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Capitalism often pursues profit at the expense of more urgent social needs and values. In this, capitalism is grossly inefficient.

— Richard D. Wolff COVID-19 and the Failures of Capitalism (2020)

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Capitalism

More quotes by Richard D. Wolff

Moving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth.

Marxian Economist (2020)

When workers make the decisions, you stop outsourcing jobs, you stop the wealth gap, you stop inequality.

Global Capitalism Monthly Update (2014)

There is no alternative ("Tina") to capitalism?

Yes, there is an alternative to capitalism: Mondragon shows the way (2012)

In America, we debate everything except Capitalism. If there's an institution in your society that' above criticism, you're giving it a free pass to indulge all of its weaknesses and darker tendencies.

[T]he most basic duty of any economic system: to protect and maintain public health and safety.

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I have no doubt that the revolution will triumph. The people of the world will prevail, seize power, seize the means of production, wipe out racism, capitalism.

Huey P. Newton Revolutionary Suicide (1973)

The most obvious negative feature of capitalism is that it can produce private monopolies that restrict output and thereby harm consumers.

Dennis Mueller The Oxford Handbook of Capitalism (2012)

The inherent vice of capitalism is the unequal sharing of blessings. The inherent virtue of Socialism is the equal sharing of miseries.

Winston Churchill

Capitalism has neither the capacity, nor the moral, nor the ethics, nor the will to solve the problems of poverty.

Fidel Castro

Attribution

Quote text and notes from Wikiquote: Richard D. Wolff (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.