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They lived in abysmal misery, yet they had no prospect of a better tomorrow. They existed under capitalism, yet there was no accumulation of capital.

— Paul A. Baran The Political Economy Of Growth (1957)

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More quotes by Paul A. Baran

As Hegel well knew, the ascent of reason has never followed a straight line.

The Political Economy Of Growth (1957)

In fact, all the additional knowledge gained by an irrationally constituted society may but enlarge and enhance the powers of death and destruction.

The Political Economy Of Growth (1957)

If society has a technical need, that helps science forward more than ten universities.

The Political Economy Of Growth (1957)

Indeed, I find it illuminating to consider to what extent our "classical conditions" for economic growth are satisfied in the current, monopolistic phase of capitalism.

The Political Economy Of Growth (1957)

One would think that the record of already existing regulatory agencies is sufficiently eloquent in showing that it is Big Business that does the regulating rather than vice versa.

The Political Economy Of Growth (1957)

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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: Paul A. Baran (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.