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One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.

— Jim Stanford Economics For Everyone (2008)

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Capitalism

More quotes by Jim Stanford

The problem is not scarcity; the problem is power.

Economics For Everyone (2008)

Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").

Economics For Everyone (2008)

Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Economics For Everyone (2008)

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Economics For Everyone (2008)

Economics is a social science, not a physical science.

Economics For Everyone (2008)

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