer

The Fourth Profession (p. 183)
Short fiction, A Hole in Space (1974)

Stupidity

“In New Directions for Organization Theory, Jeffrey Pfeffer offers a comprehensive analysis and overview of the field of organization theory and its research literature. This work traces the evolution of organization studies, particularly its more recent history, and highlights the principle concepts and controversies characterizing the study of organizations. Pfeffer argues that the world of organizations has changed in several important ways, including the increasing externalization of employment and the growing use of contingent workers; the changing size distribution of organizations, with a larger proportion of smaller organizations; the increasing influence of external capital markets on organizational decision-making and a concomitant decrease in managerial autonomy; and increasing salary inequality within organizations in the US compared both to the past and to other industrialized nations. These changes and their public policy implications make it especially important to understand organizations as social entities. But Pfeffer questions whether the research literature of organization studies has either addressed these changes and their causes or made much of a contribution to the discussion of public policy…”

Jeffrey Pfeffer (1946) American academic

Book abstract.
New Directions for Organization Theory, 1997

World , Way , History , Literature

“Stealing from capitalism is not like stealing out of our own pockets. Marx and Lenin have taught us that anything is ethical, so long as it is in the interest of the proletarian class and its world revolution.”

Nicolae Ceaușescu (1918–1989) General Secretary of the Romanian Communist Party

Source: Red Horizons: Chronicles of a Communist Spy Chief, p. 47

World

“Eric Bolling: "Corporate personhood", "demolition of capitalism", "if we learn to share, we can all live in prosperity." What do you make of all this, Ann?
Ann Coulter: All of those quotes could have been said in 1789 France before the French Revolution, or the Russian Revolution or — with only slight modification — when the Nazis were coming to power. Cuba under Fidel Castro, Hugo Chavez in Venezuela - This is always the beginning of totalitarianism.
Eric Bolling: Are you sure, Ann, though- are you sure they couldn't also be found behind one of Obama's economic cabinet meetings?
Ann Coulter: Well, yes! Thus the point of my book, bringing together all of these mob uprisings with the Democratic Party. The Democratic Party looooves mob uprisings. It's their path to power. And, you know, they always assume the mob leaders will remain mob leaders, and not end up like Maximilien Robespierre, beheaded a couple years after the revolution began. That is often the way the revolutions go.”

Ann Coulter (1961) author, political commentator

regarding the Occupy Wall Street protests, and referring to her book "Demonic".
2011

Books , Way , Quotes , Learning

“At the Bundela capital the Islam-cherishing Emperor demolished the lofty and massive temple of Bir Singh Dev near his palace, and erected a mosque on its site.”

Shah Jahan (1592–1666) 5th Mughal Emperor

Orchha (Madhya Pradesh) , Badshah-Nama, by Abdul Hamid Lahori, quoted in Jadunath Sarkar, History of Aurangzeb, Vol. I, p. 15.

“There's a group in California that wants to make suicide a capital offense punishable by death. That's like punishing somebody for being on a hunger strike by sending them to bed with no supper.”

Bill Engvall (1957) American comedian and actor

Now That's Awesome (2000)

Death , Hunger , Suicide

“Already handbills were in circulation; some presenting, in large print, the alternative of justice on the conspirators or ruin to the Republic; others in equally large print urging the observance of the law and the granting of the Appeal. Round these jutting islets of black capitals there were lakes of smaller characters setting forth arguments less necessary to be read: for it was an opinion entertained at that time (in the first flush of triumph at the discovery of printing), that there was no argument more widely convincing than question-begging phrases in large type.”

George Eliot book Romola

Volume III, Chapter XIII
Romola (1863)

Justice , Law , Question , Time

“[T]he capitalists now live entirely by the proceeds of poor men’s labor, which capital enables them to command.”

George Fitzhugh (1806–1881) American activist

Source: Cannibals All!, or Slaves Without Masters (1857), p. 325

Men

“Well alright, anyone who has dreams of world empire, look what it did to Britain (chuckles heartily). There's a reason that whole country is one big Smith song. That's actually one exciting thing about studying history, there did come a point towards the end of the 19th century where the British were just like, "this ain't worth it mate". There's a reason why in 1945 they gave us the keys to the world. They were like, "here, it's yours, take it, go, we're fine, no? India, go. Africa, go." Because they'd had enough. Because it's really hard, we can't even run ourselves. We literally have people storming our capital with signs saying, "government, keep your hands off my social security". If we can't handle that, do we really want to try and run, Africa? I think what we need is not so much world empire, I think we need closer cooperation, closer alliances.”

Max Brooks (1972) American author

Lecture of Opportunity | Max Brooks: World War Z https://www.youtube.com/watch?v=-nGG5E04cog

People , World , Dreams , History

“The first dimension is called "competition," and it refers to that aspect of an economic system in which exchanges of one sort or another play the most important part. In capitalism, of course, competition and exchange occur primarily in markets.”

Samuel Bowles (1939) American economist

Source: Understanding Capitalism: Competition, Command, and Change, 2005, p. 54

Parting

“Exceptions to the rule do not invalidate the general principle that restraint by capital punishment and warfare is grossly ineffective and highly perilous.”

Kirby Page (1890–1957) American clergyman

Individualism and Socialism (1933)

“Our anti-Mammonistic battle, which is ranged above the other two battle-fronts, is directed against the world-encompassing financial power, that is, against the permanent financial and economic bleeding and exploitation of our people through large loan capital. This battle however is, on the other hand, also a powerful intellectual struggle against the soul-destroying materialistic spirit of egoism and avarice with all its concomitant corrupting manifestations in all fields of our public, economic and cultural life.”

Gottfried Feder (1883–1941) German economist and politician

Source: The German State on a National and Socialist Foundation (1923), p. 57

Life , People , World , Soul

“Imperialism - the era of bank capital, the era of gigantic capitalist monopolies, the era of the transformation of monopoly capitalism into state-monopoly capitalism - has particularly witnessed an unprecedented strengthening of the "state machine" and an unprecedented growth of its bureaucratic and military apparatus, in connection with the increase in repressive measures against the proletariat in the monarchical as well as in the freest republican countries.”

Vladimir Lenin book The State and Revolution

2.2, Essential Works of Lenin (1966)
The State and Revolution (1917)

Country

“The enhanced ability to obtain external funding and … capacity to deploy capital internally to the most promising of a wide range of divisional ventures.”

Richard Rumelt (1942) American economist

Source: Strategy, structure, and economic performance. (1974), p. 119

“Only the working masses can change society; but they will not do that spontaneously, on their own. They can rock capitalism back onto its heels but they will only knock it out if they have the organisation, the socialist party, which can show the way to a new, socialist order of society. Such a party does not just emerge. It can only be built out of the day-to-day struggles of working people.”

Paul Foot

Why You Should Be a Socialist http://www.marxists.org/archive/foot-paul/1977/wysbas/ch8.htm, Ch8 (1977)

People , Way , Change

“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.

Art , Literature , Business , Sport

“The Roman historian Tacitus once said, that the health and the disease of a state can be measured in the number of its laws. If we Germans nowadays look at the huge number of laws, we have to say, that it's not health, but death that we're approaching. … It is strange that it is Social Democracy of all movements, which in the old state complained about exceptions, that now issues exception laws itself. These exception-laws are means of force and are created in the parliaments with the help of supranational financial powers. …
In the old state an interest rate of more than 6 percent was deemed usury. Today this usury is legalized. It was YOU, the men of the left -- who always pretend to fight against capitalism and exploitation -- who accomplished this. It will be your downfall!”

Julius Streicher (1885–1946) German politician

Der römische Geschichtsschreiber Tacitus hat einmal gesagt, dass man die Gesundheit und die Krankheit eines Staates nach der Zahl seiner Gesetze ermessen könne. Wenn wir Deutsche heute die große Zahl unserer Gesetze betrachten, dann müssen wir sagen, dass wir nicht der Gesundheit, sondern dem Tode entgegengehen. … Es ist sonderbar, dass ausgerechnet die Sozialdemokratie, die sich im alten Staat immer über Ausnahmen aufgeregt hat, jetzt selbst Ausnahmegesetze erläßt! Diese Ausnahmegesetze sind Zwangsmittel und werden in den Parlamenten mit Hilfe überstaatlicher Finanzmächte geschaffen. …
Im alten Staate galt ein Zinsfuß von mehr als 6 Prozent als Wucher. Heute ist dieser Wucher gesetzlich genehmigt. Das haben SIE, meine Herren von der Linken, die Sie immer vorgeben, Kapitalismus und Ausbeutung zu bekämpfen, fertiggebracht! Daran werden Sie zugrunde gehen!
04/20/1926, speech in the Bavarian regional parliament ("Kampf dem Weltfeind", Stürmer publishing house, Nuremberg, 1938)

Death , Men , Health , Disease

“This new and enlarged edition of The Evolution of Modern Capitalism contains additions and alterations so great as to constitute it in effect a new book.”

J.A. Hobson (1858–1940) English economist, social scientist and critic of imperialism

Preface to the Revised Edition (October, 1906)
The Evolution of Modern Capitalism: A Study of Machine Production (1906)

Books

“The true antidote to racism is liberty. Liberty means having a limited, constitutional government devoted to the protection of individual rights rather than group claims. Liberty means free-market capitalism, which rewards individual achievement and competence, not skin color, gender, or ethnicity.”

Ron Paul (1935) American politician and physician

As quoted in "Government and Racism" http://archive.lewrockwell.com/paul/paul381.html (18 April 2007).
2000s, 2006-2009

Color

“• The Validity of the MOOE and Capital Outlays were extended for another year.”

Francis Escudero (1969) Filipino politician

2014, Speech: Sponsorship Speech for the FY 2015 National Budget

“Individual capitalists, in short, necessarily act in such a way as to de-stabilize capitalism.”

David Harvey (1935) British anthropologist

Variant: Individual capitalists, in short, behave in such a way as to threaten the conditions that permit the reproduction of the capitalist class.
Source: The Limits To Capital (2006 VERSO Edition), Chapter 6, Dynamics Of Accumulation, p. 188

Way

“Most companies are saddled with institutional constraints. A company's history, for example, may commit it to an industry that now offers limited opportunity. A more common problem is a shareholder constituency that pressures its manager to dance to Wall Street's tune. Many CEOs resist, but others give in and adopt operating and capital-allocation policies far different from those they would choose if left to themselves.”

Warren Buffett (1930) American business magnate, investor, and philanthropist

2003 Chairman's Letter http://www.berkshirehathaway.com/letters/2003ltr.pdf
Letters to Shareholders (1957 - 2012)

History , Problem , Dance

“If there was anyone who actually fit the category of conservative, if there was such a category of people, they would have a very easy way to deal with the fact that 60% of the children under 2 [in Nicaragua] are suffering probable brain damage. Namely, by paying their debts. Simple conservative principle. But that's beyond unthinkable. Compassionate conservatives might want to go beyond that, if they existed. But they're much more interested in making political capital over the fact that a woman in a vegetative state shouldn't be allowed to die in dignity.”

Noam Chomsky (1928) american linguist, philosopher and activist

Talk at the University of Edinburgh, Scotland, March 22, 2005 https://www.youtube.com/watch?v=xEvIDiVheys.
Quotes 2000s, 2005

Children , People , Way , Suffering

“There was another rai in those parts, whose rule extended over sea and land, a Brahmin named Pandya Guru. He had many cities in his possession, and his capital was Fatan, where there was a temple with an idol in it laden with jewels' The rai, when the army of the Sultan arrived at Fatan, fled away, and what can an army do without its leader? The Musalmans in his service sought protection from the king's army, and they were made happy with the kind of reception they met. 500 elephants were taken. They then struck the idol with an iron hatchet, and opened its head. Although it was the very Kibla of the accursed gabrs, it kissed the earth and filled the holy treasury.”

Alauddin Khalji (1266–1316) Ruler of the Khalji dynasty

Elliot and Dowson, Vol. III : Elliot and Dowson, History of India as told by its own Historians, 8 Volumes, Allahabad Reprint, 1964. pp. 550-51
Quotes from The History of India as told by its own Historians

Kiss , Parting , Sea , Happiness

“French identity, radically conceived, corresponds to a failed national project. Is it not, in fact, the supreme example of collective defeat in the modern period, and thus—concretely—of humiliation by capital?”

Nick Land (1962) British philosopher

"Sore Losers" https://www.urbanomic.com/document/sore-losers/ (2016) (original emphasis)

“[N]ot once in the history of the American Republic has this Court ever suggested the death penalty is categorically impermissible. The reason is obvious: It is impossible to hold unconstitutional that which the Constitution explicitly contemplates. The Fifth Amendment provides that "[n]o person shall be held to answer for a capital… crime, unless on a presentment or indictment of a Grand Jury," and that no person shall be "deprived of life… without due process of law."”

Antonin Scalia (1936–2016) former Associate Justice of the Supreme Court of the United States

Concurring, Glossip v. Gross, 576 U.S. ___ (2015).
2010s

Life , Death , Law , Penalty

“Under capitalism, subjectivity can only exist antagonistically, in opposition to its own objectification. To treat the subject as already emancipated, as most mainstream theory does, is to endorse the present objectification of the subject as subjectivity, as freedom.”

John Holloway book Change the World Without Taking Power

Change the World Without Taking Power (2002)

Freedom

“The transformation of numerous intermediaries into a handful of monopolists represents one of the fundamental processes in the transformation of capitalism into capitalist imperialism.”

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

Source: Imperialism, The Highest Stage of Capitalism (1917), Chapter Two

“I am also, I must confess, a little sceptical of the theory that we have a right, if we could, to pass on our capital burden to future generations. I remarked last year in this context that our predecessors had not passed any significant part of their burden on to us.”

John James Cowperthwaite (1915–2006) British colonial administrator

March 29, 1963, page 134.
Official Report of Proceedings of the Hong Kong Legislative Council

Future , Parting

“In the information age, the barriers [to entry into programming] just aren't there. The barriers are self imposed. If you want to set off and go develop some grand new thing, you don't need millions of dollars of capitalization. You need enough pizza and Diet Coke to stick in your refrigerator, a cheap PC to work on, and the dedication to go through with it. We slept on floors. We waded across rivers.”

John D. Carmack (1970) American computer programmer, engineer, and businessman

Quoted in David Kushner, Masters of Doom: How Two Guys Created an Empire and Transformed Pop Culture Chapter 16, p. 292.

Age

“It is true that the materialistic society, the so-called culture that has evolved under the tender mercies of capitalism, has produced what seems to be the ultimate limit of this worldliness. And nowhere, except perhaps in the analogous society of pagan Rome, has there ever been such a flowering of cheap and petty and disgusting lusts and vanities as in the world of capitalism, where there is no evil that is not fostered and encouraged for the sake of making money. We live in a society whose whole policy is to excite every nerve in the human body and keep it at the highest pitch of artificial tension, to strain every human desire to the limit and to create as many new desires and synthetic passions as possible, in order to cater to them with the products of our factories and printing presses and movie studios and all the rest.”

Thomas Merton book The Seven Storey Mountain

The Seven Storey Mountain (1948)

Money , World , Flowers , Passion

“The capacity to transform itself from the inside makes capitalism a somewhat peculiar beast - chameleon-like, it perpetually changes it colour; snake-like, it periodically sheds its skin.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 10, Finance Capital And Its Contradictions, p. 327

Change

“The playing field is more sacred than the stock exchange, more blessed than Capital Hill or the vaults of Fort Knox. The diamond and the gridiron - and, to a lesser degree, the court, the rink, the track, and the ring - embody the American dream of Eden.”

Lewis H. Lapham (1935) American journalist

Source: Money And Class In America (1989), Chapter 5, Social Hygiene, p. 125

Dreams

“Economists, like everyone, have their political biases, but these are by no means as strong an influence on what they are willing to consider as you might think. For example, one might have thought that strongly liberal economists like, say, James Tobin would be at least mildly sympathetic to the views of radical economists who draw their inspiration from Marx, or of heterodox economic thinkers like Galbraith. After all, in such fields as history and sociology the Marxist or post-Marxist left has long received a respectful hearing. And yet you don't find this happening: liberal economists are almost as quick as their conservative colleagues to condemn heterodox leftist ideas as foolish it was the liberal Robert Solow, not Milton Friedman, who defended orthodoxy in the bitter "capital controversy" with British radicals.”

Paul Krugman (1953) American economist

Development, Geography, and Economic Theory (1995), Ch. 1. The Fall and Rise of Development Economics

History , Idea , Thinking , Strong

“Under Muhammad Tughlaq, wars and rebellions knew no end. Even an enhancement of land-tax ended in massacres in the Doab. Many more perished on the way when the capital was shifted to Daulatabad. His Qarachal expedition cost him a whole army. His expeditions to Bengal, Sind and the Deccan, as well as ruthless suppression of twenty-two rebellions, meant only depopulation.15 From all accounts it is certain that in the thirteenth and first half of the fourteenth century the loss of population was immense.”

Muhammad bin Tughluq (1290–1351) Turkic Sultan of Delhi

Lal, K. S. (1990). Indian Muslims, who are they.

War , Way , Loss

“Thus, as [Karl] Kautsky wrote in 1919, there was growing up amid despotic conditions a new class of bureaucratic German exploiters, no better than the Tsarist chinovniks; and the workers’ future struggle against tyranny would be even more desperate than under traditional capitalism, when they could exploit divergences of interest between capital and the state bureaucracy, whereas in Bolshevik Russia these two had coalesced into one. This kind of regimented socialism could only maintain itself by denying its own principles, which it was most likely to do, given the Bolsheviks’ notorious opportunism and the ease with which they changed their tune from one day to the next. The most probable result would be a kind of Thermidor reaction which the Russian workers would welcome as a liberation, like the French in 1794. The original sin of Bolshevism lay in the suppression of democracy, abolition of elections, and denial of the freedom of speech and assembly, and in the belief that socialism could be based on a minority despotism imposed by force, which by its own logic was bound to intensify the rule of terror. If the Leninists were able to keep their "Tartar socialism" going long enough, it would infallibly result in the bureaucratization and militarization of society and finally in the autocratic rule of a single individual.”

Leszek Kolakowski (1927–2009) Philosopher, historian of ideas

pg. 51
Main Currents Of Marxism (1978), Three Volume edition, Volume II, The Golden Age

Democracy , Freedom , Change , Future

“How do wealth-income and capital-output ratios evolve in the long run, and why? Until recently it was difficult to properly address this question, for one simple reason: national accounts were mostly about ﬂows, not stocks. Economists had at their disposal a large body of historical series on ﬂows of output, income and consumption – but limited data on stocks of assets and liabilities. When needed, for example for growth accounting exercises, estimates of capital stocks were typically obtained by cumulating past ﬂows of saving and investment. This is ﬁne for some purposes, but severely limits the set of questions one can ask.”

Thomas Piketty (1971) French economist

Piketty, Thomas, and Gabriel Zucman. Capital is back: Wealth-income ratios in rich countries, 1700-2010 http://piketty.pse.ens.fr/files/PikettyZucman2013WP.pdf. Centre for Economic Policy Research, 2013.

Exercises , Question , Past , Wealth

“We will not apologize – not for conquering Katamon or Jaffa or Tzfat, nor for liberating Hebron, and not for building Jerusalem our capital.”

Reuven Rivlin (1939) Israeli politician, 10th President of Israel

Israel national news http://www.israelnationalnews.com/News/News.aspx/137088#.U5gQBPldXs8, 19 April 2010

“This is not 1968 and the invasion of Czechoslovakia, where Russia can threaten its neighbors, occupy a capital, overthrow a government, and get away with it. Things have changed.”

Condoleezza Rice (1954) American Republican politician; U.S. Secretary of State; political scientist

Press briefing http://2001-2009.state.gov/secretary/rm/2008/08/108194.htm, August 13, 2008.

Change

Quotes about capital page 4

Quotes about capital
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