"To say that capitalism is a failed system is not, of course, to suggest that its breakdown and disintegration is imminent. It does, however, mean that it has passed from being a historically necessary and creative system at its inception to being a historically unnecessary and destructive one in the present century."
React to this quote
More by John Bellamy Foster
See allResonant Thoughts
"Omnipotence and foreknowledge of God, I repeat, utterly destroy the doctrine of 'free-will' ... doubtless it gives the greatest possible offense to common sense or natural reason, that God, Who is pro…"
Explore Further
Related Quotes
"The sleep of reason encourages the elections."
— Janusz Korwin-Mikke"Mr. Hussein's dogged insistence on pursuing his nuclear ambitions, along with what defectors described in i…"
— Judith Miller (journalist)"The three great things that govern mankind are reason, passion and superstition. The first governs a few, t…"
— John Locke"There was a side of Sloan, she had decided, that she mistrusted, a side that could be summed up by saying t…"
— Mary McCarthy"Hockey is an art. It requires speed, precision, and strength like other sports, but it also demands an extr…"
— Jacques Plante"An idea or institution may arise for one reason and be maintained for quite a different reason."
— Joseph McCabe