A Quote by Jeremy Hardy

Capitalism is a great idea in theory, but in practice it just doesn't work. — © Jeremy Hardy
Capitalism is a great idea in theory, but in practice it just doesn't work.
There is a distinction, but no opposition, between theory and practice. Each to a certain extent supposes the other. Theory is dependent on practice; practice must have preceded theory.
Here I find a puzzle of great beauty: Canada works well in practice, but just doesn't work out in theory.
Theory without practice is of little value, whereas practice is the proof of theory.Theory is the knowledge, practice the ability.
Capitalism sounds good in theory but it just doesn't work.
In theory, practice should work like theory. In practice, it doesn't.
I believe without exception that theory follows practice. Whenever there is a conflict between theory and practice, theory is wrong. As far as I'm concerned, we make theories for what people have done.
Critical reflection on practice is a requirement of the relationship between theory and practice. Otherwise theory becomes simply "blah, blah, blah, " and practice, pure activism.
It's the disease of thinking that a having a great idea is really 90% of the work. And if you just tell people, 'here's this great idea,' then of course they can go off and make it happen. The problem with that is that there's a tremendous amount of craftsmanship between a having a great idea and having a great product.
Every time I say the word capitalism, everyone just assumes I have plenty of Marxism in me, I do. But Russia and China had their bloody revolutions and even while they were Communist, they had the same idea about generating wealth - tear it out of the bowels of the earth. And now they have come out with the same idea in the end... you know, capitalism. But capitalism will fail, too.
Before going back to college, i knew i didn't want to be an intellectual, spending my life in books and libraries without knowing what the hell is going on in the streets. Theory without practice is just as incomplete as practice without theory. The two have to go together.
We've now become conscious of the uncalculated social, economic, and environmental costs of that kind of "unconscious" capitalism. And many are beginning to practice a form of "conscious capitalism," which involves integrity and higher standards, and in which companies are responsible not just to shareholders, but also to employees, consumers, suppliers, and communities. Some call it "stakeholder capitalism."
In sum: banking theory and practice, as immobilizing and fixating forces, fail to acknowledge men and women as historical beings; problem-posing theory and practice take the people's historicity as their starting point.
I'd be the first to agree that capitalism bestows its blessings unevenly. But that wouldn't persuade me to think it was a good idea to do away with those blessings in their entirety. That said, there is lots of work to be done to make capitalism work better, and to broaden its blessings far more widely not only in America, but all over the globe.
The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.
After reading The Great Transformation by Karl Polanyi, I realized that capitalism did not naturally grow as [Karl] Marx would imply by his theory of historical materialism. People were dragged into capitalism screaming, shouting, and fighting all along the way, trying to resist this industrial and commercial world.
Always think about practice... theory is not the endpoint of work, it is the work along the way to work.
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