Quotes about capitalism

In its literal meaning, capitalism means rule by capital, more specifically rule by the owners of capital for their exclusive private benefit.

In principle, we have a variety of important rights under the law. But we also know just how much these mean, in practice, to people who are unable to purchase them. We have the right of free expression, though some can shout louder than others, by reason of power, wealth, and privilege. We can defend our legal rights through the courts — insofar as we understand these rights and can afford the costs. All of this is obvious and hardly worth extended comment. In a perfectly functioning capitalist democracy, with no illegitimate abuse of power, freedom will be in effect a commodity; effectively, a person will have as much of it as he can buy.

I have on occasion remarked that I felt confident that I could persuade a millionaire on a Friday to subsidize a revolution for Saturday out of which he would make a huge profit on Sunday even though he was certain to be executed on Monday.

Those who claim a natural link between capitalism and democracy are cheating with the facts in the same way the Catholic Church cheats when it presents itself as the "natural"advocate of democracy and human rights against the threat of totalitarianism - as if it were not the case that the Church accepted democracy only at the end of the nineteenth century, and even then with clenched teeth, as a desperate compromise, making it clear that it preferred monarchy, and that it was making a reluctant concession to new times.

As Bertolt Brecht puts in his Threepenny Opera: ''What is the robbery of a bank compared to the foundation of a new bank?'

The signal failure of the academic Marxists is in their obliviousness to the transformation of modern labor. In the age of mass media, power has shifted its meaning and loci. Capitalism, whatever its problems, remains the most efficient economic mechanism yet to bring the highest quality of life to the greatest number. Because I have studied the past, I know that, in America and under capitalism, I am the freest woman in history. Union blue-collar jobs now routinely pay higher salaries than are earned by most teachers. Physical labor, as a concrete skill occupation, is free of the soul-destroying office politics suffers by the Marxists' demonized managerial class, who take their jobs home with them and are in a continual funk of anxiety and neurosis. … Unharried weekend leisure time is the center of working-class American life in ways the academic Marxists, resentfully marking papers and endlessly pressed for time, simply don't see.

The capitalist distribution network, a complex chain of factory, transport, warehouse and retail outlet, is one of the greatest male accomplishments in the history of culture.

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

Capitalism, gaudy and greedy, has been inherent in western aesthetics from ancient Egypt on. It is the mysticism and glamour of things, which take on a personality of their own. As an economic system, it is in the Darwinian line of Sade, not Rousseau.

Capitalism is an art form.

this new class seeks to reduce the American working class to the levels of this global serfdom. After all, anything that drains corporate coffers is a loss of freedom--the God-given American freedom to exploit other human beings to make money. The marriage of this gospel of prosperity with raw, global capitalism, and the flaunting of the wealth and privilege it brings, are supposedly blessed and championed by Jesus Christ. Compassion is regulated to private, individual acts of charity or left to the churches. The callousness of the ideology, the notion that it in any way reflects the message of the gospels, which were preoccupied with the poor and the outcasts, illustrates how the new class has twisted Christian scripture to serve America's god of capitalism and discredited the Enlightenment values we once prized. (p133)

Hope will come with the return of the language of class conflict and rebellion, language that has been purged from the lexicon of the liberal class. This does not mean we have to agree with Karl Marx, who advocated violence and whose worship of the state as a utopian mechanism led to another form of working class enslavement, but we have to learn again to speak in the vocabulary Marx employed. We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power.