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Capitalism is a system in which the central institutions of society are, in principle, under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist, that is, it has tight control at the top and strict obedience has to be established at every level.
- Capitalization
Wesco had a market capitalization of $40 million when we...
- Eric Kierans
Eric Kierans Quotes About Capitalism. facebook; twitter;...
- Karl Liebknecht
Discover Karl Liebknecht quotes about capitalism. Share with...
- Immanuel Wallerstein
Immanuel Wallerstein Quotes About Capitalism Quotes about:...
- Capitalization
- “The farmer and manufacturer can no more live without profit than the labourer without wages.” - David Ricardo.
- “The most basic question is not what is best, but who shall decide what is best.” - Thomas Sowell.
- “Nothing is more deadly to achievement than the belief that effort will not be rewarded, that the world is a bleak and discriminatory place in which only the predatory and the specially preferred can get ahead.”
- “I prefer true but imperfect knowledge, even if it leaves much undetermined and unpredictable, to a pretense of exact knowledge that is likely to be false.”
- The Great Crash, 1929
- The Affluent Society
- The New Industrial State
- The United States
- Power and The Useful Economist
- Money: Whence It Came, Where It Went
- The Age of Uncertainty
- The Ashes of Capitalism and The Ashes of Communism
- The Culture of Contentment
- Washington Post Interview
Writing is a long and lonesome business; back of the problems in thought and composition hover always the awful questions: Is this the page that shows the empty shell? Is it here and now that they...
Authorship of any sort is a fantastic indulgence of the ego. It is well no doubt, to reflect on how much one owes to others.
Only men of considerable vanity write books; consistently therewith, I worried lest the world were exchanging an irreplaceable author for a more easily purchased diplomat.
"The United States" in New York magazine (1971-11-15); reprinted in A View from the Stands(1986) Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration th...
"Power and the Useful Economist" (1973); also in Annals of an Abiding Liberal and The Essential Galbraith When the modern corporation acquires power over markets, power in the community, power over the state and power over belief, it is a political instrument, different in degree but not in kind from the state itself.To hold otherwise — to deny the...
There is wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.
Few things in life can be so appalling as the difference between a dry antiseptic statement of a principle by a well spoken man in a quiet office, and what happens to people when that principle is...
"The Ashes of Capitalism and the Ashes of Communism," interview (undated) with John M. Whiteley in Quest for Peace: an Introduction(1986), ed. John Whiteley A nuclear war does not defend a country and it does not defend a system. I've put it the same way many times; not even the most accomplished ideologue will be able to tell the difference betwee...
Excessive acreages of unused buildings, commercial and residential were created. The need for such construction, given the space demands of modern business bureaucracy, was believed to be without l...
One of the things I argue in my book [A Journey Through Economic Time] is the extent to which people go to avoid rational decisions – the very large role of mental deficiency in economic history. G...
In this way, "Capitalism and Freedom" highlights how capitalism not only promotes prosperity but also improves the overall standard of living for society as a whole. Furthermore, Friedman explores the tension between individual freedom and the role of government in a capitalist society.
Mar 11, 2020 · Democracy and capitalism coexist in many variations around the world, each continuously reshaped by the conditions and the people forming them. Increasingly, people have deep concerns about both.
Jan 21, 2024 · Explore the most impactful quotes from the Communist Manifesto, a revolutionary publication by Karl Marx and Friedrich Engels that laid out the principles of communism and the critique of capitalism. Dive into the powerful ideas that shaped the course of history and continue to resonate with activists and scholars today.
People also ask
Will capitalist industrialists be able to enrich themselves?
How does democracy and capitalism coexist?
Is capitalism a political system?
Why do proletarians have the least power under capitalism?
Does communism deprive a man of the power to appropriate?
Does capitalism work better than socialism?
Since capitalists seek to optimize profit, they want to pay as little as possible. If the proletarians refuse to work, they earn no money. If they demand more wages, the owner can hire someone else. As such, the workers, who are the backbone of the economy, hold the least amount of power under capitalism.
