Quotes about capital (1674 quotes, page 7)

“Socialism, wherever it actually had the means to plan a society, to pursue efficaciously its vision of the abolition of private property, economic inequality, and the allocation of capital and goods by free markets, culminated in the crushing of individual, economic, religious, associational, and political liberty. Its collectivization of agriculture alone led to untold suffering, scarcity, and contempt for property as the fruit of labor.”

Alan Charles Kors (1943) American academic

2000s, Can There Be an "After Socialism"? (2003)

Suffering

“The workers of America have power enough to topple the structure of capitalism at home and to lift the whole world with them when they rise.”

James P. Cannon (1890–1974) American politician

The Struggle for a Proletarian Party

World , Home

“Frank II liked Spain. Philip's capital was gayer, warmer, and more sanitary than London. It was intoxicating to enjoy the best of both courts. It proved also extremely remunerative: the shared consciousness of Frank I and II was by far the quickest communicational link between the two rival countries, and as such was worth money. Not that Frank revealed his secret to a soul, but he let it be known he had a fleet of capable spies who moved without risk of detection between England and Spain. Burly Lord Burleigh beamed upon him. So did the Duke of Medina Sidonia.”

Brian W. Aldiss (1925–2017) British science fiction author

Let's Be Frank (1957)

Money , Secret , Soul , Communication

“Market capitalism is the best thing that ever happened to the common man. The rich have always had access to entertainment, often in the comfort of their palaces and mansions. The rich have never had to experience the drudgery of having to beat out carpets, iron their clothing or slave over a hot stove all day in order to have a decent dinner. They could afford to hire people. Capitalism's mass production and marketing have made radios and televisions, vacuum cleaners, wash-and-wear clothing and microwave ovens available and well within the means of the common man; thus, sparing him of the boredom and drudgery of the past. Today, the common man has the power to enjoy much (and more) of what only the rich could afford yesteryear.”

Walter E. Williams (1936) American economist, commentator, and academic

2010s, Markets, Governments, and the Common Good

People , Past , Clothes

“Skills that are monopolizable are anathema to capital.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 2, Production and Distribution, p. 59

“Dialogue in Hell:
Twenty-First Dialogue

Machiavelli: I am afraid that you are somewhat prejudiced against loans;… modern economists today expressly recognize that, far from impoverishing the state, public debts enrich it. Will you allow me to explain how?
Montesquieu:…. I should first of all like to know from whom you will ask so much capital, and for what reason you will ask it.
Machiavelli: For that, foreign wars are a great help. In the great states, they permit the borrowing of five or six hundred millions; one manages so as to spend only half or two-thirds, and the rest finds its place in the treasury for domestic expenditures.”

Will Eisner (1917–2005) American cartoonist

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

War , Hell , Help

“Hayek may still have lessons to teach us. The policies he recommended during the Great Depression may have been badly flawed but his insight that prosperity cannot be restored by unending expansion of debt may have some value at a time when the limits of “Keynesian” quantitative easing are becoming clear. It is in any case far from obvious that Keynes would have supported a continuation of QE once a disastrous collapse had been averted. “Keynesianism” is a confection of Keynes’s more mechanical disciples, not an indication of how this mercurially brilliant mind would have responded to our present dilemmas. Again, Hayek’s claim that nothing can be done to mitigate the impact of free markets on social cohesion was dangerously misguided. But he was right to point out that capitalism cannot be remodelled to fit some conception of an ideally fair distribution of resources. Whether any kind of social democracy can be reconciled with the anarchic energies of global markets is an open question.”

John Gray (1948) British philosopher

The Friedrich Hayek I knew, and what he got right - and wrong (2015)

Democracy , Question , Support , Time

“What the world did not deem possible the German people have achieved…. It is already war history how the German Armies defeated the legions of capitalism and plutocracy. After forty-five days this campaign in the West was equally and emphatically terminated.”

Adolf Hitler (1889–1945) Führer and Reich Chancellor of Germany, Leader of the Nazi Party

“Adolf Hitler’s Order of the Day Calling for Invasion of Yugoslavia and Greece,” Berlin, (April 6, 1941), New York Times, April 7, 1941
1940s

War , People , World , History

“Of all the sights and sounds which attracted me on my first arrival to live in London in the mid-thirties, one combined operation left a lingering, individual spell. I naturally went to Hyde Park to hear the orators, the best of the many free entertainments on offer in the capital. I heard the purest milk of the world flowing, then as now, from the platform of the Socialist Party of Great Britain.”

Michael Foot (1913–2010) British politician

Debts of Honour, 1980.
1980s

World , Nature

“Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.”

Jim Stanford (1961) Canadian economist

Part 1, Chapter 3, Economic History, p. 43
Economics For Everyone (2008)

“In these days, under the rule of capitalism, a government, even if it is full of philanthropy and animated by the best of intentions, can do nothing of real value to our cause. One must keep free from illusions.”

Wilhelm Liebknecht (1826–1900) German socialist politician

No Compromise – No Political Trading (1899)

Animals

“Capitalism is the sorcerer's apprentice: it has summoned up powers which have spun wildly out of control and now threaten to destroy us. The task of socialism is not to spur on those powers but to bring them under rational human control.”

Terry Eagleton (1943) British writer, academic and educator

Source: 2010s, Why Marx Was Right (2011), Chapter 10, p. 236

“When my grandfather was born there were barely two thousand people living in the capital; in my own childhood there were nearly five thousand. In grandfather's childhood the only people who counted were a few government officials and a few foreign merchants, mainly Jews from Schleswig and Holstein who spoke Low German and called themselves Danes... The rest of the town's inhabitants were cottagers who went out to the fishing and sometimes owned a small share in a cow, or had a few sheep. They had little rowing-boats, on which they could sometimes hoist a sail.”

Halldór Laxness (1902–1998) Icelandic author

Brekkukotsannáll (The Fish Can Sing) (1957)

People , Fish , Childhood

“As for 'racism', the modern BNP opposes mass immigration and multi-culturalism on the grounds that human biocultural diversity is being exterminated by global capitalism. It demands for every single people and culture on planet Earth the right to self-preservation which it seeks for its own. Such a position is clearly out of step with the extermination-through-assimilation model of multi-culturalism promoted by the dominant ideology of the USA, but it equally clearly has nothing to do with 'hate' or wishing to harm others.”

Nick Griffin (1959) British politician

Nick Griffin, Civil liberty – the indivisible right.

Hate , People

“Is it capitalism or states that must be destroyed in order to get peace, or must both be abolished?”

Kenneth N. Waltz book Man, the State, and War

Source: Man, the State, and War (1959), Chapter V, Some Implications Of The Second Image, p. 127

Peace

“What is the "cost of capital" to a, firm in a world in which funds are used to acquire assets whose yields are uncertain; and in which capital can be obtained by many different media, ranging from pure debt instruments, representing money-fixed claims, to pure equity issues, giving holders only the right to a pro-rata share in the uncertain venture? This question has vexed at least three classes of economists: (1) the corporation finance specialist concerned with the techniques of financing firms so as to ensure their survival and growth; (2) the managerial economist concerned with capital budgeting; and (3) the economic theorist concerned with explaining investment behavior at both the micro and macro levels.”

Franco Modigliani (1918–2003) Italian-American economist

Franco Modigliani and Merton H. Miller. "The cost of capital, corporation finance and the theory of investment." The American economic review (1958): 261-297.

Money , World , Behavior , Question

“Capitalism puts higher and higher demands on people to be able to improvise, to adapt to the constant changes of the market, to interact with each other and communicate in an effective way, to be ready at any time for the worse. There is a strong correlation between the importance of constant innovation in capitalism and in improvisation, and we cannot avoid that there is a strong relationship between the two. … The more open you are to experimentation, the more you would be likely to open up new avenues for capitalism to produce value.”

Mattin (1977) Spanish musician

Interview (May 2007)

People , Way , Communication , Strong

“In each and every one of us lies a message. It is inscribed in an ancient code, its beginnings lost in the mists of time. Decrypted, the message contains instructions on how to make a human being. Nobody wrote the message; nobody invented the code. They came into existence spontaneously. Their designer was Mother Nature herself, working only within the scope of her immutable laws and capitalizing on the vagaries of chance. The message isn't written in ink or type, but in atoms, strung together in an elaborately arranged sequence to form DNA, short for deoxyribonucleic acid. It is the most extraordinary molecule on Earth.”

Paul Davies (1946) British physicist

Source: The Fifth Miracle: The Search for the Origin and Meaning of Life (1999), Ch. 1: 'The Meaning of Life', p. 41

Law , Nature , Chance , Time

“Capitalism is the least romantic conception of a public order that the human mind has ever conceived.”

Irving Kristol (1920–2009) American columnist, journalist, and writer

As quoted in "Free-Market Boring…Losing Consciousness" http://web.archive.org/web/20010105/www.nationalreview.com/goldberg/goldberg012401.shtml (24 January 2001), by Jonah Goldberg, National Review

“Intensive research in recent years into the sources of economic growth among both developing and developed nations generally point to a number of important factors: the state of knowledge and skill of a population; the degree of control over indigenous natural resources; the quality of a country's legal system, particularly a strong commitment to a rule of law and protection of property rights; and yes, the extent of a country's openness to trade with the rest of the world. For the United States, arguably the most important factor is the type of rule of law under which economic activity takes place. When asked abroad why the United States has become the most prosperous large economy in the world, I respond, with only mild exaggeration, that our forefathers wrote a constitution and set in motion a system of laws that protects individual rights, especially the right to own property. Nonetheless, the degree of state protection is sometimes in dispute. But by and large, secure property rights are almost universally accepted by Americans as a critical pillar of our economy. While the right of property in the abstract is generally uncontested in all societies embracing democratic market capitalism, different degrees of property protection do apparently foster different economic incentives and outcomes.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

Alan Greenspan (2004) The critical role of education in the nation's economy.
2000s

World , Law , Nature , Knowledge

“To give the monopoly of the home-market to the produce of domestic industry, in any particular art or manufacture, is in some measure to direct private people in what manner they ought to employ their capitals, and must, in almost all cases, be either a useless or a hurtful regulation.”

Adam Smith (1723–1790) Scottish moral philosopher and political economist

Source: (1776), Book IV, Chapter II, p. 489.

People , Art , Home , Hurt

“It is time to recognize that financial markets are inherently unstable. Imposing market discipline means imposing instability, and how much instability can society take? … To put it bluntly, the choice confronting us is whether we will regulate global financial markets internationally or leave it to each individual state to protect its interests as best it can. The latter course will surely lead to the breakdown of the gigantic circulatory system, which goes under the name of global capitalism.”

George Soros (1930) Hungarian-American business magnate, investor, and philanthropist

The Crisis of Global Capitalism (1998)

Time

“He tried to read an elementary economics text; it bored him past endurance, it was like listening to somebody interminably recounting a long and stupid dream. He could not force himself to understand how banks functioned and so forth, because all the operations of capitalism were as meaningless to him as the rites of a primitive religion, as barbaric, as elaborate, and as unnecessary. In a human sacrifice to deity there might be at least a mistaken and terrible beauty; in the rites of the moneychangers, where greed, laziness, and envy were assumed to move all men’s acts, even the terrible became banal.”

Ursula K. Le Guin Hainish Cycle

Source: Hainish Cycle, (1974), Chapter 5 (pp. 130-131)

Men , Stupidity , Religion , Beauty

“The “democratisation” of the ownership of shares, from which the bourgeois sophists and opportunist so-called “Social-Democrats” expect (or say that they expect) the “democratisation of capital”, the strengthening of the role and significance of small scale production, etc., is, in fact, one of the ways of increasing the power of the financial oligarchy.”

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

Imperialism : The Highest Stage of Capitalism (1916) http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch03.htm.
1910s

Way

“Modern capitalism has as little use for liberum arbitrium [undisciplined] persons as laborers as it has for the businessman fully without scruples in the running of his company.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

Personality

“I'm trying to change the world or at least to make the horrors of the global capitalism visible. I don't care much about art. I used to be a total artist but now I'm more a human being.”

Riiko Sakkinen (1976) Finnish visual artist

"More a Human Being than an Artist" (6 February 2013) http://www.riikosakkinen.com/blog/?show=archive&m=02-2013

World , Art , Change

“We talk endlessly of the individual and of individualism, for example, when any sensible glance at major issues indicates that we live in an era of great conformism. Our societies turn upon democratic principles, yet the quasi totality of our leading citizens refuse to take part in that process and, instead, leave the exercise of political power to those for whom they have contempt. Our business leaders hector us in the name of capitalism, when most of them are no more than corporate employees, isolated from personal risk.”

John Ralston Saul (1947) Canadian author and essayist

Voltaire's Bastards (1992)

Exercises , Business , Parting , Personality

“The panic on the part of the State and Union governments could not but produce some more unsavoury results. Muslim mobs in India and elsewhere had been incited by all those who mattered in India, Pakistan and Bangladesh. They started taking to the streets and turning violent. The Statesman dated May 13 published the following news date-lined Dhaka, May 12: “At least 12 people were killed and 100 wounded when Bangladesh police fired on a demonstration yesterday in the border town of Chepal Nawabgunj, 320 km. from here. Some 1000 demonstrators, belonging to the fundamentalist Jamaat-i-Islami, were protesting against a case filed by two Indian civilians in Calcutta High Court calling for a ban on the Quran in India. The town chief administrator said today that the police opened fire in self-defence when the demonstrators went on a rampage throwing missiles and setting ablaze government property. Yesterday’s incident followed a demonstration by at least 20,000 Jamaat-i-Islami supporters in the capital on Friday {May 10}.””

Sita Ram Goel book The Calcutta Quran Petition

The demonstrators in Dhaka, according to other reports, were trying to storm the office of India’s High Commission when they were stopped by the police.
The Calcutta Quran Petition (1986)

People , Support , Parting

“With the neutron bomb, which destroys life but not property, capitalism has found the weapon of its dreams.”

Edward Abbey (1927–1989) American author and essayist

Source: A Voice Crying in the Wilderness (Vox Clamantis in Deserto) (1990), Ch. 11 : Money Et Cetera, p. 100

Life , Dreams

“The point of an analysis of capitalism, or of nihilism, is to do more of it. The process is not to be critiqued. The process is the critique, feeding back into itself, as it escalates. The only way forward is through, which means further in.”

Nick Land (1962) British philosopher

"A Quick-and-Dirty Introduction to Accelerationism" https://jacobitemag.com/2017/05/25/a-quick-and-dirty-introduction-to-accelerationism/ (2017) (original emphasis)

Way

“Treasure maps; Czarist bonds; a case of stuffed dodos; Scarlett O'Hara's birth certificate; two flattened and deformed silver bullet heads in an old matchbox; Baedeker's guide to Atlantis (seventeenth edition, 1902); the autograph score of Schubert's Unfinished Symphony, with Das Ende written neatly at the foot of the last page; three boxes of moon rocks; a dumpy, heavy statuette of a bird covered in dull black paint, which reminded him of something but he couldn't remember what; a Norwich Union life policy in the name of Vlad Dracul; a cigar box full of oddly shaped teeth, with CAUTION: DO NOT DROP painted on the lid in hysterical capitals; five or six doll's-house-sized books with titles like Lilliput On $2 A Day; a small slab of green crystal that glowed when he opened the envelope; a thick bundle of love letters bound in blue ribbon, all signed Margaret Roberts; a left-luggage token from North Central railway terminus, Ruritania; Bartholomew's Road Atlas of Oz (one page, with a yellow line smack down the middle); a brown paper bag of solid gold jelly babies; several contracts for the sale and purchase of souls; a fat brown envelope inscribed To Be Opened On My Death: E. A. Presley, unopened; Oxford and Cambridge Board O-level papers in Elvish language and literature, 1969-85; a very old drum in a worm-eaten sea-chest marked F. Drake, Plymouth, in with a load of minute-books and annual accounts of the Winchester Round Table; half a dozen incredibly ugly portraits of major Hollywood film stars; Unicorn-Calling, For Pleasure & Profit by J. R. Hartley; a huge collection of betting slips, on races to be held in the year 2019; all water, as far as Paul was concerned, off a duck's {back]”

Tom Holt (1961) British writer

The Portable Door (2003)

Love , Life , Death , Pleasure

“I am surprised to see that today everything that does not amount to surrender pure and simple to generalized capitalism, let us call it thus, is considered to be archaic or old-fashioned, as though in a way there existed no other definition of what it means to be modern than, quite simply, to be at all times caught in the dominant forms of the moment.”

Alain Badiou (1937) French writer and philosopher

From Can Change Be Thought? A Dialogue with Alain Badiou by Bruno Bosteels, in Alain Badiou: Philosophy And Its Conditions, edited by Gabriel Riera. Albany: State University of New York Press, 2005. ISBN 0791465047.

Way , Fashion , Time

“The Russian revolution was nominally based on Communist dogma; but its significant struggle was to find some instrument by which a vast backward country could be mauled into industrialization. The capitalist revolution in which the United States was the leader found apter, more efficient and more flexible means through collectivizing capital in corporations.”

Adolf A. Berle (1895–1971) American diplomat

Source: The 20th century capitalist revolution. 1954, p. 23

Country

“The essence of capital is its ability to mobilize social labor by buying labor power and setting it to work. This requires a market in which the capacity of human beings to work can be bought and sold like any other commodity: buyers of labor power offer wages, which sellers accept in return for a commodity, their own labor.”

Eric Wolf (1923–1999) American anthropologist

Source: Europe and the People Without History, 1982, Chapter 12 The New Laborers, p. 354.

“.. whatever may have been the style and title, the sovereign ruler was there, and accordingly the court established itself at once with all its due accompaniments of pomp, insipidity, and emptiness. Caesar appeared in public not in the robe of the consuls which was bordered with purple stripes, but in the robe wholly of purple which was reckoned in antiquity as the proper regal attire, and received, sitting on his golden chair and without rising from it, the solemn procession of the senate. The festivals in his honour commemorative of birthday, of victories, and of vows, filled the calendar. When Caesar came to the capital, his principal servants marched forth in trips to great distances so as to meet and escort him. To be near to him began to be of such importance, that the rents rose in the quarter of the city where he lived. Personal interviews with him were rendered so difficult by the multitude of individuals soliciting audience, that Caesar found himself compelled in many cases to communicate even with his intimate friends in writing, and that persons even of the highest rank had to wait for hours in the ante-chamber. People felt, more clearly than was agreeable to Caesar himself, that they no longer approached a fellow-citizen. There arose a monarchical aristocracy, which was a remarkable manner at once new and old, and which had sprung out of the idea of casting into the shade the aristocracy of the oligarchy by that of the royalty, the nobility of the patriciate. The patrician body still subsisted, although without essential privileges as an order, in the character of a close aristocratic guild; but as it could receive no new gentes it had dwindled away more and more in the course of centuries, and in Caesar's time there were not more than fifteen or sixteen patrician gentes still in existence. Caesar, himself sprung from one of them, got the right of creating new patrician gentes conferred on the Imperator by decree of the people, and so established, in contrast to the republican nobility, the new aristocracy of the patriciate, which most happily combined all the requisites of a monarchichal aristocracy - the charm of antiquity, entire dependence on the government, and total insignificance. On all sides the new sovereignty revealed itself.”

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

Vol. 4, Part 2. Translated by W.P. Dickson.
The New Court.
The History of Rome - Volume 4: Part 2

People , Communication , Idea , Birthday

“Thus monopoly is limited by competition, and no owner, whether of labour, land or capital, can, theoretically speaking, obtain a larger share of produce for it than what other owners of exactly the same kind of property are willing to accept.”

William Stanley Jevons The Theory of Political Economy

Preface To The Second Edition, p. 29.
The Theory of Political Economy (1871)

“Our enemy really isn't capitalism, it's cynicism. That's one the things I learned from Woody (Guthrie)… Not to be cynical… That cynicism… It destroys you, it rots you away from the inside. So that sense of optimism and humanity… which 20 years ago I would have called socialism but now I'll call compassion… You know, that idea is still out there and alive and if you can plug into that and encourage that it makes it all worth while.”

Billy Bragg (1957) English singer-songwriter and left-wing political activist

From Curtis, Hillman, MTIV, Process, Inspiration and Practice for the New Media Designer (Indianapolis: New Riders, 2002), page 221.

Idea , Optimism , Sense , Learning

“The Arabs had acquired Africans as slaves for centuries, but they were exploited in a feudal context. African slaves in Arab hands became domestics, soldiers, and agricultural serfs. Whatever surplus they produced was not for reinvestment and multiplication of capital, as in the West Indian or North American slave systems but for consumption by the feudal elite. Indeed, slaves were often maintained more for social prestige than for economic benefit.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 225.

“God knows, I’m hardly a sociologist. But I hope in the future for some form of reconciliation. Because I think all men are guilty. I’m not talking about rape and pillage. I’m not talking about Harveyesque. I’m talking about all of the spectrum. From an aggressive flirt. Or even just a flirty-flirt that has one sour note in it. Or what I think every man was guilty of, some form of omission in attitude, in his views. Are we really going to have only capital punishment? Because right now, that’s what we have. You get accused, you’re obliterated. Charlie Rose ceases to exist.”

Barry Diller (1942) American businessman

March 2018 interview with New York Times https://www.nytimes.com/2018/03/24/style/barry-diller-iac.html

Men , God , Hope , Thinking

“Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.”

Jim Stanford (1961) Canadian economist

Part 3, Chapter 11, Competition, p. 129
Economics For Everyone (2008)

Death

“There is room in the world, no doubt, and even in old countries, for a great increase of population, supposing the arts of life to go on improving, and capital to increase. But even if innocuous, I confess I see very little reason for desiring it. The density of population necessary to enable mankind to obtain, in the greatest degree, all the advantages both of co-operation and of social intercourse, has, in all the most populous countries, been attained. If the earth must lose that great portion of its pleasantness which it owes to things that the unlimited increase of wealth and population would extirpate from it, for the mere purpose of enabling it to support a larger but not a better or a happier population, I sincerely hope, for the sake of posterity, that they will be content to be stationary, long before necessity compels them to it..”

John Stuart Mill book Principles of Political Economy

Principles of Political Economy (1848), Book IV, Chapter VI, §3, p. 516

Life , World , Hope , Art

“… in our domestic and foreign policy, … we have set as our goal the world-wide spread of the influence of Islam … We wish to cause the corrupt roots of Zionism, capitalism and Communism to wither throughout the world. We wish, as does God almighty, to destroy the systems which are based on these three foundations, and to promote the Islamic order of the Prophet …”

Ruhollah Khomeini (1902–1989) Religious leader, politician

[//en.wikipedia.org/wiki/Political_thought_and_legacy_of_Ruhollah_Khomeini#cite_ref-111]

God , World , Communication

“The genius of the corporation as a business form, and the reason for its remarkable rise over the last three centuries, was - and is - its capacity to combine the capital, and thus the economic power, of unlimited numbers of people.”

Joel Bakan (1959) Canadian writer, musician, filmmaker and legal scholar

Source: The Corporation: The Pathological Pursuit of Profit and Power (2004), Chapter 1, The Corporation's Rise To Dominance, p. 8

People , Business

“This book was born out of astonishment. At a time when the waves of the anti-imperialist struggle are sweeping across the world, when movements of revolt are bursting out at the very heart of advanced capitalism, when the revival of working-class action is creating a new political situation in Europe, ‘urban problems’ are becoming an essential element in the policies of governments, in the concerns of the mass media, and consequently, in the everyday life of a large section of the population.”

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

Source: The Urban Question: A Marxist Approach, 1977, p. 1

Life , Books , World , Problem

“Three-fourths of the Italian economy, industrial and agricultural, is in the hands of the state. And if I dare to introduce to Italy state capitalism or state socialism, which is the reverse side of the medal, I will have the necessary subjective and objective conditions to do it.”

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

The Oxford Handbook of the Italian Economy Since Unification, by Gianni Toniolo, editor, Oxford University Press (2013) p. 59. Mussolini’s speech to the Chamber of Deputies on May 26, 1934.
1930s

“Let me examine the alleged "distinction from capitalism" characteristic of the Soviet Union and see whether it isn't a distinction from a certain stage of capitalism rather than from capitalism as a whole. The determining factor in analyzing the class nature of a society is not whether the means of production are the private property of the capitalist class or are state-owned, but whether the means of production … are monopolized and alienated from the direct producers. The Soviet Government occupies in relation to the whole economic system the position which a capitalist occupies in relation to a single enterprise. … "Bureaucratic state socialism" is an irrational expression behind which there exists the real economic relation of state-capitalist-exploiter to the propertyless exploited.”

Raya Dunayevskaya (1910–1987) American philosopher

"The Union of Soviet Socialist Republics is a Capitalist Society" (1941), in Russia: From Proletarian Revolution to State-Capitalist Counter-Revolution (2017), p. 210

Nature

“This rich, proud Empire did not pay its children, who had maintained and built up its glory and upon whom they had to depend in future against every foe, enough to keep themselves, their wives, and their children above a state of semi-starvation. (Cries of "Shame.") The land of Britain, which ought to be rearing a virile, healthy, independent, prosperous people, was held under conditions which positively discouraged capital, enterprise, and brains, sapped independence and undermined vitality. The condition of things was one which demanded the immediate attention of every man who loved his native land and who had any heart to sympathize with humanity in despair.”

David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

Speech to the National Liberal Club (31 January 1913), quoted in The Times (1 February 1913), p. 8.
Chancellor of the Exchequer

Love , Children , People , Future

“By stating that the analysis of the laws of motion governing the capitalist mode of production necessarily includes at least some essential elements of an analysis of economic phenomena valid for the whole historical epoch encompassing economic organizations in which commodity production exists, one extends the validity of parts of Marx’s Capital not only into the past but also into the future.”

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

Introduction to Capital. Introduction to volume 1 (1976)

Law , Past , Future , Parting

“Boredom is a powerful incentive to come up with bad ideas, especially for intellectuals. "Capitalism," says Irving Kristol, "is the least romantic conception of a public order that the human mind has ever conceived." The reason it's so unromantic is that it doesn't tell people what to do and that can be very frustrating for intellectuals who want to tell people what to do. Indeed, court intellectuals have always been more influential where the people are less free, because when an intellectual persuades a dictator or a socialist prime minister (a small distinction to be sure), their advice gets translated into reality. When an intellectual says, "It would be a better society if all beer was free" a free-market politician would, or at least should, say "Maybe, but what can I do about it?"”

Jonah Goldberg (1969) American political writer and pundit

2000s, 2001, Free-Market Boring…Losing Consciousness (2001)

People , Idea , Beer , Reality

“Those who yearn for the end of capitalism should pray for government by men who believe that all positive action is inimical to what they call thoughtfully the fundamental principles of free enterprise.”

John Kenneth Galbraith (1908–2006) American economist and diplomat

Source: Money: Whence It Came, Where It Went (1975), Chapter XXI, Afterword, p. 312

Men

“Although it is obvious that people acquire useful skills and knowledge, it is not obvious that these skills and knowledge are a form of capital, that this capital is in substantial part a product of deliberate investment, that it has grown in Western societies at a much faster rate than conventional (nonhuman) capital, and that this growth may well be the most distinctive feature of the economic system.”

Theodore Schultz (1902–1998) American economist

Source: "Investment in human capital," 1961, p. 1

People , Knowledge , Parting

“The fact is, people work hard and rely on Food Stamps—or SNAP Program—to be able to feed their families. When they work full-time they still live in poverty. That's wrong in our nation. Students who are losing hope because of the difficulty of finding jobs in this tough economy. What we need to do, what is best for America, is to raise wages, create jobs, and then we will move forward. Hard-working people are trying their best, but those who hold on to capital are not sharing the wealth, and there is the problem.”

Simone Campbell (1945) American Roman Catholic Religious Sister and activist

Simone Campbell, interviewed by Al Sharpton, " Nun Responds To Hannity's 'Communist' Comparison: 'Name Calling Is About All That Exists On That Side' http://www.mediamatters.org/video/2014/04/21/nun-responds-to-hannitys-communist-comparison-n/198961," Media Matters for America video, 4:12, April 21, 2014.

People , Family , Food , Hope

“The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage…
Soon after the announcement of the referendum results, I was made aware of a certain preference by some Eurogroup participants, and assorted ‘partners’, for my… ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.
I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.
And I shall wear the creditors’ loathing with pride….”

Yanis Varoufakis (1961) Greek-Australian political economist and author, Greek finance minister

Minister-no-more http://yanisvaroufakis.eu/2015/07/06/minister-no-more/ at yanisvaroufakis.eu, 2015/07/06; cited in: I shall wear the creditors’ loathing with pride http://www.theguardian.com/world/commentisfree/2015/jul/06/yanis-varoufakis-resignation-statement-creditors-loathing-with-pride, in: theguardian.com, 6 July 2015.

People , History , Idea , Help

“It is some relief to move from the exalted realm of philosophical ethics to the mundane realm of scientific methodology. However, I rather shy away from discussions of Methodology with a capital M. To paraphrase Shaw: Those who can do science; those who can’t prattle about its methodology.”

Paul A. Samuelson (1915–2009) American economist

“My Life Philosophy: Policy Credos and Working Ways,” in M. Szenberg (ed.) Eminent Economists: Their Life Philosophies (1992)
1980s–1990s

Science

“Capital, like capitalism, seems an overrated category.”

Ernest Gellner (1925–1995) Czech anthropologist, philosopher and sociologist

Source: Nations and Nationalism (1983), Chapter 7, A Typology Of Nationalism, p. 97

“Capitalism is about the mutual creation of wealth rather than the pillaging of it.”

Ted Malloch (1952) American businessman

Source: Doing Virtuous Business (Thomas Nelson, 2011), p. 29.

Wealth

“The prison therefore functions ideologically as an abstract site into which undesirables are deposited, relieving us of the responsibility of thinking about the real issues afflicting those communities from which prisoners are drawn in such disproportionate numbers. This is the ideological work that the prison performs—it relieves us of the responsibility of seriously engaging with the problems of our society, especially those produced by racism and, increasingly, global capitalism.”

Angela Davis Are Prisons Obsolete?

Are Prisons Obsolete? (2003)

Communication , Problem , Thinking , Affliction

“The proletariat is that class in society which lives entirely from the sale of its labor and does not draw profit from any kind of capital; whose weal and woe, whose life and death, whose sole existence depends on the demand for labor – hence, on the changing state of business, on the vagaries of unbridled competition.”

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

(1847)

Life , Death , Business , Change

“Militarism! Here is the monstrous leech that is incessantly sucking the blood of the people and its best energy! Here is the target for our attacks! We must put an end to barbarism, proclaim that the army is now a highly organized school of crime and that it exists solely to protect bourgeois capital and profits. We must not be deterred from proclaiming ourselves international socialists. We recognize no borders and no flags, we hate all steel, every institution that exist to kill men, waste energy, strangle the advance of the workers.”

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

Mussolini's article, (April 11, 1909), quoted in The Myth of the Nation and the Vision of Revolution, Jacob Talmon, University of California Press (1981) p. 487,
1900s

Men , Hate , People , School

“It should be underlined that while the democratic or state socialist believes that socialist governments will be peaceloving and nonviolent, the Marxist-Leninist believes this true of only the final, communist stage of stateless anarchy. The socialist transition period may well involve war with capitalist states, but while this inter-state war is to be avoided if at all possible in this age of nuclear weapons, the world-wide struggle against capitalism must be pursued by all means short of inter-state war. This would involve not only the arts of deception, disinformation, subversion, and demoralization, against capitalist states, but also terrorism and domestic wars through ‘national liberation fronts’. For the Marxist-Leninist, then, it is the communist system that is inherently peaceful, not the socialist intermediary state. This socialist stage means the purposeful, aggressive use of force and violence to pursue the final, global stage of communist peace and freedom.”

Rudolph Rummel (1932–2014) American academic

“Political Systems, Violence, and War,” chap. 14 in "Approaches to Peace: An Intellectual Map", edit, W. Scott Thompson and Kenneth M. Jensen, Washington, D.C., United States Institute of Peace, 1991, pp. 347-370; and “The Politics of Cold Blood,” Society, Vol. 27 (November/December, 1989) pp. 32-40

War , Age , World , Peace

“Absolutely, what we need to do is that companies must just surrender 51%. … They have exploited the wealth of that country [South Africa] for far too long. It is time that the people are now beginning to benefit. Our people don't have money to buy those shares, and they will never have money to buy those shares. … Under president Mbeki they had 2/3 majority, they could have done anything they wanted. Till today they have not done anything. … because the ANC did not want to tamper with the economic structure and … property ownership … We are going to engage in a very persuasive, peaceful engagement with capital. … We are meeting captains of the industry. Some of them are beginning to respond to our memorandum. Some are saying, well these are doable proposals. … We'll not use that [civil disobedience] until that our people are pushed to the limit. … These people are prepared to give shares to the black elite who are politically connected. … why not give it to the workers themselves who are … making this company … what it is.”

Julius Malema (1981) South African political activist

In a television interview with Zeinab Badawi of BBC HARDtalk in December 2015, Watch: Julius Malema grilled by BBC journalist http://businesstech.co.za/news/government/106007/watch-julius-malema-grilled-by-bbc-journalist/, Staff writer, BusinessTech (2 December 2015)

Money , People , Peace , Time

“Anti-semitism became equal to anti-Republicanism. And Hitler went to the peasants with a campaign of anti-capitalism.”

Dorothy Thompson (1893–1961) American journalist and radio broadcaster

Source: "I Saw Hitler" 1932, p. 28

“The system of production developed in Russia is State socialism. It is organized production, with the State as universal employer, master of the entire production apparatus. The workers are master of the means of production no more than under Western capitalism. They receive their wages and are exploited by the State as the only mammoth capitalist. So the name State capitalism can be applied with precisely the same meaning. The entirety of the ruling and leading bureaucracy of officials is the actual owner of the factories, the possessing class.”

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

Workers Councils (1947), Section 2.5

Universe

“The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments”

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

Source: 1940s, The theory of the firm in the last ten Years, 1942, p. 793 cited in: Pedro Garcia Duarte (2010) " A Path through the Wilderness: Time Discounting in Growth Models http://public.econ.duke.edu/~staff/wrkshop_papers/2009-2010_Papers/PGDuarte_Path_Through_Wilderness.pdf"

Question , Time

“No serious challenge on the Left exists to Third Way thinking anywhere in the world. This is hardly surprising as globalisation punishes hard any country that tries to run its economy by ignoring the realities of the market or prudent public finances. In this strictly narrow sense, and in the urgent need to remove rigidities and incorporate flexibility in capital, product and labour markets, we are all "Thatcherite" now.”

Peter Mandelson (1953) British Labour politician

"There's plenty of life in the 'new' Third Way yet", The Times, 10 June 2002, p. 16.

World , Way , Thinking , Reality

“Foundational to our exceptional nation’s sacred private property rights, a business must have freedom to locate where it wishes. In a free market, if a business makes a mistake (including a marketing mistake that perhaps Carrier executives made), threatening to move elsewhere claiming efficiency’s sake, then the market’s invisible hand punishes. Thankfully, that same hand rewards, based on good business decisions. But this time-tested truth assumes we’re operating on a level playing field. When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Meanwhile, the invisible hand that best orchestrates a free people’s free enterprise system gets amputated. Then, special interests creep in and manipulate markets. Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.”

Sarah Palin (1964) American politician

2016, But… Wait… The Good Guys Won’t Win With More Crony Capitalism (December 2, 2016)

People , Truth , Business , Support

“The words of the great French anthem rang out over the town square, sung for the first time by liberated Frenchmen in the free capital of Normandy and sung with such a feeling of life and warmth as has not been heard in France for four years.”

Larry LeSueur (1909–2003) American journalist

Life , Feeling , Time

“At Chartres Christ is identified with his Mother, the spirit of love and grace, and his Church is the Church Triumphant.

Not only is Fear absent; there is not even a suggestion of pain; there is not a martyr with the symbol of his martyrdom; and what is still more striking, in the sculptured life of Christ, from the Nativity to the Ascension, which adorns the capitals of the columns, the single scene that has been omitted is the Crucifixion. There, as everywhere in this Portal, the artists seem actually to have gone out of their way to avoid a suggestion of suffering.”

Henry Adams (1838–1918) journalist, historian, academic, novelist

Mont Saint Michel and Chartres (1904)

Love , Life , Pain , Fear

“Once the first radical attack on private property has been launched, the proletariat will find itself forced to go ever further, to concentrate increasingly in the hands of the state all capital, all agriculture, all transport, all trade. All the foregoing measures are directed to this end; and they will become practicable and feasible, capable of producing their centralizing effects to precisely the degree that the proletariat, through its labor, multiplies the country’s productive forces.”

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

(1847)

Country

“The Founding Fathers, those who wrote the Constitution and founded the American Republic, they understood the benefits of sound money and the evils of paper money. They’ve put America on a gold standard from the very birth of the republic and we should heed their wise - they were very learned men. I think they were much more educated and understanding about economics then the people who lead the U. S. today. So, to try to suggest that we will have less robust economy if we went back to gold standard - mostly, that’s propaganda from Central Bankers and politicians, who want to scare us from going back to something that works, because when you go back to free market, the politicians and bankers will lose their power, and they want to maintain their power by scaring people into thinking that if we just go back to freedom and market forces, that’s somehow is going to be bad and we have to surrender our freedoms to politicians and bankers because they know much better than the market. They can define the proper rate of interest and they can manage the money supplier, centrally planning the economy, and it’s going to be more effective than free market capitalism - and that is just not the case.”

Peter D. Schiff (1963) American entrepreneur, economist and author

http://blogcritics.org/politics/article/peter-schiff-for-us-senate/http://rt.com/shows/sophieco/190800-economy-dollar-financial-armageddon/
Economic Views

Men , Money , People , Education

“Slavery is useful for early accumulation of capital, but it is too rigid for industrial development. Slaves had to be given crude non-breakable tools which held back the capitalist development of agriculture and industry. That explains the fact that the northern portions of the U. S. A. gained far more industrial benefits from slavery than the South, which actually had slave institutions on its soil; and ultimately the stage was reached during the American Civil War when the Northern capitalists fought to end slavery within the boundaries of the U. S. A. so that the country as a whole could advance to a higher level of capitalism.”

Walter Rodney book How Europe Underdeveloped Africa

Source: How Europe Underdeveloped Africa (1972), p. 136.

War , Country

“The tongue of the sword of the Khalifa of the time, which is the tongue of the flame of Islam, has imparted light to the entire darkness of Hindustan by the illumination of its guidance… and on the right hand and on the left hand the army has conquered from sea to sea, and several capitals of the gods of the Hindus in which Satanism had prevailed since the time of the Jinns, have been demolished. All these impurities of infidelity have been cleansed by the Sultan’s destruction of idol temples, beginning with his first expedition against Deogir, so that the flames of the light of the law illumine all these unholy countries, and places for the criers to prayers are exalted on high, and prayers are read in mosques. Allah be praised!”

Amir Khusrow (1253–1325) Indian poet, writer, musician and scholar

Ma’bar: (Parts of South India), About Sultan ‘Alau’d-Din Khalji (AD 1296-1316) and his generals conquests in Deccan and South India Elliot and Dowson, History of India as told by its own Historians,Vol. III, p. 81-85
Khazainu’l-Futuh

God , Law , Light , Time

“For the West, the enemy was not "socialism" but capitalism. How to tame and subdue the polar bear, how to take over the talent, the science, the technology, how to buy out the human capital, how to acquire the intellectual property rights?”

Michel Chossudovsky (1946) Canadian economist

Source: The Globalization of Poverty and the New World Order - Second Edition - (2003), Chapter 16, The "Thirdworldization" of the Russian Federation, p. 240

Science

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

Karl Hess (1923–1994) American journalist

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

Men , Communication

“The unavoidable spread of South Korean capital and information will put the North Korean government in a tight spot, to put it mildly.”

Andrei Lankov (1963) Russian academic

The Folly of an Inter-Korean Confederation (October 2015)

“It is a special privilege for me on this occasion to have my name associated with that of Professor Bertil Ohlin. By the younger generation of economists we are no doubt both regarded as what in my country are now known as 'senior citizens'; but I am just that much younger than Professor Ohlin to have regarded him as one of the already established figures when I was first trying to understand international economics. His great work on International and Interregional Trade opened up new insights into the complex of relationships between factor supplies, costs of movement of products and factors, price relationships, and the actual international trade in products, migration of persons, and flows of capital. Of the two volumes which I later wrote on International Economic Policy - namely, The Balance of Payments and Trade and Welfare”

James Meade (1907–1995) British economist

it is in the latter that the influence of this work by Professor Ohlin is most clearly marked.
The Meaning of "Internal Balance", (1977)

Understanding , Personality , Country

“From here, our people begin the march towards establishing an independent Palestinian state with Jerusalem as its capital”

Mahmoud Abbas (1935) Palestinian statesman

Speech at the Gaza City harbour on the occasion of Jewish settler withdrawal (12 August 2005), quoted in BBC News, " Gaza boats mass to mark pullout http://news.bbc.co.uk/2/hi/middle_east/4147354.stm"

People

“It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become - of all things - Wall Street's own slogan.”

Robert Kuttner (1943) American journalist

Source: The Economic Illusion (1984), Chapter 2, Capital, p. 51

“The only loyalty to enlightenment consists in disloyalty. This can be partly understood from the position of its heirs, who look back on the “heroic” times and are necessarily more skeptical of the results. To be an heir always carries a certain “status cynicism” with it, as is well known from stories about the inheritance of family capital.”

Peter Sloterdijk (1947) German philosopher

Source: Kritik der zynischen Vernunft [Critique of Cynical Reason] (1983), p. 6

Family , Time , Loyalty

“Thales, the Milesian, is said to be the first author of it1; who used to say, that, for a man to know himself, is the hardest thing in the world2. It was afterwards adopted by Chylon the Lacedemonian; and is one of those three precepts which Pliny affirms to have been consecrated at Delphos in golden letters. It was afterwards greatly admired, and frequently used by others1; till at length it acquired the authority of a divine oracle; and was supposed to have been given originally by Apollo himself. Of which general opinion Cicero gives us this reason; "because it hath such a weight of sense and wisdom in it, as appears too great to be attributed to any man*." And this opinion, of its coming originally from Apollo himself, perhaps was the reason that it was written in golden capitals over the door of his temple at Delphos.
And why this excellent precept should not be held in as high esteem in the Christian world as it was in the heathen, is hard to conceive. Human nature is the same now as it was then: the heart as deceitful; and the necessity of watching, knowing, and keeping it, the same.”

John Mason (1706–1763) English Independent minister and author

A Treatise on Self-Knowledge (1745)

Wisdom , World , Nature , Sense

“Today, in the era of the complete triumph of the spectacle, what can be reaped from the heritage of Debord? It is clear that the spectacle is language, the very communicativity or linguistic being of humans. This means that a fuller Marxian analysis should deal with the fact that capitalism (or any other name one wants to give the process that today dominated world history) was directed not only toward the expropriation of productive activity, but also and principally toward the alienation of language itself, of the very linguistic and communicative nature of humans, of that logos which one of Heraclitus' fragments identified as the Common. The extreme form of this expropriation of the Common is the spectacle, that is, the politics we live in. But this also means that in the spectacle of our own linguistic nature comes back to us inverted. This is why (precisely because what is being expropriated is the very possibility of common good) the violence of the spectacle is so destructive; but for the same reason the spectacle remains something like a positive possibility that can be used against it.”

Giorgio Agamben (1942) Italian philosopher

Source: The Coming Community (1993), Ch. 18 : Shekinah

World , History , Communication , Nature

“Be sceptical, question authority, be a rebel. Do not conform and don’t be ordinary. Remember, all human progress is the result of far-sighted people challenging orthodoxy, tradition and rich, powerful, vested interests. Be daring, show imagination, take risks. Fight against the greatest human rights violation of all: free market capitalism, which has created a world divided into rich and poor, where hundreds of millions of people are malnourished, homeless, without clean drinking water and dying from hunger and preventable diseases. Don’t accept the world as it is. Dream about what the world could be – then help make it happen.”

Peter Tatchell (1952) British gay rights activist

Honorary doctorate acceptance speech, 26 July 2010 http://www.pinknews.co.uk/2010/07/26/be-sceptical-and-daring-peter-tatchells-honorary-doctorate-acceptance-speech/

Hunger , People , World , Disease

“As a poodle may have his hair cut long or his hair cut short, as he may be trimmed with pink ribbons or with blue ribbons, yet he remains the same old poodle, so capitalism may be trimmed with factory laws, tenement laws, divorce laws and gambling laws, but it remains the same old capitalism. These “humanitarian parts” are only trimming the poodle. Socialism, one and inseparable with its “antirent and anticapital parts,” means to get rid of the poodle.”

Daniel De Leon (1852–1914) American newspaper editor

"The Daily People" editorial, "Trimming the Poodle" (November 2, 1908)
Complete online text of "Trimming the Poodle" http://www.marxists.org/archive/deleon/works/1908/081102.htm

Law , Parting

“Schumpter's daring and dashing entrepreneur is now a legendary figure from the distant past - if not from the mythology of capitalism - or is to be found only in the demimonde of business, founding new ice cream parlors or "deep freeze subscription clubs."”

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

Source: The Political Economy Of Growth (1957), Chapter Three, Standstill And Movement Under Monopoly Capitalism, I, p. 77

Business , Distant , Past

“The concept of disease is fast replacing the concept of responsibility. With increasing zeal Americans use and interpret the assertion "I am sick" as equivalent to the assertion "I am not responsible": Smokers say they are not responsible for smoking, drinkers that they are not responsible for drinking, gamblers that they are not responsible for gambling, and mothers who murder their infants that they are not responsible for killing. To prove their point — and to capitalize on their self-destructive and destructive behavior — smokers, drinkers, gamblers, and insanity acquitees are suing tobacco companies, liquor companies, gambling casinos, and physicians.
Can American society survive this legal-psychiatric assault on its moral and political foundations?”

Thomas Szasz (1920–2012) Hungarian psychiatrist

The Untamed Tongue: A Dissenting Dictionary (1990)

Disease , Behavior , Drink

“… when the empire dissolved… the people of Britain suffered from a kind of vertigo: they could not believe that they were standing upright, and reached out for something to clutch. It seemed axiomatic that economically, as well as politically, they must be part of something bigger, though the deduction was as unfounded as the premise. So some cried: 'Revive the Commonwealth'. And others cried: 'Let's go in with America into a North Atlantic Free Trade Area'. Yet others again cried: 'We have to go into Europe: there's no real alternative'. In a sense they were right: there is no alternative grouping. In a more important sense they were wrong: there is no need for joining anything. A Britain which is ready to exchange goods, services and capital as freely as it can with the rest of the world is neither isolated nor isolationist. It is not, in the sneering phrases of Chamberlain's day, 'Little England'… The Community is not a free trade area, which is what Britain, with a correct instinct, tried vainly to convert it into, or combine it into, in 1957-60. For long afterwards indeed many Britons continued to cherish the delusion that it really was a glorified free trade area and would turn out to be nothing more. On the contrary the Community is, what its name declares, a prospective economic unit. But an economic unit is not defined by economics – there are no natural economic units – it is defined by politics. What we call an economic unit is really a political unit viewed in its economic aspect: the unit is political.”

Enoch Powell (1912–1998) British politician

Speech in Frankfurt (29 March 1971), from The Common Market: The Case Against (Elliot Right Way Books, 1971), pp. 76-77.
1970s

People , World , Communication , Nature

“Feudalism, whatever may be said of it otherwise, was at least based on an personal relationship: capitalism, on the other hand, is a relationship of things. The difference in the two is vast; and the difference in the outlook engendered in the community is also vast.”

William Earsman (1884–1965) Australian left-wing activist

The Proletariat and Education: The Necessity for Labor Colleges

Communication , Personality

“It is not size that counts in business. Some companies with $500,000 capital net more profits than other companies with $5 million. Size is a handicap unless efficiency goes with it.”

Herbert N. Casson (1869–1951) Canadian journalist and writer

Herbert N. Casson cited in: Alfred Armand Montapert (1964) Distilled Wisdom. p. 68
1950s and later

Business

“Ah, gentlemen, if we had only been a little more dependent on this capital during the war, perhaps the world would have had different ideas as to how the war must end!”

Gustav Stresemann (1878–1929) German politician, statesman, and Nobel Peace Prize laureate

Speech in the Reichstag (6 June 1924) on foreign loans to Germany, quoted in W. M. Knight-Patterson, Germany. From Defeat to Conquest 1913-1933 (London: George Allen and Unwin, 1945), p. 348
1920s

War , World , Idea , Dependency

“Owing to the incapacity of the higher price-rate to appeal to the "acquisitive sense," it would appear altogether plausible to attempt to do so by utilizing the opposite strategy: by decreasing piece-rates, to force workers to produce more in order to maintain their accustomed earnings. Moreover, two simple observations seem to have held true in the past, as they do today: a lower wage and higher profit are directly related, and all that is paid out in higher wages must imply a corresponding reduction of profits.
Capitalism has been guided by this axiom repeatedly, and even from its beginning, and it has been an article of faith for centuries that lower wages are "productive."”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

In other words, lower wages were believed to enhance worker productivity.
Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 2 : The "Spirit" of Capitalism

Faith , Sense , Appearance , Past

“Do these things for the sake of your country during the war. Do them for the sake of your country after the war. When the smoke of this great conflict has been dissolved in the atmosphere we breathe there will reappear a new Britain. It will be the old country still, but it will be a new country. Its commerce will be new, its trade will be new, its industries will be new. There will be new conditions of life and of toil, for capital and for labour alike, and there will be new relations between both of them and for ever. (Cheers.) But there will be new ideas, there will be a new outlook, there will be a new character in the land. The men and women of this country will be burnt into fine building material for the new Britain in the fiery kilns of the war. It will not merely be the millions of men who, please God! will come back from the battlefield to enjoy the victory which they have won by their bravery—a finer foundation I would not want for the new country, but it will not be merely that—the Britain that is to be will depend also upon what will be done now by the many more millions who remain at home. There are rare epochs in the history of the world when in a few raging years the character, the destiny, of the whole race is determined for unknown ages. This is one. The winter wheat is being sown. It is better, it is surer, it is more bountiful in its harvest than when it is sown in the soft spring time. There are many storms to pass through, there are many frosts to endure, before the land brings forth its green promise. But let us not be weary in well-doing, for in due season we shall reap if we faint not.”

David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

Loud cheers.
Speech in his constituency of Carnavon Boroughs (3 February 1917), quoted in The Times (5 February 1917), p. 12
Prime Minister

Life , Women , Men , God

“While it's impossible to be completely prepared for a downturn of this magnitude, we began priming ourselves for a weakening economy earlier last year. We have implemented strict cost cutting measures across all our operations. We have reduced headcount in individual businesses where appropriate and we've scaled back on capital expenditures. Even in plush times, we have never been a company that tolerates fat. So in times like these, we are better positioned to weather this cycle than our competitors.”

Rupert Murdoch (1931) Australian-American media mogul

About News Corp. 6.4 billion quarterly lost in 2008-09
Source: News Corporation F2Q09 (Qtr End 12/31/08) Earnings Call Transcript http://seekingalpha.com/article/118935-news-corporation-f2q09-qtr-end-12-31-08-earnings-call-transcript?page=-1

Business , Time , Weather