A Quote by Paul Craig Roberts

The unambigious fact is that U.S. capitalism is a mechanism for looting the many for the benefit of the few.

Paul Craig Roberts

Quote Topics

Benefit Capitalism Fact Few Looting Many Mechanism

Quote Author

Paul Craig Roberts
American - Economist
Born: April 3, 1939

Western capitalism is a looting mechanism. It loots labor. It loots the environment, and with the transpacific and transatlantic 'partnerships,' it will loot the sovereign law of countries.

Paul Craig Roberts

Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.

Walter E. Williams

What [American universities] need, and would much benefit from, is more Marxists, radicals, leftists - all terms conventionally applied to those who fight against exploitation, racism, sexism, and capitalism. We can never have too many of these, just as we can never have too few 'conservatives'.

Grover Furr

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.

Rick Perry

No man is greater than his prayer life. The pastor who is not praying is playing; the people who are not praying are straying. We have many organizers, but few agonizers; many players and payers, few pray-ers; many singers, few clingers; lots of pastors, few wrestlers; many fears, few tears; much fashion, little passion; many interferers, few intercessors; many writers, but few fighters. Failing here, we fail everywhere.

Leonard Ravenhill

Stockholders are used to a certain kind of global capitalism. This version is very hard on the environment and very hard on people below a certain fiscal level. It is a calculated, systematic weakening of people. Many labour, a few benefit. Try talking about cleaning up the place with these people. The hostility is incredible.

Henry Rollins

The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.

Fulton J. Sheen

Now you have to ask a question - is that really, is capitalism really about the ability of a handful of rich people to manipulate the lives of thousands of other people and walk off with the money? Or is that in fact somehow a little bit of a flawed system? And so I do draw distinction between looting a company, leaving behind broken families and broken neighborhoods and then leaving a factory that should be there.

Newt Gingrich

The fact that younger people are more inclined to socialism may well come with the fact that so many young people's first experience with capitalism is as a debtor.

Chris Matthews

The U.S. is not pure capitalism. In fact, there's no place for pure capitalism, unregulated capitalism. We have a regulated system.

Lloyd Blankfein

That is what capitalism is: a system that brings wealth to the many, not just the few.

Margaret Thatcher

I don't know much about Capitalism, but I do know about Democracy and freedom, and if Capitalism may change in many, many ways, I'm not really very much interested in Capitalism.

Eleanor Roosevelt

People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.

Jeff Berwick

Panic is rare, looting is essentially insignificant, people are not terrified and trampling each other to flee from a disaster scene, but in fact are trying to manage a situation. We may in fact revert to some sort of primordial civility.