Capitalist Quotes - page 18
The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.
Warren Buffett
Lincoln is, both culturally and in terms of his economic thinking, firmly and immovably located in the center of what we can call liberal democratic thought in the 19th century. He is very much market oriented, with tremendous confidence in the power of a capitalist society to transform for the better, and he believes in opening the possibilities of that society to as many as possible. To him, that's what's coterminous with liberty.
Allen C. Guelzo
We do not yet trust the unknown powers of thought. Whence came all these tools, inventions, book laws, parties, kingdoms Out of the invisible world, through a few brains. The arts and institutions of men are created out of thought. The powers that make the capitalist are metaphysical, the force of method and force of will makes trade, and builds towns.
Ralph Waldo Emerson
Perhaps more striking is the accuracy of many of Marx's best-known qualitative predictions about the tendencies of capitalist development: capitalism continues to conquer the globe; its effect is the gradual erasure of cultural and regional identities; growing economic inequality is the norm in the advanced capitalist societies; where capitalism triumphs, market norms gradually dominate all spheres of life, public and private; class position continues to be the defining determinant of political outlook; the dominant class dominates the political process which, in turn, does its bidding; and so on.
Brian Leiter
For starters, the emerging zero marginal cost economy radically changes our notion of the economic process. The old paradigm of owners and workers, and of sellers and consumers, is beginning to break down. Consumers are becoming their own producers, eliminating the distinction. prosumers will increasingly be able to produce, consume, and share their own goods and services with one another on the Collaborative Commons at diminishing marginal costs approaching zero, bringing to the fore new ways of organizing economic life beyond the traditional capitalist market model.
Jeremy Rifkin
The capitalist era is passing... not quickly, but inevitably. A new economic paradigm-the Collaborative Commons-is rising in its wake that will transform our way of life. We are already witnessing the emergence of a hybrid economy, part capitalist market and part Collaborative Commons. The two economic systems often work in tandem and sometimes compete. They are finding synergies along each other's perimeters, where they can add value to one another, while benefiting themselves. At other times, they are deeply adversarial, each attempting to absorb or replace the other.
Jeremy Rifkin
Today the changes that are generating enormous inequality, progressively destroying "real jobs" with security and benefits, demanding longer and longer hours and at least two incomes per household as prerequisites for a minimally middle-class existence, and depriving people of control over their work even in the professional classes are taking place in the absence of any credible opposition to the free-market dogma that rules the day. On the contrary, the capitalist triumphalists are riding high on a wave of "prosperity" that has enriched a minority of the population while obscuring the long-term slippage of our standard of living and our quality of life.
Ellen Willis
If a 19th century capitalist Machiavelli had wished to cripple the socialist intelligentsia of the 20th century, he could have invented no more cogent weapon than the labour theory of value. Yet this theory was the invention, not of a defender of capitalism, but of its greatest critic: Karl Marx.
Steve Keen
It is impossible to have workers' control within a capitalist society. Capitalism, by its very nature, produces contradictions which cannot be resolved until and unless we change the system of society...The unions could only have class collaboration and compromise with the mixed economy, and those who advanced the theory of workers' control in present-day society were putting forward an intellectual, Utopian dream, idealistic, unworkable and unattainable.
Arthur Scargill
Along the way, I had the opportunity to pass through the dominions of the [http://en.wikipedia.org/wiki/United_Fruit_Company United Fruit], convincing me once again of just how terrible these capitalist octopuses are. I have sworn before a picture of the old and mourned comrade Stalin that I won't rest until I see these capitalist octopuses annihilated.
Che Guevara
In the new-democratic republic under the leadership of the proletariat, the state enterprises will be of a socialist character and will constitute the leading force in the whole national economy, but the republic will neither confiscate capitalist private property in general nor forbid the development of such capitalist production as does not "dominate the livelihood of the people", for China's economy is still very backward.
Mao Zedong
