#capitalism

The business card does not fully reflect who we are. We are being judged, we feel, in a humiliating way. We feel there is so much in us that has not got an expression in capitalism. You know, capitalism is a machine that recognizes outward financial, external achievement. And most of us carry all kinds of richness which we are unable to translate into that language. ↗

— Alain de Botton

#capitalism #judgement #success #business

Our defeat was always implicit in the victory of others; our wealth has always generated our poverty by nourishing the prosperity of others - the empires and their native overseers. In the colonial and neocolonial alchemy, gold changes into scrap metal and food into poison. ↗

— Eduardo Hughes Galeano

#change

...Communism, it's a reactive formation derived from capitalism. For this reason it's less flexible and has a lower survival potential. The days of laissez-faire capitalism are completely dead, and the assumptions of nineteenth-century Communism are equally dead, because they were based on laissez-faire capitalism. While there's hardly a trace of it left in capitalist countries, Communism is still reacting to something that's been dead for over a hundred years. And present-day Communism clings to this outmoded concepts, refusing to acknowledge the contradictions and failures of the Marxist system. Communism doesn't have any capacity to change. Capitalism is flexible, and it's changing all the time, and it's changed immeasurably. Communism apparently are still asserting that they are not changing, they're following the same Marxist principles. We don't have any principles. It's an advantage. ↗

— William S. Burroughs

#laissez-faire-capitalism #change

Unfettered capitalism is a revolutionary force that consumes greater and greater numbers of human lives until it finally consumes itself. ↗

— Chris Hedges

#death

The very design of neoliberal principles is a direct attack on democracy. ↗

— Noam Chomsky

#democracy #neoliberalism #design

Traditional hedonism...was based on the direct experience of pleasure: wine, women and song; sex, drugs and rock 'n' roll; or whatever the local variant. The problem, from a capitalist perspective, is that there are inherent limits to all this. People become sated, bored...Modern self-illusory hedonism solves this dilemma because here, what one is really consuming are fantasies and day-dreams about what having a certain product would be like. ↗

— David Graeber

#capitalism #redefining-consumption #dreams

[There] are people who make a complete and utter mockery of 'democracy' and 'equality' - they're the casualties of the primitive rules of competition which run our society, and the welfare state just keeps them alive. That's all. ↗

— Michael Palin

#competition #democracy #equality #poor #poverty

Experience has taught us that material wants know no natural bounds, that they will expand without end unless we consciously restrain them. Capitalism rests precisely on this endless expansion of wants. That is why, for all its success, it remains so unloved. It has given us wealth beyond measure, but has taken away the chief benefit of wealth: the consciousness of having enough. ↗

— Robert Skidelsky Edward Skidelsky

#economics #wants #wealth #experience

In a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold. ↗

— Kim Stanley Robinson

#employment #slavery #education

[A] great embarrassing fact… haunts all attempts to represent the market as the highest form of human freedom: that historically, impersonal, commercial markets originate in theft. ↗

— David Graeber

#economics #libertarianism #markets #politics #freedom