Quotes about capitalism
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Thomas Jefferson photo
Jordan Sonnenblick photo
John Maynard Keynes photo
Albert Einstein photo
Mark Z. Danielewski photo
Upton Sinclair photo
George Carlin photo
John F. Kennedy photo
Douglas Adams photo
Charles Bukowski photo

“Capitalism has survived communism. Now, it eats away at itself.”

Charles Bukowski (1920–1994) American writer

Source: The Captain is Out to Lunch and the Sailors Have Taken Over the Ship

Michael J. Fox photo

“You suffer the blow, but you capitalize on the opportunity left in its wake.”

Michael J. Fox (1961) Canadian-American actor

Source: Always Looking Up: The Adventures of an Incurable Optimist

Naomi Klein photo
Martin Luther King, Jr. photo

“We all too often have socialism for the rich and rugged free market capitalism for the poor.”

Martin Luther King, Jr. (1929–1968) American clergyman, activist, and leader in the American Civil Rights Movement
John Maynard Keynes photo
Upton Sinclair photo

“Fascism is capitalism plus murder.”

Upton Sinclair (1878–1968) American novelist, writer, journalist, political activist

Presidential Agent II (1944), ISBN 1-93131-318-0
Variant: Fascism is capitalism plus murder.

Robert A. Heinlein photo
Tony Hoagland photo
Arthur Schopenhauer photo
Oswald Spengler photo

“Socialism is nothing but the capitalism of the lower classes.”

Oswald Spengler (1880–1936) German historian and philosopher

Source: The Hour of Decision

David Foster Wallace photo
Dan Savage photo

“The truly revolutionary promise of our nation's founding document is the freedom to pursue happiness-with-a-capital-H.”

Dan Savage (1964) American sex advice columnist and gay rights campaigner

Source: Skipping Towards Gomorrah: The Seven Deadly Sins and the Pursuit of Happiness in America

John Kenneth Galbraith photo

“Under capitalism, man exploits man; while under socialism just the reverse is true.”

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

Source: A Life in Our Times

Louisa May Alcott photo
Gary Shteyngart photo
Shane Claiborne photo
David Foster Wallace photo

“Not that that mystical stuff's necessarily true: The only thing that's capital-T true is that you get to decide how you're going to try to see it.”

David Foster Wallace (1962–2008) American fiction writer and essayist

Source: This Is Water: Some Thoughts, Delivered on a Significant Occasion, about Living a Compassionate Life

Anthony Giddens photo

“This situation [alienation] can therefore [according to Durkheim] be remedied by providing the individual with a moral awareness of the social importance of his particular role in the division of labour. He is then no longer an alienated automaton. but is a useful part of an organic whole: ‘from that time, as special and uniform as his activity may be, it is that of an intelligent being, for it has direction, and he is aware of it.’ This is entirely consistent with Durkheim’s general account of the growth of the division of labour, and its relationship to human freedom. It is only through moral acceptance in his particular role in the division of labour that the individual is able to achieve a high degree of autonomy as a self-conscious being, and can escape both the tyranny of rigid moral conformity demanded in undifferentiated societies on the one hand and the tyranny of unrealisable desires on the other.
Not the moral integration of the individual within a differentiated division of labour but the effective dissolution of the division of labour as an organising principle of human social intercourse, is the premise of Marx’s conception. Marx nowhere specifies in detail how this future society would be organised socially, but, at any rate,. this perspective differs decisively from that of Durkheim. The vision of a highly differentiated division of labour integrated upon the basis of moral norms of individual obligation and corporate solidarity. is quite at variance with Marx’s anticipation of the future form of society.
According to Durkheim’s standpoint. the criteria underlying Marx’s hopes for the elimination of technological alienation represent a reversion to moral principles which are no longer appropriate to the modern form of society. This is exactly the problem which Durkheim poses at the opening of The Division of Labour: ‘Is it our duty to seek to become a thorough and complete human being. one quite sufficient unto himself; or, on the contrary, to be only a part of a whole, the organ of an organism?’ The analysis contained in the work, in Durkheim’s view, demonstrates conclusively that organic solidarity is the ‘normal’ type in modern societies, and consequently that the era of the ‘universal man’ is finished. The latter ideal, which predominated up to the seventeenth and eighteenth centuries in western Europe is incompatible with the diversity of the contemporary order. In preserving this ideal. by contrast. Marx argues the obverse: that the tendencies which are leading to the destruction of capitalism are themselves capable of effecting a recovery of the ‘universal’ properties of man. which are shared by every individual.”

Anthony Giddens (1938) British sociologist

Source: Capitalism and Modern Social Theory (1971), pp. 230-231.

“Capitalism: Nothing so mean could be right. Greed is the ugliest of the capital sins.”

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

Mark Latham photo
Douglas Coupland photo
Jean-Claude Juncker photo

“We feel we need a Capital Market Union, Energy Union, Economic and Monetary Union but we also think we need security union”

Jean-Claude Juncker (1954) Luxembourgian politician

After the 2016 Brussels bombings. http://www.politico.eu/article/jean-claude-juncker-eu-needs-a-security-union-brussels-attacks/ (23 March, 2016)
2016

Kenneth Griffin photo

“We're subject to the same forces of capitalism that have built the entire American economy. Strong returns induce more capital flow, which creates more competitors, and you have to evolve and get better, or you die.”

Kenneth Griffin (1968) American hedge fund manager

"Citadel Boss Won't Be Hedging On Day Job," Chicago Tribune (March 2006) http://www.healthdecisions.org/StopLossReinsurance/News/default.aspx?doc_id=58379
On competition among hedge funds.

Ted Budd photo
Phillip Blond photo
Anthony Giddens photo
Lewis H. Lapham photo

“At this late stage in the history of American capitalism I'm not sure I know how much testimony still needs to be presented to establish the relation between profit and theft.”

Lewis H. Lapham (1935) American journalist

Source: Money And Class In America (1989), Chapter 4, The Romance of Crime, p. 87

Ken Livingstone photo

“The American agenda is sweeping everything before it, and although it's not perfect, the EU is better on environmental issues. It's a less rapacious form of capitalism.”

Ken Livingstone (1945) Mayor of London between 2000 and 2008

As quoted in "Livingstone says Bush is `greatest threat to life on planet'" by Nigel Morris, in The Independent (18 November 2003), p. 5.

John Kenneth Galbraith photo
A. James Gregor photo
Amartya Sen photo
Constantius II photo
Hugo Chávez photo

“But in the judgments they exercise they are most accurate and just, nor do they pass sentence by the votes of a court that is fewer than a hundred. And as to what is once determined by that number, it is unalterable. What they most of all honor, after God himself, is the name of their legislator [Moses], whom if any one blaspheme he is punished capitally. They also think it a good thing to obey their elders, and the major part. Accordingly, if ten of them be sitting together, no one of them will speak while the other nine are against it. They also avoid spitting in the midst of them, or on the right side. Moreover, they are stricter than any other of the Jews in resting from their labors on the seventh day; for they not only get their food ready the day before, that they may not be obliged to kindle a fire on that day, but they will not remove any vessel out of its place, nor go to stool thereon. Nay, on other days they dig a small pit, a foot deep, with a paddle (which kind of hatchet is given them when they are first admitted among them); and covering themselves round with their garment, that they may not affront the Divine rays of light, they ease themselves into that pit, after which they put the earth that was dug out again into the pit; and even this they do only in the more lonely places, which they choose out for this purpose; and although this easement of the body be natural, yet it is a rule with them to wash themselves after it, as if it were a defilement to them.”

Jewish War

Richard Pipes photo
David Bohm photo
Tom Stoppard photo
Milton Friedman photo
Terry Eagleton photo

“It is capitalism, not Marxism, that trades in futures.”

Terry Eagleton (1943) British writer, academic and educator

Source: 2010s, Why Marx Was Right (2011), Chapter 4, p. 65

David Fleming photo
John Ralston Saul photo
Joan Robinson photo
Jean-François Revel photo
John Ashcroft photo
Reuven Rivlin photo
Ilana Mercer photo

“Demographics need not be destiny. The West became the best not by out-breeding the undeveloped world… but because of human capital; people of superior ideas and abilities, capable of innovation, exploration, science, philosophy.”

Ilana Mercer South African writer

“The ‘We Need To Have A Conversation’ Malarkey,” http://thelibertarianalliance.com/2015/03/30/the-we-need-to-have-a-conversation-malarkey/ The Libertarian Alliance, March 30, 2015.
2010s, 2015
Variant: Demographics need not be destiny. The waning West became what it is not by out-breeding the undeveloped world. We were once great not because of huge numbers, but due to human capital — people of superior ideas and abilities, capable of innovation, exploration, science, philosophy.

“The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.”

Robert Gilpin (1930–2018) Political scientist

Source: The Political Economy of International Relations (1987), Chapter Six, Multinational Corporations, p. 260

Angela Davis photo
Kent Hovind photo

“American capitalism has helped finance the communist take over of the world. Somebody is going to answer to God for this.”

Kent Hovind (1953) American young Earth creationist

Unmasking the False Religion of Evolution (1996)

A. James Gregor photo
Norman G. Finkelstein photo
Paul Mason (journalist) photo
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Angela Davis photo
Thomas Jefferson photo

“The art and mystery of banks… is established on the principle that 'private debts are a public blessing.' That the evidences of those private debts, called bank notes, become active capital, and aliment the whole commerce, manufactures, and agriculture of the United States. Here are a set of people, for instance, who have bestowed on us the great blessing of running in our debt about two hundred millions of dollars, without our knowing who they are, where they are, or what property they have to pay this debt when called on; nay, who have made us so sensible of the blessings of letting them run in our debt, that we have exempted them by law from the repayment of these debts beyond a give proportion (generally estimated at one-third). And to fill up the measure of blessing, instead of paying, they receive an interest on what they owe from those to whom they owe; for all the notes, or evidences of what they owe, which we see in circulation, have been lent to somebody on an interest which is levied again on us through the medium of commerce. And they are so ready still to deal out their liberalities to us, that they are now willing to let themselves run in our debt ninety millions more, on our paying them the same premium of six or eight per cent interest, and on the same legal exemption from the repayment of more than thirty millions of the debt, when it shall be called for.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:420
1810s, Letters to John Wayles Eppes (1813)

“According to a stagist conception of progressive history (which is usually blind to its implicit teleology), the work of figures like Foucault, Derrida and other cutting-edge French theorists is often intuitively affiliated with a form of profound and sophisticated critique that presumably far surpasses anything found in the socialist, Marxist or anarchist traditions. It is certainly true and merits emphasis that the Anglophone reception of French theory, as John McCumber has aptly pointed out, had important political implications as a pole of resistance to the false political neutrality, the safe technicalities of logic and language, or the direct ideological conformism operative in the McCarthy-supported traditions of Anglo-American philosophy. However, the theoretical practices of figures who turned their back on what Cornelius Castoriadis called the tradition of radical critique—meaning anti-capitalist and anti-imperialist resistance—surely contributed to the ideological drift away from transformative politics. According to the spy agency itself, post-Marxist French theory directly contributed to the CIA’s cultural program of coaxing the left toward the right, while discrediting anti-imperialism and anti-capitalism, thereby creating an intellectual environment in which their imperial projects could be pursued unhindered by serious critical scrutiny from the intelligentsia.”

Gabriel Rockhill (1972) philosopher

"The CIA reads French Theory: On the Intellectual Labor of Dismantling the Cultural Left" (2017)

David Gerrold photo
Georges Sorel photo
Henrik Ibsen photo
Robert Ley photo

“Workers of all lands, unite — to smash the rule of English capitalism! You young upward-striving nations of the earth, combine to annihilate the old English dragon who blocks the treasures of the earth and withholds from you the riches of the world.”

Robert Ley (1890–1945) Nazi politician

Quoted in Metapolitics: From Wagner and the German Romantics to Hitler - Page 140 by Peter Robert Edwin Viereck, Peter Viereck - Political Science - 2004

“For it is no railways, roads, and power stations that give rise to industrial capitalism: it is the emergence of industrial capitalism that leads to the building of railways, to the construction of roads, and to the establishment of power stations.”

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

Source: The Political Economy Of Growth (1957), Chapter Six, Towards A Morphology Of Backwardness, I, p. 193

David Harvey photo

“The accumulation of capital involves the the expansion of value over time.”

David Harvey (1935) British anthropologist

Source: The Limits To Capital (2006 VERSO Edition), Chapter 11, Theory Of Rent, p. 338

Kurt Student photo
Chauncey Depew photo
Peter Kropotkin photo
Frederick Douglass photo

“It was once said by Abraham Lincoln that this Republic could not long endure half slave and half free; and the same may be said with even more truth of the black citizens of this country. They cannot remain half slave and half free. They must be one thing or the other. And this brings me to consider the alternative now presented between slavery and freedom in this country. From my outlook, I am free to affirm that I see nothing for the negro of the South but a condition of absolute freedom, or of absolute slavery. I see no half-way place for him. One or the other of these conditions is to solve the so-called negro problem. There are forces at work in both of these directions, and for the present that which aims at the re-enslavement of the negro seems to have the advantage. Let it be remembered that the labor of the negro is his only capital. Take this from him, and he dies from starvation. The present mode of obtaining his labor in the South gives the old master-class a complete mastery over him. I showed this in my last annual celebration address, and I need not go into it here. The payment of the negro by orders on stores, where the storekeeper controls price, quality, and quantity, and is subject to no competition, so that the negro must buy there and nowhere else–an arrangement by which the negro never has a dollar to lay by, and can be kept in debt to his employer, year in and year out–puts him completely at the mercy of the old master-class. He who could say to the negro, when a slave, you shall work for me or be whipped to death, can now say to him with equal emphasis, you shall work for me, or I will starve you to death… This is the plain, matter-of-fact, and unexaggerated condition of the plantation negro in the Southern States today.”

Frederick Douglass (1818–1895) American social reformer, orator, writer and statesman

Speech http://teachingamericanhistory.org/library/document/the-nations-problem/

David Morrison photo
Karol Cariola photo

“Education in Chile has been modeled as a "consumer good" and this was accepted with much resignation by a broad layer of society for many years, they believed that education and health were to be treated like any other topic…. For this reason we cannot fail to recognize the intervention that the student movement made on the consciousness of thousands of Chileans who today are dissatisfied with the reality of today's education model, to whom a change of the outdated constitution makes sense, who understand the need to reform the taxation system, who no longer put up with the overexploitation of our natural resources, to benefit foreign capital, i. e. Chile awoke and once again came to believe in the possibility of building a different country. One which is more just, a country where education and health are guaranteed, a country where workers have dignified working conditions, where young people are not exploited nor ill-treated in their work-place, where women are integrated with rights and equal opportunities, a country where the environment is protected, where natural resources are exploited to improve the living condition of its people, a country were culture develops freely, where there is access to literature, a country where children don't suffer discrimination because they don't have any money, a country where a walk down your street doesn't mean constant fear of being assaulted, a country where the most disadvantaged youth don't have to resort to drugs or delinquency to give sense to their lives, a country where grandparents are not made to feel as burdens, a country where the development of knowledge becomes a task of society as a whole, where advances in science are placed at the service of the people. We are once again beginning to dream of this beautiful country …because we are not the same that we were a year ago, hope has resurfaced despite the elaborate effort of those who foster neoliberal ideology and who are trying to eternalize capitalism in a process of permanent auto-reproduction, excluding all possibility of a social revolution.”

Karol Cariola (1987) Chilean politician

Ser un joven comunista, por Karol Cariola, La Jota de Ingenieria, November 2011, 2013-10-03 http://www.jotainjenieria.cl/ser-un-joven-comunista-por-karol-cariola, Ser un joven comunista, por Karol Cariola, Oceansur.com, November 2011, 2013-10-03 http://www.oceansur.com/media/uploads/documents/files/prologo-karol.pdf,
Original: La educación en Chile ha sido modelada como un “bien de consumo”, hecho que fue aceptado por un amplio sector de la sociedad, con mucha resignación durante años, ellos creyeron que la Educación y la Salud debían ser tratados como cualquier otro tema.... Por esto no podemos dejar de reconocer el gran acierto del movimiento estudiantil al intervenir en las conciencias de miles de chilenos que hoy , ya no se conforman con la realidad del actual modelo de educación, que le hace sentido el cambio de esta añeja constitución, que entendieron necesaria una reforma tributaria, que ya no aguantan la sobre explotación de nuestros recursos naturales en beneficio de capitales extranjeros, es decir, Chile despertó y volvió a creer en la posibilidad de construir un país distinto, un país más justo, un país donde la educación y la salud estén garantizadas, un país donde los trabajadores tengan condiciones laborales dignas, donde los jóvenes no sean explotados ni mal tratados en su fuente laboral, donde las mujeres sean integradas con igualdad de derechos y oportunidades, un país donde se proteja el medio ambiente, en que los recursos naturales sean explotados para mejorar las condiciones de su pueblo, un país donde la cultura se desarrolle libremente, un país en el que haya acceso a la literatura, un país donde los niños no sufran la discriminación desde que nacen por no tener dinero, un país donde caminar por las calles no sean un temor constante de ser asaltados, un país donde los jóvenes más desposeídos no tengan que recurrir a las drogas y la delincuencia para dar sentido a sus vidas, un país donde los abuelos no se sientan un estorbo, un país donde el desarrollo del conocimiento sea una tarea de la sociedad en su conjunto, un país donde el avance de la ciencia se ponga al servicio del pueblo, ese hermoso país es el que hoy estamos volviendo a soñar, porque con emoción lo vuelvo a mencionar, Chile está cambiando, hoy no somos los mismos que hace un año atrás, las esperanzas han resurgido a pesar del esmero de aquellos que propician la ideología neoliberal y que pretenden eternizar el capitalismo en un proceso de auto reproducción permanente, excluyendo toda posibilidad de una revolución social.

Amir Taheri photo
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Margaret Thatcher photo
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Max Weber photo

“This naive manner of conceptualizing capitalism by reference to a “pursuit of gain” must be relegated to the kindergarten of cultural history methodology and abandoned once and for all. A fully unconstrained compulsion to acquire goods cannot be understood as synonymous with capitalism, and even less as its “spirit.” On the contrary, capitalism can be identical with the taming of this irrational motivation, or at least with its rational tempering. Nonetheless, capitalism is distinguished by the striving for profit, indeed, profit is pursued in a rational, continuous manner in companies and firms, and then pursued again and again, as is profitability. There are no choices. If the entire economy is organized according to the rules of the open market, any company that fails to orient its activities toward the chance of attaining profit is condemned to bankruptcy.
Let us begin by defining terms in a manner more precise than often occurs. For us, a "capitalist" economic act involves first of all an expectation of profit based on the utilization of opportunities for exchange; that is of (formally) peaceful opportunities for acquisition. Formal and actual acquisition through violence follows its own special laws and hence should best be placed, as much as one may recommend doing so, in a different category. Wherever capitalist acquisition is rationally pursued, action is oriented to calculation in terms of capital. What does this mean?”

Max Weber (1864–1920) German sociologist, philosopher, and political economist

Prefatory Remarks to Collected Essays in the Sociology of Religion (1920)

David Ricardo photo

“There can be no greater error then in supposing that capital is increased by non-consumption.”

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

Source: The Principles of Political Economy and Taxation (1821) (Third Edition), Chapter VIII, On Taxes, Foot note 1, p. 94

Khalid A. Al-Falih photo
Amartya Sen photo
Jahangir photo

“When Jahangir learnt that the Hindus and Muslims intermarried freely in Kashmir, “and both give and take girls, (he ordered that) taking them is good but giving them, God forbid”. And any violation of this order was to be visited with capital punishment.”

Jahangir (1569–1627) 4th Mughal Emperor

Tuzuk-i-Jahangiri, II, p. 181. quoted from Lal, K. S. (1992). The legacy of Muslim rule in India. New Delhi: Aditya Prakashan. Chapter 8