Capitalism Quote by Immanuel Wallerstein

“it was the wars of the twentieth century that wiped away the past to create the illusion that capitalism had been structurally transformed.”

— Thomas Piketty

“The great bourgeois revolutions of modern times offered an ideology of sweeping political reconstitution, but in reality they merely certified the social dominance of…

— Murray Bookchin

Ingeniously, capitalism discovered that the economy may be moved not by satisfying existing needs, but by creating new ones.

— Zygmunt Bauman

The more the development of late capitalism renders obsolete or at least suspect the real possibilities of self, self-fulfillment and actualization, the more they…

— Richard Rosen

Capitalism arose and took off its pajamas. Another day, another dollar. Each man is valued at what he will bring in the marketplace. Meaning…

— Donald Barthelme

“It was the ideas of the classical economists that removed the checks imposed by age-old laws, customs, and prejudices upon technological improvement and freed…

— Ludwig von Mises

The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should…

— John Kenneth Galbraith

Economy and ideology. The claim (presented as an essential postulate of historical materialism) that every fluctuation of politics and ideology can be presented and…

— Antonio Gramsci

The characteristic mark of economic history under capitalism is unceasing economic progress, a steady increase in the quantity of capital goods available, and a…

— Ludwig von Mises

The modern history of economic theory is a tale of evasions of reality.

— Thomas Balogh, Baron Balogh

“The Great Transformation (1944) that ‘the utopian experiment of a self-regulating market will be no more than a memory’. In the 1980s, the decade…

— Pankaj Mishra

The Capitalist system with its exploitation of those who are economically weak, with its robbery of the workers labour power, with its unethical way…

— Gregor Strasser