Capitalist Quote by Edward S. Herman

“Economists have provided capitalists with a comforting concept called the "free market." It does not describe any part of reality, at any place or time. It's a mantra conveniently invoked when it is proposed that government do something the faithful don't like, and just as conveniently ignored…” quote by Edward S. Herman — Download Open image

“Economists have provided capitalists with a comforting concept called the "free market." It does not describe any part of reality, at any place or time. It's a mantra conveniently invoked when it is proposed that government do something the faithful don't like, and just as conveniently ignored whenever they want government to do something for them.”

Edward S. Herman

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The establishment can't admit [that] it is human rights violations that make ... countries attractive to business - so history has to be fudged,…

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There is ...a huge tacit conspiracy between the U.S. government, its agencies and its multinational corporations, on the one hand, and local business and military cliques in the Third World, on the other, to assume complete control of these countries and "develop" them on a joint venture basis. The military leaders of the Third World were carefully nurtured by the…

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The United States has given frequent and enthusiastic support to the overthrow of democracy in favor of "investor friendly" regimes. The World Bank, IMF, and private banks have consistently lavished huge sums on terror regimes, following their displacement of democratic governments, and a number of quantitative studies have shown a systematic positive relationship between U.S. and IMF / World Bank…

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The U.S. public is depoliticised, poorly informed on foreign affairs... and strongly patriotic in the face of a struggle with another Hitler. Even though…

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The popular mind often pictures gigantic flying machines speeding across the Atlantic carrying innumerable passengers in a way analogous to our modern steam ships. . . it seems safe to say that such ideas are wholly visionary and even if the machine could get across with one or two passengers the expense would be prohibitive to any but the capitalist…

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Capitalists have done more good for society through their charitable giving, philanthropy and generosity than all their critics combined.

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For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening in our time. Persistent economic stagnation together with neoliberal austerity has at this point seriously undermined the stability of the liberal-democratic state and thus the political command sector of the capitalist system. This has led to…

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Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.

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The Enron scandal calls into question the integrity of the entire capitalist system, which previously we assumed was based on honest, straightforward greed.

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Human beings were behaving as human beings and not as cogs in the capitalist machine.

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Capitalist Quote by Edward S. Herman

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