Early in the Obama administration, our economic team faced intense pressure to go down the road of coercive capitalism.
Trump seems to be implementing a form of coercive capitalism – in which the president publicly picks winners and losers and uses the power of the office to force corporate leaders to make specific business decisions.
The Unites States of America continues to represent life, liberty, and freedom. We believe in hard work and capitalism.
I suspect that one of capitalism’s crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its own inventiveness, the arbitrariness of its undertaking and the ruthlessness of the way in which it proceeds.
Capitalism proceeds through creative destruction. What is created is capitalism in a ‘new and improved’ form – and what is destroyed is self-sustaining capacity, livelihood and dignity of its innumerable and multiplied ‘host organisms’ into which all of us are drawn/seduced one way or another.
How do you cause people to believe in an imagined order such as Christianity, democracy, or capitalism? First, you never admit that the order is imagined.
I believe the accepted model of capitalism that demands endless growth deserves the blame for the destruction of nature, and it should be displaced. Failing that, I try to work with those companies and help them change the way they think about our resources.
The social inefficiency of capitalism is going to clash at some point with the technological innovations capitalism engenders, and it is out of that contradiction that a more efficient way of organising production and distribution and culture will emerge.
Every non-Marxist economic theory that treats human and non-human productive inputs as interchangeable assumes that the dehumanisation of human labour is complete. But if it could ever be completed, the result would be the end of capitalism as a system capable of creating and distributing value.
In the democratic western countries so-called capitalism leads a saturnalia of ‘freedom’, like a bastard brother of reform.
The government may change faces from time to time, but it’s not like we fight wars for democracy – we fight wars for capitalism and for oil.
Nigeria has had the misfortune – no, the fortune – of seeing the worst face of capitalism anywhere in Africa. The masses have seen it, they are disgusted, and they want an alternative.
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries.
I think the most important factor in getting out of the recession actually is just the regenerative capacity of – of American capitalism.
We live in capitalism, and capitalism is defined by the production line, and the production line is defined by specificity. If you see yourself as an artist, which I do, then you can’t be limited by that. You can’t let somebody tell you, ‘Well, you can only draw this kind of picture or write that kind of book.’
Capitalism and power politics have made our generation creatively sluggish, and our vital art is mired in a broad bourgeois philistinism.
If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.
As a social anarchist, I believe that capitalism itself is an inherently exploitative hierarchical situation – you do have a boss, you do have somebody in charge.
I think the growing disregard for the environment, culture, and heritage is a natural consequence of capitalism.
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