A Quote by Joseph A. Schumpeter
Capitalism Survive?—I have tried to show that a socialist form of society will inevitably emerge from an equally inevitable decomposition of capitalist society.
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Under a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.
If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the "bourgeois" under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
All the parties of capitalist society, all its moralists and all its sycophants will perish beneath the debris of the impending catastrophe. The only party that will survive is the party of the world socialist revolution.
Karl Marx left it to others to find the way beyond capitalism to a higher form of society. He saw his role as giving them as accurate a theory as he could of how capitalism works, which would also show them the reasons why it needs to be abolished and replaced by a freer and more human form of society.
A low-energy policy allows for a wide choice of life-styles and cultures. If, on the other hand, a society opts for high energy consumption, its social relations must be dictated by technocracy and will be equally degrading whether labeled capitalist or socialist.
Capitalism’s grow-or-die imperative stands radically at odds with ecology’s imperative of interdependence and limit. The two imperatives can no longer coexist with each other; nor can any society founded on the myth that they can be reconciled hope to survive. Either we will establish an ecological society or society will go under for everyone, irrespective of his or her status.
We grew up in a very material-lacking socialist society, but today China is a capitalist society. It's very materialistic. It's full of desire and luxury goods.
In socialist society certain inequalities in property still exist. But in socialist society there is no longer unemployment, no exploitation, no oppression of nationalities. In socialist society everyone is obliged to work, although he does not, in return for his labour receive according to his requirements, but according to the quantity and quality of the work he has performed.
In hindsight it may even seem inevitable that a socialist society will starve when it runs out of capitalists.
All societies on the verge of death are masculine. A society can survive with only one man; no society will survive a shortage of women.
A certain inequality in regard to property still exists in a socialist society. But in a socialist society there is no unemployment, no exploitation, no oppression of nationalities.
The socialist society would have to forbid capitalist acts between consenting adults.
Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
The essential notion of a capitalist society ... is voluntary cooperation, voluntary exchange. The essential notion of a socialist society is force.
The society which we have built can in no way be termed "state socialism."The social organization which we have created can be termed a Soviet, socialist organization which has not yet been quite completed, but is in its root a socialist organization of society. The foundation of this society is public ownership.
There are different varieties and forms of capitalism. There are priorities within the capitalist society so that you can have countervailing forces come in and empower your working people and your poor people. There are capitalist societies that do not have poverty. America needs to understand that.
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