Tag: Capitalism

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2008-02-02 Unbridled capitalism, winner takes all like in America, does not work unless you can cope with an underclass. So here we also stay with the losers, make sure they have enough to live on, with healthcare, equal education opportunities for their children whose parents can no longer afford it. It's very important they not feel abandoned. So we have workfare and ingenuous ways to keep them working as we don't want layabouts doing nothing. We also subsidize homes which they would not be able to buy. A society can only survive if there is a sense of equity and fair play.
-- Lee Kuan Yew, Singapore's Minister Mentor, interviewed by Arnaud de Borchgrave
2007-11-01 Globalization: The spread of capitalism across the globe along with the intensification of international trade and the diffusion of manufacturing, investment and finance.
-- According to Barry R. Posen, in his article, The Case for Restraint -- Foreign policy after George W. Bush
2007-09-17 "Well, the shock doctrine, like all doctrines, is a philosophy of power. It’s a philosophy about how to achieve your political and economic goals. And this is a philosophy that holds that the best way, the best time, to push through radical free-market ideas is in the aftermath of a major shock. Now, that shock could be an economic meltdown. It could be a natural disaster. It could be a terrorist attack. It could be a war. But the idea, as you just saw in the film, is that these crises, these disasters, these shocks soften up whole societies. They discombobulate them. People lose their bearings. And a window opens up, just like the window in the interrogation chamber. And in that window, you can push through what economists call “economic shock therapy.” That’s sort of extreme country makeovers. It’s everything all at once. It’s not, you know, one reform here, one reform there, but the kind of radical change that we saw in Russia in the 1990s, that Paul Bremer tried to push through in Iraq after the invasion. So that’s the shock doctrine.

And it’s not claiming that right-wingers in a contemporary age are the only people who have ever exploited crisis, because this idea of exploiting a crisis is not unique to this particular ideology. Fascists have done it. State communists have done it. But this is an attempt to better understand the ideology that we live with, the dominant ideology of our time, which is unfettered market economics."
-- Naomi Klein, investigative journalist, in her new book, "The Shock Doctrine: The Rise of Disaster Capitalism"
2007-09-17 "Some of the most infamous human rights violations of the past thirty-five years, which have tended to be viewed as sadistic acts carried out by anti-democratic regimes, were in fact either committed with the deliberate intent of terrorizing the public or actively harnessed to prepare the ground for the introduction of radical free-market reforms."
-- Naomi Klein, investigative journalist, in her new book, "The Shock Doctrine: The Rise of Disaster Capitalism"
2007-08-18 "Capitalism is the worst system. It makes Muslims and non-Muslims alike suffer. To negotiate with global capitalism, you need to oppose to it another global system: the Islamic caliphate."
-- Muhammad Ismail Yusanto, the leader of Hizb ut-Tahrir, Indonesia, told Libération
1981 For the period after the end of Second World War, the United States gained increasing prominence as the leading power of imperialist reaction, taking Germany’s place in this respect... And its ruling class managed, particularly during the imperialist era, to have the democratic forms so effectively preserved that by democratically legal means, it achieved a dictatorship of monopoly capitalism at least as firm as that which Hitler set up by tyrannical procedures...And this democracy could, in substance, realize everything sought by Hitler.
-- Gyorgy Lukacs -The Destruction of Reason (Humanities Press, Atlantic Highlands, 1981 at pp.765,770.
1970 "From 1946 to 1969, the United States government spent over $1,000 billion on the military, more than half of this under the Kennedy and Johnson administrations - the period during which the [Pentagon-dominated] state management was established as a formal institution. This sum of staggering size (try to visualize a billion of something) does not express the cost of the military establishment to the nation as a whole. The true cost is measured by what has been foregone, by the accumulated deterioration in many facets of life by the inability to alleviate human wretchedness of long duration."
-- Seymour Melman (1917-2004), a professor of industrial engineering and operations research at Columbia University, in his book, Pentagon Capitalism: The Political Economy of War (pages. 2-3)
1967 Andre Gunder Frank published Capitalism and Underdevelopment in Latin America proposing a Neo-Marxist theory that adapted Lenin’s theory of imperialism to geopolitical regions that were not colonialised but were underdeveloped and suffered with lack of health care, inequality. See also modernization and dependency theories. His dependency theory was widely adopted in the social sciences. Frank’s dependency theory was incorporated into the theology of liberation
1937 "Every revolutionary opinion draws part of its strength from a secret conviction that nothing can be changed".
Bourgeois socialists were prepared to demand the death of capitalism and the destruction of the British empire only because they knew that these things were unlikely to happen.

"For, apart from any other consideration, the high standard of life we enjoy in England depends upon keeping a tight hold on the Empire - in order that England may live in comparative comfort, a hundred million Indians must live on the verge of starvation - an evil state of affairs, but you acquiesce in it every time you step into a taxi or eat a plate of strawberries and cream."

The middle-class socialist "is perfectly ready to accept the products of Empire and to save his soul by sneering at the people who hold the Empire together".
-- George Orwell
A movement of the petty bourgeoisie reacting to a loss of political importance in society. It has two faces, one revolutionary, the other conservative. It starts by emphasizing its first face but it soon allies with capitalism and turns on its revolutionary wing.
-- Antonio Gramsci, Communist thinker and co-founder of the Italian Communist Party

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