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- Capitalism long ago created a world market.
As the export of capital increased, and as the foreign and colonial
connections and "spheres of influence" of the big monopolist
associations expanded in all ways, things "naturally"
gravitated towards an international agreement among these associations,
and towards the formation of international cartels. Vladimir
Lenin.
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- How can the individual satisfy his own
needs without hurting himself, without reproducing, through his
aspirations and satisfactions, his dependence on an exploitative
apparatus which, in satisfying his needs, perpetuates his servitude
? Herbert Marcuse
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- The growth of productive capital implies
the accumulation and the concentration of capital. The centralization
of capital involves a greater division of labor and a greater
use of machinery. The greater division of labor destroys the
especial skill of the laborer; and by putting in the place of
this skilled work labor which anybody can perform, it increase
competition among the workers. Karl Marx.
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- Labour, like all other things which are
purchased and sold, and which may be increased or diminished
in quantity, has its natural and its market price. The natural
price of labour is that price which is necessary to enable the
labourers, one with another, to subsist and to perpetuate their
race, without either increase or diminution. David Ricardo.
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- Gentlemen! Do not allow yourselves to
be deluded by the abstract word freedom. Whose freedom? It is
not the freedom of one individual in relation to another, but
the freedom of capital to crush the worker. Why should you desire
to go on sanctioning free competition with this idea of freedom,
when this freedom is only the product of a state of things based
upon free competition? Karl Marx
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- In the United States, where a man who
owns a million is referred to as being "worth" a million,
market concepts have sunk in deeper than anywhere else. Until
quite recently Americans gave very little thought to the nature
of economic relations. In the land of the most powerful economic
system economic theory continued to be exceedingly barren. Only
the present deep-going crisis of American economy has bluntly
confronted public opinion with the fundamental problems of capitalist
society. In any event, whoever has not overcome the habit of
uncritically accepting the ready-made ideological reflections
of economic development, who-ever has not reasoned out, in the
footsteps of Marx, the essential nature of the commodity as the
basic cell of the capitalist organism, will prove to be forever
incapable of scientifically comprehending the most important
and the most acute manifestations of our epoch. Leon Trotsky.
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- We now have to describe how, under the
general conditions of commodity production and private property,
the "business operations" of capitalist monopolies
inevitably lead to the domination of a financial oligarchy. Vladimir
Lenin.
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- Remember, that money is of the prolific,
generating nature. Money can beget money, and its offspring can
beget more, and so on. Five shillings turned is six, turned again
it is seven and threepence, and so on, till it becomes a hundred
pounds. The more there is of it, the more it produces every turning,
so that the profits rise quicker and quicker. Max Weber.
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- When the stock which a man possesses
is no more than sufficient to maintain him for a few days or
a few weeks, he seldom thinks of deriving any revenue from it.
He consumes it as sparingly as he can, and endeavours by his
labour to acquire something which may supply its place before
it be consumed altogether. His revenue is, in this case, derived
from his labour only. This is the state of the greater part of
the labouring poor in all countries. Adam Smith.
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- Money, from its being a commodity obtained
from a foreign country, from its being the general medium of
exchange between all civilized countries, and from its being
also distributed among those countries in proportions which are
ever changing with every improvement in commerce and machinery,
and with every increasing difficulty of obtaining food and necessaries
for an increasing population, is subject to incessant variations.
In stating the principles which regulate exchangeable value and
price, we should carefully distinguish between those variations
which belong to the commodity itself, and those which are occasioned
by a variation in the medium in which value is estimated, or
price expressed. David Ricardo.
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- But the "holding system" not
only serves enormously to increase the power of the monopolists;
it also enables them to resort with impunity to all sorts of
shady and dirty tricks to cheat the public, because formally
the directors of the "mother company" are not legally
responsible for the "daughter company", which is supposed
to be "independent", and through the medium of which
they can "pull off" anything. Vladimir Lenin.
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- Economic freedom would mean freedom from
the economy - from being controlled by economic forces and relationships;
freedom from the daily struggle for existence, from earning a
living. Herbert Marcuse.
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- The universal reign of absolute unscrupulousness
in the pursuit of selfish interests by the making of money has
been a specific characteristic of precisely those countries whose
citizen-capitalistic development, measured according to Occidental
standards, has remained backward. Max Weber.
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- Money, therefore, the great wheel of
circulation, the great instrument of commerce, like all other
instruments of trade, though it makes a part and a very valuable
part of the capital, makes no part of the revenue of the society
to which it belongs; and though the metal pieces of which it
is composed, in the course of their annual circulation, distribute
to every man the revenue which properly belongs to him, they
make themselves no part of that revenue. Adam Smith
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- The profits of stock, in different employments,
having been shewn to bear a proportion to each other, and to
have a tendency to vary all in the same degree and in the same
direction, it remains for us to consider what is the cause of
the permanent variations in the rate of profit, and the consequent
permanent alterations in the rate of interest. David Ricardo.
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- As productive capital grows, competition
among the workers grows in a far greater proportion. The reward
of labor diminishes for all, and the burden of labor increases
for some. Karl Marx.