Jim Stanford

Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care,…

— Jim Stanford

Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.

— Jim Stanford

One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced…

— Jim Stanford

Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.

— Jim Stanford

This relationship is the foundation for the argument, made by some trade unionists and labour advocates, that high wages can actually be…

— Jim Stanford

Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way…

— Jim Stanford

The total dividend income declared in 1995 by the bottom 9.7 million Canadian tax-filers (47% of all those submitting tax returns) was…

— Jim Stanford

We know that investment causes growth. But it is also true that growth causes investment.

— Jim Stanford

Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or…

— Jim Stanford

With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role…

— Jim Stanford

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. ... In developed capitalist…

— Jim Stanford

Economics is a social science, not a physical science.

— Jim Stanford

The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice…

— Jim Stanford

Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a…

— Jim Stanford

If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If…

— Jim Stanford

Employers crave the power to fire workers whose performance is judged inferior-not just to get rid of those particular workers, but more…

— Jim Stanford

The problem is not scarcity; the problem is power.

— Jim Stanford

Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

— Jim Stanford

Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then…

— Jim Stanford

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

— Jim Stanford

Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your…

— Jim Stanford

Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional…

— Jim Stanford