I do not intend to defend capitalism or capitalists. They…
““I do not intend to defend capitalism or capitalists. They, like everything human, have their defects. I only say their possibilities of usefulness are not ended. Capitalism has borne the monstrous burden of the war and today still has the strength to shoulder the burdens of peace. ... It is not simply and solely an accumulation of wealth, it is an elaboration, a selection, a co-ordination of values which is the work of centuries. ... Many think, and I myself am one of them, that capitalism is scarcely at the beginning of its story.””
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Capitalism, despite flaws, remains a dynamic system capable of supporting both war and peace.
In simple terms: Capitalism can adapt and serve many purposes.
Key Takeaway
Recognize its potential while addressing its flaws.
Themes
economics
politics
history
Mood
critical
reflective
Type
philosophical
analytical
When to use this quote
- policy making
- business strategy
- social reform
- education
Key Concepts
marism
systems theory
Questions to Reflect On
- What reforms could mitigate its defects?
- Can capitalism truly serve peace?
A Different Perspective
Critics argue that capitalism can exacerbate inequality.