Quotes about capitalist-economy
capitalist-economy identity movement
The organized labor movement as it is constituted today is as much a concomitant of a capitalist economy as is capital. Organized labor is predicated upon the basic premise of collective bargaining between employers and employees. This premise can obtain only for an employer-employee type of society. If the labor movement is to maintain its own identity and security, it must of necessity protect that kind of society. Saul Alinsky
capitalist-economy roles cash
The crucial role of the rich in a capitalist economy is... to invest; to provide unencumbered and unbureaucratized cash. George Gilder
capitalist-economy usury sin
No economic activity was more irrepressible [in the 14th century] than the investment and lending at interest of money; it was the basis for the rise of the Western capitalist economy and the building of private fortunes-and it was based on the sin of usury. Barbara Tuchman
capitalist-economy routine employment
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not, Janet Yellen
capitalist-economy liberty libertarian
Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire. Ludwig von Mises
capitalist-economy way impossible
Workers do not strike every day, they cannot do that the way they function in the capitalist economy. The way they have to live by selling their labor power makes that impossible. Ernest Mandel
capitalist-economy justice goal
Between the Great Depression and the 1970s, private business was viewed with suspicion even in most capitalist economies. Businesses were, so the story goes, seen as anti-social agents whose profit-seeking needed to be restrained for other, supposedly loftier, goals, such as justice, social harmony, protection of the weak and even national glory. Ha-Joon Chang