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
The socialist society would have to forbid capitalist acts between consenting adults.Robert Nozick
Can we reverse these deeply rooted sources sources of inequality? Or are they just endemic to a capitalist economy?robert kuttner
The capitalist process shapes things and souls for socialism.joseph schumpeter
In reality, the likelihood of reaching the pinnacle of capitalist society today is only marginally better than were the chances of being accepted into the French nobility four centuries ago, though at least an aristocratic age was franker, and therefore kinder, about the odds. It did not relentlessly play up the possibilities open to all, … and so, in turn, did not cruelly equate an ordinary life with a failed one.Alain de Botton
Even the most conservative must realize that the recent transformation of surplus from an individual to a national disaster implies a scathing indictment of our capitalist system as it has now developed.benjamin graham
[According to Habermas, the genesis of the bourgeois public sphere resulted from a combination of early capitalist commercial development and the organization of territorial ... Representative publicness involved a re-presenting or staging for the purposes of display and acclamation, hence] this publicness (or publicity) of representation was not constituted as a social realm, that is, as a public sphere; rather, it was something like a status attribute, if this term may be permitted.jürgen habermas
The labour-power is a commodity , not capital, in the hands of the labourer, and it constitutes for him a revenue so long as he can continuously repeat its sale; it functions as capital after its sale, in the hands of the capitalist, during the process of production itself.karl marx
We are Socialists, enemies, mortal enemies of the present capitalist economic system with its exploitation of the economically weak, with its injustice in wages, with its immoral evaluation of individuals according to wealth and money instead of responsibility and achievement, and we are determined under all circumstances to abolish this system:;! And with my inclination to practical action it seems obvious to me that we have to put a better, more just, more moral system in its place, one which, as it were, has arms and legs and better arms and legs than the present one:;!gregor strasser
In short, the rules of behaviour in capitalist society systematically produce irrational consequences.
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.
The anarchists put the thing upside down. They declare that the proletarian revolution must begin by doing away with the political organization of the state. But to destroy it at such a moment would be to destroy the only organism by means of which the victorious proletariat can assert its newly-conquered power, hold down its capitalist adversaries, and carry out that economic revolution of society without which the whole victory must end in a new defeat and a mass slaughter of the workers similar to those after the Paris commune.
The bandage will remain on the eyes of Justice as long as the capitalist has the cut, shuffle, and deal.bill haywood