Quotes about capital (1674 quotes, page 6)

“We have not done the things that are necessary to lower emissions because those things fundamentally conflict with deregulated capitalism. … We are stuck because the actions that would give us the best chance of averting catastrophe—and would benefit the vast majority—are extremely threatening to an elite minority that has a stranglehold over our economy, our political process, and most of our major media outlets. … It is our great collective misfortune that the scientific community made its decisive diagnosis of the climate threat at the precise moment when those elites were enjoying more unfettered political, cultural, and intellectual power than at any point since the 1920s.”

Naomi Klein book This Changes Everything

This Changes Everything: Capitalism vs. the Climate (2014), p. 18
This Changes Everything

Communication , Decision , Chance

“There has always been a temptation to classify economic goods in clearly defined groups, about which a number of short and sharp propositions could be made, to gratify at once the student’s desire for logical precision, and the popular liking for dogmas that have the air of being profound and are yet easily handled. But great mischief seems to have been done by yielding to this temptation, and drawing broad artificial lines of division where Nature has made none. The more simple and absolute an economic doctrine is, the greater will be the confusion which it brings into attempts to apply economic doctrines to practice, if the dividing lines to which it refers cannot be found in real life. There is not in real life a clear line of division between things that are and are not Capital, or that are and are not Necessaries, or again between labour that is and is not Productive.”

Alfred Marshall book Principles of Economics

Source: Principles of Economics, (1890), p. viii (9th ed. 2009).

Life , Nature , Drawing

“We believe that capitalism, and unfettered capitalism poses a threat to human existence through the commodification of the person and nature. And we believe in defending people and nature through democratic association, and confronting and constraining the domination of capital through building a balance of interests in corporate governance and public sector. We take on, we’ve taken on the banks in the city of London. That’s who we are.”

Maurice Glasman, Baron Glasman (1961) British philosopher

Interview with Australian Fabians: http://www.fabians.org.au/interview_with_maurice_glasman

People , Nature , Personality

“Marriage is the last sacrament available to modern man, and with the terrible destruction of interpersonal relations by capitalism and its war-making State, it is not very available, nor is it surely enduring. But then, vision does not come with guarantees.”

Kenneth Rexroth (1905–1982) American poet, writer, anarchist, academic and conscientious objector

"World War II" http://www.bopsecrets.org/rexroth/autobio/6.htm
An Autobiographical Novel (1991)

Marriage , War

“Theories of the postmodern - whether celebratory or couched in the language of moral revulsion and denunciation - bear a strong family resemblance to all those more ambitious sociological generalizations which, at much the same time, bring us the news of the arrival and inauguration of a whole new type of society, most famously baptized "postindustrial society"(Daniel Bell) but often also designated consumer society, media society, information society, electronic society, or high tech and the like. Such theories have the obvious ideological mission of demonstrating, to their own relief, that the new social formation in question no longer obeys the laws of classical capitalism, namely, the primacy of industrial production and the omnipresence of class struggle.”

Fredric Jameson (1934) American academic

Source: Postmodernism: Or, The Cultural Logic of Late Capitalism (1991), Chapter 1: The Cultural Logic of Late Capitalism

Family , Law , Question , Strong

“We face today two practical dilemmas. The first can be succinctly described as the return of the ‘social question’. For Victorian reformers—or American activists of the pre-1914 age of reform—the challenge posed by the social question of their time was straightforward: how was a liberal society to respond to the poverty, overcrowding, dirt, malnutrition and ill health of the new industrial cities? How were the working masses to be brought into the community—as voters, as citizens, as participants—without upheaval, protest and even revolution? What should be done to alleviate the suffering and injustices to which the urban working masses were now exposed and how was the ruling elite of the day to be brought to see the need for change?
The history of the 20th century West is in large measure the history of efforts to answer these questions. The responses proved spectacularly successful: not only was revolution avoided but the industrial proletariat was integrated to a remarkable degree. Only in countries where any liberal reform was prevented by authoritarian rulers did the social question rephrase itself as a political challenge, typically ending in violent confrontation. In the middle of the 19th century, sharp-eyed observers like Karl Marx had taken it for granted that the only way the inequities of industrial capitalism could be overcome was by revolution. The idea that they could be dissolved peacefully into New Deals, Great Societies and welfare states simply never would have occurred to him.”

Tony Judt (1948–2010) British historian

Ill Fares the Land (2010), Ch. 5 : What Is to be Done?

Health , Age , Way , History

“Capitalism has created the highest standard of living ever known on earth. The evidence is incontrovertible. The contrast between West and East Berlin is the latest demonstration, like a laboratory experiment for all to see. Yet those who are loudest in proclaiming their desire to eliminate poverty are loudest in denouncing capitalism. Man’s well-being is not their goal.”

Ayn Rand book Capitalism: The Unknown Ideal

Capitalism: The Unknown Ideal (1966)

“It's not necessarily against a system that it collapses, because most systems do collapse in the end. That’s a part of the wheel of life - systems do collapse. So I’m to some extent slightly inclined to forgive capitalism for being about to collapse. I mean there are lots of fine things, lots of love affairs and the like which have come to a sticky end. On the other hand, it is quite an accusation - quite hard for it to live down - that it's going to destroy the entire planet with it.”

David Fleming (1940–2010) British activist

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

Love , Life , Forgiveness , Parting

“But the Jat peasantry were determined that it was over their corpses that the ravager should enter the sacred capital of Braja. 'eight miles north of MathurA, JawAhir Singh barred the invader's path with less than 10,000 men and offered a desperate resistance (28th February, 1757). From sunrise the battle raged for nine hours, and at the end of it 'ten to twelve thousand infantry lay dead on the two sides taken together, the wounded were beyond count”

Ahmed Shah Durrani (1722–1772) founder of the Durrani Empire, considered founder of the state of Afghanistan

Jadunath Sarkar, Fall of the Mughal Empire, Volume II, Fourth Edition, New Delhi, 1991, p.69.

Men , Rage , Dead

“Greek Phanariot merchants and traders dominated the commerce of the Ottoman empire, utilizing their kinship networks and social and religious institutions to maximize not only their business and assets, but also their cultural capital. Diaspora Greeks became especially prominent from the eighteenth century in the development of printing and the press, and experienced a major intellectual revival in cities as far afield as Vienna, Venice, Odessa, Paris, and Amsterdam”

Anthony D. Smith (1939–2016) British academic

Source: Myths and Memories of the Nation (1999), Chapter: Greeks, Armenians and Jews.

Business

“Politics: distrust all parties but consider capitalism must go.”

Louis MacNeice (1907–1963) poet

MacNeice interview in Twentieth Century Authors, a biographical dictionary of modern literature, edited by Stanley J. Kunitz and Howard Haycraft; (Third Edition). New York: The H.W. Wilson Company, 1950 (p. 889).

“Taipei is not only the nation's capital, but also the engine of its economy. Yet, in the past few years the city's economy has shrunk and has been surpassed by New Taipei City.”

Pasuya Yao (1965) Taiwanese politician

Pasuya Yao (2017) cited in " Pasuya Yao throws hat in mayoral ring http://www.taipeitimes.com/News/taiwan/archives/2017/07/24/2003675199" on Taipei Times, 24 July 2017

Past

“Well, we’re getting a little philosophical and serious, ok? Let’s go back to what we’re doing. One day we look at a map and this capital is K-Y-Z-Y-L and we decided it would be fun to go there because it’s so obscure and peculiar. It’s a game. It’s not serious. It doesn't involve some deep philosophical point of view about authority or anything. It’s just the fun of having an adventure to try to go to a land that we’d never heard of, that we knew was an independent country once, no longer an independent country, find out what it’s like. And discover as we went along that nobody went there for a long time and it’s isolated made it more interesting. But, you know, many explorers liked to go to places that are unusual. And, it’s only for the fun of it. I don’t go for this philosophical interpretation of "our deeper understanding of what we’re doing."”

Richard Feynman (1918–1988) American theoretical physicist

We haven’t any deep understanding of what we’re doing. If we tried to understand what we’re doing, we’d go nutty.
Source: No Ordinary Genius (1994), p. 236, from interview two weeks before his death in "The Quest for Tannu Tuva" (1989): video http://www.youtube.com/watch?v=Mn4_40hAAr0&t=51m49s

Game , Understanding , Time , Country

“Though Latin long held sway in Court and bureaucratic circles, the cultural cement of the empire’s core populations was Greek and its education was in the Greek classics and tongue. Imperial tradition, Christian Orthodoxy and Greek culture became even more the bases of Byzantium and her Hellenic community, after she had lost most of her western and Asiatic possessions in the seventh century — to Visigoths and then Arabs m Spain and North Africa, to the Lombards in much of Italy, to the Slavs in the Balkans and to Muslim armies in Egypt and the Near East. Political circumstances, and the resilience of Greek culture and Greek education, made her predominantly Greek in speech and character. After the sack of Constantinople in 1204 and the establishment of a Latin empire under Venetian auspices, the rivalry of the Greek empires based on Nicaea, Epirus and Trebizond to realize the patriotic Hellenic dream of recapturing the former capital further stimulated Greek ethnic sentiment against Latin usurpation. W1cn in the face of Turkith threats, the fifteenth-century Byzantine emperor, Michael Palaeologus, tried to place the Orthodox Church under the Papacy and hence Western protection; an inflamed Greek sentiment vigorously opposed his policy. The city’s populace in the fourteenth and fifteenth centuries, their Hellenic sentiments fanned by monks, priests and the Orthodox party against the Latin policies of the government, actually preferred the Turkish turban to the Latin mitre and attacked the urban wealthy classes. But the Turkish conquest and the demise of Byzantium did not spell the end of the Orthodox Greek community and its ethnic sentiment. tinder its Church and Patriarch, and organized as a recognized milliet of the Ottoman empire, the Greek community flourished in exile, the upper classes of its Diaspora assuming privileged economic and bureaucratic positions in the empire. So Byzantine bureaucratic incorporation had paradoxical effects: as in Egypt, it helped to sunder the mass of the Greek community from the state and its Court and bureaucratic imperial myths and culture in favour of a more demotic Greek Orthodoxy; but, unlike Egypt, the demise of the state served to strengthen that Orthodoxy and reattach to it the old dynastic Messianic symbolism of a restored Byzantine empire in opposition to Turkish oppression.”

Anthony D. Smith (1939–2016) British academic

The Ethnic Origins of Nations (1987)

Education , Dreams , Communication , Help

“We want an extraordinary heavy taxation, with a progressive character, on capital, that will represent an authentic partial expropriation of all wealth; seizures of all assets of religious congregations and suppression of all the ecclesiastic Episcopal revenues, in what constitutes an enormous deficit of the nation and a privilege for a minority; revisions of all contracts made by the war ministers and seizure of 85% of all war profits.”

Benito Mussolini (1883–1945) Duce and President of the Council of Ministers of Italy. Leader of the National Fascist Party and subsequen…

From Mussolini's Fasci Italiani di Combattimento (Italian Combat Fasci), Il Popolo d'Italia newspaper, June 6, 1919. Speech published in Revolutionary Fascism, by Erik Norling, Lisbon, Finis Mundi Press (2011) p. 92.
1910s

War , Wealth

“Populism is the simple premise that markets need to be restrained by society and by a democratic political system. We are not socialists or communists, we are proponents of regulated capitalism and, I might add, people who have read American history.”

Molly Ivins (1944–2007) American journalist

I Told You So http://archive.is/1zUT5, May 30, 2002.

People , History , Reading

“So we started a new business called Bain Capital. The only problem was, while WE believed in ourselves, nobody else did. We were young and had never done this before and we almost didn't get off the ground. In those days, sometimes I wondered if I had made a really big mistake. I had thought about asking my church's pension fund to invest, but I didn't. I figured it was bad enough that I might lose my investors' money, but I didn't want to go to hell too. Shows what I know. Another of my partners got the Episcopal Church pension fund to invest. Today there are a lot of happy retired priests who should thank him. That business we started with 10 people has now grown into a great American success story. Some of the companies we helped start are names you know. An office supply company called Staples – where I'm pleased to see the Obama campaign has been shopping; The Sports Authority, which became a favorite of my sons. We started an early childhood learning center called Bright Horizons that First Lady Michelle Obama rightly praised. At a time when nobody thought we'd ever see a new steel mill built in America, we took a chance and built one in a corn field in Indiana. Today Steel Dynamics is one of the largest steel producers in the United States.”

Mitt Romney (1947) American businessman and politician

2012-08-31
http://www.npr.org/2012/08/30/160357612/transcript-mitt-romneys-acceptance-speech
Transcript: Mitt Romney's Acceptance Speech
NPR
[2012-08-30, gopconvention2012, Mitt Romney: Introduction (video), YouTube, http://www.youtube.com/watch?v=J_cGyPwt5UI]
2012

Money , People , Hell , Business

“At the root of our troubles is a cultural complex whose six main elements make up a "Six-Sided Prison" that traps us all. In Part I[, ] I try to name and describe the six sides of the Prison: patriarchal attitudes, egocentricity, scientific single vision, the bureaucratic mentality, nationalism, and the big-city outlook. Capitalism and socialism are, I argue, both rooted in the Prison (which predates capitalism by hundreds of years) – though neither needs to be.”

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

Racism, militarism, exploitation, ecocide, etc., are also rooted in the Prison.
Page 7.
New Age Politics: Healing Self and Society (1978)

Parting

“If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich.”

Jim Rogers (1942) American writer

CNBC Squawk Box Europe http://www.cnbc.com/id/23588079/site/14081545

“Capital, n. The seat of misgovernment.”

Ambrose Bierce book The Devil's Dictionary

The Devil's Dictionary (1911)

“The race to the moon was never really about the moon - its utility didn't rest in samples of moon rock. It was about capitalism versus communism, right versus left.”

David Orrell (1962) Canadian mathematician

Source: The Other Side Of The Coin (2008), Chapter 4, Right Versus Left, p. 116

Communication

“Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.”

Peter F. Drucker (1909–2005) American business consultant

Source: 1930s- 1950s, The Practice of Management (1954), p. 392

“To that high Capital, where kingly Death
Keeps his pale court in beauty and decay,
He came.”

Percy Bysshe Shelley Adonaïs

St. VI
Adonais (1821)

Death , Beauty

“Militarism in both its forms — as war and as armed peace — is a legitimate child, a logical result of capitalism, which can only be overcome with the destruction of capitalism, and that hence whoever honestly desires world peace and liberation from the tremendous burden of armaments must also desire Socialism. Only in this way can real Social Democratic enlightenment and recruiting be carried on in connection with the armaments debate.”

Rosa Luxemburg (1871–1919) Polish Marxist theorist, socialist philosopher, and revolutionary

Peace Utopias (1911)

War , World , Peace , Way

“There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere… In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality… That this promise was an illusion we all know.”

Peter F. Drucker (1909–2005) American business consultant

Source: 1930s- 1950s, The End of Economic Man (1939), p. 39

Freedom

“Not only has capitalism failed to bring us to the brink of a scarcity-free world, but in a sense, you could say that capitalism invented scarcity - at least as a deliberate method of economic organization…. The flipside of this bounty, this endless feast, is scarcity.”

Linda McQuaig (1951) journalist and author

All You Can Eat: Greed, Lust and the New Capitalism (2001)

World , Sense

“When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.”

Carroll Quigley (1910–1977) American historian

Source: The Evolution of Civilizations (1961) (Second Edition 1979), Chapter 8, Canaanite and Minooan Civilizations, p. 241

“The realization that he is white in a black country, and respected for it, is the turning point in the expatriate’s career. He can either forget it, or capitalize on it. Most choose the latter.”

Paul Theroux (1941) American travel writer and novelist

Tarzan Is an Expatriate, quoted in Patrick Marnham's Dispatches from Africa, ch. 1 (1981).

Country , Forgetting

“The ultimate of taxation-for-social-purposes is absolutism, not only because the growing fiscal power carries an equal increase in political power, but because the investment of revenue in the individual by the State gives it a pecuniary interest in him. If the State supplies him with all his needs and keeps him in health and a degree of comfort, it must account him a valuable asset, a piece of capital. Any claim to individual rights is liquidated by society's cash investment. The State undertakes to protect society's investment, as to reimbursement and profit, by way of taxation. The motor power lodged in the individual must be put to the best use so that the yield will further social ends, as foreseen by the management. Thus, the fiscal scheme which begins with distribution is forced by the logic of events into control of production. And the concept of natural rights is inconsistent with the social obligation of the individual. He lives for the State which nurtured him. He belongs to the State by right of purchase.”

Frank Chodorov (1887–1966) American libertarian thinker

“Taxation is Robbery,” Chicago: Human Events Associates (1947)

Health , Way , Nature

“When starting out, ensure your business has adequate capital for growth.”

Sudhir Ruparelia (1956) Ugandan businessman

Interview http://www.newvision.co.ug/mobile/Detail.aspx?NewsID=630054&CatID=3 with New Vision

Business

“Hayek’s essential gist in capital theory was that capital is heterogeneous, that it cannot be put to many uses simultaneously or at different times. If these empirical assumptions as to capital’s heterogeneity are false, then his theoretical system of economic activity falls. Hayek never established that changes in interest rates primarily and predominantly influence capital production of goods of higher order and their prices.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

Change , Time , Falseness

“The farther afield mergers were, the less likely antitrust authorities were to intervene. Growth through mergers required that finance-oriented managers choose their targets carefully. They sought profitable and growing industries where their capital would earn higher rates of return and avoided mergers where the threat of antitrust prosecution might exist.”

Neil Fligstein (1951) American sociologist

Source: The transformation of corporate control, 1993, p. 240

“It is easy to forget that the beginning is not the word, but the scream. Faced with the mutilation of human lives by capitalism, a scream of sadness, a scream of horror, a scream of anger, a scream of refusal: NO. The starting point of theoretical reflection is opposition, negativity, struggle. It is from rage that thought is born, not from the pose of reason.”

John Holloway book Change the World Without Taking Power

Change the World Without Taking Power (2002)

Sadness , Rage , Anger , Forgetting

“Technological change can become 'fetishized' as a 'thing in itself', as an exogenous guiding force in the history of capitalism.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 4, Technology, Labour Process And Value, p. 122

History , Change

“In speaking of the European slave trade, mention must be made of the U. S. A., not only because its dominant population was European but also because Europe transferred its capitalist institutions more completely to North America than to any other part of the globe, and established a powerful form of capitalism—after eliminating the indigenous inhabitants and exploiting the labor of millions of Africans.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 134.

Parting

“The Bible predicts that in the last days of man-made regimes on earth, a totally godless, anti-Christ world government will arise, led by a Devil-possessed dictator, Satan incarnate, who will bring a temporary false peace on earth and a counterfeit utopia. Its price will be enforced worship of him as the imitation Messiah. All of his subjects will be branded with a credit number in order to buy or sell or obtain food or employment, and all those who refuse to cooperate will be hunted, persecuted, and slaughtered by his commandment. This will be a time of Great Tribulation.
This anti-Christ government of anti-Christ forces under the leadership of the Antichrist himself, this superhuman world dictator of man's last one-world godless government, will then set up its headquarters in Jerusalem, his capital, and unite all peoples of the world into a one-world worship of this demon-demagogue and his magical image which can speak.
These startling events will immediately precede the Second Coming of Jesus Christ, which is the major endtime event, the grand climax, as the Lord Himself returns and wipes out the Antichrist and his followers and sets up the last and most lasting and only perfect government the world has ever known, and "the meek shall inherit the earth"”

David Berg (1919–1994) Children of God founder

Psalm 37:11
A More Sure Word of Prophecy (2 Peter 1:19)

People , World , Peace , Food

“The moral spectacle of capitalism still offends, as does American capitalism's implacable insistence that the market determine value even in the political, intellectual, and artistic spheres.”

William Pfaff (1928–2015) American journalist

Source: Barbarian Sentiments - How The American Century Ends (1989), Chapter 2, The Challenge of Europe, p. 31

“In the Far West, the United States of America openly claimed to be custodians of the whole planet. Universally feared and envied, universally respected for their enterprise, yet for their complacency very widely despised, the Americans were rapidly changing the whole character of man’s existence. By this time every human being throughout the planet made use of American products, and there was no region where American capital did not support local labour. Moreover the American press, gramophone, radio, cinematograph and televisor ceaselessly drenched the planet with American thought. Year by year the aether reverberated with echoes of New York’s pleasures and the religious fervours of the Middle West. What wonder, then, that America, even while she was despised, irresistibly moulded the whole human race. This, perhaps, would not have mattered, had America been able to give of her very rare best. But inevitably only her worst could be propagated. Only the most vulgar traits of that potentially great people could get through into the minds of foreigners by means of these crude instruments. And so, by the floods of poison issuing from this people’s baser members, the whole world, and with it the nobler parts of America herself, were irrevocably corrupted.
For the best of America was too weak to withstand the worst. Americans had indeed contributed amply to human thought. They had helped to emancipate philosophy from ancient fetters. They had served science by lavish and rigorous research. In astronomy, favoured by their costly instruments and clear atmosphere, they had done much to reveal the dispositions of the stars and galaxies. In literature, though often they behaved as barbarians, they had also conceived new modes of expression, and moods of thought not easily appreciated in Europe. They had also created a new and brilliant architecture. And their genius for organization worked upon a scale that was scarcely conceivable, let alone practicable, to other peoples. In fact their best minds faced old problems of theory and of valuation with a fresh innocence and courage, so that fogs of superstition were cleared away wherever these choice Americans were present. But these best were after all a minority in a huge wilderness of opinionated self-deceivers, in whom, surprisingly, an outworn religious dogma was championed with the intolerant optimism of youth. For this was essentially a race of bright, but arrested, adolescents. Something lacked which should have enabled them to grow up. One who looks back across the aeons to this remote people can see their fate already woven of their circumstance and their disposition, and can appreciate the grim jest that these, who seemed to themselves gifted to rejuvenate the planet, should have plunged it, inevitably, through spiritual desolation into senility and age-long night.”

Olaf Stapledon book Last and First Men

Source: Last and First Men (1930), Chapter II: Europe’s Downfall; Section 1, “Europe and America” (p. 33)

Fate , People , Pleasure , Youth

“I stole every nickel, dime and dollar and blew it on fine threads, luxurious lodgings, fantastic foxes and other sensual goodies. I partied in every capital in Europe and bask on all the worlds most famous beaches.”

Frank W. Abagnale (1948) American security consultant, former confidence trickster, check forger, impostor, and escape artist

Variant: I stole every nickel, dime and dollar and blew it on fine threads, luxurious lodgings, fantastic foxes and other sensual goodies. I partied in every capital in Europe and bask on all the worlds most famous beaches.
Source: Catch Me if You Can: The True Story of a Real Fake, 2002, Ch.1 Pg.4(a), Ch.1 Pg. 11(b),Back cover(c), Ch.6 Pg.116(d)

World

“It is only through a devoted attention to the details of objects and faces in the modern urban scene, he argues, that the commodity fetish of capitalism can be effectively dispelled.”

Mark Kingwell (1963) Canadian philosopher

Source: The World We Want (2000), Chapter 4, Spaces And Dreams, p. 141.

“In most countries the large landholders realized they couldn't survive alone and promptly entered into alliances with the monopolies — the strongest and most ruthless oppressors of the Latin American peoples. U. S. capital arrived on the scene to exploit the virgin lands and later carried off, unnoticed, all the funds so “generously” given, plus several times the amount originally invested in the "beneficiary" country.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

Cuba as Vanguard (1961)

People , Time , Country

“Today and over the foreseeable future, traditional capitalism throughout most of the world has been thrown on a defensive from which it is doubtful that it can never recover.”

Robert L. Heilbroner (1919–2005) American historian and economist

Source: The Future As History (1960), Chapter II, Part 7, The Drift Away From Capitalism, p. 94

World , Future

“Most lawyers are used to trying to win a case on some kind of technical or evidentiary ground. We had to teach them to rethink death cases. Most capital defendants are guilty.”

Morris Dees (1936) American activist

1990 Interview with Morris Dees https://www.jstor.org/stable/29759412?seq=1#page_scan_tab_contents Litigation (American Bar Association)

Death

“In 1934, Mussolini reiterated that capitalism, as an economic system, was no longer viable. Fascist economy was to be based not on individual profit but on collective interest.”

A. James Gregor (1929–2019) American political scientist

Source: The Ideology of Fascism: The Rationale of Totalitarianism, (1969), p. 299

“Private Capitalism makes a steam engine; State Capitalism makes pyramids.”

Frank Chodorov (1887–1966) American libertarian thinker

As quoted in “Frank Chodorov: Champion of Liberty,” Aaron Steelman, FEE, (Foundation for Economic Education), (December 1, 1996) https://fee.org/articles/frank-chodorov-champion-of-liberty/

“Regional Banks that are constrained to lend within a particular area are a necessary part of the institutional ecology in that they resist the centralising power of capital, allow a more stable access to credit for regional and smaller businesses and encourage relationships and reciprocity to constrain the demand for higher rates of return that have decimated the mutual bank sector in Britain. They also offer an alternative to usurious lending, one of the great growth areas in our economy. Any serious reflection on ‘employment policies’ must confront the centralisation of capital and the state and seek to constrain both through the endowment of decentralised regional and sectoral institutions that constrain centralisation and preserve and renew traditions of virtue within the economy through resisting the commodification of human beings, nature and knowledge demanded by the maximum return on investment. It allows initiative and enterprise to be oriented towards the future.”

Maurice Glasman, Baron Glasman (1961) British philosopher

The Politics of Employment, 23 May 2013 http://togetherforthecommongood.co.uk/viewpoints/opinion-pieces/articles/maurice-glasman.html

Business , Nature , Knowledge , Future

“THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made possible, as we have duly seen, by extensively replacing the market with planning.”

John Kenneth Galbraith book The New Industrial State

Source: The New Industrial State (1967), Chapter XXXI, Section 1, p. 354

“The young artists of to-day understand nothing; they copy to satiety the classic ornaments and designs, and reproduce them in so cold a manner that they lose all meaning. The ancients obtained their designs from nature. They found their models in the garden, even in the vegetable garden. They drew their inspiration from its source. The cabbage-leaf, the oak-leaf, the clover, the thistle, and the brier are the motives of the Gothic capital. It is not photographic truth, but living truth, that we must seek in art.”

Auguste Rodin (1840–1917) French sculptor

Source: Rodin : the man and his art, with leaves from his notebook, 1917, p. 125

Truth , Art , Motivation , Understanding

“The property owner who invests in a modern corporation so far surrenders his wealth to those in control of the corporation that he has exchanged the position of independent owner for one in which he may become merely recipient of the wages of capital… [Such owners] have surrendered the right that the corporation should be operated in their sole interest…”

Adolf A. Berle (1895–1971) American diplomat

Source: The Modern Corporation and Private Property. 1932/1967, p. 355

Wealth

“Under Shahjahan, Akbar's Sulehkul was almost reversed. During his reign temples were destroyed in Gujarat, Banaras and Allahabad, and at Orchha. Like Jahangir he stopped marriages between Muslim girls and Hindu men. Apostasy from Islam again became a capital crime in accordance with the tenets of the Shariat. During the reign of Shahjahan titles in use among Khalifas and Ghaznavids were revived.”

Shah Jahan (1592–1666) 5th Mughal Emperor

Lal, K. S. (1999). Theory and practice of Muslim state in India. New Delhi: Aditya Prakashan. Chapter 2

Men , Marriage , Girl

“Every human society which has endured long enough to leave records has had elaborate customs and institutions which were effective in instilling into the young the sentiments necessary for its perpetuation. Now for the first time in recorded history Western capitalism offers us a spectacle of a system which not only has given up altogether the task of moral education, but actually employs vast resources and the means of persuasion of unprecedented power to destroy the customs, norms and ideals indispensable for its survival; and to implant fundamentally anti-social attitudes which are incompatible with any reasonable social order. It would be miraculous if a social order which permits such massive anti-socialisation could fail to destroy itself.”

Stanislav Andreski (1919–2007) Polish-British sociologist

Social Sciences as Sorcery (1972)

Education , History , Time

“Any account of the development of the international monetary system is also necessarily an account of the development of international capital markets.”

Barry Eichengreen Introduction

Source: Globalizing Capital (2008), Chapter 1. Introduction

“Voltaire remarked that it is possible to kill a flock of sheep by witchcraft if you give them plenty of arsenic at the same time. The sheep, in this figure, may well stand for the complacent apologists of capitalism; Marx's penetrating insight and bitter hatred of oppression supply the arsenic, while the labour theory of value provides the incantations.”

Joan Robinson book An Essay on Marxian Economics

Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter III, The Labour Theory Of Value, p. 22

Time

“A number of great factories in the hands of rich capitalists, in which "slaves of work" drag out their miserable existence, is not, therefore, the goal of the development of the age of natural science, but a return to individual labour, or where the nature of things demands it, the carrying on of common workshops by unions of workmen, who will receive a sound basis only through the general extension of knowledge and civilization, and through the possibility of obtaining cheaper capital.”

Werner von Siemens (1816–1892) German inventor and industrialist

D. Appleton., (1887). The Popular Science Monthly, Volume 30.

Age , Nature , Knowledge , Science

“The last time I visited the Capitol, I came to take an oath. On the steps of this building, I pledged to honor our Constitution and laws, and I asked you to join me in setting a tone of civility and respect in Washington. I hope America is noticing the difference. We are making progress. Together, we are changing the tone in the Nation’s capital. And this spirit of respect and cooperation is vital, because in the end we will be judged not only by what we say or how we say it, we will be judged by what we are able to accomplish. America today is a Nation with great challenges, but greater resources.”

George W. Bush (1946) 43rd President of the United States

2000s, 2001, Address to Joint Session of Congress on Administration Goals (February 2001)

Law , Hope , Change , Time

“Long before the party's arrival in power Goebbels had written the famous article in which he pointed out the kinship between National Socialism and Bolshevism. At times he spoke enthusiastically in favor of a peaceful permeation of Bolshevism by Nazism and a German-Russian symbiosis. But to his confidants he always showed how clearly he realized that Communism is at all times simply a path leading to a new system of private property and private capital, and that the classless society is bound to lead to a new class formation with a new grading of incomes.”

Hermann Rauschning (1887–1982) German politician

Source: Men in Chaos (1942), p. 47

Peace , Confidence , Communication , Time

“What made the West successful was neither capitalism, nor science, nor an historical accident such as a favourable geography. Instead, political and mental diversity combined to create an ever changing panorama of technologically creative societies.”

Joel Mokyr (1946) Israeli American economic historian

p 302
The lever of riches: Technological creativity and economic progress, 1992

Science , Change , Success

“Marx said that the revolutionary dictatorship of the proletariat lies between capitalism and communism. The more the proletariat presses the bourgeoisie, the more furiously they will resist. We know what vengeance was wreaked on the workers in France in 1848. And when people charge us with harshness we wonder how they can forget the rudiments of Marxism.”

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

Speech to the All-Russia Extraordinary Commission Staff (7 November 1918); Collected Works, Vol. 28, pp. 169-70 http://www.marxists.org/archive/lenin/works/1918/nov/07b.htm
1910s

People , Communication , Forgetting

“Canada's Conservatives have been, and always will be, a strong voice for Israel and the Canadian Jewish community,
Israel is one of Canada's strongest allies and a beacon of pluralism and democratic principles in a turbulent part of the world,
Canada’s Conservatives recognize the obvious fact that Israel, like every other sovereign nation, has a right to determine where its capital is located.”

Andrew Scheer (1979) 35th Speaker of the Canadian House of Commons and MP for Regina—Qu'Appelle

26 February 2018 report from CTV News https://www.ctvnews.ca/politics/conservatives-pledge-to-recognize-jerusalem-as-israel-s-capital-if-elected-in-2019-1.3819527

World , Communication , Strong , Parting

“Political skepticism is the source of so many of our dilemmas. Even if free markets worked as advertised, it would be hard to claim that they constituted a sufficient basis for the well-lived life. So what precisely is it that we find lacking in unrestrained financial capitalism, or ‘commercial society’ as the 18th century had it? What do we find instinctively amiss in our present arrangements and what can we do about them? What is it that offends our sense of propriety when faced with unfettered lobbying by the wealthy at the expense of everyone else? What have we lost?
We are all children of the Greeks. We intuitively grasp the need for a sense of moral direction: it is not necessary to be familiar with Socrates to feel that the unexamined life is not worth much. Natural Aristotelians, we assume that a just society is one in which justice is habitually practiced; a good society one in which people behave well. But in order for such an implicitly circular account to convince, we need to agree on the meaning of ‘just’ or ‘well’.”

Tony Judt (1948–2010) British historian

Ill Fares the Land (2010), Ch. 5 : What Is to be Done?

Life , Children , People , Justice

“Intellectual capital is the main determining factor and the base for economic and social development to any country.”

Talal Abu-Ghazaleh (1938) Jordanian businesspeople

Meeting the Challenges of Electronic Business” in Muscat, Oman, October 9, 2000.

Country

“It is impossible to have workers' control within a capitalist society. Capitalism, by its very nature, produces contradictions which cannot be resolved until and unless we change the system of society…The unions could only have class collaboration and compromise with the mixed economy, and those who advanced the theory of workers' control in present-day society were putting forward an intellectual, Utopian dream, idealistic, unworkable and unattainable.”

Arthur Scargill (1938) British trade unionist

The Miner (5 December 1977), quoted in Paul Routledge, "Scargill attack on idea of worker directors", The Times (5 December 1977), p. 17

Dreams , Nature , Change

“When Keynes’s General Theory was published in February 1936, it obliterated all else on the scene in academic economics. Hayek was known to be working on a treatise on capital as Keynes’s work was published (the work that became The Pure Theory of Capital). While there was some anticipation in academia for this forthcoming major work, interest even by economists in Hayek’s work waned.”

Alan O. Ebenstein (1959) American political scientist, educator and author

Hayek's Journey: The Mind of Friedrich Hayek (2003)

“In a national capital Mirabeau and his set
Attacked mystery; the packed galleries roared
And history marched to the drums of a clear idea,
The aim of the Rational City, quick to admire,
Quick to tire.”

W. H. Auden (1907–1973) Anglo-American poet

Memorial for the City (1947)

History , Idea

“Our America is integrated by a group of more or less homogeneous countries and in most parts of its territory U. S. monopolist capitals maintain an absolute supremacy. Puppet governments or, in the best of cases, weak and fearful local rulers, are incapable of contradicting orders from their Yankee master.”

Ernesto Che Guevara (1928–1967) Argentine Marxist revolutionary

Message to the Tricontinental (1967)

Fear , Parting , Country

“When he advanced from the capital of Karra, the Hindus, in alarm, descended into the earth like ants. He departed towards the garden of Behar to dye that soil with blood as red as tulip. He cleared the road to Ujjain of vile wretches, and created consternation in Bhilsan. When he effected his conquests in that country, he drew out of the river the idols which had been concealed in it.”

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

Elliot and Dowson, History of India as told by its own Historians, 8 Volumes, Allahabad Reprint, 1964. Vol. III, p. 543.
Quotes from The History of India as told by its own Historians

Country

“Women's sexy underwear is a minor but significant growth industry of late-twentieth-century Britain in the twilight of capitalism.”

Angela Carter (1940–1992) English novelist

The Bridled Sweeties (1977).

Women

“The great organization must not only accommodate the fact that each employee is different, it must capitalize on these differences. It must watch for clues to each employee's natural talents and then position and develop each employee so that his or her talents are transformed into bona fide strengths.”

Marcus Buckingham (1966) British writer

Source: Now, Discover Your Strengths (2001), p. 5

Nature

“German’ socialism came to be wholly associated with the extreme anti-liberal politics of the antisemitic and völkisch movement. The appeal here was mainly to the lower-middle classes—traders, craftsmen, small farmers, lower civil servants—and rooted in a combination of antisemitism, extreme nationalism, and vehement anti-capitalism”

Ian Kershaw (1943) British historian

usually interpreted as ‘Jewish’ capitalism
Source: Hitler 1889-1936: Hubris (1999), p. 135

“In fact, it would be very easy to ‘prove’ Marx’s analysis to have been wrong, if experience had shown, for example, that the more capitalist industry develops, the smaller and smaller the average factory becomes, the less it depends upon new technology, the more its capital is supplied by the workers themselves, the more workers become owners of their factories, the less the part of wages taken by consumer goods becomes (and the greater becomes the part of wages used for buying the workers’ own means of production). If, in addition, there had been decades without economic fluctuations and a full-scale disappearance of trade unions and employers’ associations (all flowing from the disappearance of contradictions between Capital and Labour, inasmuch as workers increasingly become the controllers of their own means and conditions of production), then one could indeed say that Capital was so much rubbish and had dismally failed to predict what would happen in the real capitalist world a century after its publication.”

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

Introduction to Capital. Introduction to volume 1 (1976)

World , Parting , Dependency

“The crisis afflicting this country, along with other countries of the Western world, is a crisis of capitalism. It is a crisis of the dominant economic system that prevails in all those countries.”

Michael Foot (1913–2010) British politician

Speech to the House of Commons (Hansard, 20 January 1976, Col. 1126)
1970s

World , Affliction , Country

“In order to create the appropriate material conditions, Lenin was prepared to make recourse not only to market arrangements, but to international capitalism as well. Not only was private property, private enterprise, and private profit largely restored in Lenin’s Russia, but Lenin appealed to international capitalism for assistance as well. He was prepared to offer generous concessions to foreign capitalism.”

A. James Gregor (1929–2019) American political scientist

Source: Marxism, Fascism & Totalitarianism: Chapters in the Intellectual History of Radicalism, (2008), p. 55

“There is little doubt that the observation that quality may depend on price (productivity on wages; default probability on interest rates) has provided a rich mine for economic theorists: A simple modification of the basic assumptions results in a profound alteration of many of the basic conclusions of the standard paradigm. The Law of Supply and Demand has been repealed. The Law of the Single Price has been repealed. The Fundamental Theorem of Welfare Economics has been shown not to be valid.
More than that, the theories that we describe here provide the basis of progress toward a unification of macroeconomics and microeconomics. They pro vide an explanation of unemployment and credit rationing, derived from basic microeconomic principles. It is a theory in which the extensive idleness that periodically confronts society's resources, human and capital, is seen as but the most obvious example of market failures that prevasively and persistently distort the allocation of resources.”

Joseph E. Stiglitz (1943) American economist and professor, born 1943.

"The Causes and Consequences of The Dependence of Quality on Price", Journal of Economic Literature, Vol. 25, No. 1 (Mar., 1987)

Law , Failure , Dependency

“It is a parable of pure capitalism, never jam today and a case of jam tomorrow; but as any of the Smiths will tell you, anyone who has ever sold IBM has regretted it.”

George Goodman (1930–2014) American author and economics commentator

Source: The Money Game (1968), Chapter 6, What Are They In It For?, p. 68

“The enormous dynamic and creative, as well as destructive energy of capitalism… is written up with more praise and more respect by Marx and Engels in the 1848 Communist Manifesto than probably by anyone since. I don't think anyone has ever said so precisely and with such awed admiration how great capitalism is, how inventive, how innovative, how dynamic, how much force of creativity it unleashes.”

Christopher Hitchens (1949–2011) British American author and journalist

Heaven on Earth: The Rise and Fall of Socialism http://www.pbs.org/heavenonearth/interviews_hitchens.html, PBS (June 2005).
2000s, 2005

Thinking

“Unless during the first five years so great a degree of change has been accomplished as to deprive Capitalism of its power, it is unlikely that a Socialist Party will be able to maintain its position of control without adopting some exceptional means, such as the prolongation of the life of Parliament for a further term without an election.”

Stafford Cripps (1889–1952) British politician

Can Socialism come by Constitutional Methods? (1933), p. 2, quoted in Hugh Dalton, The Fateful Years. Memoirs 1931-1945 (London: Frederick Muller Ltd, 1957), p. 151.

Life , Change

“The institutional settlement of post-war West Germany has endured because it generated value. They retained pre-modern artisan organisations and turned them into the foundation of their contemporary economic success. They entangled and constrained capital in a myriad form of national, sectoral and localised arrangements and they emerge from the crash, virtually alone, with a productive economy and a functioning democracy, with greater equality than us and more meaningful work.”

Maurice Glasman, Baron Glasman (1961) British philosopher

Blue Labour, An Ancient Polity For A New Economy? http://www.bluelabour.org/2012/06/19/an-ancient-polity-for-a-new-economy/

War , Democracy , Success

“The present estimated margin between public receipts and expenditures for this fiscal year is very small. Perhaps the most important work that this session of the Congress can do is to continue a policy of economy and further reduce the cost of government, in order that we may have a reduction of taxes for the next fiscal year. Nothing is more likely to produce that public confidence which is the forerunner and the mainstay of prosperity, encourage and enlarge business opportunity with ample opportunity for employment at good wages, provide a larger market for agricultural products, and put our country in a stronger position to be able to meet the world competition in trade, than a continuing policy of economy. Of course necessary costs must be met, proper functions of the Government performed, and constant investments for capital account and reproductive effort must be carried on by our various departments. But the people must know that their Government is placing upon them no unnecessary burden.”

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

1920s, Second State of the Union Address (1924)

People , World , Confidence , Business

“It is significant that nothing resembling Platonism arose in China. Classical Chinese script is not ideographic, as used to be thought; but because of what A. C. Graham terms its 'combination of graphic wealth with phonetic poverty' it did not encourage the kind of abstract thinking that produced Plato's philosophy. Plato was what historians of philosophy call a realist - he believed that abstract terms designated spiritual or intellectual entities. In contrast, throughout its long history, Chinese thought has been nominalist - it has understood that even the most abstract terms are only labels, names for the diversity of things in the world. As a result, Chinese thinkers have rarely mistaken ideas for facts. Plato's legacy to European thought was a trio of capital letters - the Good, the Beautiful and the True. Wars have been fought and tyrannies established, cultures have been ravaged and peoples exterminated in the service of these abstractions. Europe owes much of its murderous history to errors of thinking engendered by the alphabet.”

John Gray book Straw Dogs: Thoughts on Humans and Other Animals

The Deception: Plato and the alphabet (p. 57-8)
Straw Dogs: Thoughts on Humans and Other Animals (2002)

War , People , World , Beauty

“Ultimately, in its collapse, Laos was important because it proved the validity of the so-called domino theory, which preached that communism--once victorious in South Vietnam--would metastasize throughout the region. Laos, like Cambodia, proved the domino theorists correct. On August 23, 1975, just four months after Saigon's fall, communist Pathet Lao (meaning "Land of Lao") guerrillas entered the Laotian capital of Vientiane and seized control of the nation. It was an event that, while clearly destructive to American interests in Asia, served as something of a wake-up call to those American isolationists who had downplayed the regional threat of communism. It also ushered in a horrid era for this nation's 4.8 million people.”

Michael Johns (1964) American businessman

"Let's Not Forget Laos," The World and I, September 1995, by Michael Johns: The 'Domino Theory' Proved Right

People , Communication , Victory

“In the last 21 months, if you've learnt anything, it's that the state is back. If the free market fails, it's not because it's been defeated by state capitalism; the only people that can defeat the free market is us, we're the only ones who can destroy it.”

Ian Bremmer (1969) American political scientist

"The West Should Fear the Growth of State Capitalism," http://www.telegraph.co.uk/finance/economics/7883061/The-West-should-fear-the-growth-of-state-capitalism-Ian-Bremmer.html The Daily Telegraph (July 10, 2010).

People

“Capital creates space-time.”

David Harvey (1935) British anthropologist

Introduction to the 2006 Verso Edition, p. xix-xx
The Limits To Capital (2006 VERSO Edition)

Time

“How can the establishment protect an electrical supply line and the thousands of transformers, etc.? Effective positioning of the guards is militarily impossible. … We must call strikes to enforce our demands on capital. To enforce the strike we must stop the plant's power source. Standing in the gateway with a placard and a pamphlet alone will not dull a worker's short-term interest in wage slavery.”

George Jackson (activist) (1941–1971) activist, Marxist, author, member of the Black Panther Party, and co-founder of the Black Guerrilla Family

Source: Blood in My Eye (1971), p. 83

“The Muslim whose legs are being reduced to pulp by his American tormentor doesn't care if he's being murdered because he is despised by Christians or because he is an impediment to economic rationality. … For all the inevitability that surrounds the Christian/Enlightenment divide, it should not be so difficult for us to find a third option in our intellectual traditions, even if this tradition seems mostly defeated and lost. It is a tradition that is spiritual and yet hostile to the orthodoxies of institutional Christianity. It is the creation of the Enlightenment and yet it is suspicious of the claims of Reason, especially that form of Reason, economic rationalism, that defines capitalism. This tradition began in Europe with Romanticism and in America with the Concord Transcendentalists.”

Curtis White (1951) American academic

"The spirit of disobedience: an invitation to resistance"

Hostility

“It is as to whether its services or uses are to be exchanged or not which makes a tool an article of capital or merely an article of wealth. Thus, the lathe of a manufacturer used in making things which are to be exchanged is capital, while the lathe kept by a gentleman for his own amusement is not.”

Henry George book Progress and Poverty

Book I, Ch. 3
Progress and Poverty (1879)

Wealth

“Poker is a microcosm of all we admire and disdain about capitalism and democracy. It can be rough-hewn or polished, warm or cold, charitable and caring or hard and impersonal. It is fickle and elusive, but ultimately it is fair, and right, and just.”

Lou Krieger

More Hold'Em Excellence: A Winner for Life‎ - Page 4, Lou Krieger - ConJelCo LLC, 1999, ISBN 188607013X, 9781886070134 - 188 pages

Democracy

“In many ways, it (capitalism) resembles classic medieval feudalism, displaying the same tendency to create endless hierarchies of lords, vassals, and retainers. In other ways—notably in its managerialist ethos—it is profoundly different. And the whole apparatus, rather than replacing old-fashioned industrial capitalism, is instead superimposed on top of it, blending together in a thousand points in a thousand different ways. Hardly surprising, then, that the situation seems so confusing that even those directly in the middle don’t really know quite what to make of it.”

David Graeber book Bullshit Jobs

Bullshit Jobs: A Theory (2018)

Way , Fashion

“[In science any model depends on a pre-chosen taxonomy] a set of classifications into which we divide the enormous complexity of the real world… Land, labor, and capital are extremely heterogeneous aggregates, not much better than earth, air, fire, and water.”

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

Kenneth Boulding (1986) "What Went Wrong with Economics?" in: The American Economist Vol 30 (Spring) pp. 7-8, as cited in: Deirdre McCloskey (2013) " What Boulding Said Went Wrong with Economics, A Quarter Century On http://www.deirdremccloskey.com/editorials/boulding.php"
1980s

World , Water , Science , Dependency

“The invocation of social necessity should alert us. It contains the seeds for Marx's critique of political economy as well as for his dissection of capitalism.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 1, Commodities, Values And Class Relations, p. 15

“The new anticapitalist are, in spirit and motive, deontologists, and thus criticized not so much the consequences of capitalism (though this teleological elements is present), but motives, e. g., the profit motive, acquisitiveness, ‘materialism’ and the like.”

Roy A. Childs, Jr. (1949–1992) American libertarian essayist and critic

Roy A. Childs, Jr. “The Defense of Capitalism in Our Time,” Winning essay that was published in Free Enterprise: An Imperative, 1975 by the Herbert Hoover Presidential Library Association for the Garvey Foundation.

Motivation

“Capitalism subordinates men to machines instead of using machines to liberate men from the burden of mechanical and repetitive work. it subordinates all, inherent in every commodity, fully unfolds itself in this contradictory nature of capitalist machinery. When capitalism is not overthrown once it has created the material and social preconditions for a classless society of associated producers, this contradiction implies the possibility of a steadily increasing transformation of the forces of production into forces of destruction, in the most literal sense of the word: not only forces of destruction of wealth (crises and wars), of human wealth and human happiness, but also forces of destruction of life tout court.”

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

Introduction to Capital. Introduction to volume 1 (1976)

Life , Men , War , Nature

“I think that natural sciences and capitalism are different aspects of the same thing. (…) Science is orientated against scientists, capitalism is oriented against businesses. These are processes that are in a relation of subjecting the elements within their domain to aggressive destructive criticism with some kind of selective criteria, which means they push things in a particular self-propelling direction.”

Nick Land (1962) British philosopher

"‘The Only Thing I Would Impose is Fragmentation’ Interview with Nick Land" https://syntheticzero.net/2017/06/19/the-only-thing-i-would-impose-is-fragmentation-an-interview-with-nick-land/ (2017)

Business , Nature , Thinking , Science

“Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes.”

Jim Stanford (1961) Canadian economist

Part 1, Chapter 2, Capitalism, p. 33
Economics For Everyone (2008)

History

“Mohammed Ghori had the Hindu temples of Ajmer demolished and ordered the construction of mosques and Quran schools on their ruins…He plundered Kanauj and Kashi and destroyed their temples… [While his generals] destroyed in passing the remaining Buddhist communities of Bihar and destroyed the universities of Nalanda…. Bakhtiar Khilji “established a Muslim capital in Lakhanauti (Gaur) on the Ganga and destroyed, in 1197, its basalt temples. In Odantpuri, in 1202, he massacred two thousand Buddhist monks…. [Meanwhile, back in Delhi:] “This Quwwat-ul-Islam (Might of Islam) was built in a hurry using the debris, chiefly sculpted pillars, of twenty-seven dismantled Hindu temples.” Thirty years later, “Iltutmish did not forget that he was a Muslim conqueror. He showed himself to be very pious, never forgetting to do his five devotional daily…. He likewise showed himself totally intolerant vis-à-vis the Hindus who refused to convert, destroying their temples and annihilating Brahmin communities.””

Louis Frédéric (1923–1996) French scholar

Louis Frederic, L'Inde de l'Islam, p. 42-49, (quoted from: Decolonizing the Hindu Mind - By Koenraad Elst p. 328)

School , Communication , Universe , Forgetting

“The only company to have made a profit is the one in the tax haven, but because it’s in a tax haven, it doesn’t pay tax. This is how a company is able to generate revenue without having to pay tax anywhere. In tax havens, boundaries between what’s legal and illegal become very blurred. The recent leak on the Panama Papers revealed how international leaders, celebrities and businessmen from all over the world were using offshore companies to avoid making their assets public and, in some cases, potentially to dodge tax or hide illegal activities. Panama is where criminal capitalism and legal capitalism become one. … Today in the heart of Panama you can still find the money of Mexican Narcos and major European businessmen. Different origin, same advantages.”

Roberto Saviano (1979) Italian journalist, writer and essayist

Dirty Money in London event (2016)

Money , World , Heart

“We, the undersigned, gathered in Pilgrimage to the capital of the State in Sacramento in penance for all the failings of Farm Workers as free and sovereign men, do solemnly declare before the civilized world which judges our actions, and before the nation to which we belong, the propositions we have formulated to end the injustice that oppresses us.”

Cesar Chavez (1927–1993) American farm worker, labor leader, and civil rights activist

The Plan of Delano (1965)

Men , World

“There will have to be three objects for farming and farm products. First, we must end over-production. The over-production that is taking place in Europe and the United States is damaging and obscenely wasteful. It is damaging to the environment, and it is obviously obscenely wasteful when products that are the result of over-production are being burnt in an attempt to maintain prices…Secondly, we must end export dumping. Instead, we must promote aid and trade policies that encourage self-reliant production, which is more protective of the local economy and less dependent on the economies of western Europe and of the United States…Thirdly, what happens to the political sovereignty of poor countries that do not have the infrastructure that is available in Europe and north America when they are told that, because of the debt crisis, they must open up their economies to multinational capital to do whatever it will, and when the IMF and the World bank tell them that they must cut social expenditure? They are now told that they must pursue free trade policies for farm products. Those policies add up to disaster for poor countries.”

Jeremy Corbyn (1949) British Labour Party politician

Speech http://hansard.millbanksystems.com/commons/1990/nov/23/general-agreement-on-tariffs-and-trade-1 in the House of Commons (23 November 1990).
1990s

World , Dependency , Country

“The Passions and the Interests does not have the policy urgency that a contribution to public decisions may enjoy (as Hirschman's The Strategy of Economic Development eminently does), nor the compulsive immediacy that the exigencies of practical reason generate (as Exit, Voice, and Loyalty superbly portrayed). What then is so special about this book? […] The answer lies not only in the recognition that Hirschman makes us see the ideological foundations of capitalism in a fresh way, but also in the remarkable fact that this freshness is derived from ideas that are more than two-hundred-years old. The basic hypothesis— the articulation and development of which Hirschman investigates—makes the case for capitalism rest on the belief that "it would activate some benign human proclivities at the expense of some malignant ones."”

Amartya Sen (1933) Indian economist

1990s, Foreword to The Passions and the Interests (1996)

Books , Way , Idea , Decision

“I reject the notion that technology is a neutral thing, so I see it as creating new capabilities for humanity. But then, these capabilities can be an object of conflict. And if you analyse p2p technology, it can take different forms. These different forms are the function of the forces which control the technology. For example, in what I call “netarchical capitalism,” that is where you have proprietory platforms, business-owned entities creating p2p front-ends, because they want people to communicate with each other, but they combine it with controlled and hierarchical back-ends, where they control the design and your personal data, so that they are able to sell your attention. So, when we talk about peer-to-peer technology, we have to be very careful, not just look at the structure: computers organised in a peer network, humans organised in a peer network etc., but you have to look at governance and ownership as well.”

Michel Bauwens

Greens and Pirates: in Search of a New Majority for the Commons? https://www.greeneuropeanjournal.eu/greens-and-pirates-in-search-of-a-new-majority-for-the-commons/, interview with Michel Bauwens by Adam Ostolski, Green European Journal, January 2014

People , Communication , Business , Personality

“But I am just stating facts: capitalism is a wonderful creature - just don't abuse its principles and unwritten laws.”

Robert Kuok (1923) Malaysian businessman

Cap 14 "Malaysian Crossroads"

Law

Quotes about capital page 6

Quotes about capital
page 6