Capitalism Failure Quotes

Capitalism has always been a failure for the lower classes. It is now beginning to fail for the middle classes.

The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.

Capitalism in Russia has spawned far more Al Capones than Henry Fords.

Another similarity of Brexit and Trump's campaigns was an attack on so-called elites. This is not so much a failure of capitalism as of its high priests in the economic profession, for which we must all take some responsibility.

The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a failure of capitalism.

Soviet-style communism failed, not because it was intrinsically evil, but because it was flawed. It allowed too few people to usurp too much power. Twenty-first century market capitalism, American-style, will fail for the same reasons. Both are edifices constructed by human intelligence, undone by human nature.

The promise of Western capitalism of ever rising rates of pay has turned out to be the cheque that bounced

There is a fundamentalist belief by capitalists that capital will save the world, and it just isn't so.

The biggest threat to this country isn't the Russians. It's our own inability to make democracy or capitalism work.

One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary.

There's no doubt whatsoever that there's no future in capitalism. It's probably no more than 500 years old, and it's demonstrating over and over again that it is destroying the world.

I believe capitalism is dying a slow death right now, as you can see with the recession and with the credit crunch and with social and economic dismay the world as whole and the pandemic of promiscuity, drugs, alcohol and all the other diseases. That's the worst and I believe it's time for a change.

In America it is the so-called capitalist who is to blame for the fulfillment of Marx's prophecies. Beguiled by the state's siren song of special privilege, the capitalists have abandoned capitalism.