Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ...In developed capitalist economies, private consumption spending accounts for half or more of GDP.
The fundamental differences between Marxian and traditional orthodox economics are, first, that the orthodox economists accept the capitalist system as part of the eternal order of Nature, while Marx regards it as a passing phase in the transition from the feudal economy of the past to the socialist economy of the future.joan robinson
The day has passed for patching up the capitalist system; it must go. And in the work of abolishing it the Catholic and the Protestant, the Catholic and the Jew, the Catholic and the Freethinker, the Catholic and the Buddhist, the Catholic and the Mahometan will co- operate together? For, as we have said elsewhere, Socialism is neither Protestant nor Catholic,Christian norFreethinker,Buddhist,Mahometan, nor Jew; it isonly HUMAN.james connolly
We need to change the system. We need to overthrow, not the government, as the authorities are always accusing the Communists "of conspiring to teach [us] to do", but this rotten, decadent, putrid industrial capitalist system which breeds such suffering in the whited sepulcher of New York.dorothy day
We mustn't fear to adopt the advanced management methods applied in capitalist countries (...) The very essence of socialism is the liberation and development of the productive systems (...) Socialism and market economy are not incompatible (...) We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.Deng Xiaoping
Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies.robert gilpin
As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is incessantly being revolutionized from within by new enterprise, i.e., by the intrusion of new commodities or new methods of production or new commercial opportunities into the industrial structure as it exists at any moment.joseph schumpeter
A fairly clear line separated advertisement from art. ... The first effect of the triumph of the capitalist (if we allow him to triumph) will be that that line of demarcation will entirely disappear. There will be no art that might not just as well be advertisement.gilbert keith chesterton
The capitalist distribution network, a complex chain of factory, transport, warehouse and retail outlet, is one of the greatest male accomplishments in the history of culture.camille paglia
Never before in the history of our State have Oregonians had so much to be congratulated upon. No State in the Union is receiving more attention. Her agricultural products, her mild climate, her great natural resources, invite the immigrant, the capitalist and the pleasure seeker, while the sound basis upon which rest her finances, and the fact that within two years her taxable property has increased more than ten millions of dollars, clearly indicate that the State, in the face of a general business depression throughout the land, is in no danger of deterioration of decay.Zenas Ferry moody
When external and internal forces hostile to the development of socialism try to turn the development of a given socialist country in the direction of the restoration of the capitalist system, when a threat arises to the cause of socialism in that country … this is no longer merely a problem for that country's people, but a common problem, the concern of all socialist countries.leonid brezhnev
I've long believed alas, that in highly organized industrial societies, capitalist or socialist, the stronger tendency is to converge — that if steel or automobiles are wanted and must be made on a large scale, the process will stamp its imprint on the society, whether that me be Magnitogorsk or Gary, Indiana.john kenneth galbraith
He enlarged perceptibly the scope for debate, liberalized appreciably the intellectual and cultural life of the country and proclaimed the obvious truth that, after an atomic exchange, little would distinguish the Communist ashes from the capitalist ashes.john kenneth galbraith
The capitalist process shapes things and souls for socialism.joseph schumpeter
. . . The imperialism of the bureaucratic-collectivist states is different from that of the capitalist states. But the economic motive forces behind the one are no less powerful than in the case of the other. Only ignoramuses – people who know nothing about history and nothing about Lenin's theory of imperialism – can conceive of imperialism as a phenomenon unique to capitalist society.max shachtman
" the internationalization of economic activity and its major vehicle, the TNC, can be regarded simply as being part of the normal expansive process of capitalist development."peter dicken
In capitalist society spare time is acquired for one class by converting the whole life-time of the masses into labour-time.karl marx
The core of the Marxist critique of capitalism is that although the individual capitalist is rational (as liberals assume), the capitalist system itself is irrational.
Once capitalist classes learn to live with unions which they generally do reluctantly, only after efforts to crush them have failed they then attempt to co-opt organized labour. They do so by courting a "special relationship" with union leaders who, as their organizations become larger and more complex, typically assume the role of full time union functionaries.
If stability and efficiency required that there existed markets that extended infinitely far into the future and these markets clearly did not exist what assurance do we have of the stability and efficiency of the capitalist system?
The major vehicle of for the transition to the capitalist mode of production was the textile industry of eighteenth - century England. In cloth production mercantile wealth was visibly transformed into capital , as it acquired the dual function of purchasing machines and raw materials, on the one hand, and buying human energy to power their operation on the other.