Capitalism

"The will of the capitalist is certainly to take as much as possible. What we have to do is not to talk about his will, but to enquire about his power, the limits of that power, and the character of those limits."

"Outside, perhaps, of the less than three booming decades that followed World War II, austerity has been the mainstay of capitalism. It has been true throughout history that where capitalism exists, crisis follows. Where austerity has proven wildly effective is in insulating capitalist hierarchies from harm during these moments of would-be social change."

"Despite claims of job creation, and the dominant message that business success helps all of us, the reality is that ultimately market gains, or profit, are contrary to the wellbeing of citizens — as one rises, the other decreases. Our current economic system is coercive, and this is the crucial political reality that mainstream economics hides. Even if we feel something is wrong when we get up in the morning to go to a job that means nothing to us, or when we struggle to find time to rest, such an instinctive realization is suffocated by the societal messages that this is the way it should be. The dissonance between our lived experience of daily economic life — that of alienation and struggle — and our acceptance of it, as if , is something constructed, predominantly by economic models that reinforce our surrender to an economic system that I call the "capital order". This term refers to, first, the concentration of decision making power in the hands of private investors; the second, the invisible subjugation of the majority, who are forced to work for someone else's profit."

"For decades, "experts" have been spreading this numbing story with academic theories spun from the elite circles of the most prestigious universities in the world. By hiding the true nature of the economic system, they atrophy our minds, blocking any possibility of transformative action. But it is possible to escape from capitalism."

"Most people have no alternative but to sell their ability to work for a wage and inevitably be paid less than the value they produce. This is the capital order, the backbone of our society that we do not criticize or even discuss. It is only through the lens of class that we can escape this trap and understand the functioning of our economic system and the policies implemented to govern it."

"The relationship of Israel with the Palestinian territories vividly illustrates how the capitalist wealth of developed nations is built on the subjugation of weaker economies. Some mechanisms of this subjugation appear impersonal, like the imposition of free market policies or fiscal austerity; others are overtly personal, like the colonial confiscation of land. Historically, the two have gone hand in hand. In the case of Israel, the inherent violence of capital accumulation has morphed into something extreme."

"“So what’s wrong with capitalism?” He sighs. For a minute I wonder if maybe he’s a capitalist. But then he says, “It’s not a fair system.” “That’s stupid,” I say. “Things aren’t fair. Only little kids expect things to be fair.”"

"So he starts by asking me what I know about capitalism. “People were rich and there was a lot of corruption and a lot of crime,” I say. “And now we have socialism and people are poor and there’s a lot of corruption and a lot of crime.” He laughs. Anything I say about politics makes him laugh."

"In the absence of Marxism, there is now no critique being carried out of the capitalist enterprise, and it'll peel your skin off and peddle it back to you. It is doing that. Capitalism in principle is not, I think, a bad thing, but it requires endlessly-exploitable natural resources. And since the exploration of space has been taken off the agenda, there is no endlessly-exploitable frontier. So capitalism is going to deal itself out of existence, but before it does that, you're gonna pay $50 for a latte, because inflation is going impoverish all of us before people get pissed off enough to realize that all of the last hundred years of economic progress was actually a shell game to create billionaires, while the great masses of people saw their standard of living eroded and destroyed. You don't have to take psilocybin to figure this stuff out."

"Capitalism has really been responsible for all the progress of the modern age. Better than any other system ever devised, it provides leisure for large numbers of superior men, and so fosters the arts and sciences. No other system ever heard of is so beneficial to invention. Its fundamental desire for gain may be far from glorious per se, but it at least furthers improvement in all the departments of life. We owe to it every innovation that makes life secure and comfortable. Unfortunately, like any other human institution (for example, Holy Church), capitalism tends to run amuck when it is not restrained, and democracy provides inadequate means of keeping it in order. There is never any surety that democracy will throw up leaders competent to discern the true dangers of capitalism and able to remedy them in a prudent and rational manner. Thus we have vacillated between letting it run wild and trying to ruin it. Both courses are hazardous and ineffective, and it is hard to say which is more so.”"

"It is true that the materialistic society, the so-called culture that has evolved under the tender mercies of capitalism, has produced what seems to be the ultimate limit of this worldliness. And nowhere, except perhaps in the analogous society of pagan Rome, has there ever been such a flowering of cheap and petty and disgusting lusts and vanities as in the world of capitalism, where there is no evil that is not fostered and encouraged for the sake of making money. We live in a society whose whole policy is to excite every nerve in the human body and keep it at the highest pitch of artificial tension, to strain every human desire to the limit and to create as many new desires and synthetic passions as possible, in order to cater to them with the products of our factories and printing presses and movie studios and all the rest."

"Whereas many in the global and now movements focus on corporations as key, anarchists see these entities as only one piece of capitalism, and a piece that if removed, wouldn't destroy capitalism—bad as corporations may be. One can have capitalism without corporations. Capitalism's essence—ensuring that society is forged around compulsory social relations along with inequities in power and material conditions—would remain in place. And given capitalism's grow-or-die logic, small-scale capitalism would by definition unfold into a larger scale again. Or as contemporary networked and informational capitalistic structures indicate, allegedly localized capitalism can be a way to hide an increasing concentration of social control and injustice. Capitalism itself, in its totality, and because it strives toward totality, is the root problem. Anarchists, then, look to wholly undo the hegemony of capitalist economic structures and values, or the many components that mark capitalism as a system—from corporations, banks, and private property, to profit, bosses, and wage labor, to alienation and commodification."

"Capitalism has indicated that humans might be able to achieve a society—a world in which everyone has enough of what they need to sustain life. But despite grocery stores and dumpsters overflowing with food, billions of people go hungry; despite labor-saving technologies, most people work more for less; despite breakthroughs in health care, many die needlessly. Meanwhile, consumption has been transformed into a barometer of one's worth, a never-ending quest for happiness via commodity choices. And it's always premised on what one has to exchange for that abundance, or else it's denied."

"When first started to emerge in the early nineteenth century, its machinations were relatively visible. Take, for instance, the enclosures. Pasturelands that had been used in common for centuries to provide villages with their very sustenance were systematically fenced off—enclosed—in order to graze sheep, whose wool was needed for the burgeoning textile industry. Communal life was briskly thrust aside in favor of privatization, forcing people into harsh factories and crowded cities. , as it pushes past the fetters of even nation-states in its insatiable quest for growth, encloses life in a much more expansive yet generally invisible way: fences are replaced by consumer culture. We are raised in an almost totally commodified world where nothing comes for free, even futile attempts to remove oneself from the market economy. This commodification seeps into not only what we eat, wear, or do for fun but also into our language, relationships, and even our very biology and minds. We have lost not only our communities and public spaces but control over our own lives; we have lost the ability to define ourselves outside capitalism’s grip, and thus genuine meaning itself begins to dissolve."

"The German and the Russian systems of socialism have in common the fact that the government has full control of the means of production. It decides what shall be produced and how. It allots to each individual a share of consumer's goods for his consumption….The German pattern differs from the Russian one in that it (seemingly and nominally) maintains private ownership of the means of production and keeps the appearance of ordinary prices, wages, and markets. There are, however, no longer entrepreneurs but only shop managers (Betriebsführer)….The government, not the consumers, directs production. This is socialism in the outward guise of capitalism. Some labels of capitalistic market economy are retained but they mean something entirely different from what they mean in a genuine market economy."

"The first condition for the establishment of perpetual peace is the general adoption of the principles of laissez-faire capitalism."

"All people, however fanatical they may be in their zeal to disparage and to fight capitalism, implicitly pay homage to it by passionately clamoring for the products it turns out."

"The gold standard was the world standard of the age of capitalism, increasing welfare, liberty, and democracy, both political and economic. In the eyes of the free traders its main eminence was precisely the fact that it was an international standard as required by international trade and the transactions of the international money and capital market. It was the medium of exchange by means of which Western industrialism and Western capital had borne Western civilization into the remotest parts of the earth's surface, everywhere destroying the fetters of age-old prejudices and superstitions, sowing the seeds of new life and new well-being, freeing minds and souls, and creating riches unheard of before."

"Pareto, Georges Sorel, Lenin, Hitler, and Mussolini were right in denouncing democracy as a capitalist method. Every step which leads from capitalism toward planning is necessarily a step nearer to absolutism and dictatorship."

"It's quite obvious that when the was still there, it was a bustle between capitalism and communism. Once communism was defeated, then capitalism could expand and show its true self. It's no longer constrained by the need to be nice, so that people will choose their so-called free-market system as opposed to the centrally planned system. So because of that, nowadays there is nothing to restrain capital, and capital is demanding that it should be able to go anywhere and do whatever it likes."

"Capitalism collapses without growth, yet perpetual growth on a finite planet leads inexorably to environmental calamity."

"Bail out the people, not the corporations. Bail out the living world, not its destroyers. Let’s not waste our second chance."

"It is time to say enough, and to rebel and keep rebelling against the innate evil of capitalism, that suffocates the majority and brutally enriches a few."

"Capitalism is a lot more important than democracy. I'm not even a big believer in democracy."

"If we want to save the planet earth, to save life and humanity, we have a duty to put an end to the capitalist system. Unless we put an end to the capitalist system, it is impossible to imagine that there will be equality and justice on this planet earth. This is why I believe that it is important to put an end to the exploitation of human beings and to the pillage of natural resources, to put an end to destructive wars for markets and raw materials, to the plundering of energy, particularly fossil fuels, to the excessive consumption of goods and to the accumulation of waste. The capitalist system only allows us to heap up waste. I would like to propose that the trillions of money earmarked for war should be channelled to make good the damage to the environment, to make reparations to the earth."

"The most obvious negative feature of capitalism is that it can produce private monopolies that restrict output and thereby harm consumers."

"Western society is relapsing at critical points into precivilized modes of thought, feeling, and action because it has acquiesced too easily in the dehumanization of society through capitalist exploitation."

"I have no doubt that the revolution will triumph. The people of the world will prevail, seize power, seize the means of production, wipe out racism, capitalism."

"The capitalist system was and is not a benevolent social force created to best serve the needs of humans through the "marketplace," contrary to the propagandizing that has inundated at least the citizens in the West for a century and a half and that continues in educational systems and mass media today. Indeed, it would be impossible for an egalitarian, beneficial political-economic system to emerge from thousands of years of hypermasculine, violent, oppressive, and war-torn reality. In truth, capitalism, which morphed from the highly oppressive systems of "economic development" of the Eurasian past, simply represents a more sophisticated form of social relations in which the accumulation of wealth continues to result from exploitation, predation and violence."

"What I really believe in, first and foremost, isn't capitalism or globalization. It isn't the systems or regulatory codes that achieve all we see around us in the way of prosperity, innovation, community, and culture. Those things are created by people. What I believe in is man's capacity for achieving great things, and the combined force that results from our interactions and exchanges. I plead for greater liberty and a more open world, not because I believe on system happens to be more efficient than another, but because those things provide a setting that unleashes individual creativity as no other system can. They spur the dynamism that has led to human, economic, scientific, and technical advances. Believing in capitalism does not mean believing in growth, the economy, or efficiency. Desirable as they may be, those are only the results. At its core, belief in capitalism is belief in mankind."

"Twenty years ago I wrote a book in defence of global capitalism. I never thought I would do that. Capitalism, I had thought, was all about greedy monopolists and mighty landlords. But then I began to study the world and realized that it was in the least market-based societies that such elites were protected from the free choice of citizens and therefore had the greatest power. Paradoxically, it was capitalism – in the form of free markets and voluntary agreements based on private ownership – that threatened the powerful. The argument for capitalism is not that capitalists always behave well – if that were the case, we could safely give them monopoly power – but that they often do not behave well unless they have to. And it is freedom of choice and competition that force their hands."

"In fact, Marx and Engels were right when they observed in that other manifesto, the communist one of 1848, that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined and, with infinitely improved communications and accessible goods, free markets had torn down feudal structures and national narrow-mindedness. Marx and Engels realized much better than socialists today that the free market is a formidable progressive force. (Unfortunately, they were not sufficiently dialectically minded to understand that communism was a reactionary counterforce that would bring societies back to a kind of electrified feudalism.) A century and a half later, global capitalism made it possible for ever more people to free themselves from lords and monopolies. The growth of markets gave them the opportunity to choose, to bargain and to say no for the first time. Free trade gave them cheaper goods, new technologies and access to consumers in other countries. It lifted millions and millions from hunger and poverty."

"In capitalism, your narrowest interests are advanced by cooperation. A genius system."

"Blake was not a politician, but there is more understanding of the nature of capitalist society in a poem like "I wander through each charter'd street" than in three-quarters of Socialist literature."

"Capitalism is an art form."

"Every day in our neighborhood there were whole apartments, beds, bureaus, kitchen tables out on the street. We understood that this was because of capitalism, which didn't care that working people had no work and no money for rent."

"The essence of capitalism is to turn nature into commodities and commodities into capital. The live green earth is transformed into dead gold bricks, with luxury items for the few and toxic slag heaps for the many. The glittering mansion overlooks a vast sprawl of shanty towns, wherein a desperate, demoralized humanity is kept in line with drugs, television, and armed force."

"Just as in the 1930s, world capitalism, as it had existed until then, had reached a dead-end, and the need for it to be altered for the sake of preserving the system itself, was emphasised by many perceptive bourgeois thinkers, exactly in a similar manner contemporary world capitalism too has reached a dead-end and cannot continue as before. [...] Any change in capitalism, however, including a revival of the so-called "" of the post-War period, will entail a loosening of the hegemony of international finance capital and hence will face stiff opposition from it. The fact that the need for such change is clear to bourgeois thinkers, does not mean that finance capital will simply voluntarily make a sacrifice of the hegemony it currently enjoys. Indeed the history of the 1930s itself bears witness to this fact. [...] Boosting for overcoming mass unemployment finally got accepted as government policy only after the war when the weight of the working class in the advanced countries became much greater than before (of which the victory of the Labour Party in the British post-war elections and the vastly increased strength of the and Italy were obvious markers), and when the came right up to the very doorsteps of creating fears of a “communist takeover”. This conjuncture finally forced concessions from finance capital that had been unobtainable till then. Finance capital, in other words, does not voluntarily make concessions even when such concessions are seen by major pro-capitalist thinkers as being essential for the preservation of the system itself."

"It is real-life class struggle, informed no doubt by ideas, that ultimately determines which way the world will move. Hence even for altering contemporary capitalism in the direction of the so-called “welfare capitalism” of yore, it would be essential to have the working class fighting for such an agenda. But when it does so, and when international finance capital resists such an agenda, we would be in the thick of class struggle. Time alone will tell whether this struggle would remain merely at the level of achieving a revival of “welfare capitalism” or whether it would go beyond capitalism altogether towards a socialist alternative. Once class struggle, for changing the system in its present form, acquires momentum, its outcome would depend on praxis and may not necessarily remain bounded within the system itself."

"When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first, capitalism automatically generates arbitrary and unsustainable inequalities that radically undermine the meritocratic values on which democratic societies are based."

"The moment that the Chinese scientists and doctors announced that the coronavirus could be transmitted between human beings on Jan. 20, 2020, the socialist governments went into action to monitor ports of entry and to test and trace key parts of the population. They set up task forces and procedures to immediately make sure that the infection would not go out of control amongst their people... in stark contrast to governments in the United States, the United Kingdom, Brazil, India, and other capitalist states, where there has been a hallucinatory attitude towards the Chinese government and the WHO. There is no comparison between the stance of Vietnam’s Prime Minister Nguyễn Xuân Phúc and U.S. President Donald Trump: the former had a sober, science-based attitude, while the latter has consistently laughed off the coronavirus as a simple flu as recently as June 24."

"You don't need to be a statistician or an economist to be able to read the basic facts in the world today: the dominant classes and the corporations that they control extract surplus profits from the wealth produced by society, while billions of human beings who work to produce that wealth find themselves treated as if they are surplus humanity. This immense social divide, a widening gap across the class structure, can be observed in almost every single country in the world. This gap is not the result of any natural development, let alone of the magical phrase 'the Market'. This chasm across human society is produced and reproduced solely because of the civilizational system that privileges the private property of the few above the social needs of the many. That system is known as capitalism, a dynamic social process that - through inter-capitalist competition, through advancements in science and technology - has led to the vast increases in productivity but at the same time - because of private property - to immense social inequality. This double movement of capitalism, which generates enormous social wealth and enormous social inequality, both confounds humanity and provides immense potential for solutions to our great dilemmas - solutions that we call socialism."

"What they have to discover, what all the efforts of capitalism's enemies are frantically aimed at hiding, is the fact that capitalism is not merely the 'practical,' but the only moral system in history."

"In America, we debate everything except Capitalism. If there's an institution in your society that' above criticism, you're giving it a free pass to indulge all of its weaknesses and darker tendencies."

"When I say capitalism, I mean a full, pure, uncontrolled, unregulated laissez faire capitalism, with a separation of state and economics, in the same way and for the same reasons as the separation of state and church."

"Capitalism is a social system based on the recognition of individual rights, including property rights, in which all property is privately owned."

"In a capitalist society, all human relationships are voluntary. Men are free to cooperate or not, to deal with one another or not, as their own individual judgments, convictions and interests dictate."

"Businessmen are the one group that distinguishes capitalism and the American way of life from the totalitarian statism that is swallowing the rest of the world. All the other social groups — workers, farmers, professional men, scientists, soldiers — exist under dictatorships, even though they exist in chains, in terror, in misery, and in progressive self-destruction. But there is no such group as businessmen under a dictatorship. Their place is taken by armed thugs: by bureaucrats and commissars. Businessmen are the symbol of a free society — the symbol of America."

"Capitalism is organised crime, and we are all its victims."

"Goebbels saw the ultimate enemy as international capitalism, and those who held power in Germany as its lackey, betraying their nation for personal gain. These were the traditional targets of the Communists, of course, so the Nazis and the KPD, the Communist Party of Germany, were in direct competition for the same constituency, two rabid dogs fighting for one bone… And Goebbels, who has so recently been happy to describe himself as a ‘German Communist’ led the fight with all the intensity of a religious convert."