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Modern capitalism appears totally incapable of mobilizing these untapped human and resources.

— Michel Chossudovsky The Globalization of Poverty and the New World Order - Second Edition (2003)

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Capitalism

More quotes by Michel Chossudovsky

According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Macro-economic reform undermined the legal economy, reinforced illicit trade and contributed to the recycling of "dirty money" towards Peru's official and commercial creditors.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Global poverty is an "input" on the supply side; the global economic system feeds on cheap labor.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Lost in the barrage of images and self-serving analysis are the economic and social causes of the conflict.

The Globalization of Poverty and the New World Order - Second Edition (2003)

Both Hindu, as well as Islamic fundamentalism, feed on the poverty of the masses.

The Globalization of Poverty and the New World Order - Second Edition (2003)

All Michel Chossudovsky quotes →

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