Most every charge you level at American capitalism applies with equal force to communism, with this nice difference, that the Reds make no pretense at such frivolities as civil liberties or environmentalism. The differences in degree are so great that they result in a radical difference in kind.
[A]s long as individuals are compelled to rent themselves on the market to those who are willing to hire them, as long as their role in production is simply that of ancillary tools, then there are striking elements of coercion and oppression that make talk of democracy very limited, if meaningful.
This planet was a marketplace where evil tugged murderously at its chains. Its spies were everywhere. At windy corners where young girls with knowing children’s faces were selling flowers and matches, on the operating tables at the hospitals, in the slums, at railway stations, under viaducts.
And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy.
Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman's tool is values; the bureaucrat's tool is fear.
Forty-five years, these people were provided for. Not with much, you understand, but there weren't beggars in the streets or homeless people. Now everyone must figure out a new way to make a living. Selling hats or popcorn or flowers or coffee, there's not much difference. They're scared.
In a capitalist world, the word capital has taken on more and more uses. . . . human capital, for instance, which is what labor accumulates through education and work experience. Human capital differs from the classic kind in that you can't inherit it, and it can only be rented, not bought or sold.
Capitalism is not merely a system for the efficient production and distribution of goods and services; it also incarnates and promotes a particular moral order, an institutionalized normative worldview comprising and fostering particular assumptions, narratives, commitments, beliefs, values, and goals.
People who dismiss the unemployed and dependent as ‘parasites’ fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Such is the ruling class in a capitalist society.
Have you ever noticed how statists are constantly “reforming” their own handiwork? Education reform. Health-care reform. Welfare reform. Tax reform. The very fact they’re always busy “reforming” is an implicit admission that they didn’t get it right the first 50 times.
There was a period when the capitalist system increased the well-being of significant numbers of people as a by-product of seeking out profits for a few, but today the quests for profits comes into sharp conflict with people’s demands that their material and social needs should be fulfilled. Pg. 10
There might be some sort of justification for the savage societies in which a man had to expect that enemies could murder him at any moment and had to defend himself as best as he could. But there can be no justification for a society in which a man is expected to manufacture the weapons for his own murderers.
They cannot see that growth for the sake of growth is a cancerous madness, that Phoenix and Albuquerque will not be better cities to live in when their populations are doubled again and again. They would never understand that an economic system which can only expand or expire must be false to all that is human.
Most of us have no sympathy with the rich idler who spends his life in pleasure without ever doing any work. But even he fulfills a function in the life of the social organism. He sets an example of luxury that awakens in the multitude a consciousness of new needs and gives industry the incentive to fulfill them.
Confronted with this double madness of the labourers killing themselves with over-production and vegetating in abstinence, the great problem of capitalist production is no longer to find producers and to multiply their powers but to discover consumers, to excite their appetites and create in them fictitious needs.
