A Quote by Deng Xiaoping
Any capitalism is superior to feudalism.
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The difference between capitalism and feudalism is that under capitalism, they make money directly through wages, manufacturing, and commerce and under feudalism, it's directly through juro-political means.
Just as feudalism was an advance over slavery, and capitalism was the next step after feudalism, socialism is the next step after capitalism...........Socialism in America will come through the ballot box.
Capitalism is a development by refinement from feudalism, just as feudalism is development by refinement from slavery . Capitalism is but the gentlemen's method of slavery.
But democracy is by no means a limit one may not overstep; it is only one of the stages in the course of development from feudalism to capitalism, and from capitalism to Communism.
Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.
It is not surprising that liberals believed in progress. The idea of progress justified the entire transition from feudalism to capitalism. It legitimated the breaking of the remaining opposition to the commodification of everything, and it tended to wipe away all the negatives of capitalism on the grounds that the benefits outweighed, by far, the harm.
Feudalism is an economic system where a few people own all the land and the others have no option but to be serfs on such a feudal estate. We now condemn feudalism. We condemn not merely the feudal lords but we condemn the whole structure of rules that sustained feudalism. I am asking people to think similarly about the world economy.
We modern Marxists regard socialism as a historically brief transitional stage between feudalism and capitalism, necessary only in backward countries.
In the last quarter of the eighteenth century bourgeois Europe needed to emancipate itself from that combination of feudalism and commercial capitalism which we know as mercantilism.
There's a real difference between venture capitalism and vulture capitalism. Venture capitalism we like. Vulture capitalism, no. And the fact of the matter is that he's going to have to face up to this at some time or another, and South Carolina is as good a place to draw that line in the sand as any.
As the feudal system retained many of the elements of slavery, modified by the traditions, customs, and practices of the primitive communities, so capitalism retained the essential usurpations of feudalism, though professing to guard personal freedom, and to observe equity between the owner and the occupier of the land, the employer and the employed.
Liberal capitalism is not perfect, but compared to the other 'isms,' it's far superior.
Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.
The Catholic Church... upheld feudalism, then monarchism, warning of growing evils and possible revolutions. In the same manner, and under the same reservations, she now upholds capitalism; but, above all things and forever, she upholds the Catholic Church.
I don't think the western world is questioning capitalism. Capitalism as a concept is not something that society has written off. But today, there is degree of caution around capitalism. We believe in compassionate capitalism. Growth for growth's sake can never be an end in itself.
Failure is a big part of a free market's success. People fail to live up to their potential, or to carry out all their good intentions, in all kinds of economic and political systems. Capitalism makes them pay a price for their failures, while socialism, feudalism, fascism and other systems enable personal failures, especially by those at the top, to be ignored.
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