Accumulation Quote by John Bellamy Foster

I suspect that one of capitalism's crucial assets derives from the fact that the imagination of economists, including its critics, lags well behind its…

— Zygmunt Bauman

“We begin with the proposition that capitalism is not chiefly an incentive system but an information system. We continue with the recognition, explained by…

— George Gilder

“In other words, low growth cannot adequately counterbalance the Marxist principle of infinite accumulation: the resulting equilibrium is not as apocalyptic as the one…

— Thomas Piketty

“A crucial part of the modern capitalist economy was the emergence of a new ethic, according to which profits ought to be reinvested in…

— Yuval Noah Harari

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

— Zygmunt Bauman

“...capitalism is too important and complex a subject to be left to economists. Achieving a critical comprehension of it requires perspectives beyond those characteristic…

— Jerry Z. Muller

When the rate of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and…

— Thomas Piketty

Indeed, I find it illuminating to consider to what extent our "classical conditions" for economic growth are satisfied in the current, monopolistic phase of…

— Paul A. Baran

“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to the fore…

— Joan Robinson

It appears then, that capitalist production comprises conditions independent of good or bad will, conditions which permit the working-class to enjoy that relative prosperity…

— Karl Marx

“The justification of capitalism is not that the economy grows faster than it grows under any other system ... not that the goods pour…

— M. Northrup Buechner

As a matter of fact, capitalist economy is not and cannot be stationary. Nor is it merely expanding in a steady manner. It is…

— Joseph A. Schumpeter