The capital amassed in the eighteenth and nineteenth centuries through various forms of slave economy is still in circulation, said De Jong, still bearing interest, increasing many times over and continually burgeoning anew.
W.G. SebaldTags: history capitalism economics slavery finance interest capital economic-history
Do you understand economics? I mean big-time, prewar, global capitalism. Do you get how it worked? I don't, and anyone who says they do is full of shit.
Max BrooksTags: war capitalism economics economy
If you can't afford the good food or if you can't afford health care or if you don't have a job or if your car is dangerous because you can't get it fixed and you DIE, you just lost the game-bzzzzz-thanks for playing extreme capitalism.
Marc MaronTags: liberalism capitalism poverty free-market political-views
Consumerism thrives on emotional voids.
Caroline KnappTags: capitalism
That comes to about one hundred million people in India alone from 1947 to 1980. But we don’t call that a crime of democratic capitalism. If we were to carry out that calculation throughout the world… I wont even talk about it. But Sen is correct; they’re not intended, just like the Chinese famine wasn’t intended. But they are ideological and institutional crimes, and capitalist democracy and its advocates are responsible for them, in whatever sense supporters of so-called Communism are responsible for the Chinese famine. We don’t have the entire responsibility, but certainly a large part of it
Noam ChomskyTags: capitalism noam-chomsky crimes-against-humanity communist-china capitalist-democracy chinese-famine
It's true that private enterprise is extremely flexible, But its only good within very narrow limits. If private enterprise isn't held in an iron grip it gives birth to people who are no better than beasts, those stock-exchange people with greedy appetites beyond restraint.
Aleksandr SolzhenitsynTags: capitalism economics
In the United States […] the two main business-dominated parties, with the support of the corporate community, have refused to reform laws that make it virtually impossible to create new political parties (that might appeal to non-business interests) and let them be effective. Although there is marked and frequently observed dissatisfaction with the Republicans and Democrats, electoral politics is one area where notions of competitions and free choice have little meaning. In some respects the caliber of debate and choice in neoliberal elections tends to be closer to that of the one-party communist state than that of a genuine democracy.
Robert W. McChesneyTags: democracy capitalism elections corporatism neoliberalism democracy-gone-wrong republican-party democratic-party
These people live in many lands, speak different languages, practice different religions, may even hate one another- yet none of these differences prevented them from cooperating to produce a pencil. How did it happen? Adam Smith gave us the answer two hundred years ago.
Milton FriedmanTags: capitalism invisible-hand free-markets voluntary-exchange
Deleuze and Guattari describe capitalism as a kind of dark potentiality which haunted all previous social systems. Capital, they argue, is the ‘unnamable Thing’, the abomination, which primitive and feudal societies ‘warded off in advance’. When it actually arrives, capitalism brings with it a massive desacralization of culture. It is a system which is no longer governed by any transcendent Law; on the contrary, it dismantles all such codes, only to re-install them on an ad hoc basis.
Mark FisherTags: capitalism culture capital deleuze d-g guattari reterritorialization
The role of capitalist ideology is not to make an explicit case for something in the way that propaganda does, but to conceal the fact that the operations of capital do not depend on any sort of subjectively assumed belief. It is impossible to conceive of fascism or Stalinism without propaganda - but capitalism can proceed perfectly well, in some ways better, without anyone making a case for it.
Mark FisherTags: nature capitalism propaganda ideology capitalist-realism
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