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April 10, 2026
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"Capitalism across the world still relies heavily on the idea of different categories of menâs work and womenâs work, in which âwomenâs workâ (such as housework, child-rearing and emotional labour) is either poorly paid or not paid at all. In order for this categorization to function, it needs to rest on a clear idea of how to divide men and women. Capitalism also requires a certain level of unemployment to function. If there were enough work to go round, no worker would worry about losing their job, and all workers could demand higher wages and better conditions. The ever-present spectre of unemployment, on the other hand, enables employers to dictate conditions. Equally, in times of severe crisis this âreserve armyâ of unemployed people can be called into employment as and when the economy requires it. This system of deliberate unemployment needs ways to mark who will work and who will be left unemployed. In our society this is principally achieved through race, class, gender and disability."
"Capital is money, but money as a process, which reproduces and increases its value. Capital arises only when the owner of the means of production finds workers on the market as sellers of their own labor power. Capitalism developed as the form of private property that shifted from the rural agricultural style to the urban, factory style of labor. Capitalism centralizes the instruments of production and brings individuals closely alongside of others in a disciplined work force. Capitalism is industrialized commodity production, which makes goods for profit, not for social needs. This is a special distinction of capital and capital alone. We may understand Capitalism and the basis of our observations, as Capital endowed with will and consciousness. That is, as those people who acquire capital, and function as an elite, moneyed class with enough national and political power to rule society. Further, that accumulated capital is money, and with money they control the means of production that is defined as the mills, mines, factories, land, water, energy and other natural resources, and the rich know that this is their property. They donât need ideological pretensions, and are under no illusions about â.â"
"The institution of Capitalist property, moreover, permits a minority of the population to control and to regulate access to, and the use of all socially produced wealth and natural resources. You have to pay for the land, water, and the fresh air to some giant utility company or real estate firm. This controlling group may be a separate economic class or the State itself, but in either case the institution of property leads to a set of social and economic relations, Capitalism, in which a small sector of society reaps enormous benefits and privileges at the expense of the laboring minority. The Capitalist economy is based, not upon fulfilling the needs of everyone, but on amassing profit for a few."
"The capitalists soon had everything in their hands and nothing remained to the workers."
"The owner of the means of production is in a position to purchase the labor power of the worker. By using the means of production, the worker produces new goods which become the property of the capitalist. The essential point about this process is the relation between what the worker produces and what he is paid, both measured in terms of real value. Insofar as the labor contract is âfree,â what the worker receives is determined not by the real value of the goods he produces, but by his minimum needs and by the capitalistsâ requirements for labor power in relation to the number of workers competing for jobs. It is important to understand that even in theory the payment of the worker is not determined by the value of his product."
"The profit motive, in conjunction with competition among capitalists, is responsible for an instability in the accumulation and utilization of capital which leads to increasingly severe depressions. Unlimited competition leads to a huge waste of labor, and to that crippling of the of individuals. ... This crippling of individuals I consider the worst evil of capitalism. Our whole educational system suffers from this evil. An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career."
"Clarity about the aims and problems of socialism is of greatest significance in our age of transition. Since, under present circumstances, free and unhindered discussion of these problems has come under a powerful taboo"
"The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil. We see before us a huge community of producers the members of which are unceasingly striving to deprive each other of the fruits of their collective labour â not by force, but on the whole in faithful compliance with legally established rules. ... I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals..."
"Under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information (press, radio, education). It is thus extremely difficult, and indeed in most cases quite impossible, for the individual citizen to come to objective conclusions and to make intelligent use of his political rights."
"Private capital tends to become concentrated in few hands, partly because of competition among the capitalists, and partly because technological development and the increasing division of labor encourage the formation of larger units of production at the expense of smaller ones. The result of these developments is an oligarchy of private capital the enormous power of which cannot be effectively checked even by a democratically organized political society because under existing conditions, private capitalists inevitably control, directly or indirectly, the main sources of information. This is true since the members of legislative bodies are selected by political parties, largely financed or otherwise influenced by private capitalists"
"We face a probable future of nuclear-armed states warring over a scarcity of resources; and that scarcity is largely the consequence of capitalism itself. For the first time in history, our prevailing form of life has the power not simply to breed racism and spread cultural cretinism, drive us into war or herd us into labour camps, but to wipe us from the planet. Capitalism will behave antisocially if it is profitable for it to do so, and that can now mean human devastation on an unimaginable scale. What used to be apocalyptic fantasy is today no more than sober realism. The traditional leftist slogan "Socialism or barbarism" was never more grimly apposite."
"[P]rofits are so completely subordinated in [[Nazi Germany|[Nazi] Germany]] and [[w:Fascist Italy|[Fascist] Italy]] to requirements of a militarily conceived national interest and of full employment that the maintenance of the profit principle is purely theoretical. Profits have lost their autonomy as an independent, not to say the supreme, goal of economic activity."
"As for the explanation that fascism is a last desperate attempt of capitalism to delay the socialist revolution, it simply is not true. It is not true that âbig businessâ promoted fascism. On the contrary, both in Italy and in Germany the proportion of fascist sympathizers and backers was smallest in the industrial and financial classes. It is equally untrue that âbig businessâ profits from fascism; of all the classes it probably suffers most from totalitarian economics and Wehrwirtschaft."
"Hey Gorby, did you hear this quote ... "Communism is the most painful path between capitalism and capitalism.""
"While the balance of class power remains heavily tilted in favour of capital in its homelands, the balance of international power is tilting markedly away from capitalism, driving all outside the charmed circle of the United States, Europe, Japan and the settler colonies bit by bit, with advances and reverses, steadily away from the major capitalist countries and probably, from capitalism. This process began with the Russian Revolution and, after the reverses of the 1990s, resumed in the new century as an alliance of countries seeking to assert their economic and security sovereigntyâincluding Russia, Venezuela, Cuba and Iranâbegan forming with China as its economic centre. The pandemic and the war have accelerated these processes. The United Statesâ proxy war on Russia acts as a prism that refracts the key elements of the underlying unfolding of the geopolitical economy of capitalism and socialism. It constitutes a resumĂŠ of the state of the United statesâ-declining imperial project, of the balance between US capacities and the possibilities and constraints imposed by the worldâs geopolitical economy."
"The major capitalist countries faced a stark choice: deepen socialistic reform, public ownership and initiative, and invest in the still growing Third World to expand demand so as to keep growth going or, as the neoliberals in their think tanks bankrolled by capital and some politicians already converted to the new creed recommended, lift postwar restrictions on capital, now blamed for the growth slowdown, at home and campaign to lift them abroad. The former favoured working people the world over while the latter favoured capital and its comprador allies in the Third World. Capital won. Though union density and the political strength of the historic parties of labour and the left were at historic highs, the left was intellectually too weak to present viable alternatives. Over the post-war decades, non-Communist working class parties and organisations in the major capitalist countries âhad no economic policy of their ownâ and had focused only on âimproving the condi- tions of their working-class constituenciesâ through reliance âon a strong wealth- creating capitalist economy to finance their aimsâ (Hobsbawm 1994, 272)."
"These vaccines were created through public money â nearly $500 million of German public money from taxpayers to BioNTech, nearly a billion dollars in money from U.S. taxpayers through the government to Moderna, several billions of dollars after that in exchange for buying back vaccines at high prices. So these are very much the peopleâs vaccines. Itâs just that they are private property.... when the Moderna CEO says, âOh, anyone can make the Moderna vaccine,â heâs being a bit disingenuous... Itâs not really possible to do that. The way vaccines work and the way regulation around vaccines work is that they need to be made with authorization and a license. Moderna and Pfizer or BioNTech... need to authorize companies to make their vaccine... to share an instruction manual as to how to do it... The problem is... it loosens Moderna and Pfizer and BioNTechâs stranglehold on these vaccines... It undercuts the massive tens of billions of dollars of profit and revenue that they can earn off selling to poor countries in the next couple of years, once theyâre done with rich countries... which is why weâre asking the U.S. and German governments instead to say, âLook, in the face of this intransigence, itâs time to use emergency laws... that you can use, that you have the moral and legal power to put into effect, and end this pandemic for us and bring us out of this incredible cycle of hell."
"The new coronavirus variant Omicron is spreading across the world at an unprecedented rate. The World Health Organization warns cases of the heavily mutated variant have been confirmed in 77 countries, and likely many others that have yet to detect it. With international infections climbing, the Biden administration is facing renewed demands to follow through on his now seven-month-old pledge to ensure companies waive intellectual property protections on coronavirus vaccines and share them with the world. Now a group of vaccine experts has just released a list of over a hundred companies in Africa, Asia and Latin America with the potential to produce mRNA vaccines to fight COVID-19. They say itâs one of the most viable solutions to fight vaccine inequity around the world and combat the spread of coronavirus variants, including Omicron."
"The eight top Pfizer and Moderna shareholders made over $10 billion last week when their stock holdings skyrocketed after the discovery of the new Omicron variant. This comes as global public health advocates warn the world will keep seeing more coronavirus variants unless wealthy nations and vaccine manufacturers do more to address vaccine inequity. âThe companies that make the most are doing the least to share their technology,â says Nick Dearden, director of Global Justice Now U.K., which is documenting Big Pharmaâs profits. âThe priority is making enormous amounts of money for some of the richest people in the world.â"
"During slavery, "Americans built a culture of speculation unique in its abandon," writes the historian Joshua Rothman in his 2012 book, "Flush Times and Fever Dreams." That culture would drive cotton production up to the Civil War, and it has been a defining characteristic of American capitalism ever since. It is the culture of acquiring wealth without work, growing at all costs and abusing the powerless. It is the culture that brought us the , the and the . It is the culture that has produced and undignified working conditions. If today America promotes a particular kind of low-road capitalism â a capitalism of poverty wages, and ; a winner-take-all capitalism of stunning disparities not only permitting but awarding financial rule-bending; a racist capitalism that ignores the fact that slavery didnât just deny black freedom but built white fortunes, originating the black-white wealth gap that annually grows wider â one reason is that American capitalism was founded on the lowest road there is."
"Capitalism is the exploitation of man by man. Yes? Well socialism is exactly the reverse."
"Ignorance alone stands in the way of Socialist success. The capitalist parties understand this and use their resources to prevent the workers from seeing the light. Intellectual darkness is essential to industrial slavery. Capitalist parties stand for Slavery and Night. The Socialist Party is the herald of Freedom and Light."
"The issue is Socialism versus Capitalism. I am for Socialism because I am for humanity. We have been cursed with the reign of gold long enough. Money constitutes no proper basis of civilization. The time has come to regenerate society â we are on the eve of universal change."
"The capitalist system confronts the world with problems that capitalism is unable to solve: mass inequality, climate change, and war. Capitalism can't solve these problems because capitalism causes them."
"Capitalism is clearly and undeniably failing. Itâs directly responsible for the climate catastrophe and everybody knows it."
"Capitalism is not necessarily more immoral than previous social systems with regard to cruelty to humans and the gratuitous destruction of nature. As a mode of production and a social system, however, capitalism requires people to be destructive of the environment. Three destructive aspects of the capitalist system stand out when we view this system in relation to the extinction crisis: 1) capitalism tends to degrade the conditions of its own production; 2) it must expand ceaselessly in order to survive; 3) it generates a chaotic world system, which in turn intensifies the extinction crisis."
"Racism is integrally linked to capitalism... itâs a mistake to assume that we can combat racism by leaving capitalism in place... The Industrial Revolution, which pivoted around the production of capital, was enabled by slave labor in the U.S... we have a long way to go before we can begin to talk about an economic system that is not based on exploitation and on the super-exploitation of Black people, Latinx people and other racialized populations... We now have the conceptual means to engage in discussions, popular discussions, about capitalism... The notion of the requires us to understand the globalization of capitalism. consciousness helps us to understand the predicament of immigrants, who are barred from the U.S. by the wall that has been created by the current occupant. These conditions have been created by global capitalism. And I think this is a period during which we need to begin that process of popular education, which will allow people to understand the interconnections of racism, heteropatriarchy, capitalism."
"Our society is excessively individualistic. Markets reduce everything to a question of individual calculation and selfishness. We have become obsessed with money and acquisition at the expense of our social relationships and our own human fulfillment. Capitalism spreads a plague of materialism, which undermines our contentedness, leaving many of us isolated and lonely. Unless we can rediscover the art of sharing, our society will fragment altogether, making trust impossible. Unless we can recover the values associated with friendship and altruism, we will descend into a state of nihilistic ennui."
"Whereas Marx identified the essential condition of capitalism as one of enforced servitude (wage slavery), the Frankfurt School alluded to something even more insidious: a willingness in people to inscribe themselves within the very system that oppresses them; to defer to the widespread mythology of those who have 'made it': the rags-to-riches millionaire, the lottery winner, the pop/sports idols and so on. Contemporary subjectivity is thus one of perverse collaboration. ... Late capitalism is a kind of Stockholm syndrome writ large: a skewed and rather desperate faith in our own socio-economic betrayal."
"Advertising is an important characteristic of modern capitalism and a contributory factor in the establishment and maintenance of monopoly positions."
"I just donât trust any of it. Every time I read something about how thereâs been another ridiculous climb of the Dow Jones, thereâs a part of me that goes, âThis canât be good.â None of this is real money. You know what I mean? Itâs not like thereâs actually more of anything. Itâs just ideas. When people are getting richer and richer but theyâre not actually producing anything, it canât end well."
"The goal of the future is full unemployment, so we can play. Thatâs why we have to destroy the present politico-economic system."
"The French Revolution qualitatively transformed all aspects of human culture, including science, for better or worse. The institutional ideological changes wrought in French science by the Revolution and its aftermath shaped the subsequent course of modern science everywhere. The essential underlying factor, as the Hessen thesis maintains, was the victory of capitalism, which the Revolution consolidated. The new social order spread to Europe and the rest of the world, everywhere subordinating the further development of science to capitalist interests."
"The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries."
"I hear Republicans and Libertarians and so forth talking about property rights, but they stop talking about property rights as soon as the subject of American Indians comes up, because they know fully well, perhaps not in a fully articulated, conscious form, but they know fully well that the basis for the very system of endeavor and enterprise and profitability to which they are committed and devoted accrues on the basis of theft of the resources of someone else. They are in possession of stolen property. They know it. They all know it. It's a dishonest endeavor from day one."
"Covid-19 has revealed glaring failures and monstrous brutalities in the current capitalist system. It represents both a crisis and an opportunity. Contests for controlling the narratives around the meaning of this pandemic will be the terrain of struggle for either a new, more humane common sense and society or a return to the status quo ante. The outcome of those contests is uncertain; everything depends on the actions that people take into their hands."
"The new community which the capitalists are now constructing will be a very complete and absolute community; and one which will tolerate nothing really independent of itself."
"Everyday I become more convinced, there is no doubt in my mind, as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can not be transcended through capitalism itself; it must be done through socialism, true socialism, with equality and justice. Iâm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington."
"Capitalism is the way of the devil and exploitation, of the kind of misery and inequality that destroys social values. If you really look at things through the eyes of Jesus Christ - who I think was the first socialist - only socialism can really create a genuine society."
"It is really impressive what a filthy system capitalism is, that can't guarantee its own people employment, nor health, nor adequate education; that cannot prevent youth from being corrupted by drugs, gamble, and all kind of vices."
"Capitalism produces beasts, socialism produces men."
"Capitalism is a system based on blind, destructive and tyrannical laws imposed on the human species."
"Capitalism has neither the capacity, nor the moral, nor the ethics, nor the will to solve the problems of poverty."
"Is it the right of this, our generation, in its selfish materialism, to destroy these things because we are blinded by the dollar sign? Beauty-and all the values the derive from beauty-are not measured and evaluated in terms of the dollar."
"Vulgar libertarian apologists for capitalism use the term "free market" in an equivocal sense: they seem to have trouble remembering, from one moment to the next, whether theyâre defending actually existing capitalism or free market principles. So we get the standard boilerplate article arguing that the rich canât get rich at the expense of the poor, because "thatâs not how the free market works"—implicitly assuming that this is a free market. When prodded, theyâll grudgingly admit that the present system is not a free market, and that it includes a lot of state intervention on behalf of the rich. But as soon as they think they can get away with it, they go right back to defending the wealth of existing corporations."
"Letâs cut to the chase â and Iâm sorry if the next statement upsets you â but in order to stop climate change and create a sustainable world, it requires the end of capitalism. I know Iâm not âallowedâ to say that. Saying such a thing would be heresy on one of the corporate media dog-and-pony bullshit infotainment hours. If I spoke that unholy fact on CNN or Fox News or CBS or NPR, a tranquilizer dart would immediately hit me in the neck, and theyâd cut to a commercial while my lifeless body was dragged off. But letâs take our intellectual honesty out for a spin, shall we? As Guardian columnist George Monbiot said, âCapitalism has three innate characteristics that drive us towards destruction⌠firstly, that it generates and relies upon perpetual growth.â Endless growth on a planet with finite resources. Such a thing is physically impossible, no more scientifically feasible than Secretary of State Mike Pompeo touching his toes. The reason weâre now in the largest economic crisis since the Great Depression is because capitalism requires nonstop growth, much like cancer. Also, like cancer, it grows until it murders the host body. And during this pandemic shutdown, itâs not getting the growth it screams out for. During this brief respite, many parts of capitalism are benign."
"Like cancer, capitalism grows until it murders the host body. During this pandemic shutdown, itâs not getting the growth it needs and parts of it are becoming benign...For years...weâve been lost in the frenetic pace of lives based on non-events, never pausing to reassess or recess. The spastic motion of avoidance filled the ether â afraid if we stop to truly think about it, we may find our scant few years of consciousness are pissed away as slaves at often meaningless jobs. They, the pustulant corporate owners, suck away our lives...And now, with life on holiday, we see almost none of it was essential... As our planet disintegrates under the weight of consumption and greed, most people are trapped in extreme poverty. And thatâs how the system of capitalism is designed. Slightly altering capitalism will not change this reality... If we take away the false promises of capitalism and just say to people, âPrivate luxury is only for a few humans. You will never have it and wonât even have the chance at getting itâ â if we admit that â then the entire justification for capitalism evaporates... The pandemic shutdown has shown us the problem. It has revealed what the world looks like without as much pollution, without the chaos and roar of mostly meaningless âworkâ performed by the exploited, using materials stolen from the abused, for the benefit of the pampered and oblivious. Another world is possible, and weâve just gotten a glimpse of it."
"Workers every day face their own personal crises â lack of money to pay the rent or the possibility of defaulting on their mortgage because the boss didnât call them in for work this week, overdue utility bills that must be paid or risk being cut off, expenses for childrenâs education that fall due, the fear of redundancy. These are crises that are experienced personally but are really a collective crisis of everyday life for working class people. But when we ask for governments to respond, we are told that addressing these things collectively is not possible, and that this is just the way things are. But when the capitalist system goes into crisis, governments act promptly. It turns out that political decisions about the economy are possible and it is wholly possible for governments to tell the markets to go jump. [...] So, in an economic emergency, few of the usual rules apply. Governments can marshal the resources and can threaten the narrow interests of private businesses. Hardcore libertarians despise these measures as rampant socialism. From their perspective, theyâre right: the very existence of such programs is condemnation of the free market capitalist model that they promote. But they are best seen only as another approach to the management of the capitalist economy. The fact that governments across the are now prepared to spend trillions of dollar to save the from collapse only confirms that the world economy cannot be left safely in the hands of âthe marketâ. And, the situation clearly confirms that when the capitalist class and governments deem it necessary to save their system, lots of measures they once denounced as âunaffordableâ, not permitted by the condition of âthe economyâ, are actually affordable and permitted. Governments can act when required. The ideological justifications of yesterday are revealed as threadbare. But nor are government interventions of this nature geared towards the interests of the working class, only the interests of the bosses."
"But thereâs another angle to this. Capitalists preach âthe marketâ for the working class â stand on your own two feet, donât rely on the government â but themselves sponge off the public big time. Just look at the billions in subsidies and tax concessions the fossil fuel companies, huge enterprises for the most part, extract from state and federal governments in Australia. The vehicle manufacturers raked in hundreds of millions a year from the for decades until deciding it wasnât enough and went overseas. This is why big companies and industry groups hire armies of former politicians to lobby on their behalf in the offices of premiers and prime ministers â thereâs money in government coffers and they want it. And while the capitalists talk about âthe marketâ setting wages for workers, in reality, they donât really allow the market to do the job. They use the whole apparatus of state repression, the industrial tribunals, the police, the courts to suppress workersâ rights to organise to pursue their demands. But when a crisis hits all the bullshit about the market is thrown to the winds. And that is just what we are seeing now. Faced with the collapse of the capitalist economy, for the second time in a dozen years, with massive bankruptcies on the table and the stock market plunging by more than 30 percent and more to come, fervent advocates of the free market are now embracing government intervention to save their skins."
"One of the most prevalent ideological mantras of Western capitalism is that the market should rule. But as the latest health and economic crises demonstrate, capitalists soon forget their worship of the market when times get tough. They scream for government money, and plenty of it. It turns out that âthe marketâ is fine when it comes to whipping workers to accept lower wages, but when it comes to lower profits, the market can go hang."