--- title: "Meaning & Key Takeaway of: Capitalism is in crisis." description: "\"Capitalism is in crisis.\" — Lech Walesa" image: "https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png" --- # Capitalism is in crisis. ![“Capitalism is in crisis.” quote by Lech Walesa](https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png) [Download](https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png) [Open image](https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png) > “Capitalism is in crisis.” [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The statement asserts that the current economic system is experiencing severe problems. **In simple terms:** Capitalism is facing major difficulties. Key Takeaway Consider reforms to address systemic issues. Themes economics politics crisis systemic reform inequality Mood urgent critical concerned Type political economic diagnostic When to use this quote - business strategy - government policy - social activism - financial planning Key Concepts market dynamics social welfare policy failure Questions to Reflect On - What specific failures are most evident? - How can alternative models mitigate these crises? A Different Perspective The claim may lack nuance about regional variations. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Capitalism Crisis](https://sms4smile.com/quotes/about/capitalism-crisis-902971/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Economics](https://sms4smile.com/quotes/about/economics/) ## Related quotes > [We are often told that capitalism is in crisis, but look around the world and you'll see that it has never been so buoyant.](https://sms4smile.com/quotes/kwasi-kwarteng/we-are-often-told-that-capitalism-is-in-crisis-but-look-around-the/) [Kwasi Kwarteng](https://sms4smile.com/quotes/author/kwasi-kwarteng/) > [The first and probably most fundamental aspect of this crisis is that we are now close to the commodification of everything. That is, historical…](https://sms4smile.com/quotes/immanuel-wallerstein/the-first-and-probably-most-fundamental-aspect-of-this-crisis-is-that/) [Immanuel Wallerstein](https://sms4smile.com/quotes/author/immanuel-wallerstein/) > [Capitalism is in crisis both morally, due to widening disparities of income and wealth and disclosures of abusive practices, and ecologically, due to its…](https://sms4smile.com/quotes/richard-a-falk/capitalism-is-in-crisis-both-morally-due-to-widening-disparities-of/) [Richard A. Falk](https://sms4smile.com/quotes/author/richard-a-falk/) > [For me, it is clear that we are currently in a period of structural crisis of capitalism going back to the 1970s, but deepening…](https://sms4smile.com/quotes/john-bellamy-foster/for-me-it-is-clear-that-we-are-currently-in-a-period-of-structural/) [John Bellamy Foster](https://sms4smile.com/quotes/author/john-bellamy-foster/) > [The prevailing ideology of the modern west - which is political economy - is in the doghouse. Having failed to notice atmospheric pollution, the…](https://sms4smile.com/quotes/james-buchan/the-prevailing-ideology-of-the-modern-west-which-is-political-economy/) [James Buchan](https://sms4smile.com/quotes/author/james-buchan/) > [The crisis is the price for the capitalist system](https://sms4smile.com/quotes/muhammad-yunus/the-crisis-is-the-price-for-the-capitalist-system/) [Muhammad Yunus](https://sms4smile.com/quotes/author/muhammad-yunus/) > [I have a simple plan to solve the economic crisis. Give every American a $100 credit to the dog track of their choice. I…](https://sms4smile.com/quotes/willie-geist/i-have-a-simple-plan-to-solve-the-economic-crisis-give-every-american/) [Willie Geist](https://sms4smile.com/quotes/author/willie-geist/) > [There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also…](https://sms4smile.com/quotes/peer-steinbruck/there-are-still-deep-seated-structural-problems-that-threaten-the/) [Peer Steinbruck](https://sms4smile.com/quotes/author/peer-steinbruck/) > [In a normal time, I don't think economic policy makes a large difference one way or another. But in times of crisis it makes…](https://sms4smile.com/quotes/mark-zandi/in-a-normal-time-i-don-t-think-economic-policy-makes-a-large/) [Mark Zandi](https://sms4smile.com/quotes/author/mark-zandi/) > [Fundamentally transforming the foundations of the economy is the biggest contribution we can make towards building a sustainable future. The current economic crisis may…](https://sms4smile.com/quotes/jonathon-porritt/fundamentally-transforming-the-foundations-of-the-economy-is-the/) [Jonathon Porritt](https://sms4smile.com/quotes/author/jonathon-porritt/) > [“Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises…](https://sms4smile.com/quotes/nassim-nicholas-taleb/suckers-think-that-you-cure-greed-with-money-addiction-with/) [Nassim Nicholas Taleb](https://sms4smile.com/quotes/author/nassim-nicholas-taleb/) > [Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty…](https://sms4smile.com/quotes/anna-lindh/firstly-economic-globalisation-has-brought-prosperity-and-development/) [Anna Lindh](https://sms4smile.com/quotes/author/anna-lindh/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) ## More by Lech Walesa > [The fall of the Berlin Wall makes for nice pictures. But it all started in the shipyards.](https://sms4smile.com/quotes/lech-walesa/the-fall-of-the-berlin-wall-makes-for-nice-pictures-but-it-all/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [I made the right decisions, I set everything on the right course, the reforms are going in the right direction.](https://sms4smile.com/quotes/lech-walesa/i-made-the-right-decisions-i-set-everything-on-the-right-course-the/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [Up to the 20th century, we can say that this whole period was an Earth epoch, 'Earth' meaning the riches of the earth, simple…](https://sms4smile.com/quotes/lech-walesa/up-to-the-20th-century-we-can-say-that-this-whole-period-was-an-earth/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [I think if I got a bicycle from my father, I should give a car to my son.](https://sms4smile.com/quotes/lech-walesa/i-think-if-i-got-a-bicycle-from-my-father-i-should-give-a-car-to-my/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [You should go to the polls, organize yourself. But once lawmakers are chosen, they must be respected.](https://sms4smile.com/quotes/lech-walesa/you-should-go-to-the-polls-organize-yourself-but-once-lawmakers-are/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [If once again Germany destabilizes Europe, then Germany will be not be divided again, but wiped off the map. East and West have the…](https://sms4smile.com/quotes/lech-walesa/if-once-again-germany-destabilizes-europe-then-germany-will-be-not-be/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [I risked my life.](https://sms4smile.com/quotes/lech-walesa/i-risked-my-life/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [There is something of the warrior in me.](https://sms4smile.com/quotes/lech-walesa/there-is-something-of-the-warrior-in-me/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [Communism is a monopolistic system, economically and politically.](https://sms4smile.com/quotes/lech-walesa/communism-is-a-monopolistic-system-economically-and-politically/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [ \[Without Pope John Paul II\] there would be no end of Communism or at least much later, and the end would have been bloody. ](https://sms4smile.com/quotes/lech-walesa/without-pope-john-paul-ii-there-would-be-no-end-of-communism-or-at/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [You have riches and freedom here but I feel no sense of faith or direction. You have so many computers, why don't you use…](https://sms4smile.com/quotes/lech-walesa/you-have-riches-and-freedom-here-but-i-feel-no-sense-of-faith-or/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [The hope of the nation which throughout the nineteenth century had not for a moment reconciled itself with the loss of independence, and fighting…](https://sms4smile.com/quotes/lech-walesa/the-hope-of-the-nation-which-throughout-the-nineteenth-century-had/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [We have travelled so far in our technical advancements that we are no longer located in our own countries.](https://sms4smile.com/quotes/lech-walesa/we-have-travelled-so-far-in-our-technical-advancements-that-we-are-no/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [We hold our heads high, despite the price we have paid, because freedom is priceless.](https://sms4smile.com/quotes/lech-walesa/we-hold-our-heads-high-despite-the-price-we-have-paid-because-freedom/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) > [When he saw injustice, he wanted to do away with it. He saw communism, and he wanted to put an end to it.](https://sms4smile.com/quotes/lech-walesa/when-he-saw-injustice-he-wanted-to-do-away-with-it-he-saw-communism/) [Lech Walesa](https://sms4smile.com/quotes/author/lech-walesa/) [Explore all 113 Lech Walesa quotes ](https://sms4smile.com/quotes/author/lech-walesa/) ## More Capitalism quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/) [Gore Vidal](https://sms4smile.com/quotes/author/gore-vidal/) > [ Neither Italian fascism nor German national "socialism" have anything in common with such a \[Soviet socialistic\] society, primarily because private ownership of factories, plants,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/) [Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/) > [Corporations have nothing to do with values, and they know it, and sometimes say it.](https://sms4smile.com/quotes/eric-kierans/corporations-have-nothing-to-do-with-values-and-they-know-it-and/) [Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) [F. A. Harper](https://sms4smile.com/quotes/author/f-a-harper/) > [The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…](https://sms4smile.com/quotes/anonymous/the-free-market-is-ugly-and-stupid-like-going-to-the-mall-the-unfree/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Capitalism, communism ... it's all garbage.](https://sms4smile.com/quotes/mstislav-rostropovich/capitalism-communism-it-s-all-garbage/) [Mstislav Rostropovich](https://sms4smile.com/quotes/author/mstislav-rostropovich/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…](https://sms4smile.com/quotes/robert-kuttner/it-is-more-than-a-little-ironic-that-capital-accumulation-once-a/) [Robert Kuttner](https://sms4smile.com/quotes/author/robert-kuttner/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [Socialism is humanity's second nature. All politicians do is turn human vice into votes.](https://sms4smile.com/quotes/ilana-mercer/socialism-is-humanity-s-second-nature-all-politicians-do-is-turn/) [Ilana Mercer](https://sms4smile.com/quotes/author/ilana-mercer/) > [“Scholars have long debated whether capital markets lead to appropriate levels of saving and investment for future generations.”](https://sms4smile.com/quotes/david-l-weimer/scholars-have-long-debated-whether-capital-markets-lead-to/) [David L. Weimer](https://sms4smile.com/quotes/author/david-l-weimer/) > [“A car is one of the most interesting inventions, but driving is one of the most boring activities.”](https://sms4smile.com/quotes/mokokoma-mokhonoana/a-car-is-one-of-the-most-interesting-inventions-but-driving-is-one-of/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) [Browse all 3,832 Capitalism quotes ](https://sms4smile.com/quotes/about/capitalism/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Capitalism is in crisis.", "creator": { "@type": "Person", "name": "Lech Walesa" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/lech-walesa/capitalism-is-in-crisis/", "about": { "@type": "Thing", "name": "Capitalism" }, "@id": "https://sms4smile.com/quotes/lech-walesa/capitalism-is-in-crisis/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png", "contentUrl": "https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png", "url": "https://sms4smile.com/quotes/i/ca9/lech-walesa-4311_capitalism_capitalism-is-in-crisis-1675404_1675404.png", "width": 1080, "height": 1080, "caption": "“Capitalism is in crisis.” — Lech Walesa", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Lech Walesa", "item": "https://sms4smile.com/quotes/author/lech-walesa/" }, { "@type": "ListItem", "position": 4, "name": "Capitalism is in crisis.", "item": "https://sms4smile.com/quotes/lech-walesa/capitalism-is-in-crisis/" } ], "@id": "https://sms4smile.com/quotes/lech-walesa/capitalism-is-in-crisis/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```