If you allow for a purely capitalistic society, without any type of regulation at all, you will get one monopoly that will eat all of the smaller fish and own everything, and then you'll have zero capitalism, zero competition - it would just be one g...
I wanted to be a venture capitalist and join Sequoia Capital. They've financed and helped built some really special and enormously successful companies, including Google, Yahoo, Paypal, YouTube, Cisco, Oracle, Apple, and also Zappos.
Capitalist cycle of profit. The rancher sells a cow for profit. The butcher sells cuts for profit. The restaurant sells meals for profit. And the patrons spend money for profit.
The modern spirit is a hesitant one. Spontaneity has given way to cautious legalisms, and the age of heroes has been superseded by a cult of specialization. We have no more giants; only obedient ants.
Work, work, proletarians, to increase social wealth and your individual poverty; work, work, in order that becoming poorer, you may have more reason to work and become miserable. Such is the inexorable law of capitalist production.
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 consumer...
In the perfect Capitalist State there would be no food available for the non-owner save when he was actually engaged in Production, and that absurdity would, by quickly ending all human lives save those of the owners, put a term to the arrangement.
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." & “These capitalists gene...
Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a...
If I were a capitalist I would not give my employees health insurance with no deductible, which I do, including dental, and paid pregnancy leave. That's not called capitalism, that's called being a Christian and someone who believes in democracy, so ...
There's something about China and its rush to capitalism that I find confusing. At the same time, we live in an America where capitalists oppose any government interference with free markets, while in China you have a very controlled, state-planned m...
Money has always been a particular problem for revolutionaries and anti-capitalists. What will money look like 'after the revolution'? How will it function? Will it exist at all? It's hard to answer the question if you don't know what money actually ...
When an industry matures, it means it's not advancing, and of course the jobs go overseas. That's the obligation of the multi-national corporation: to put the factory where it can make the widget as cheap as possible. Don't get angry when a corporati...
Buffett does enjoy being a billionaire, but in offbeat ways. As he put it, though money cannot change your health or how many people love you, it lets you be in 'more interesting environments.
Capitalists work hard to produce what consumers want. Artists who work too hard to produce what consumers want are often accused of selling out. Thus, even the languages of capitalism and art conflict: a firm that has 'sold out' has succeeded, but an...
Robinson Crusoe, the first capitalist hero, is a self-made man who accepts objective reality and then fashions it to his needs through the work ethic, common sense, resilience, technology, and, if need be, racism and imperialism.
This is the permanent tension that lies at the heart of a capitalist democracy and is exacerbated in times of crisis. In order to ensure the survival of the richest, it is democracy that has to be heavily regulated rather than capitalism.
It was his experience that life worked under the same guidelines as a capitalistic society. In order to get what you wanted, it was usually necessary to give up something in return. Sometimes gaining what you defined as everything meant losing what y...
Paradise, the capitalists promise, is right around the corner. True, mistakes have been made such as the Atlantic slave trade and the exploitation of the European working class, but we have learned our lesson and if we just wait a little longer and a...
I've been a foodie most of my life. I started when I lived for a year in Germany in my early 20s, and here was this new food environment, and I decided I needed to make sense of it. And I found it was the rules of economics that do the best job. Food...
The pressures and penalties of existence in the modern capitalist system are intense; and they are penalties not for what is consciously chosen, but for ways of life which are forced like strait-jackets on people. At its superficial level, there is a...
