Social Capital Quotes & Sayings

Global corporations have the human capital, the financial resources, the technology, the international footprint, the power of markets and the profit motivation to build a better world. NGOs will be essential partners...Governments will be essential partners...By engaging together through an iterative process, we will achieve "A Better World. — Alice Korngold

We still don't have a good word to describe what is missing in Cameroon, indeed in poor countries across the world. But we are starting to understand what it is. Some people call it 'social capital, or maybe 'trust'. Others call it 'the rule of law', or 'institutions'. But these are just labels. The problem is that Cameroon, like other poor countries, is a topsy-turvy world in which it's in most people's interest to take action that directly or indirectly damages everyone else. — Tim Harford

In the course of the twenty-first century what may be called the "capital wage" could be added to the labor wage and the social wage, so that middle-class Americans - not merely an affluent minority - might derive income from three sources rather than just two. — Michael Lind

What is most frightening about Vautrin's lecture is that his brisk portrait of Restoration society contains such precise figures. As I will soon show, the structure of the income and wealth hierarchies in nineteenth-century France was such that the standard of living the wealthiest French people could attain greatly exceeded that to which one could aspire on the basis of income from labor alone. Under such conditions, why work? And why behave morally at all? Since social inequality was in itself immoral and unjustified, why not be thoroughly immoral and appropriate capital by whatever means are available? The — Thomas Piketty

I began to study again, and now for the first time really achieved an understanding of the content of the Jew Karl Marx's life effort. Only now did his Capital become really intelligible to me, and also the struggle of the Social Democracy against the national economy, which aims only to prepare the ground for the domination of truly international finance and stock exchange capital. — Adolf Hitler

My work on human capital began with an effort to calculate both private and social rates of return to men, women, blacks, and other groups from investments in different levels of education. — Gary Becker

I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce. — John Maynard Keynes

To attain, and to keep, a professional-managerial job requires class-specific human capital. Developing and displaying that capital is a central preoccupation of upper-middle class life. — Susan T. Fiske

Capital is never quiet: it is always risk-oriented and entrepreneurial, at least at its inception, yet it always tends to transform itself into rents as it accumulates in large enough amounts - that is its vocation, its logical destination. What, then, gives us the vague sense that social inequality today is very different from social inequality in the age of Balzac and Austen? Is this just empty talk with no purchase on reality, or can we identify objective factors to explain why some people think that modern capital has become more "dynamic" and less "rent-seeking? — Thomas Piketty

With the historical radar of Marx's theories, on whose screen observers who have not swallowed the alcohol of the intoxicating bourgeois ideology cannot read lies, in the fog of the depths off Nantacket, in the dark of the walled tomb of the living in Marcinelle, in the bitterness of the slime of the stagnant ponds of the Arabian Desert, while the forces of the Revolution seem to be hiding and Great Capital carouses in the bright sunlight, we have again found, at his inexhaustible work, the Old Mole who undermines the curse of the infamous social forms, who prepares for the not near, but most certain, destructive explosion. — Amadeo Bordiga

I have been reluctant to lobby on other issues I most care about - nuclear weapons (against), religion (atheist), capital punishment (anti), AIDS (fund-raiser) because I don't want to be forever spouting, diluting the impact of addressing my most urgent concern - legal and social equality for gay people worldwide. — Ian McKellen

When you have characters talking about music in any way, especially about music someone doesn't know, some people presume it's about showing social capital and sneering at those who don't have it. — Kieron Gillen

That programme [Supremacy of Capital] has condemned the peoples of the majority world to mass poverty, and now threatens to do the same to those living in the core capitalist economies as they slide towards permanent austerity and social disintegration. The power granted to capital comes at a price, and as the next chapter demonstrates, that price is democracy itself. — John Hilary

Today's most valuable currency is social capital, defined as the information, expertise, trust, and total value that exist in the relationships you have and social networks to which you belong. — Keith Ferrazzi

One of the more difficult tasks for me as president was to decide on the issue of confirming capital punishment awarded by courts ... to my surprise ... almost all cases which were pending had a social and economic bias. — A. P. J. Abdul Kalam

Thus, consumption taxes tend to reduce conspicuous consumption and promote longer-term retirement security, family wealth, social welfare, technical progress, and economic growth. In essence, income taxes penalize people for what they contribute to society (labor and capital), whereas consumption taxes penalize people for what they take out of society (new retail purchases). So, to tax experts, it is no surprise that U.S. and U.K. citizens spend too much and don't save enough, relative to what would be optimal for society and even for themselves. — Geoffrey Miller

The value-form of the product of labour is the most abstract, but also the most universal form of the bourgeois mode of production; by that fact it stamps the bourgeois mode of production as a particular kind of social production of a historical and transitory character. If then we make the mistake of treating it as the eternal natural form of social production, we necessarily overlook the specificity of the value-form, and consequently of the commodity-form together with its further developments, the money form, the capital form, etc. (174, — David Harvey

The behavioral programme of the post-social society during the post-capitalism interregnum is governed by a neoliberal ethos of competetive self-improvement, of untiring cultivation of one's marketable human capital, enthusiastic dedication to work, and cheerfully optimistic, playful acceptance of the risks inherent in a world that has outgrown government. That this programme is dutifully implemented is essential, as the reproduction of the post-capitalist society lite hangs on the thin thread of an accommodating systematic architecture. Structuralist critique of false institutions may therefore have to be complemented by a renewed culturalist critique of false consciousness. — Wolfgang Streeck

Community empowerment, group formation, civil society strengthening, coalition building are integral components of bridging social capital and social development interventions, all of which are significant in the recovery of place. Collaboration between diverse groups will be necessary for us to recovery a thriving common life that is rooted in place. — Leonard Hjalmarson

Since people can only be paid for their goods and services or extract rent from society, less income is available to service the payment of goods and services when proportionally more income is used to pay monopolized rent for land. Essentially, whenever property owners collect rent from rising land values, fewer financial resources are left over for wages and capital investments, and this dynamic can effectively put society on the fast track toward social decline and wealth inequality. — Martin Adams

The first thing you notice about women in Hollywood, besides their low percentage of body fat, is how few are married. And the number of great-looking, successful single women without a social life is staggering ... The most glaring misconception about Hollywood is that it is the romance capital of the world. — Lynda Obst

The ability of individuals to extract wealth from society by profiting from land also leads to cultural degeneration and a loss of social cohesion over time... In general, as the value of land increases, the return on capital tends to decrease comparatively, which discourages business owners from investing in capital goods and private enterprise... Resources flow away from endeavours that can create jobs, produce wealth, and enliven society, and instead flow into land speculation. — Martin Adams

America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub. — C. Wright Mills

The accumulation of cultural capital - the acquisition of knowledge - is the key to social mobility. — Michael Gove

Think about all the time, brainpower, and social or political capital you continued to spend on some commitment only because you didn't like the idea of quitting. — Steven D. Levitt

Oil painting did to appearances what capital did to social relations. It reduced everything to the equality of objects. Everything became exchangeable because everything became a commodity. — John Berger

An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate. — David Korten

Philanthropy is often seen as society's risk capital. That means the onus is on philanthropists, nonprofit leaders and social entrepreneurs to innovate. But philanthropic innovation is not just about creating something new. It also means applying new thinking to old problems, processes and systems. — Laura Arrillaga-Andreessen

Regarding social order, Francis Fukuyama writes, "The systematic study of how order, and thus social capital, can emerge in spontaneous and decentralized fashion is one of the most important intellectual developments of the late twentieth century." He correctly attributes the modern origins of this argument to F. A. Hayek, whose pioneering contributions to cognitive science, the study of cultural evolution, and the dynamics of social change put him in the forefront of the most creative scholars of the 20th century. — Douglass North

Informal relationships are not mere minor interstitial supplements to the major institutions of society. These informal relationships not only include important decision-making processes, such as the family, but also produce much of the background social capital without which the other major institutions of society could not function nearly as effectively as they do. — Thomas Sowell

Deleuze and Guattari describe capitalism as a kind of dark potentiality which haunted all previous social systems. Capital, they argue, is the 'unnamable Thing', the abomination, which primitive and feudal societies 'warded off in advance'. When it actually arrives, capitalism brings with it a massive desacralization of culture. It is a system which is no longer governed by any transcendent Law; on the contrary, it dismantles all such codes, only to re-install them on an ad hoc basis. — Mark Fisher

The death penalty is not about whether people deserve to die for the crimes they commit. The real question of capital punishment in this country is, Do we deserve to kill? — Bryan Stevenson

In reality, quitting Facebook is much more problematic than the company's executives suggest, if only because users cannot extract all the intangible social capital they have generated on the site and export it elsewhere. — Evgeny Morozov

Even five minute meaningful conversations with other people not only fuel us in the moment but also build up a reserve of social capital so that when hard times strike, we can draw down on that bank account. — Michelle Gielan

Social Ecology:
The notion that man must dominate nature emerges directly from the domination of man by man ... But it was not until organic community relation ... dissolved into market relationships that the planet itself was reduced to a resource for exploitation. This centuries-long tendency finds its most exacerbating development in modern capitalism. Owing to its inherently competitive nature, bourgeois society not only pits humans against each other, it also pits the mass of humanity against the natural world. Just as men are converted into commodities, so every aspect of nature is converted into a commodity, a resource to be manufactured and merchandised wantonly. ... The plundering of the human spirit by the market place is paralleled by the plundering of the earth by capital. — Murray Bookchin

Fundly is at the dynamic intersection of high-growth technology startups, social entrepreneurship, and the exploding world of social media. Kapor Capital is proud to back this passionate team, their product, and Fundly's impressive customer base. — Mitch Kapor

The move from a structuralist account in which capital is understood to structure social relations in relatively homologous ways to a view of hegemony in which power relations are subject to repetition, convergence, and rearticulation brought the question of temporality into the thinking of structure, and marked a shift from a form of Althusserian theory that takes structural totalities as theoretical objects to one in which the insights into the contingent possibility of structure inaugurate a renewed conception of hegemony as bound up with the contingent sites and strategies of the rearticulation of power. — Judith Butler

You are the sum total of the people you meet and interact with in the world. Whether it's your family, peers, or co-workers, the opportunities you have and the things that you learn all come through doors that other people open for you. (205) — Tanner Colby

Intellectual capital is the main determining factor and the base for economic and social development to any country. — Talal Abu-Ghazaleh

If he was less motivated by compassion than anger at what he saw as the arrogance of capital,he chafed,nonetheless,to regulate it. — Edmund Morris

Deep caring about each other's fate does seem to be on the decline, but I do not believe that New Age narcissism is much to blame. The external causes of our moral indifference are a fragmented mass society that leaves us isolated and afraid, an economic system that puts the rights of capital before the rights of people, and a political process that makes citizens into ciphers.

These are the forces that allow, even encourage, unbridled competition, social irresponsibility, and the survival of the financially fittest. The executives who brought down the major corporations by taking indecent sums off the top while wage earners of modest means lost their retirement accounts were clearly more influenced by capitalist amorality than by some New Age guru. — Parker J. Palmer

Now, obviously, Meredith Whitney didn't sink Wall Street. She'd just expressed most clearly and most loudly a view that turned out to be far more seditious to the social order than, say, the many campaigns by various New York attorneys general against Wall Street corruption. If mere scandal could have destroyed the big Wall Street investment banks, they would have vanished long ago. This woman wasn't saying that Wall Street bankers were corrupt. She was saying that they were stupid. These people whose job it was to allocate capital apparently didn't even know how to manage their own. — Michael Lewis

I believe that my theory is correct; for whatever be the question upon which I am arguing, whether it be religious, philosophical, political, or economical; whether it affects well-being, morality, equality, right, justice, progress, responsibility, property, labor, exchange, capital, wages, taxes, population, credit, or Government; at whatever point of the scientific horizon I start from, I invariably come to the same thing - the solution of the social problem is in liberty. — Frederic Bastiat

Capital, therefore, announces from its first appearance a new epoch in the process of social production. — Karl Marx

Competing against each other leaves little space for reciprocity and the growth of social capital. Running against another in a race may benefit our speed, but jointly organising the sports day produces cooperation and trust. There are many situations where cooperation and reciprocity are more effective than competition. Civic virtues come from building on what we have in common rather than by using our differences to create in-groups, outgroups and fear driven competition — Eva Cox

Community connectedness is not just about warm fuzzy tales of civic triumph. In measurable and well-documented ways, social capital makes an enormous difference in our lives ... Social capital makes us smarter, healthier, safer, richer, and better able to govern a just and stable democracy. — Robert D. Putnam

As capital becomes more and more organised, it tends to pull together all its different strands, bringing a statist element to the enterprise, a bourgeois element to the trade-union bureaucracy, and a social element to public administration. — Anonymous

The goal of politics in the twenty-first century should be to create societies which maximize knowledge, the well-spring of economic growth and democratic self-governance. Markets and communities, companies and social institutions should be devoted to that larger goal. Finance and social capital should be harnessed to the goal of advancing and spreading knowledge. That will make us better off, put us more in charge of our lives and make us better able to look after ourselves. — Charles W. Leadbeater

The political scientist Francis Fukuyama, who wrote a classic book in 1996 on why the most successful states and societies exhibit high levels of trust - Trust: The Social Virtues and the Creation of Prosperity - noted that "social capital is a capability that arises from the prevalence of trust in a society or in certain parts of it. — Thomas L. Friedman

With the recent demise of totalitarian communisms, and new rise of capital'sglobal reach and power, it has become fashionable to explain away today's gross factor imbalance and assume the world has entered a new era of capitalist peace and "new paradigm" of perpetual prosperity. Such assumptions not only run counter to history, and fly in the face of today's growing wealth disparities, depression, stock debacles, and social backlash but also deny the dismal dynamic set into place. — Kent Welton

THE most important divide in America today is class, not race, and the place where it matters most is in the home. Conservatives have been banging on about family breakdown for decades. Now one of the nation's most prominent liberal scholars has joined the chorus. Robert Putnam is a former dean of Harvard's Kennedy School of Government and the author of "Bowling Alone" (2000), an influential work that lamented the decline of social capital in America. In his new book, "Our Kids", he describes the growing gulf between how the rich and the poor raise their children. Anyone who has read "Coming Apart" by Charles Murray will be familiar with the trend, but Mr Putnam adds striking detail and some excellent graphs (pictured). This is a thoughtful and — Anonymous

As Dalla Costa put it, women's unpaid
labor in the home has been the pillar upon which the exploitation of the waged workers, "wage slavery," has been built, and the secret of ies productivity (1972:31). Thus, the power differential between women and men in capitalist societry cannot be attributed to the irrelevance of housework for capitalist accumulation - an irrelevance belied by the strict rules that have governed women's lives - nor CO the survival of timeless cultural schemes. Rather, it should be interpreted as the effect of a social system of production that does not recognize the production and reproduction of the worker as a social-economic activity. and a source of capital accumulation, but mystifies it instead as a natural resource or a personal service, willie profiting from the wageless conclition of the labor involved. — Silvia Federici

If you have free trade and free circulation of
capital and people but destroy the social state and all forms of progressive taxation, the temptations of defensive nationalism and identity politics will very likely grow stronger than ever in both Europe and the United States. Note, finally, that the less developed countries will be among the primary beneficiaries of a more just and transparent international tax system. — Thomas Piketty

interactions were valuable ways of accumulating social capital. — Juliana Barbassa

If a brand wants to build social communities, capital and influence, it must become the chief celebrant of its community, not its celebrity. This simple shift in approach unlocks enormous transformative potential for brands. — Simon Mainwaring

It violates right order whenever capital so employs the working or wage-earning classes as to divert business and economic activity entirely to its own arbitrary will and advantage, without any regard to the human dignity of the workers, the social character of economic life, social justice, and the common good. — Pope Pius XI

We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and non-profit, you most often think of entities with either zero social return or zero return on capital and zero social return. Clearly, there's some opportunity in the spectrum between those extremes. What's missing is the for-profit finance industry coming in to that area. Look at the enormous diversity of the for-profit financial industry as opposed to monolithic nature of the non-profit world; it's quite astonishing. — Bill Drayton

Marx's original definition of "bourgeoisie" referred to ownership of the means of production. One of the characteristics of the modern world is that this form of property has become vastly democratized through stock ownership and pension plans. Even if one does not possess large amounts of capital, working in a managerial capacity or profession often grants one a very different kind of social status and outlook from a wage earner or low-skilled worker. — Francis Fukuyama

I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments. — John Maynard Keynes

As political theorist Michael Parenti points out, historians often overlook Fascism's economic agenda
the partnership between Big Capital and Big Government
in their analysis of its authoritarian social program. Indeed, according to Bertram Gross in his startlingly prescient Friendly Fascism (1980), it is possible to achieve fascist goals within an ostensibly democratic society. — Richard Heinberg

Social capital may turn out to be a prerequisite for, rather than a consequence of, effective computer-mediated communication. — Robert D. Putnam

In the two decades after I left, I waited for the end of Wall Street as I had known it. The outrageous bonuses, the endless parade of rogue traders, the scandal that sank Drexel Burnham, the scandal that destroyed John Gutfreund and finished off Salomon Brothers, the crisis following the collapse of my old boss John Meriwether's Long-Term Capital Management, the Internet bubble: Over and over again, the financial system was, in some narrow way, discredited. Yet the big Wall Street banks at the center of it just kept on growing, along with the sums of money that they doled out to twenty-six-year-olds to perform tasks of no obvious social utility. The rebellion by American youth against the money culture never happened. Why bother to overturn your parents' world when you can buy it and sell off the pieces? — Michael Lewis

The free economy is not the enemy but the friend of social capital. — Ted Malloch

Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes-indeed, deletes-the role of wealth in the economic and social system. And it sheds the adverse connotation going back to Marx. Instead of the owners of capital or their attendants in control, we have the admirably impersonal role of market forces. It would be hard to think of a change in terminology more in the interest of those to whom money accords power. They have now a functional anonymity. — John Kenneth Galbraith

All the major social movements of the 20th century had great soundtracks - We need that. The left needs better propaganda, because we don't have the Koch brothers. It takes a different kind of capital to fight that stuff. — DJ Spooky

If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty. — Muhammad Yunus

One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and - and capital gains. — Mike Huckabee

I think we need to rethink a lot of business skills. In finance, for example, social impact bonds are potentially a way of providing capital for investments that save the public money in a context in which government often doesn't invest in things that would save it money. — Nicholas Kristof

Capital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of and in the social order as more important than the wages of money [interest]. — Abraham Lincoln

I want us to be able to preserve our level of prosperity. We must constantly remind ourselves that Germany has been eating into its capital. It is only through successful management that we can once again secure our foundation of prosperity and social security. — Angela Merkel

Women, who are a majority of the peoples of the earth, are indispensable to the accumulation of the kind of social capital that is conducive to development, peace, justice and civility. — Mahnaz Afkhami

It is proper netiquette to refrain from using all capital letters in internet correspondence. NetworkEtiquette — David Chiles

Just as any revolution eats its children, unchecked market fundamentalism can devour the social capital essential for the long-term dynamism of capitalism itself. — Mark Carney

Our economic assistance must be carefully targeted, and must make maximum use of the energy and efforts of the private sector ... Economic freedom is the world's mightiest engine for abundance and social justice ... Developing countries need to be encouraged to experiment with a growing variety of arrangements for profit sharing and expanded capital ownership. — Ronald Reagan

I grew up in and the teachers. I think I was very lucky. I think I had a lot of social capital, and so when I found myself in this position of influence, I just - then I started to engage a bit with some of the problems in the world and realize that I could actually have an impact. — Matt Damon

Charitable involvement, social impact, and global responsibility have always been important at Bain Capital. — Joshua Bekenstein

It seems obvious, looking back, that the artists of Weimar Germany and Leninist Russia lived in a much more attenuated landscape of media than ours, and their reward was that they could still believe, in good faith and without bombast, that art could morally influence the world. Today, the idea has largely been dismissed, as it must in a mass media society where art's principal social role is to be investment capital, or, in the simplest way, bullion. We still have political art, but we have no effective political art. An artist must be famous to be heard, but as he acquires fame, so his work accumulates 'value' and becomes, ipso-facto, harmless. As far as today's politics is concerned, most art aspires to the condition of Muzak. It provides the background hum for power. — Robert Hughes

The Marxist critique is only a critique of capital, a critique coming from the heart of the middle and petit bourgeois classes, for which Marxism has served for a century as a latent ideology ... The Marxist seeks a good use of economy. Marxism is therefore only a limited petit bourgeois critique, one more step in the banalization of life toward the "good use" of the social! — Jean Baudrillard

The West is a civilization that has survived all the prophecies of its collapse with a singular stratagem. Just as the bourgeoisie had to deny itself as a class in order to permit the bourgeoisification of society as a whole, from the worker to the baron; just as capital had to sacrifice itself as a wage relation in order to impose itself as a social relation - becoming cultural capital and health capital in addition to finance capital; just as Christianity had to sacrifice itself as a religion in order to survive as an affective structure - as a vague injunction to humility, compassion, and weakness; so the West has sacrificed itself as a particular civilization in order to impose itself as a universal culture. The operation can be summarized like this: an entity in its death throes sacrifices itself as a content in order to survive as a form. — The Invisible Committee

It was the combination of EC2 and S3 - storage and compute, two primitives linked together - that transformed both AWS and the technology world. Startups no longer needed to spend their venture capital on buying servers and hiring specialized engineers to run them. Infrastructure costs were variable instead of fixed, and they could grow in direct proportion to revenues. It freed companies to experiment, to change their business models with a minimum of pain, and to keep up with the rapidly growing audiences of erupting social networks like Facebook and Twitter. — Brad Stone

Every clinical encounter is an opportunity to generate social capital. Even in situations where patient needs are complex or seemingly insurmountable, it is the empathy and goodwill which makes the difference. — Tony Tan

capital flows to wherever the social or environmental standards are lowest. Not only this, but capitalism is designed to create the instability that we have seen in the markets, and those that suffer the most from this volatility are always the most vulnerable, namely the poor of the world. — Wayne Visser

What really matters from the point of view of social capital and civic engagement is not merely nominal membership, but active and involved membership. — Robert D. Putnam

The rich run a global system that allows them to accumulate capital and pay the lowest possible price for labour. The freedom that results applies only to them. The many simply have to work harder, in conditions that grow ever more insecure, to enrich the few. Democratic politics, which purports to enrich the many, is actually in the pocket of those bankers, media barons and other moguls who run and own everything. — Charles Moore

Including the value of natural resources and our social capital in national accounting is a vital step to achieve economic growth that is equitable and sustainable. — Achim Steiner

The very same bourgeois mentality which extols the manufacturing division of labour, the life-long annexation of the worker to a partial operation, and the unconditional subordination of the detail worker to capital, extols them as an organisation of labour which increases productivity - denounces just as loudly every kind of deliberate social control and regulation of the social process of production, denounces it as an invasion of the inviolable property rights, liberty and self-determining genius of the individual capitalist. It is characteristic that the inspired apologists of the factory system can find nothing worse to say of any proposal for the general organisation of social labour, than that it would transform the whole of society into a factory. — Karl Marx

It is useful to be reminded that in even the most distressed black neighborhoods, the majority of residents are "decent folk" who live by the rules and strive to lead respectable lives (Anderson 2000), yet crime and the fear of it weakens conventional social capital in these communities. Strong role models may be in short supply, the institutional infrastructure is weak, and, of most immediate relevance, bridges to good job opportunities in the wider world are in short supply. — Karl Alexander

Between ourselves and our real natures we interpose that wax figure of idealizations and selections which we call our character. We extend this into all our thinking. Between us and the realities of social life we build up a mass of generalizations, abstract ideas, ancient glories, and personal wishes. They simplify and soften experience. It is so much easier to talk of poverty than to think of the poor, to argue the rights of capital than to see its results. Pretty soon we come to think of the theories and abstract ideas as things in themselves. We worry about their fate and forget their original content. — Walter Lippmann

In interest-bearing capital, therefore, this automatic fetish is elaborated into its pure form, self-valorizing value, money breeding money, and in this form no longer bears any marks of its origin. The social relation is consummated in the relationship of a thing, money, to itself ... Capital is now a thing, but the thing is capital. The money's body is now by love possessed.
Karl Marx, Capital, Vol. 3, p. 516-517, containing a literary reference at the end there to Goethe, Faust, Part I. The context is Marx's discussion of how the commodity fetish's obfuscation of the true relations of capitalist production (i.e. the exploitation of labor) reaches its epitome in the form of interest-bearing capital (i.e. finance capital). — Karl Marx

What distinguishes the historical social system we are calling historical capitalism is that in this historical system capital came to be used (invested) in a very special way. It came to be used with the primary objective or intent of self-expansion. In this system, past accumulations were 'capital' only to the extend they were used to accumulate more of the same. — Immanuel Wallerstein

To whom is an international corporation answerable? Often they do not employ workers. They outsource manufacturing to places far away. If wages rise in one place, they can, almost instantly, transfer production to somewhere else. If a tax regime in one country becomes burdensome, they can relocate to another. To whom, then, are they accountable? By whom are they controllable? For whom are they responsible? To which group of people other than shareholders do they owe loyalty? The extreme mobility, not only of capital but also of manufacturing and servicing, is in danger of creating institutions that have power without responsibility, as well as a social class, the global elite, that has no organic connection with any group except itself. — Jonathan Sacks

I'll give you a simple formula for straightening out the problems of the United States. First, you tax the churches. You take the tax off of capital gains and the tax off of savings. You decriminalize all and tax them same way as you do alcohol. You decriminalize . You make gambling legal. That will put the budget back on the road to recovery, and you'll have plenty of tax revenue coming in for all of your social programs, and to run the army. — Frank Zappa

The financial crisis we are facing today arises from the fact that there is almost no more social, cultural, natural, and spiritual capital left to convert into money. — Charles Eisenstein

Slavery was, in fact, a social system designed to destroy social capital among slaves and between slaves and freemen. — Robert D. Putnam

The ugliest thing in America is greed, the lust for power and domination, the lunatic ideology of perpetual Growth - with a capital G. 'Progress' in our nation has for too long been confused with 'Growth'; I see the two as different, almost incompatible, since progress means, or should mean, change for the better - toward social justice, a livable and open world, equal opportunity and affirmative action for all forms of life. And I mean all forms, not merely the human. The grizzly, the wolf, the rattlesnake, the condor, the coyote, the crocodile, whatever, each and every species has as much right to be here as we do. — Edward Abbey

In effect, nobody who is not from the losing classes has ever been thrust into a death cell in these United States. — Christopher Hitchens

Liberals believe and inexhaustible fund exists that can be tapped endlessly to pay for government social programs. Tax the rich and give it to a long line of moochers, pork barrel hustlers and ne'er-do-wells. These funds would otherwise have been employed as additional capital indispensable to economic progress. — James Cook

What type of new economical system can organize this system? There is another sector in our life, that we rely on every single day, that are absolutely essential: the social commons, the social economy. It is all the activity we engage in to create social capital. It doesn't create capital market. Social commons is growing faster than the market place. It is growing faster than the market place. The social commons include any activity that is deeply social and collaborative. — Jeremy Rifkin

The real enemy is the totality of physical and mental constraints by which capital, or class society, or statism, or the society of the spectacle expropriates everyday life, the time of our lives. The real enemy is not an object apart from life. It is the organization of life by powers detached from it and turned against it. The apparatus, not its personnel, is the real enemy. But it is by and through the apparatchiks and everyone else participating in the system that domination and deception are made manifest. The totality is the organization of all against each and each against all. It includes all the policemen, all the social workers, all the office workers, all the nuns, all the op-ed columnists, all the drug kingpins from Medellin to Upjohn, all the syndicalists and all the situationists. — Bob Black

The zooming wealth of the top 1 percent is a problem, but it's not nearly as big a problem as the tens of millions of Americans who have dropped out of high school or college. It's not nearly as big a problem as the 40 percent of children who are born out of wedlock. It's not nearly as big a problem as the nation's stagnant human capital, its stagnant social mobility and the disorganized social fabric for the bottom 50 percent. — David Brooks