(no subject)
"Capitalism is organised crime, and we are all its victims" The Refused
Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes. ~ Howard Zinn
"Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics."-George Reisman
"How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave." ~ Jeremy Bentham
"We can have a democratic society or we can have the concentration of great wealth in the hands of the few. We cannot have both." ~ Louis Brandeis, Supreme Court Justice from 1916-1939
"This crippling of individuals I consider the worst evil of capitalism. [...] An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career." ~ Albert Einstein
"[Capitalism] is not a success. It is not intelligent, it is not beautiful, it is not just, it is not virtuous--and it doesn't deliver the goods. In short, we dislike it, and we are beginning to despise it. But when we wonder what to put in its place, we are extremely perplexed." ~ John Maynard Keynes
"Corporations care very much about maintaining the myth that government is necessarily ineffective, except when it is spending money on the military-industrial complex, building prisons, or providing infrastructural support for the business sector." ~ Michael Lerner, The Politics of Meaning
"I believe that one ought to have only as much market efficiency as one needs, because everything that we value in human life is within the realm of inefficiency - love, family, attachment, community, culture, old habits, comfortable old shoes."~ Edward Luttwak
"If a Martian were asked to pick the most efficient and humane economic systems on earth, it would certainly not choose the countries which rely most on markets. The United States is a stagnant economy in which real wages have been constant for more than a decade and the real income of the bottom 40 percent of the population declined. It is an inhumane society in which 11.5 percent of the population, some 32 million people, including 20 percent of all children, live in absolute poverty. It is the oldest democracy on earth but also one with the lowest voting rates among democracies and the highest per capita prison population in the world. The fastest developing countries in the world today are among those where the state pursues active industrial and trade policies; the few countries in the world in which almost no one is poor today are those in which the state has been engaged in massive social welfare and labor market policies." ~ Adam Przeworski
Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes. ~ Howard Zinn
"Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics."-George Reisman
"How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is your house made yours? By debarring every one else from the liberty of entering it without your leave." ~ Jeremy Bentham
"We can have a democratic society or we can have the concentration of great wealth in the hands of the few. We cannot have both." ~ Louis Brandeis, Supreme Court Justice from 1916-1939
"This crippling of individuals I consider the worst evil of capitalism. [...] An exaggerated competitive attitude is inculcated into the student, who is trained to worship acquisitive success as a preparation for his future career." ~ Albert Einstein
"[Capitalism] is not a success. It is not intelligent, it is not beautiful, it is not just, it is not virtuous--and it doesn't deliver the goods. In short, we dislike it, and we are beginning to despise it. But when we wonder what to put in its place, we are extremely perplexed." ~ John Maynard Keynes
"Corporations care very much about maintaining the myth that government is necessarily ineffective, except when it is spending money on the military-industrial complex, building prisons, or providing infrastructural support for the business sector." ~ Michael Lerner, The Politics of Meaning
"I believe that one ought to have only as much market efficiency as one needs, because everything that we value in human life is within the realm of inefficiency - love, family, attachment, community, culture, old habits, comfortable old shoes."~ Edward Luttwak
"If a Martian were asked to pick the most efficient and humane economic systems on earth, it would certainly not choose the countries which rely most on markets. The United States is a stagnant economy in which real wages have been constant for more than a decade and the real income of the bottom 40 percent of the population declined. It is an inhumane society in which 11.5 percent of the population, some 32 million people, including 20 percent of all children, live in absolute poverty. It is the oldest democracy on earth but also one with the lowest voting rates among democracies and the highest per capita prison population in the world. The fastest developing countries in the world today are among those where the state pursues active industrial and trade policies; the few countries in the world in which almost no one is poor today are those in which the state has been engaged in massive social welfare and labor market policies." ~ Adam Przeworski