This site is dedicated to the memory of Dr. Alan William Smolowe who gave birth to the creation of this database.
Ecology's implications for capitalism are too momentous for the capitalist to contemplate. [The plutocrats] are more wedded to their wealth than to the Earth upon which they live, more concerned with the fate of their fortunes than with the fate of humanity. The present ecological crisis has been created by the few at the expense of the many. In other words, the struggle over environmentalism is part of the class struggle itself, a fact that seems to have escaped many environmentalists but is well understood by the plutocrats---which is why they are unsparing in their derision and denunciations of the 'eco-terrorists' and 'tree huggers.'
Capitalism | Earth | Fate | Present | Struggle | Wealth | Fate | Crisis |
The goal of a good society is to structure social relations and institutions so that cooperative and generous impulses are rewarded, while antisocial ones are discouraged. The problem with capitalism is that it best rewards the worst part of us: ruthless, competitive, conniving, opportunistic, acquisitive drives, giving little reward and often much punishment -- or at least much handicap -- to honesty, compassion, fair play, many forms of hard work, love of justice, and a concern for those in need.
Capitalism | Giving | Good | Little | Love | Punishment | Reward | Society | Society |
Milton Friedman, fully John Milton Friedman
Industrial progress, mechanical improvement, all of the great wonders of the modern era have meant relatively little to the wealthy. The rich in Ancient Greece would have benefited hardly at all from modern plumbing : running servants replaced running water. Television and radio? The Patricians of Rome could enjoy the leading musicians and actors in their home, could have the leading actors as domestic retainers. Ready-to-wear clothing, supermarkets - all these and many other modern developments would have added little to their life. The great achievements of Western Capitalism have redounded primarily to the benefit of the ordinary person. These achievements have made available to the masses conveniences and amenities that were previously the exclusive prerogative of the rich and powerful.
Capitalism | Era | Little | Television |
Milton Friedman, fully John Milton Friedman
The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.
Depression | Money | Reserve |
Milton Friedman, fully John Milton Friedman
It is a striking historical fact that the development of capitalism has been accompanied by a major reduction in the extent to which particular religious, racial, or social groups have operated under special handicaps in respect of their economic activities; have, as the saying goes, been discriminated against. The substitution of contract arrangements for status arrangements was the first step toward the freeing of the serfs in the Middle Ages. The preservation of Jews through the Middle Ages was possible because of the existence of a market sector in which they could operate and maintain themselves despite official persecution. Puritans and Quakers were able to migrate to the New World because they could accumulate the funds to do so in the market despite disabilities imposed on them in other aspects of their life.
Capitalism | Existence | Respect | World | Respect |
Milton Friedman, fully John Milton Friedman
I think a major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there’s something wrong, pass a law and do something about it... The argument has always been made that the trouble with capitalism is that it’s materialistic, while collectivism can afford to pay attention to the nonmaterial. But the experience has been the opposite. There are no societies that have emphasized the purely material requisites of well-being as much as the collectivist…it is in the free societies that there has been a far greater development of the nonmaterial, spiritual, artistic aspects of well-being.
Argument | Attention | Capitalism | Experience | Law | Reason | Trouble | Think |
Milton Friedman, fully John Milton Friedman
Why has there been so great a shift in the attitudes of the public [toward accepting free market ideas]? I’m sorry to confess that I do not believe it occurred because of the persuasive power of such books as Friedrich Hayek’s Road to Serfdom or Ayn Rand’s Fountainhead or Atlas Shrugged or our own Capitalism and Freedom. Such books certainly played a role, but I believe the major reason for the change is the extraordinary force of factual evidence.…The great hopes that had been placed in Russia and China by the collectivists and socialists turned into ashes.…Similarly, the hopes that were placed in Fabian socialism and the welfare state in Britain or the New Deal in the United States were disappointed. One major government program after another started with the very best aims and with noble objectives and turned out not to deliver the goods.…Ideas played their part. But they played their part not by producing a reaction against the spread of government but by determining the form that that reaction took. The role we play as intellectuals is not to persuade anybody but to keep options open and to provide alternative policies that can be adopted when people decide they have to make a change.
Aims | Books | Capitalism | Change | Force | Government | Objectives | People | Play | Power | Public | Reason | Government |
To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. The moral pieties, that are voiced today by many well-meaning environmentalists, are as naive as the moral pieties of multinationals are manipulative. Capitalism can no more be 'persuaded' to limit growth than a human being can be 'persuaded' to stop breathing. Attempts to 'green' capitalism, to make it 'ecological', are doomed by the very nature of the system as a system of endless growth.
Capitalism | Growth | Nature | System |
Nachman of Breslov, aka Reb Nachman Breslover or Bratslav, Nachman from Uman NULL
It is a great thing to hear music from a holy person playing on an instrument for the sake of heaven. Because through this, false fantasies are dismissed, the spirit of depression is dispelled, and the person merits happiness. Through this the memory is preserved, that is, the memory of the world to come, and a person is able to understand the hints that Hashem is constantly hinting to him everyday. Furthermore, through this a person can reach the level of the spirit of prophecy and divine inspiration, and he will be able to pour out his heart like water before Hashem.
Depression | Heart | Memory | Music | Prophecy | Spirit | Will | World | Understand |
Oswald Spengler, fully Oswald Manuel Arnold Gottfried Spengler
Socialism is nothing but the capitalism of the lower classes
Capitalism | Nothing |
There's nothing wrong with capitalism that ethics wouldn't cure.
Capitalism | Ethics | Nothing | Wrong |
Natural capitalism is not about making sudden changes, uprooting institutions, or fomenting upheaval for a new social order. Natural capitalism is about making small, critical choices that can tip economic and social factors in positive ways.
Paul Samuelson, fully Paul Anthony Samuelson
Reasonable men are not reasonable when you're in the bubbles which have characterized capitalism since the beginning of time.
Beginning | Capitalism | Men |
Peter L. Berger, fully Peter Ludwig Berger
But we don’t have an example of a democratic society existing in a socialist economy – which is the only real alternative to capitalism in the modern world.
Capitalism | Example | Society | Society |
Peter F. Drucker, fully Peter Ferdinand Drucker
Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior.
Belief | Capitalism | Creed | Equality | Freedom | Individual | Order | Progress | Society | Society |
To have courage means to claim your freedom, to reconnect with your will power, to reach the source of your resoluteness and determination as a person ... Seizing that freedom, claiming that truth, actually living out our lives in the experience of our freedom means being wiling to face grave anxiety, uncertainty, and doubt. It means facing guilt, anger, and depression -- what Saint John of the Cross called "the dark night of the soul" and Jonas called "the belly of the whale." It means that we accept pain as natural to growth, as the actual feeling of maturation. We recognize that the meaning of life is to be deep rather than to have fun, to understand rather than be entertained, to see rather than to be blind. We come face-to-face with our self-deception, with how we deny our true nature. We discover the perniciousness of ignorance and the worthlessness of superficiality. And these become emotional insights and experienced confirmations.
Courage | Depression | Determination | Experience | Freedom | Grave | Ignorance | Life | Life | Meaning | Means | Pain | Will | Understand |
Pope John Paul II, born Karol Józef Wojtyła, aka Saint John Paul the Great NULL
The Church's social doctrine is not a third way between liberal capitalism and Marxist collectivism, nor even a possible alternative to other solutions less radically opposed to one another: rather, it constitutes a category of its own.
Capitalism | Doctrine |
A little reflection soon shows how inconceivable it is really to love others (not merely to need them), if one cannot love oneself as one really is. And how could a person do that if, from the very beginning, he has had no chance to experience his true feelings and to learn to know himself? For the majority of sensitive people, the true self remains deeply and thoroughly hidden. But how can you love something you do not know, something that has never been loved? So it is that many a gifted person lives without any notion of his or her true self. Such people are enamored of an idealized, conforming, false self. They will shun their hidden and lost true self, unless depression makes them aware of its loss or psychosis confronts them harshly with that true self, whom they now have to face and to whom they are delivered up, helplessly, as to a threatening stranger. In the following pages I am trying to come closer to the origins of this loss of the self. While doing so, I shall not use the term narcissism. However, in my clinical descriptions, I shall speak occasionally of a healthy narcissism and depict the ideal case of a person who is genuinely alive, with free access to the true self and his authentic feelings. I shall contrast this with narcissistic disorders, with the true self's solitary confinement within the prison of the false self. This I see less as an illness than as tragedy, and it is my aim in this book to break away from judgmental, isolating, and therefore discriminating terminology.
Chance | Contrast | Depression | Experience | Feelings | Little | Love | Majority | Need | People | Prison | Reflection | Self | Will | Following | Loss | Learn |
Rabbi Nachman of Bratslav or Breslov, aka Reb Nachman Breslover or Nachman from Uman NULL
It is a great thing to hear music from a holy person playing on an instrument for the sake of heaven. Because through this, false fantasies are dismissed, the spirit of depression is dispelled, and the person merits happiness. Through this the memory is preserved, that is, the memory of the world to come, and a person is able to understand the hints that Hashem is constantly hinting to him every day. Furthermore, through this a person can reach the level of the spirit of prophecy and divine inspiration, and he will be able to pour out his heart like water before Hashem.
Depression | Heart | Memory | Music | Prophecy | Spirit | Will | World | Understand |
The fundamental idea of modern capitalism is not the right of the individual to possess and enjoy what he has earned, but the thesis that the exercise of this right redounds to the general good.
Capitalism | Individual | Right |