The degeneration of the revolution in Russia does not pass from the revolution for communism to the revolution for a developed kind of capitalism, but to a pure capitalist revolution. It runs in parallel with world-wide capitalist domination which, by successive steps, eliminates old feudal and Asiatic forms in various zones. While the historical situation in the seventeenth, eighteenth and nineteenth centuries caused the capitalist revolution to take liberal forms, in the twentieth century it must have totalitarian and bureaucratic ones.
Amadeo BordigaTag: capitalism revolution russian-revolution 20th-century stalinism chinese-revolution
To exploit living labour, capital must destroy dead labour which is still useful. Loving to suck warm young blood, it kills corpses.
Amadeo BordigaTag: capitalism crisis
There cannot exist in the future an economy which is still mercantile but which isn't capitalist anymore. Before capitalism there were economies which were partially mercantile, but capitalism is the last of this genre.
Amadeo BordigaTag: capitalism socialism commodity-production abc-of-communism
The whole discussion now underway on revolutionary forms in Russia and in China boils down to the judgement to be made of the historical phenomenon of the "appearance" of industrialism and mechanisation in huge areas of the world previously dominated by landed and precapitalist forms of production.
Constructing industrialism and mechanising things is supposedly the same as building socialism whenever central and "national" plans are made. This is the mistaken thesis.
Tag: capitalism communism socialism industrialization stalinism
But a progressive policy needs more than just a bigger break with the economic and moral assumptions of the past 30 years. It needs a return to the conviction that economic growth and the affluence it brings is a means and not an end. The end is what it does to the lives, life-chances and hopes of people. Look at London. Of course it matters to all of us that London's economy flourishes. But the test of the enormous wealth generated in patches of the capital is not that it contributed 20%-30% to Britain's GDP but how it affects the lives of the millions who live and work there. What kind of lives are available to them? Can they afford to live there? If they can't, it is not compensation that London is also a paradise for the ultra-rich. Can they get decently paid jobs or jobs at all? If they can't, don't brag about all those Michelin-starred restaurants and their self-dramatising chefs. Or schooling for children? Inadequate schools are not offset by the fact that London universities could field a football team of Nobel prize winners.
Eric J. HobsbawmTag: politics education morality wealth capitalism economics nobel-prize london britain progressivism universities
How people themselves perceive what they are doing is not a question that interests me. I mean, there are very few people who are going to look into the mirror and say, 'That person I see is a savage monster'; instead, they make up some construction that justifies what they do. If you ask the CEO of some major corporation what he does he will say, in all honesty, that he is slaving 20 hours a day to provide his customers with the best goods or services he can and creating the best possible working conditions for his employees. But then you take a look at what the corporation does, the effect of its legal structure, the vast inequalities in pay and conditions, and you see the reality is something far different.
Noam ChomskyTag: capitalism inequality delusion corporations ceos
The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient.
Noam ChomskyTag: capitalism george-w-bush socialism free-market economic-stimulus-act-of-2008 financial-crisis-of-2007-2010 schadenfreude
The very design of neoliberal principles is a direct attack on democracy.
Noam ChomskyTag: democracy capitalism neoliberalism
Political corruption, social greed, and Americanized quasi-socialism can ruin even the most wonderful places. California proved that.
Tiffany MadisonTag: politics capitalism corruption greed california socialism politics-of-the-united-states
The Master said, “If your conduct is determined solely by considerations of profit you will arouse great resentment.
ConfuciusTag: capitalism consumerism greed materialism profit
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