It seems that neither the Keynesian nor the Marxian prognosis of the future of capitalism is being fulfilled and we are left without any particular theory as to what will happen next.
If you like capitalism, you will positively love depressions, because they are one and the same, like manic-depressives and their cycles, like spouse-abusers and their storms of violence.
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process
When we truly discover love, capitalism will not be possible and Marxism will not be necessary.
A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Whoever criticizes capitalism, while approving immigration, whose working class is its first victim, had better shut up. Whoever criticizes immigration, while remaining silent about capitalism, should do the same.
Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.
We can't do anything to change the world until capitalism crumbles. In the meantime we should all go shopping to console ourselves.
Our current model of capitalism and the dominant ideas in policy making have led to a failure of investment by both the public and the private sector in the things that drive productivity, and which affect its distribution.
You can't have capitalism without racism.
The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.
One of the necessary accompaniments of capitalism in a democracy is political corruption.
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.
Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still remain. Modern capitalism has no purpose except to keep the show going.
In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.
It is capitalism, not Marxism, that trades in futures.
I think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.
Democracy suits Europeans today partly because it is associated with the triumph of capitalism and partly because it involves less commitment or intrusion into their lives than any of the alternatives. Europeans accept democracy because they no longer believe in politics. It is for this reason that we find both high levels of support for democracy in cross-national opinion polls and high rates of political apathy.
Capitalism is using its money; we socialists throw it away.
Capitalism would self-destruct in no time. So the business classes have always demanded strong, straight intervention to protect the society from the destructive effects of market forces because they don't want everything destroyed.