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Read through the most famous quotes by topic #capitalism
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. ↗
Like casinos, large corporate entities have studied the numbers and the ways in which people respond to them. These are not con tricks - they're not even necessarily against our direct interests, although sometimes they can be - but they are hacks for the human mind, ways of manipulating us into particular decisions we otherwise might not make. They are also, in a way, deliberate underminings of the core principle of the free market, which derives its legitimacy from the idea that informed self-interest on aggregate sets appropriate prices for items. The key word is 'informed'; the point of behavioural economics - or rather, of its somewhat buccaneering corporate applications - is to skew our perception of the purchase to the advantage of the company. The overall consequence of that is to tilt the construction of our society away from what it should be if we were making the rational decisions classical economics imagines we would, and towards something else. ↗
Can anything be imagined more abhorrent to every sentiment of generosity and justice, than the law which arms the rich with the legal right to fix, by assize, the wages of the poor? If this is not slavery, we have forgotten its definition. Strike the right of associating for the sale of labor from the privileges of a freeman, and you may as well bind him to a master, or ascribe him to the soil. ↗
#justice #labor #rights #unions #imagination
. . . then life began, and since then we remember each dumpster, abandoned house, and foot-chase by retail security. At night, after running around, plotting and scheming, our checklist items all crossed out, we paused to think — 'What to do tomorrow?' and the answer was always, 'As we please . . . ↗
Comradeship, dignity, amorosity, love, solidarity, fraternity, friendship, ethics: all these names stand in contrast to the commodified, monetised relations of capitalism, all describe relations developed in struggles against capitalism and which can be seen as anticipating or creating a society beyond capitalism. ↗
Liberal democracy - as you know, in the old days, we were saying we want socialism with a human face. Today's left effectively offers global capitalism with a human face, more tolerance, more rights and so on. So the question is, is this enough or not? Here I remain a Marxist: I think not. ↗
#days #democracy #effectively #enough #face