Capitalist economy quotes:

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  • My claim is that we do not have a market economy, but a capitalist economy. -- David Korten
  • The crucial role of the rich in a capitalist economy is... to invest; to provide unencumbered and unbureaucratized cash. -- George Gilder
  • The key thing about wealth in a capitalist economy is that it reproduces itself and usually earns a positive net return. -- Robert Solow
  • A capitalist economy hums when leading businessmen are bubbling with animal spirits and are prepared to sink their money into risky ventures. -- Paul Johnson
  • [...] in a predatory capitalist economy, state intervention would be an absolute necessity to preserve human existence and to prevent the destruction of the physical environment [...]. -- Noam Chomsky
  • In every capitalist economy there are anti-capitalist movements, activists, and even political parties; in a way, that there are no longer anti-democratic movements, activists, and parties. -- Geoff Mulgan
  • Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire. -- Ludwig von Mises
  • Workers do not strike every day, they cannot do that the way they function in the capitalist economy. The way they have to live by selling their labor power makes that impossible. -- Ernest Mandel
  • What both the state and the capitalist economy oppose is an understanding of what might be called "the true nature of things" (using the phrase without metaphysical pretensions), especially injustices and exploitative practices. -- Richard A. Falk
  • No company has a permanent consumer franchise. No one has the only game in town. The never-ending cycle of destruction and change inherent in a capitalist economy always provides new opportunities for those with determination, goals and concentration. -- Harvey Mackay
  • The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning. -- Ludwig von Mises
  • A genuine Left doesn't consider anyone's suffering irrelevant or titillating; nor does it function as a microcosm of capitalist economy, with men competing for power and status at the top, and women doing all the work at the bottom.... Goodbye to all that. -- Robin Morgan
  • No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for the rise of the Western capitalist economy and the building of private fortunes-and it was based on the sin of usury. -- Barbara Tuchman
  • ...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic of modern economics. That is why this is a history not of economic ideas, but of ideas beyond the capitalist economy. -- Jerry Z. Muller
  • Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college. -- Noam Chomsky
  • As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is incessantly being revolutionized from within by new enterprise, i.e., by the intrusion of new commodities or new methods of production or new commercial opportunities into the industrial structure as it exists at any moment. -- Joseph A. Schumpeter
  • The organized labor movement as it is constituted today is as much a concomitant of a capitalist economy as is capital. Organized labor is predicated upon the basic premise of collective bargaining between employers and employees. This premise can obtain only for an employer-employee type of society. If the labor movement is to maintain its own identity and security, it must of necessity protect that kind of society. -- Saul Alinsky
  • Some people think that as the Chinese economy becomes more and more capitalistic it will inevitably become more democratic. -- Peter L. Berger
  • The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters. -- James Tobin
  • Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously. -- Janet Yellen
  • In essence, capitalist systems are a mechanism by which economies may generate growth in knowledge - with much uncertainty in the process, owing to the incompleteness of knowledge. -- Edmund Phelps
  • Children are being adultified because our economy is depending on them to make purchasing decisions. So they're essentially the victims of a marketing and capitalist machine gone awry. -- Douglas Rushkoff
  • Every year the progress of advanced capitalist society makes our population consist of more and more isolates. This is because of the infrastructure of the economy, especially electronic communications. -- Mary Douglas
  • Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Do policy makers have the knowledge and ability to improve macroeconomic outcomes rather than make matters worse? Yes. -- Janet Yellen
  • Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers. -- Tim Jackson
  • The real bosses, in the capitalist system of market economy, are the consumers. -- Ludwig von Mises
  • The very concept of universal formal education is a product (and a relatively late product) of the capitalist world-economy. -- Immanuel Wallerstein
  • Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies. -- Robert Gilpin
  • The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously. -- Amory Lovins
  • I rather wish to rest my case on material considerations, not those of the social future but those of the actual historical period of the capitalist world-economy. -- Immanuel Wallerstein
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