Capitalism

1095 – Martin Luther King Jr on the Triple Evils

“Communism forgets that life is individual. Capitalism forgets that life is social, and the kingdom of brotherhood is found neither in the thesis of communism nor the antithesis of capitalism but in a higher synthesis. It is found in a higher synthesis that combines the truths of both. Now, when I say question the whole society, it means ultimately coming to see that the problem of racism, the problem of exploitation, and the problem of war are all tied together. These are the triple evils that are interrelated.”

-Martin Luther King Jr

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830 – “The United States can not hope to make a prosperous living without a strong manufacturing sector. The broader point, however, is that a nation must deliberately and constantly invest in its means of making a living. Nations that ‘[let] the free market decide’ what they should do for a living decline to the bottom of the economic food chain.”

–Demond Drummer

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829 – Grover Cleveland on Labor and Business

“A truly American sentiment recognizes the dignity of labor and the fact that honor lies in honest toil. Contented labor is an element of national prosperity. Ability to work constitutes the capital and the wage of labor the income of a vast number of our population, and this interest should be jealously protected. Our workingmen are not asking unreasonable indulgence, but as intelligent and manly citizens they seek the same consideration which those demand who have other interests at stake. They should receive their full share of the care and attention of those who make and execute the laws, to the end that the wants and needs of the employers and the employed shall alike be subserved and the prosperity of the country, the common heritage of both, be advanced.”

–Grover Cleveland, 22nd and 24th President of the United States of America

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514 – “Future historians may well look back upon our time and write, not about how many pounds of pesticide we did or didn’t apply, but by how willing we are to sacrifice our children and future generations for this massive genetic engineering experiment that is based on flawed science and failed promises just to benefit the bottom line of a commercial enterprise.”

–Don Huber, Professor Emeritus of Plant Pathology, Purdue University
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468 – “Like slavery and apartheid, poverty is not natural. It is man-made and it can be overcome and eradicated by the actions of human beings. And overcoming poverty is not a gesture of charity. It is an act of justice. It is the protection of a fundamental human right, the right to dignity and a decent life. While poverty persists, there is no true freedom.”

–Nelson Mandela

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337 – “[Capitalism is] remarkably resilient and can be traced to a process [called] ‘cheapness.’ … Seven ‘things,’ [which] aren’t physical objects as much as they are a hidden social, ecological and economic infrastructure: nature, money, work, care, food, energy, and lives. [Where] cheapness is a process of responding to economic crises by devaluing each of those [structures] so that capitalism can continue to concentrate wealth in the hands of the already-wealthy…. Capitalism values cheapness above all else.”

–Chris Winters

He was discussing Jason W Moore and Raj Patel’s book The History of the World in Seven Cheap Things with Raj Patel (more…)

276 – “Probably the greatest harm done by vast wealth is the harm that we of moderate means do ourselves when we let the vices of envy and hatred enter deep into our own natures. But there is another harm; and it is evident that we should try to do away with that. The great corporations which we have grown to speak of rather loosely as trusts are the creatures of the State, and the State not only has the right to control them, but it is duty bound to control them wherever the need of such control is shown.”

–Theodore Roosevelt, 26th President of the United States of America
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275 – “It is intolerable and indecent for a society to produce by overworking and underpaying human beings. Even if the product may cost more we in this country eventually accept the difference in cost because it is the man that counts – not the thing.”

–James Mitchell, 8th United States Secretary of Labor (1953-1961)
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235 – Lincoln’s Understanding of the Hired Laborer

“My understanding of the hired laborer is this: A young man finds himself of an age to be dismissed from parental control; he has for his capital nothing, save two strong hands that God has given him, a heart willing to labor, and a freedom to choose the mode of his work and the manner of his employer; he has got no soil nor shop, and he avails himself of the opportunity of hiring himself to some man who has capital to pay him a fair day’s wages for a fair day’s work. He is benefited by availing himself of that privilege. He works industriously, he behaves soberly, and the result of a year or two’s labor is a surplus of capital. Now he buys land on his own hook; he settles, marries, begets sons and daughters, and in the course of time he too has enough capital to hire some new beginners.”

-Abraham Lincoln, 16th President of the United States of America

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