A Quote by Joan Robinson

Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically. — © Joan Robinson
Rosa Luxemburg maintained that the capitalist system can keep up its rate of investment (and therefore its profits) only so long as it is expanding geographically.
There is always risk involved. You can't be a capitalist only when there are investment profits but then a socialist when you experience losses.
As soon, however, as capitalist competition has definitively established the equal rate of profit, that rate becomes the starting point for the calculations of the capitalists in the investment of capital in newly-created branches of production.
I think [Karl] Marx, Pope John XXIII or Rosa Luxemburg [had achieved the mode of existence].But it would be useless to look at a list of illustrious names.
In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money goes into the pockets of Bill Gates and Steve Jobs, who are ripping off decades of work in the public sector.
For 'Rosa Luxemburg,' I read everything by and about her, but the first time I was stuck in that corset, I got an understanding of her that I'd never had before.
Algeria was therefore only the beginning of something that was in development: this is why I say that it's the global capitalist system that finally reacted against us.
China adopted a capitalist system in the 1980s, and they went from a 60% poverty rate to 10%.
In the long run, with profits from piracy greater than international finance mobilised to solve the problem, we can expect piracy to increase geographically and in sophistication.
Korea and the U.S. have maintained a combined forces command system for a long time. Even if we were to get operational control back, as long as this combined system is maintained, our countries will continue to have combined security, and U.S. forces will continue to play their part in our security.
Young people, under the social contract, suggest a long term investment. What we have today is a government that believes that young people - since they are a long term investment - are a liability. This is system that only believes in short-term investments.
Rosa Luxemburg was - still is for me - a great personal and intellectual heroine. Her analysis of Leninism and capitalism and social democracy are all worth reading. I wouldn't consider anyone truly politically literate if they hadn't given her work at least some study.
When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.
Capitalism is very far from a perfect system, but so far we have yet to find anything that clearly does a better job of meeting human needs than a regulated capitalist economy coupled with a welfare and health care system that meets the basic needs of those who do not thrive in the capitalist economy. If we ever do find a better system, I'll be happy to call myself an anti-capitalist.
Businesses just want to increase their profits; it's up to the government to make sure they distribute enough of those profits so workers have the money to buy the goods they produce. It's no mystery - the less poverty, the more commerce. The most important investment we can make is in human resources.
I actually am a capitalist, and I believe in shareholders. But I believe in them as a result of what I do, not as a reason for what I'm doing. The same with profits - profits alone cannot be an objective. It has to have a purpose.
There is only one social system that reflects the sovereignty of the individual: the free-market, or capitalist, system.
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