Capitalism has shortfalls. It doesn't necessarily take care of the poor, and it underfunds innovation, so we have to offset that.
Related Quotes
Capitalism has worked very well. Anyone who wants to move to North Korea is welcome.
We Social-Democrats always stand for democracy, not "in the name of capitalism," but in the name of clearing the path for our movement, which clearing is impossible without the development of capitalism.
Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy remains in full force.
Bourgeois democracy, although a great historical advance in comparison with medievalism, always remains, and under capitalism is bound to remain, restricted, truncated, false and hypocritical, a paradise for the rich and a snare and deception for the exploited, for the poor.
When feudalism was overthrown and "free" capitalist society appeared in the world, it at once became apparent that this freedom meant a new system of oppression and exploitation of the working people.
The progressive historical role of capitalism may be summed up in two brief propositions: increase in the productive forces of social labour, and the socialisation of that labour. But both these facts manifest themselves in extremely diverse processes in different branches of the national economy.
Popular Authors
