Predatory capitalism created a complex industrial system and an advanced technology; it permitted a considerable extension of democratic practice and fostered certain liberal values, but within limits that are now being pressed and must be overcome. It is not a fit system for the mid-twentieth century.
Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration. Capital has its rights, which are as worthy of protection as any other rights.
Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.
Capitalism is at its liberating best in a noncapitalist environment. The crypto-businessman is the true revolutionary in a Communist country.
The free market tide has now receded. In its place has come state capitalism, a system in which the state functions as the leading economic actor and uses markets primarily for political gain.
We cant do anything to change the world until capitalism crumbles. In the meantime we should all go shopping to console ourselves.
Suppose you have two religions. Thought defines religion the thought about the nature of God and various questions like that. Such thought is very important because it is about God, who is supposed to be supreme. The thought about what is of supreme value must have the highest force. So if you disagree about that, the emotional impact can be very great, and you will then have no way to settle it. Two different beliefs about God will thus produce intense fragmentation similarly with thoughts about the nature of society, which is also very important, or with ideologies such as communism and capitalism, or with different beliefs about your family or about your money. Whatever it is that is very important to you, fragmentation in your thought about it is going to be very powerful in its effects.
To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. The moral pieties, that are voiced today by many well-meaning environmentalists, are as naive as the moral pieties of multinationals are manipulative. Capitalism can no more be 'persuaded' to limit growth than a human being can be 'persuaded' to stop breathing. Attempts to 'green' capitalism, to make it 'ecological', are doomed by the very nature of the system as a system of endless growth.
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