Capitalism Quote by Michael Parenti
““The diseconomies of capitalism are treated as the public's responsibility. Corporate America skims the cream and leaves the bill for us to pay, then boasts about how productive and efficient it is and complains about our wasteful government.””
About This Quote
Source Speech: Economic critique, 2015
Capitalism’s hidden costs are shifted to the public while corporations claim efficiency.
In simple terms: Corporate gains often come at public expense.
Demand accountability for economic externalities.
Themes
Mood
Type
When to use this quote
- policy debates
- public budgeting
- consumer activism
Key Concepts
Questions to Reflect On
- Who bears the true cost?
- How can policy rebalance burdens?
Corporate efficiency claims can overlook systemic inequities.