Immanuel Wallerstein Quotes

The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process.

The development of capitalism consists in everyone having the right to serve the consumer better or more cheaply.

Right now people seem to be very tentative about the positive benefits of capitalism.

Capitalism is a system for determining objective value.

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

Modernization is found in markets.

Capitalism in one century of growth has enormously increased its power, not only through expansion over the entire earth, but also through development into new forms

Although capitalism is, in principle, strongly individualistic, it has contributed in practice to reinforce the trend to integration, because it has made our lives more and more interdependent.

The United States believes that the greatest contribution we can make to world prosperity is the continued advocacy of the magic of the market place.

Any capitalism is superior to feudalism.

I think it's fairly easy to provide a moral defense of capitalism. It has been - over the last 200 years - the underlying basis for enormous increases in productivity and human welfare and rising living standards, particularly in the United States, and in the industrialized nations but in fact, in most parts of the world.

Capitalism is a development by refinement from feudalism, just as feudalism is development by refinement from slavery . Capitalism is but the gentlemen's method of slavery.

Capitalism or market economy is that system of social cooperation and division of labor that is based on private ownership of the means of production.

Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.

Whatever men live for, today most live only because of the market order.

The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.

Capitalism is not a perfect system. It may be better than all the other systems, but it's not a perfect system.

I don't know much about Capitalism, but I do know about Democracy and freedom, and if Capitalism may change in many, many ways, I'm not really very much interested in Capitalism.

Capitalism has been one of the most dynamic forces in human history, transforming one society after another, and today it has become established as an international system determining the economic fate of most of mankind.

If production be capitalistic in form, so, too, will be reproduction.

There is simply no other choice than this: either to abstain from interference in the free play of the market, or to delegate the entire management of production and distribution to the government. Either capitalism or socialism: there exists no middle way.

Every time I say the word capitalism, everyone just assumes I have plenty of Marxism in me, I do. But Russia and China had their bloody revolutions and even while they were Communist, they had the same idea about generating wealth - tear it out of the bowels of the earth. And now they have come out with the same idea in the end... you know, capitalism. But capitalism will fail, too.

The great dynamic success of capitalism had given us a powerful weapon in our battle against Communism-money.

The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens.

What is called 'capitalism' might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it.