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Quotes about economics

133 quotes from 78 people

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It is logical that the United States should do whatever it is able to do to assist in the return of normal economic health in the world, without which there can be no political stability and no assured peace.
George C. Marshall1880–1959The Marshall Plan Speech (1947)
- War & Peace
Capital is dead labor, that vampire-like, only lives by sucking living labor, and lives the more, the more labor it sucks.
Karl Marx1818–1883Das Kapital (Buch I) (1867), Vol. I, Ch. 10, Section 1, p. 257.
- Work
The directing motive, the end and aim of capitalist production, is to extract the greatest possible amount of surplus value, and consequently to exploit labor-power to the greatest possible extent.
Karl Marx1818–1883Das Kapital (Buch I) (1867), Vol. I, Ch. 13, pg. 363.
The product of mental labor — science — always stands far below its value, because the labor-time necessary to reproduce it has no relation at all to the labor-time required for its original production.
Karl Marx1818–1883Addenda, “Relative and Absolute Surplus Value” in Economic Manuscripts (1861-63)
- Science
The knell of capitalist private property sounds.
Karl Marx1818–1883Das Kapital (Buch I) (1867), Vol. I, Ch. 32, p. 837.
The mode of production of material life determines the social, political and intellectual life process in general.
Karl Marx1818–1883Preface to A Contribution to the Critique of Political Economy (1859).
- Philosophy
The bourgeoisie has stripped of its halo every occupation hitherto honoured and looked up to with reverent awe. It has converted the physician, the lawyer, the priest, the poet, the man of science, into its paid wage labourers.
Karl Marx1818–1883The Communist Manifesto (1848)In context
- Work
What the bourgeoisie, therefore, produces, above all, is its own grave-diggers.
Karl Marx1818–1883The Communist Manifesto (1848)In context
In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property.
Karl Marx1818–1883The Communist Manifesto (1848)In context
- Politics
Socialism is the theory that the desire of one man to get something he hasn’t got is more pleasing to a just God than the desire of some other man to keep what he has got.
H. L. Mencken1880–1956A Little Book in C Major, New York, NY, John Lane Company (1916) p. 51
- Politics
War prosperity is like the prosperity that an earthquake or a plague brings.
Ludwig von Mises1881–1973Nation, State, and Economy (1919), p 186
- War & Peace
Your sheep, which are naturally mild, and easily kept in order, may be said now to devour men and unpeople, not only villages, but towns
Thomas More1478–1535Utopia (1516), Book IIn context
- Animals
So long as the system of competition in the production and exchange of the means of life goes on, the degradation of the arts will go on.
William Morris1834–1896“Art Under Plutocracy” (1883)
- Art
Faced with the alternative of saying goodbye to the gold standard, and therefore to his own employment, and goodbye to other people’s employment, Mr. Churchill characteristically selected the latter course.
Oswald Mosley1896–1980Winston Churchill, as Chancellor of the Exchequer, had returned Britain to the gold standard and Mosley believed this would lead to unemployment, quoted in Robert Skidelsky, Oswald Mosley (Papermacs, 1981), p. 143.
- Clever Jabs
Fascism, at any rate the German version, is a form of capitalism that borrows from Socialism just such features as will make it efficient for war purposes.
George Orwell1903–1950The Lion and the Unicorn (1941)
- Politics