Hyper-Capitalism

563 – Quote from “Social Justice and the Emerging New Age”

“There are certain things in our nation and in the world which I am proud to be maladjusted and which I hope all men of good-will will be maladjusted until the good societies realize — I say very honestly that I never intend to become adjusted to — segregation and discrimination. I never intend to become adjusted to religious bigotry. I never intend to adjust myself to economic conditions that will take necessities from the many to give luxuries to the few. I never intend to adjust myself to the madness of militarism, to self-defeating effects of physical violence.”

–Martin Luther King, Jr

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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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263 – “In a democracy, everyone gets to participate in the decisions that affect their lives. But that’s impossible if people don’t have access to the goods they need to survive – if they’re hungry or homeless or sick. And the reality is that when goods are rationed by the market, fewer people have access to them. Markets are places of winners and losers. You don’t get what you need – you get what you can afford.”

–Ben Tarnoff
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