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Please research the article's assertions. Whatever is credible should be sourced, and what is not should be removed. </p> </td></tr></tbody></table> <table class="infobox" cellpadding="1" cellspacing="0" style="float: right; margin: 0 0 0.5em 0.5em; text-align:left; border: 1px solid #008b00; width:175px;"> <tbody><tr> <td style="font-size: 95%; text-align:center; color:White; background-color:#008b00"><b>The dismal science</b><br /><a href="/wiki/Economics" title="Economics"><font size="4" color="White"><b>Economics</b></font></a> </td></tr> <tr> <td style="background-color:#f5fffa;" align="center"><a href="/wiki/Category:Economics" title="Category:Economics"><img alt="Icon economics.svg" src="/w/images/thumb/d/d2/Icon_economics.svg/100px-Icon_economics.svg.png" decoding="async" width="100" height="100" srcset="/w/images/thumb/d/d2/Icon_economics.svg/150px-Icon_economics.svg.png 1.5x, /w/images/thumb/d/d2/Icon_economics.svg/200px-Icon_economics.svg.png 2x" data-file-width="200" data-file-height="200" /></a> </td></tr> <tr> <td style="font-size: 95%; color:White; background-color:#008b00; text-align:center;"><b>Economic systems</b> </td></tr> <tr> <td style="font-size: 95%; background-color:#f5fffa;"> <p>&#160;&#160;$ &#160;<a href="/wiki/Free_market" title="Free market">Free market</a><br /> &#160;&#160;€ &#160;<a href="/wiki/Social_democracy" title="Social democracy">Social democracy</a><br /> &#160;&#160;☭&#160;<a href="/wiki/Socialism" title="Socialism">Socialist economy</a> </p> </td></tr> <tr> <td style="font-size: 95%; color:White; background-color:#008b00; text-align:center;"><b>Major concepts</b> </td></tr> <tr> <td style="font-size: 95%; background-color:#f5fffa;"> <ul><li><a href="/wiki/Third_World" title="Third World">Third World</a></li> <li><a href="/wiki/Protestant_work_ethic" title="Protestant work ethic">Protestant work ethic</a></li> <li><a href="/wiki/Welfare_state" title="Welfare state">Welfare state</a></li> <li><a href="/wiki/IBGYBG" title="IBGYBG">IBGYBG</a></li> <li><a href="/wiki/Wealth_inequality_in_South_Korea" title="Wealth inequality in South Korea">Wealth inequality in South Korea</a></li></ul> </td></tr> <tr> <td style="font-size: 95%; color:White; background-color:#008b00; text-align:center;"><b>The worldly philosophers</b> </td></tr> <tr> <td style="font-size: 95%; background-color:#f5fffa;"> <ul><li><a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a></li> <li><a href="/wiki/Vladimir_Lenin" title="Vladimir Lenin">Vladimir Lenin</a></li> <li><a href="/wiki/B._R._Ambedkar" title="B. R. Ambedkar">B. R. Ambedkar</a></li> <li><a href="/wiki/Ludwig_von_Mises" title="Ludwig von Mises">Ludwig von Mises</a></li></ul> <div class="vte plainlinks" style="font-size:smaller; text-align:center;"><a href="/wiki/Template:Economics" title="Template:Economics">v</a> - <a href="/wiki/Template_talk:Economics" title="Template talk:Economics">t</a> - <a rel="nofollow" class="external text" href="https://rationalwiki.org/w/index.php?title=Template:Economics&amp;action=edit">e</a></div> </td></tr></tbody></table> <table style="margin: auto; border-collapse:collapse; border-style:none; background-color:transparent;" class="cquote"> <tbody><tr> <td><div style="padding:4px 50px;position:relative;"><span style="position:absolute;left:10px;top:-6px;z-index:1;font-family:&#39;Times New Roman&#39;,serif;font-weight:bold;color:#B2B7F2;font-size:36px">“</span><span style="position:absolute;right:10px;bottom:-20px;z-index:1;font-family:&#39;Times New Roman&#39;,serif;font-weight:bold;color:#B2B7F2;font-size:36px">”</span>Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.</div> </td></tr> <tr> <td style="padding:4px 10px 8px;font-size:smaller;line-height:1.6em;text-align:right;"><cite style="font-style:normal;position:relative;z-index:2">—<a href="/wiki/Winston_Churchill" title="Winston Churchill">Winston Churchill</a><sup id="cite_ref-1" class="reference"><a href="#cite_note-1">&#91;1&#93;</a></sup></cite> </td></tr></tbody></table> <table style="margin: auto; border-collapse:collapse; border-style:none; background-color:transparent;" class="cquote"> <tbody><tr> <td><div style="padding:4px 50px;position:relative;"><span style="position:absolute;left:10px;top:-6px;z-index:1;font-family:&#39;Times New Roman&#39;,serif;font-weight:bold;color:#B2B7F2;font-size:36px">“</span><span style="position:absolute;right:10px;bottom:-20px;z-index:1;font-family:&#39;Times New Roman&#39;,serif;font-weight:bold;color:#B2B7F2;font-size:36px">”</span>I've never read Marx's <i>Capital</i>, but I've got the marks of capital all over my body.</div> </td></tr> <tr> <td style="padding:4px 10px 8px;font-size:smaller;line-height:1.6em;text-align:right;"><cite style="font-style:normal;position:relative;z-index:2">—<a href="https://en.wikipedia.org/wiki/Big_Bill_Haywood" class="extiw" title="wp:Big Bill Haywood" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Big Bill Haywood">Big Bill Haywood</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2">&#91;2&#93;</a></sup></cite> </td></tr></tbody></table> <p><b>Capitalism</b> is an economic system that is utilized in most countries of the world. Even in most countries where it is not accepted in theory, it is <a href="/wiki/China" title="China">accepted in practice</a>. </p><p>Most people agree that it has been more productive than any other economic system the world has tried, and requires comparatively small amounts of <a href="/wiki/Government" title="Government">centralized oversight</a> to keep it from running out of control.<sup>&#91;<a href="/wiki/Help:References" title="Help:References"><i>citation&#160;needed</i></a>&#93;</sup> However, there is the fact that the benefits of this often <a href="/wiki/Plutonomy" class="mw-redirect" title="Plutonomy">fall disproportionately to the rich</a> as opposed to society where the rich aren't richer than anyone else, with persistent (and in some cases dangerous) <a href="/wiki/Income_inequality" class="mw-redirect" title="Income inequality">material and social divides</a> in capitalist societies, as well as capitalism's long history with <a href="/wiki/Colonialism" class="mw-redirect" title="Colonialism">colonialism</a> that arguably continues to this day. And of course, there is the large amount of destruction to the environment <a href="/wiki/Climate_change" title="Climate change">and especially the atmosphere</a> that has been brought about largely due to capitalism's quest for growth and of which capitalism is still struggling to find solutions to. There are intellectuals that propose other economic systems are more just or can improve on capitalism. For example, some of the least unequal <a href="/wiki/State" title="State">states</a> are those that have adopted <a href="/wiki/Social_democracy" title="Social democracy">modified versions of capitalism</a> that spread wealth without sacrificing overall prosperity, such as the <a href="/wiki/Scandinavia" title="Scandinavia">Nordic countries</a> and to a lesser extent, <a href="/wiki/Canada" title="Canada">Canada</a>. Some may argue that a capitalist economy is not reliable and it can explode in a matter of months using the recent COVID-19 pandemic as an example. However, in September 2021, only two years after the Pandemic started the total global output was higher than the pre-pandemic levels. It should be mentioned, however, that this recover was uneven, with large differences in vaccination rates between countries being responsible for a considerable part for the unevenness of the recovery.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3">&#91;3&#93;</a></sup> </p><p>In particular, capitalism is a far sight better than its predecessors, mercantilism and guilds, and has outlasted the idea of a <a href="/wiki/Command_economy" title="Command economy">command economy</a>; it has also proven itself much more compatible with <a href="/wiki/Liberal" class="mw-redirect" title="Liberal">liberal</a> ideals than either of these systems. There is a body of <a href="/wiki/Academic" class="mw-redirect" title="Academic">academic</a> <a href="/wiki/Literature" title="Literature">literature</a> that suggests that capitalism may in fact be a prerequisite for the growth of progressive <a href="/wiki/Social" class="mw-redirect" title="Social">social</a> values, or at the very least something that can help with their spread. On the other hand, there have been plenty of countries (e.g. <a href="/wiki/China" title="China">China</a> and <a href="/wiki/Russia" title="Russia">Russia</a>) that loosened economic restrictions while maintaining violations of <a href="/wiki/Political" class="mw-redirect" title="Political">political</a> and <a href="/wiki/Civil_rights" title="Civil rights">civil rights</a>. </p><p>There is also a belief patterned on the <a href="/wiki/Democratic_peace_theory" title="Democratic peace theory">democratic peace theory</a> of liberal <a href="/wiki/International_relations" title="International relations">international relations</a> that no two <a href="/wiki/Globalization" title="Globalization">globalized</a>, capitalist countries can or will go to war with each other, though this statement only tends to be true if you define "democracy" and "capitalism" such that the statement is true.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4">&#91;4&#93;</a></sup> </p> <div id="toc" class="toc" role="navigation" aria-labelledby="mw-toc-heading"><input type="checkbox" role="button" id="toctogglecheckbox" class="toctogglecheckbox" style="display:none" /><div class="toctitle" lang="en" dir="ltr"><h2 id="mw-toc-heading">Contents</h2><span class="toctogglespan"><label class="toctogglelabel" for="toctogglecheckbox"></label></span></div> <ul> <li class="toclevel-1 tocsection-1"><a href="#What_exactly_is_capitalism.3F"><span class="tocnumber">1</span> <span class="toctext">What exactly is capitalism?</span></a></li> <li class="toclevel-1 tocsection-2"><a href="#Examples_of_capitalist_countries"><span class="tocnumber">2</span> <span class="toctext">Examples of capitalist countries</span></a></li> <li class="toclevel-1 tocsection-3"><a href="#Capitalism_and_American_politics"><span class="tocnumber">3</span> <span class="toctext">Capitalism and American politics</span></a></li> <li class="toclevel-1 tocsection-4"><a href="#Capitalism_and_religion"><span class="tocnumber">4</span> <span class="toctext">Capitalism and religion</span></a></li> <li class="toclevel-1 tocsection-5"><a href="#Criticisms_of_capitalism"><span class="tocnumber">5</span> <span class="toctext">Criticisms of capitalism</span></a> <ul> <li class="toclevel-2 tocsection-6"><a href="#The_myth_of_the_free_market"><span class="tocnumber">5.1</span> <span class="toctext">The myth of the free market</span></a></li> <li class="toclevel-2 tocsection-7"><a href="#Conditions_for_workers...and_consumers"><span class="tocnumber">5.2</span> <span class="toctext">Conditions for workers...and consumers</span></a></li> </ul> </li> <li class="toclevel-1 tocsection-8"><a href="#Quotes_about_capitalism"><span class="tocnumber">6</span> <span class="toctext">Quotes about capitalism</span></a> <ul> <li class="toclevel-2 tocsection-9"><a href="#Supportive"><span class="tocnumber">6.1</span> <span class="toctext">Supportive</span></a></li> <li class="toclevel-2 tocsection-10"><a href="#Critical"><span class="tocnumber">6.2</span> <span class="toctext">Critical</span></a></li> <li class="toclevel-2 tocsection-11"><a href="#Capitalism_and_Godwin"><span class="tocnumber">6.3</span> <span class="toctext">Capitalism and Godwin</span></a></li> </ul> </li> <li class="toclevel-1 tocsection-12"><a href="#See_also"><span class="tocnumber">7</span> <span class="toctext">See also</span></a></li> <li class="toclevel-1 tocsection-13"><a href="#External_links"><span class="tocnumber">8</span> <span class="toctext">External links</span></a></li> <li class="toclevel-1 tocsection-14"><a href="#Notes"><span class="tocnumber">9</span> <span class="toctext">Notes</span></a></li> <li class="toclevel-1 tocsection-15"><a href="#References"><span class="tocnumber">10</span> <span class="toctext">References</span></a></li> </ul> </div> <h2><span id="What_exactly_is_capitalism?"></span><span class="mw-headline" id="What_exactly_is_capitalism.3F">What exactly is capitalism?</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=1" title="Edit section: What exactly is capitalism?">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <p>The theory of <a href="/wiki/Free_market" title="Free market">free market</a> capitalism calls for the following <a href="/wiki/Rights" title="Rights">rights</a>: </p> <ul><li>the right for each person to sell their <a href="/wiki/Job" class="mw-redirect" title="Job">labor</a> (to another person)</li> <li>the right to do whatever one wishes with one's own property</li></ul> <p>This entails, in theory, that one does not have to work except on terms acceptable to oneself. However, this also means that employers do not have to provide work except on terms acceptable to <i>them</i>, so people are not free to <i>set</i> the terms of their employment and both parties must arrange a compromise that each finds acceptable. This concept of <i>mutual benefit</i> is an important idea in capitalist theory — the idea that no exchange will take place unless both parties benefit, barring fraud. However, this assumes that both parties to a contract have alternatives, that is, access to a competitive market. If a monopoly is established, or merchants conspire to fix the supply, then the price of a product can be artificially inflated. In theory, a competitor could now enter the market as they could offer the product at a cost lower than the inflated one - although in this case lobbyists often coerce government officials to bar or hinder their entry. It is often claimed that free-market capitalism leads to wealth accruing in the hands of a fewer as trade persists, although it can be shown that this is caused by the <a href="https://en.wikipedia.org/wiki/Econophysics" class="extiw" title="wp:Econophysics" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Econophysics">speculative nature of trade</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>. </p><p>While the exact origins of the concept of private property are hard to trace, it's widely recognized that capitalism developed pretty organically (<a href="/wiki/Alan_Greenspan" title="Alan Greenspan">with few notable exceptions</a> like vagabond laws,<sup id="cite_ref-5" class="reference"><a href="#cite_note-5">&#91;5&#93;</a></sup> land appropriation and enclosure,<sup id="cite_ref-6" class="reference"><a href="#cite_note-6">&#91;6&#93;</a></sup> private property <i>rights</i>) in the 18th century, possibly in popular response to <a href="/wiki/Enlightenment" class="mw-redirect" title="Enlightenment">Enlightenment</a> philosophers such as <a href="/wiki/John_Locke" title="John Locke">John Locke</a>. <a href="/wiki/Feudalism" title="Feudalism">Feudalism</a> and (later) mercantilism had protected ruling economic classes in Europe reaching back to the 9th century. Capitalism slowly undid these centers of power as entrepreneurs convinced landowners to invest in business enterprises, developed its own means of production, contributed to increasing standards of living, and sometimes <a href="/wiki/Karl_Marx" title="Karl Marx">exploited</a> the peasants for their cheap labor. </p><p>Capitalism has trucked along; there may have been a <a href="/wiki/Joseph_Stalin" title="Joseph Stalin">few</a> <a href="/wiki/Trotsky" class="mw-redirect" title="Trotsky">people</a> <a href="/wiki/Vladimir_Lenin" title="Vladimir Lenin">who</a> disagreed along the way, but their <a href="https://en.wikipedia.org/wiki/state_capitalism" class="extiw" title="wp:state capitalism" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: state capitalism">state-capitalist</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup> <a href="/wiki/Soviet_Union" title="Soviet Union">country</a> <s>imploded</s> evolved naturally into a peace-loving <a href="https://en.wikipedia.org/wiki/Commonwealth_of_Independent_States" class="extiw" title="wp:Commonwealth of Independent States" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Commonwealth of Independent States">Commonwealth of Independent States</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>, so almost everybody - even those of an <a href="/wiki/Anarcho-capitalism" title="Anarcho-capitalism">anarcho-capitalist</a> persuasion - has written off the idea of a complete alternative. Capitalism is well known for inspiring <i>such</i> stoic and <a href="/wiki/Moral" class="mw-redirect" title="Moral">moral</a> attitudes in the people who benefit from its fruits.<sup id="cite_ref-7" class="reference"><a href="#cite_note-7">&#91;7&#93;</a></sup><sup id="cite_ref-8" class="reference"><a href="#cite_note-8">&#91;8&#93;</a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9">&#91;9&#93;</a></sup><sup id="cite_ref-10" class="reference"><a href="#cite_note-10">&#91;10&#93;</a></sup> </p> <h2><span class="mw-headline" id="Examples_of_capitalist_countries">Examples of capitalist countries</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=2" title="Edit section: Examples of capitalist countries">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <p>No societies of notable size have allowed for complete <i><a href="/wiki/Laissez-faire" title="Laissez-faire">laissez-faire</a></i> (or "leave it alone") capitalism. Mainstream <a href="/wiki/Economist" class="mw-redirect" title="Economist">economists</a> today do not consider this to be feasible. It became clear in the <a href="/wiki/Gilded_Age" title="Gilded Age"> age of monopolistic trusts</a> that, in a totally unregulated free market, there is nothing to keep the more powerful and wealthy from manipulating the economy for their own benefit. The effect of these manipulations is to close markets to competition and to coerce workers into below-equilibrium wages, thereby making a totally free market a far cry from "free". Moreover, such a system makes income-inequality skyrocket. The question has instead become to <i>what</i> extent societies and markets should be regulated. Some examples of capitalist developments include: </p> <ul><li><a href="/wiki/Japan" title="Japan">Japan</a>: Since the end of <a href="/wiki/World_War_II" title="World War II">World War II</a> in 1945, Japan has flourished as a capitalist country striving for more economic expansion. Following its rebuilding under the Marshall Plan of 1948, some international commentators viewed Japan as a rising power and as a model for other countries to emulate.<sup>&#91;<a href="/wiki/Help:References" title="Help:References"><i>citation&#160;needed</i></a>&#93;</sup> However, Japan went into a long recession in 1990, and though it has emerged from that recession, growth remains rather slow.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11">&#91;11&#93;</a></sup> If it still remains in a recession, it is a rather strange one, as unemployment remains low. As a matter of fact, the number of employed adults aged 25 to 54 shot up from 80.5% to 83% after the economic policies of Prime Minister Shinzo Abe kicked in. Abenomics, as they are known, involve printing money and deregulation in order to jump-start the economy.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12">&#91;12&#93;</a></sup></li></ul> <ul><li><a href="/wiki/Singapore" title="Singapore">Singapore</a>: Some people rate this tiny city-state as one of the economically freest countries in the world, and it has obtained considerable wealth despite its lack of natural resources. However, the state has draconian social laws that run contrary to the theory of free-market capitalism, restraining (for example) <a href="/wiki/Free_trade" title="Free trade">free trade</a> in chewing gum. Some classify Singapore as state-capitalist.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13">&#91;13&#93;</a></sup></li></ul> <ul><li><a href="/wiki/United_States_of_America" class="mw-redirect" title="United States of America">United States of America</a>, the: The United States has long been viewed - certainly by propagandists - as having one of the freest economies in the world. Despite <a href="/wiki/New_Deal" title="New Deal">some dramatic increases</a> in government size since the more <i>laissez-faire</i> 19th century, the US still ranks highly in economic freedom. As of 2011 it remained the largest economy in the world, producing roughly 23% of global <a href="/wiki/GDP" class="mw-redirect" title="GDP">GDP</a>.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14">&#91;14&#93;</a></sup> Most economists believe it is the relative ease to start a <a href="/wiki/Business" class="mw-redirect" title="Business">business</a>, secure <a href="/wiki/Property" title="Property">property</a> rights and stable political environment that allow for this growth. Also important is the tremendous amount of natural resources available on US territory as the reason for this wealth. As of 2017-8, the <a href="/wiki/World_Economic_Forum" title="World Economic Forum">World Economic Forum</a> ranked the U.S. as one of the ten most economically competitive countries in the world, alongside Singapore and Japan.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15">&#91;15&#93;</a></sup></li> <li><a href="/wiki/Egypt" title="Egypt">Egypt</a>: <a href="/wiki/Ancient_Egypt" title="Ancient Egypt">Ancient Egypt</a> (according to some interpretations<sup id="cite_ref-16" class="reference"><a href="#cite_note-16">&#91;16&#93;</a></sup>) developed a capitalist economy. But nasty Macedonian<sup id="cite_ref-17" class="reference"><a href="#cite_note-17">&#91;17&#93;</a></sup> and <a href="/wiki/Julius_Caesar" class="mw-redirect" title="Julius Caesar"> Roman</a> and Arab<sup id="cite_ref-18" class="reference"><a href="#cite_note-18">&#91;18&#93;</a></sup> interlopers put a stop to that idea. So that's all right. Except capitalism came back in Fatimid-era <a href="/wiki/Shi%27a_Islam" title="Shi&#39;a Islam"> Shi'a</a> Egypt (9th to 12th centuries CE)<sup id="cite_ref-19" class="reference"><a href="#cite_note-19">&#91;19&#93;</a></sup> and lasted until Saladin's <a href="/wiki/Sunni" title="Sunni">Sunni</a> conquest.</li></ul> <h2><span class="mw-headline" id="Capitalism_and_American_politics">Capitalism and American politics</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=3" title="Edit section: Capitalism and American politics">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <p><a href="/wiki/Conservatives" class="mw-redirect" title="Conservatives">Conservatives</a> and <a href="/wiki/Republicans" class="mw-redirect" title="Republicans">Republicans</a> fancy themselves defenders of capitalism; although an innegligible amount of right-wing measures are indeed pro-free market (<i>e.g.</i>, offshore drilling, reduced spending, reduction of <a href="/wiki/Income_tax" title="Income tax">income taxes</a>, <a href="/wiki/Deregulation" title="Deregulation">deregulation</a>), the fact is that conservatives sometimes manage to be as hostile to capitalism as <a href="/wiki/Democrats" class="mw-redirect" title="Democrats">Democrats</a>. Examples of this include <a href="/wiki/Donald_Trump" title="Donald Trump">Donald Trump</a>'s regular use of tariffs during his presidency,<sup id="cite_ref-20" class="reference"><a href="#cite_note-20">&#91;20&#93;</a></sup> <a href="/wiki/Heritage_Foundation" class="mw-redirect" title="Heritage Foundation">conservative think tanks</a> coming up with such <a href="/wiki/Evil" class="mw-redirect" title="Evil">evil</a> ideas such as <a href="/wiki/Obamacare" class="mw-redirect" title="Obamacare">Obamacare</a>,<sup id="cite_ref-21" class="reference"><a href="#cite_note-21">&#91;21&#93;</a></sup> and an ongoing <a href="/wiki/War_on_Drugs" title="War on Drugs">War on Drugs</a> that seems counter-intuitive if you claim to believe that free markets are great because people best know how to <a href="/wiki/Marijuana" class="mw-redirect" title="Marijuana">run their own lives</a>. </p><p>In a similar vein, one could point out that Democrats have been as friendly to the free-market as the GOP, as seen in the <a href="/wiki/Bill_Clinton" title="Bill Clinton">Clinton</a> administration's many <a href="/wiki/Neoliberal" class="mw-redirect" title="Neoliberal">neoliberal</a> reforms, such as <a href="/wiki/Welfare" class="mw-redirect" title="Welfare">welfare</a> reform and friendliness towards businesses. <a href="/wiki/Great_Recession" class="mw-redirect" title="Great Recession">It wasn't all that great</a>. </p> <h2><span class="mw-headline" id="Capitalism_and_religion">Capitalism and religion</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=4" title="Edit section: Capitalism and religion">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <p><a href="/wiki/Religious" class="mw-redirect" title="Religious">Religious</a> people involve themselves in politics all over the <a href="/wiki/Political_spectrum" title="Political spectrum">spectrum</a>, usually claiming that <a href="/wiki/God" title="God">God</a> personally shares their political beliefs. For this reason, most of them are <a href="/wiki/Crank" title="Crank">cranks</a> and the "<a href="/wiki/Powers_that_be" class="mw-redirect" title="Powers that be">powers that be</a>" appease them only as much as necessary to get their votes; hence, the <a href="/wiki/Religious_Right" title="Religious Right">Religious Right</a>'s failure to bring in a <a href="/wiki/Theocracy" title="Theocracy">theocracy</a>. </p><p>Although there is a strong tradition of religious involvement in <a href="/wiki/Centrist" class="mw-redirect" title="Centrist">centrist</a> or left-wing politics (<i>e.g.</i>, the early <a href="/wiki/Christian" class="mw-redirect" title="Christian">Christian</a> church vs. the <a href="/wiki/Roman_Empire" title="Roman Empire">Roman Empire</a>, <a href="/wiki/Liberation_theology" title="Liberation theology">Liberation theology</a>, <a href="/wiki/Christian_democracy" title="Christian democracy">Christian democracy</a>), in the (exceptionalist) United States most politicians who make religion an explicit part of their political identity are conservatives and adhere to a form of Christianity that fits conservative attitudes and beliefs. This is <a href="/wiki/Ironic" class="mw-redirect" title="Ironic">ironic</a>, because most of the particular policies that set the Religious Right apart from the <a href="/wiki/Secular" title="Secular">secular</a> right are <i>contrary</i> to the principles of free-market capitalism; however, knowing so would require reading and that's difficult. </p><p>Capitalism is rooted in the Lockean notion of self-ownership and self-determination, and there is little evidence that Locke was implying the government should be used to stop <a href="/wiki/Gay_marriage" class="mw-redirect" title="Gay marriage">gay people from getting married</a> or to stop teenage girls from <a href="/wiki/Abortion" title="Abortion">aborting</a> their pregnancies. Christians seem to want capitalism in that they want BMWs and leather-bound <a href="/wiki/Bible" title="Bible">Bibles</a>, but if other people want to spend their money on <a href="/wiki/Cocaine" title="Cocaine">cocaine</a> and <a href="/wiki/Prostitution" title="Prostitution">hookers</a> then <i>clearly</i> freedom is going a little too far. Another layer of irony is added when you consider that <a href="/wiki/Christ" class="mw-redirect" title="Christ">Christ</a> spoke out, in no uncertain terms, against what is considered today to be the <a href="/wiki/Greed" title="Greed">extreme of capitalist doctrine</a>. It took an act of staggering <a href="/wiki/Cognitive_dissonance" title="Cognitive dissonance">cognitive dissonance</a> — helped along by the fact that, due to the influence of <a href="/wiki/Marx" class="mw-redirect" title="Marx">Marxism</a>, anti-capitalist politics in the 20th century had become firmly associated with <a href="/wiki/Atheism" title="Atheism">atheism</a> — for Jesus to be portrayed as a long-haired version of <a href="/wiki/Ronald_Reagan" title="Ronald Reagan">Ronald Reagan</a>. (Seriously, anybody who has not had the joy of asking a wealthy fundamentalist to explain <a href="/wiki/RationalWiki:Annotated_Bible/Matthew#Matthew_19:24" title="RationalWiki:Annotated Bible/Matthew">Matthew&#160;19:24</a> ("easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God") to them should get down to their nearest <a href="/wiki/Baptist" title="Baptist">Baptist</a> Church immediately and start asking around. It's the most awkward 15 seconds of half-remembered excuses.) Some, however, have actively attempted to reconcile <a href="/wiki/Theology" title="Theology">theology</a> and laissez-faire ideology as in the <a href="/wiki/Christian_Reconstructionism" class="mw-redirect" title="Christian Reconstructionism">Reconstructionists</a>' concept of "<a href="/wiki/Christian_economics" title="Christian economics">Christian economics</a>". </p><p>A truly free market, which is based on self-ownership as opposed to the doctrine that all people are the chattel property of God, is a <a href="/wiki/Fundamentalist" class="mw-redirect" title="Fundamentalist">fundamentalist</a>'s worst dream; the only reason they sometimes pretend to defend it is because they can't spell "theocracy". </p><p><a href="/wiki/Max_Weber" title="Max Weber">Max Weber</a>, the pioneering <a href="/wiki/Sociologist" class="mw-redirect" title="Sociologist">sociologist</a>, argued that <a href="/wiki/Protestant" title="Protestant">Protestant</a> religious sentiment (what he called the "<a href="/wiki/Protestant_work_ethic" title="Protestant work ethic">Protestant work ethic</a>") was a primary factor in the development of capitalism. Modern analyses support that idea only indirectly, crediting the increased literacy that Protestantism encouraged.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22">&#91;22&#93;</a></sup> </p><p>Walter Benjamin's <i>Capitalism as Religion</i> (written in 1921, published in 1985)<sup id="cite_ref-23" class="reference"><a href="#cite_note-23">&#91;23&#93;</a></sup> suggests that capitalism is a religion. Such an attitude might make capitalism a false and <a href="/wiki/Infidel" title="Infidel">infidel</a> doctrine which proponents of the One True Religion (whichever) should reject, oppose and attempt to <a href="https://en.wikipedia.org/wiki/Burning_at_the_stake" class="extiw" title="wp:Burning at the stake" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Burning at the stake">extirpate</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>. </p><p>Most <a href="/wiki/Muslim" class="mw-redirect" title="Muslim">Muslim</a> countries actively oppose capitalism due to its perceived Western roots,<sup id="cite_ref-25" class="reference"><a href="#cite_note-25">&#91;note 1&#93;</a></sup> ditto socialism for the same reason. <a href="https://en.wikipedia.org/wiki/Islamic_economics" class="extiw" title="wp:Islamic economics" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Islamic economics">Islamic economics</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup> serves as a substitute and draws direct influence from Quranic verses. (<a href="/wiki/Muhammad" title="Muhammad">The Prophet</a> Himself had a successful career as a trader - unlike some more unworldly founder-figures.) Technically, these economics can be seen as <a href="/wiki/Third_Way" title="Third Way"> third-way</a> economics, as they do advocate a limited free-market economy while simultaneously taxing people to help the poor. </p> <h2><span class="mw-headline" id="Criticisms_of_capitalism">Criticisms of capitalism</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=5" title="Edit section: Criticisms of capitalism">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <div class="thumb tright"><div class="thumbinner" style="width:302px;"><a href="/wiki/File:Capitalism.jpg" class="image"><img alt="" src="/w/images/thumb/3/3d/Capitalism.jpg/300px-Capitalism.jpg" decoding="async" width="300" height="376" class="thumbimage" srcset="/w/images/thumb/3/3d/Capitalism.jpg/450px-Capitalism.jpg 1.5x, /w/images/thumb/3/3d/Capitalism.jpg/600px-Capitalism.jpg 2x" data-file-width="673" data-file-height="843" /></a> <div class="thumbcaption"><div class="magnify"><a href="/wiki/File:Capitalism.jpg" class="internal" title="Enlarge"></a></div>An anti-capitalist illustration of how capitalism and the <a href="/wiki/Social_class" title="Social class">class system</a> worked during the early 20th century. Fortunately for angry college students, capitalists are more than happy to <a rel="nofollow" class="external text" href="http://www.zazzle.com/pyramid_of_the_capitalist_system_poster-228060819895996243">profit off of communism.</a></div></div></div> <p>Ideologies like <a href="/wiki/Socialism" title="Socialism">socialism</a>, <a href="/wiki/Communism" title="Communism">communism</a>, and <a href="/wiki/Fascism" title="Fascism">fascism</a> are all categorically opposed to free market capitalism for various reasons, such that it exploits the <a href="/wiki/LTOV" class="mw-redirect" title="LTOV">labor</a> of workers by collecting the <a href="/wiki/Surplus_value" class="mw-redirect" title="Surplus value">surplus value</a> created by those workers or spits in the face of <a href="/wiki/Tradition" title="Tradition">tradition</a>. Fascism, both historically and in theory, retains important aspects of capitalism such as its system of property and hierarchies; fascists are often platformed within capitalism, while communists almost never have their ideas spread to a wider audience. Fascism and capitalism are not fundamentally incompatible until fascists get too zealous and threaten the ability of the rich to extract wealth from markets. This is not the case with communism, which inherently opposes capitalism. </p><p>Unregulated capitalism is frequently mocked in cyberpunk and <a href="/wiki/Dystopia" title="Dystopia">dystopian</a> literature (the works of Neal Stephenson<sup id="cite_ref-26" class="reference"><a href="#cite_note-26">&#91;note 2&#93;</a></sup> and Max Barry,<sup id="cite_ref-27" class="reference"><a href="#cite_note-27">&#91;note 3&#93;</a></sup> among many others, are particularly known for this). </p><p>This stems from the observation that capitalism, at its heart, is about each person working to benefit themselves as much as possible. Without regulations to ensure that this benefit does not come at the expense of others, capitalism changes into something rather unhealthy for society. Thus economists who do not advocate for laissez-faire economics support government intervention to address these kinds of positive as well as <a href="/wiki/Negative_externalities" class="mw-redirect" title="Negative externalities">negative externalities</a>. Problems not resolved by the free market are known as <a href="/wiki/Market_failure" class="mw-redirect" title="Market failure">market failures</a>. </p> <h3><span class="mw-headline" id="The_myth_of_the_free_market">The myth of the free market</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=6" title="Edit section: The myth of the free market">edit</a><span class="mw-editsection-bracket">]</span></span></h3> <p>The biggest problem with capitalism is that the free market in reality doesn't exist for a very simple reason: money is power. Gain enough money fast enough and you can "encourage" those in charge to change the laws to make competing in your field more difficult if not impossible. This is formally called <a href="https://en.wikipedia.org/wiki/crony_capitalism" class="extiw" title="wp:crony capitalism" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: crony capitalism">crony capitalism</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>. Another tactic is stockpiling enough cash so that one can sell goods at a loss, eliminating any competitor that does appear. Once the competitor goes out of business, the prices can go back up (perhaps higher than before). This is called <a href="https://en.wikipedia.org/wiki/predatory_pricing" class="extiw" title="wp:predatory pricing" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: predatory pricing">predatory pricing</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>. Still another tactic is to control the chain of industry needed to produce a good or service, for example owning the iron mines whose ore is then used to build a railroad, which supplies the businesses you also own (see <a href="https://en.wikipedia.org/wiki/vertical_integration" class="extiw" title="wp:vertical integration" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: vertical integration">vertical integration</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup>). </p> <h3><span class="mw-headline" id="Conditions_for_workers...and_consumers">Conditions for workers...and consumers</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=7" title="Edit section: Conditions for workers...and consumers">edit</a><span class="mw-editsection-bracket">]</span></span></h3> <p>Conditions for workers can be horrid under capitalism as companies feel they can easily replace workers. The consumer was in little better shape as caveat emptor was the rule of the day with goods either poorly made or fraudulent. The <a href="/wiki/Gilded_Age" title="Gilded Age">Gilded Age</a> was particularly bad in this regard with <i>Midnight is a Place</i> and <i><a href="https://en.wikipedia.org/wiki/The_Jungle" class="extiw" title="wp:The Jungle" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: The Jungle">The Jungle</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup></i> popularizing the horrors that existed for both workers and consumers. Conditions were so bad for child workers that some areas used animal cruelty laws to protect them. The consumer was in nearly as bad a shape as some of the products (patent medicines) were downright dangerous (some medicines contained large amounts of powerful drugs like cocaine <sup id="cite_ref-28" class="reference"><a href="#cite_note-28">&#91;note 4&#93;</a></sup>) and other used food dyes and other means to hide the fact that food being sold was spoiled. One particularly gruesome fact was the way meat was ground up could result in a worker falling into the meat grinder and being shipped out with the meat for consumption.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29">&#91;note 5&#93;</a></sup> </p><p>Worse yet, sweatshops are not something of the past or limited to second or third world countries. Conditions for workers in the AAA computer game industry would certainly qualify as "sweatshop". This crunch time is notorious and getting worse.<sup id="cite_ref-30" class="reference"><a href="#cite_note-30">&#91;25&#93;</a></sup> Money tends to go into the hands of the CEO and the upper management rather than back into the company (or the employees). If the stock takes a hit because the company didn't meet the totally unrealistic expectation they put out, then expect a load of people to get laid off, which for some insane reason tends to result in the stock going up. </p><p>The ultimate bottom of the barrel of Capitalism is the <a href="/wiki/Multilevel_marketing" title="Multilevel marketing">MLM</a> snake oil. To paraphrase an old show, 'they were promised dreams and that was what they got paid in… dreams'. </p> <h2><span class="mw-headline" id="Quotes_about_capitalism">Quotes about capitalism</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=8" title="Edit section: Quotes about capitalism">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <h3><span class="mw-headline" id="Supportive">Supportive</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=9" title="Edit section: Supportive">edit</a><span class="mw-editsection-bracket">]</span></span></h3> <p><q>I could say to you that I have done <a href="/wiki/Supply_side_economics" class="mw-redirect" title="Supply side economics">more good for my fellow men than you can ever hope to accomplish</a> -- but I will not say it, because I do not seek the good of others as a sanction for my right to exist.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Ayn_Rand" title="Ayn Rand">Ayn Rand</a>, reactionary free-market devotee and <a href="/wiki/Social_Security" title="Social Security">Social Security</a> user, <i>Atlas Shrugged.</i></b></font></cite> </p><p><q>With all its flaws, capitalism remains the most productive economic engine we have yet invented. Like Churchill's line about democracy, it is the worst of all economic systems, except for all the others.</q><cite style="font-style: normal;"><font size="1"><b>- Fareed Zakaria, <i>Newsweek</i>, June 22, 2009.</b></font></cite> </p><p><q>The most important single central fact about a free market is that no exchange takes place unless both parties benefit.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Milton_Friedman" title="Milton Friedman">Milton Friedman</a>, <a href="/wiki/Nobel_Prize" title="Nobel Prize">Nobel Prize</a>-winning economist, PBS, October 10, 2000.</b></font></cite> </p> <h3><span class="mw-headline" id="Critical">Critical</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=10" title="Edit section: Critical">edit</a><span class="mw-editsection-bracket">]</span></span></h3> <p><q>Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Bertrand_Russell" title="Bertrand Russell">Bertrand Russell</a>, philosopher, logician and mathematician.</b></font></cite><sup id="cite_ref-31" class="reference"><a href="#cite_note-31">&#91;26&#93;</a></sup> </p><p><q>Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Adam_Smith" title="Adam Smith">Adam Smith</a>, <i>The Wealth of Nations</i>.<sup id="cite_ref-32" class="reference"><a href="#cite_note-32">&#91;27&#93;</a></sup></b></font></cite> </p><p><q>Capital is dead labour which, vampire-like, lives only by sucking living labour, and lives the more, the more labour it sucks.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Karl_Marx" title="Karl Marx">Karl Marx</a> in <i><a href="/wiki/Das_Kapital" title="Das Kapital">Das Kapital</a></i><sup id="cite_ref-33" class="reference"><a href="#cite_note-33">&#91;28&#93;</a></sup></b></font></cite> </p> <h3><span class="mw-headline" id="Capitalism_and_Godwin">Capitalism and Godwin</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=11" title="Edit section: Capitalism and Godwin">edit</a><span class="mw-editsection-bracket">]</span></span></h3> <p>Welcome to the <a href="/wiki/Internet" title="Internet">Internet</a>, where everything is a race to <a href="/wiki/Godwin%27s_Law" class="mw-redirect" title="Godwin&#39;s Law">compare something you don't like to Hitler</a>. Because of that, here are some quotes attributed to Hitler that are either supportive or critical of capitalism: </p><p><q>I absolutely insist on protecting private property... we must encourage private initiative.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Adolf_Hitler" title="Adolf Hitler">Adolf Hitler</a>, model libertarian.</b></font></cite><sup id="cite_ref-34" class="reference"><a href="#cite_note-34">&#91;29&#93;</a></sup> </p><p><q>I am bound to say that private property can be morally and ethically justified only if I admit that men's achievements are different. Only on that basis can I assert: since men's achievements are different, the results of those achievements are also different. But if the results of those achievements are different, then it is reasonable to leave to men the administration of those results to a corresponding degree. It would not be logical to entrust the administration of the result of an achievement which was bound up with a personality either to the next best but less capable person or to a community which, through the mere fact that it had not performed the achievement, has proved that it is not capable of administering the result of that achievement. Thus it must be admitted that in the economic sphere, from the start, in all branches men are not of equal value or of equal importance.</q><cite style="font-style: normal;"><font size="1"><b>- <a href="/wiki/Adolf_Hitler" title="Adolf Hitler">Adolf Hitler</a>, srslythebestlibertarian.</b></font></cite><sup id="cite_ref-35" class="reference"><a href="#cite_note-35">&#91;30&#93;</a></sup> </p> <h2><span class="mw-headline" id="See_also">See also</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=12" title="Edit section: See also">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <ul><li><a href="/wiki/Consumerism" title="Consumerism">Consumerism</a></li> <li><a href="/wiki/Rhine_capitalism" class="mw-redirect" title="Rhine capitalism">Rhine capitalism</a></li></ul> <h2><span class="mw-headline" id="External_links">External links</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=13" title="Edit section: External links">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <ul><li><a rel="nofollow" class="external text" href="http://www.bbc.co.uk/news/business-14972015">Has Western capitalism failed?</a>, BBC News</li> <li><a rel="nofollow" class="external text" href="http://www.jstor.org/discover/10.2307/4192584?uid=3739832&amp;uid=2&amp;uid=4&amp;uid=3739256&amp;sid=21102196168741"><i>The Political Economy of Hunger</i></a>, Selected Essays by Jean Drèze, <a href="/wiki/Amartya_Sen" title="Amartya Sen">Amartya Sen</a> and Athar Hussain</li> <li><a rel="nofollow" class="external text" href="http://www.economist.com/node/21559402">The shit we have to deal with every day.</a></li></ul> <h2><span class="mw-headline" id="Notes">Notes</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=14" title="Edit section: Notes">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <div class="references-small" style="font-size:90%;"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-25"><span class="mw-cite-backlink"><a href="#cite_ref-25">↑</a></span> <span class="reference-text"> Despite the existence of <a href="https://en.wikipedia.org/wiki/Capitalism_and_Islam" class="extiw" title="wp:Capitalism and Islam" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Capitalism and Islam">capitalist systems</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup> in the <a href="https://en.wikipedia.org/wiki/Islamic_Golden_Age" class="extiw" title="wp:Islamic Golden Age" rel="nofollow"><span style="color:#477979 !important;" title="Wikipedia: Islamic Golden Age">Islamic Golden Age</span></a><sup><img alt="" src="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/12px-Wikipedia%27s_W.svg.png" decoding="async" width="12" height="12" srcset="https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/18px-Wikipedia%27s_W.svg.png 1.5x, https://upload.wikimedia.org/wikipedia/commons/thumb/5/5a/Wikipedia%27s_W.svg/24px-Wikipedia%27s_W.svg.png 2x" data-file-width="128" data-file-height="128" /></sup> and of proto-capitalism in pre-Islamic Babylon and in Ancient Egypt.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24">&#91;24&#93;</a></sup></span> </li> <li id="cite_note-26"><span class="mw-cite-backlink"><a href="#cite_ref-26">↑</a></span> <span class="reference-text"><i>Snow Crash</i> and <i>Diamond Age</i> in particular.</span> </li> <li id="cite_note-27"><span class="mw-cite-backlink"><a href="#cite_ref-27">↑</a></span> <span class="reference-text">Notably <i>Jennifer Government</i> and <i>Syrup</i>.</span> </li> <li id="cite_note-28"><span class="mw-cite-backlink"><a href="#cite_ref-28">↑</a></span> <span class="reference-text">For example, Coca-Cola begin life as a patent medicine with the "Coca" relating to the cocaine used in it at that time</span> </li> <li id="cite_note-29"><span class="mw-cite-backlink"><a href="#cite_ref-29">↑</a></span> <span class="reference-text">Brings a whole new meaning to the term "Swedish meatballs"...they could called that because a Swede fell into the grinder that week.</span> </li> </ol></div></div> <h2><span class="mw-headline" id="References">References</span><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Capitalism&amp;action=edit&amp;section=15" title="Edit section: References">edit</a><span class="mw-editsection-bracket">]</span></span></h2> <div class="references-small" style="-moz-column-count:2; -webkit-column-count:2; column-count:2; font-size:80%;"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><a href="#cite_ref-1">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.economist.com/blogs/schumpeter/2012/07/z-business-quotations">An A-Z of business quotations</a>, <i><a href="/wiki/The_Economist" title="The Economist">The Economist</a></i></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><a href="#cite_ref-2">↑</a></span> <span class="reference-text"><i>Humour and Social Protest</i>, By Marjolein that &amp; Dennis Bos, 2007, page 39.</span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><a href="#cite_ref-3">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.oecd-ilibrary.org/sites/490d4832-en/index.html?itemId=/content/publication/490d4832-en">Keeping The Recovery On Track</a></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><a href="#cite_ref-4">↑</a></span> <span class="reference-text"><a href="/wiki/Thomas_Friedman" title="Thomas Friedman">Thomas Friedman</a> referred to this as <a rel="nofollow" class="external text" href="http://www.nytimes.com/1996/12/08/opinion/foreign-affairs-big-mac-i.html">the "McDonald's Effect."</a></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><a href="#cite_ref-5">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external free" href="https://www.londonlives.org/static/Vagrancy.jsp#toc2">https://www.londonlives.org/static/Vagrancy.jsp#toc2</a></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><a href="#cite_ref-6">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external free" href="http://www.parliament.uk/about/living-heritage/transformingsociety/towncountry/landscape/overview/enclosingland/">http://www.parliament.uk/about/living-heritage/transformingsociety/towncountry/landscape/overview/enclosingland/</a></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><a href="#cite_ref-7">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.nytimes.com/2009/01/25/business/25bernie.html?pagewanted=all">The Talented Mr. Madoff</a>, <i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><a href="#cite_ref-8">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.time.com/time/specials/packages/0,28757,2021097,00.html">Behind the Enron Scandal</a>, <i>Time</i></span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><a href="#cite_ref-9">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.youtube.com/watch?v=mzGDZ9nThro">AMAZING FREAKOUT OVER XBOX 360</a></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><a href="#cite_ref-10">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.youtube.com/watch?v=pGRSDecufLk">How to steal gumballs out of the machine :P</a></span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><a href="#cite_ref-11">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.bbc.com/news/business-31483274">Japan comes out of recession but growth still disappoints</a>. BBC. February 15, 2015. </span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><a href="#cite_ref-12">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.weforum.org/agenda/2015/11/is-japan-really-in-recession/">Is Japan Really In A Recession?</a> World Economic Forum and <i>The Washington Post</i>. November 24, 2015. </span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><a href="#cite_ref-13">↑</a></span> <span class="reference-text">See the <a href="/wiki/Wikipedia" title="Wikipedia">Wikipedia</a> article on <a href="https://en.wikipedia.org/wiki/State_capitalism" class="extiw" title="wp:State capitalism" rel="nofollow">State capitalism</a>.</span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><a href="#cite_ref-14">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/index.aspx">World Economic Outlook Database 2011</a>, IMF</span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><a href="#cite_ref-15">↑</a></span> <span class="reference-text"> <a rel="nofollow" class="external text" href="https://www.weforum.org/reports/the-global-competitiveness-report-2017-2018">Global Competitiveness Report</a>. World Economic Forum. September 26, 2017.</span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><a href="#cite_ref-16">↑</a></span> <span class="reference-text"> <style data-mw-deduplicate="TemplateStyles:r2708880">/* Errors processing stylesheet [[:Module:Citation/CS1/styles.css]] (rev 2708880): • Invalid or unsupported value for property ⧼code⧽background⧼/code⧽ at line 44 character 14. • Invalid or unsupported value for property ⧼code⧽background⧼/code⧽ at line 50 character 14. • Invalid or unsupported value for property ⧼code⧽background⧼/code⧽ at line 55 character 14. • Invalid or unsupported value for property ⧼code⧽background⧼/code⧽ at line 64 character 14. • Invalid or unsupported value for property ⧼code⧽color⧼/code⧽ at line 96 character 9. • Invalid or unsupported value for property ⧼code⧽color⧼/code⧽ at line 100 character 9. • Invalid media query at line 138 character 8. */ .mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{}.mw-parser-output .id-lock-subscription.id-lock-subscription a{}.mw-parser-output .cs1-ws-icon a{}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none}.mw-parser-output .cs1-visible-error{}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFDiop1989" class="citation book cs1"><a href="/w/index.php?title=Cheikh_Anta_Diop&amp;action=edit&amp;redlink=1" class="new" title="Cheikh Anta Diop (page does not exist)">Diop, Cheikh Anta</a> (1989) [1974]. "political and Social Evolution of Ancient Egypt". In <a href="/w/index.php?title=Mercer_Cook&amp;action=edit&amp;redlink=1" class="new" title="Mercer Cook (page does not exist)">Cook, Mercer</a> (ed.). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=dHnDH-m9UQYC"><i>The African Origin of Civilization: Myth Or Reality</i></a>. Translated by <a href="/w/index.php?title=Mercer_Cook&amp;action=edit&amp;redlink=1" class="new" title="Mercer Cook (page does not exist)">Cook, Mercer</a> (1974&#160;ed.). Chicago: Chicago Review Press. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9781613747360" title="Special:BookSources/9781613747360"><bdi>9781613747360</bdi></a><span class="reference-accessdate">. Retrieved <span class="nowrap">15 December</span> 2020</span>. <q>[...] Egypt, unlike Greco-Roman and feudal societies, had no servile labor force. [...] there was a marginal capitalism with the appearance of a business class who rented land in the countryside and hired hands to cultivate it. Like the farmers of capitalist Europe, their sole aim was to amass huge profits. The same business practices were carried on in the cities: interest-bearing loans, renting or subletting personal property or real estate for the purpose of financial speculation. Apparently, the only safeguard to prevent these practices from developing into a strong capitalism was the practically inalienable liberty of the Egyptian citizen.</q></cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=bookitem&amp;rft.atitle=political+and+Social+Evolution+of+Ancient+Egypt&amp;rft.btitle=The+African+Origin+of+Civilization%3A+Myth+Or+Reality&amp;rft.place=Chicago&amp;rft.edition=1974&amp;rft.pub=Chicago+Review+Press&amp;rft.date=1989&amp;rft.isbn=9781613747360&amp;rft.aulast=Diop&amp;rft.aufirst=Cheikh+Anta&amp;rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DdHnDH-m9UQYC&amp;rfr_id=info%3Asid%2Frationalwiki.org%3ACapitalism" class="Z3988"></span></span> </li> <li id="cite_note-17"><span class="mw-cite-backlink"><a href="#cite_ref-17">↑</a></span> <span class="reference-text">See the <a href="/wiki/Wikipedia" title="Wikipedia">Wikipedia</a> article on <a href="https://en.wikipedia.org/wiki/Alexander_the_Great" class="extiw" title="wp:Alexander the Great" rel="nofollow">Alexander the Great</a>.</span> </li> <li id="cite_note-18"><span class="mw-cite-backlink"><a href="#cite_ref-18">↑</a></span> <span class="reference-text">See the <a href="/wiki/Wikipedia" title="Wikipedia">Wikipedia</a> article on <a href="https://en.wikipedia.org/wiki/Arab_conquest_of_Egypt" class="extiw" title="wp:Arab conquest of Egypt" rel="nofollow">Arab conquest of Egypt</a>.</span> </li> <li id="cite_note-19"><span class="mw-cite-backlink"><a href="#cite_ref-19">↑</a></span> <span class="reference-text"> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r2708880"/><cite id="CITEREFHeck2008" class="citation book cs1">Heck, Gene William (2008) [2006]. "The Fruition of 'Commercial Capitalism' in Fatimid Egypt". <a rel="nofollow" class="external text" href="https://books.google.com/books?id=LrknR9T3DKEC"><i>Charlemagne, Muhammad, and the Arab Roots of Capitalism</i></a>. Studien zur Geschichte und Kultur des islamischen Orients. Berlin: Walter de Gruyter. pp.&#160;<span class="nowrap">115–</span>158. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9783110202830" title="Special:BookSources/9783110202830"><bdi>9783110202830</bdi></a><span class="reference-accessdate">. Retrieved <span class="nowrap">15 December</span> 2020</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=bookitem&amp;rft.atitle=The+Fruition+of+%27Commercial+Capitalism%27+in+Fatimid+Egypt&amp;rft.btitle=Charlemagne%2C+Muhammad%2C+and+the+Arab+Roots+of+Capitalism&amp;rft.place=Berlin&amp;rft.series=Studien+zur+Geschichte+und+Kultur+des+islamischen+Orients&amp;rft.pages=%3Cspan+class%3D%22nowrap%22%3E115-%3C%2Fspan%3E158&amp;rft.pub=Walter+de+Gruyter&amp;rft.date=2008&amp;rft.isbn=9783110202830&amp;rft.aulast=Heck&amp;rft.aufirst=Gene+William&amp;rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DLrknR9T3DKEC&amp;rfr_id=info%3Asid%2Frationalwiki.org%3ACapitalism" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><a href="#cite_ref-20">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external free" href="https://taxfoundation.org/tariffs-trump-trade-war/">https://taxfoundation.org/tariffs-trump-trade-war/</a></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><a href="#cite_ref-21">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://online.wsj.com/article/SB10001424052970204618704576641190920152366.html">Obamacare's Heritage</a>, <i><a href="/wiki/Wall_Street_Journal" title="Wall Street Journal">Wall Street Journal</a></i></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><a href="#cite_ref-22">↑</a></span> <span class="reference-text">Sascha O. Becker and Ludger Wößmann. <a rel="nofollow" class="external text" href="http://epub.ub.uni-muenchen.de/1366/1/weberLMU.pdf">"Was Weber Wrong? A Human Capital Theory of Protestant Economic History".</a> Munich Discussion Paper No. 2007-7 - "[...] Protestant economies prospered because instruction in reading the Bible generated the human capital crucial to economic prosperity."</span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><a href="#cite_ref-23">↑</a></span> <span class="reference-text"> See the <a href="/wiki/Wikipedia" title="Wikipedia">Wikipedia</a> article on <a href="https://en.wikipedia.org/wiki/Capitalism_as_Religion" class="extiw" title="wp:Capitalism as Religion" rel="nofollow">Capitalism as Religion</a>.</span> </li> <li id="cite_note-24"><span class="mw-cite-backlink"><a href="#cite_ref-24">↑</a></span> <span class="reference-text"> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r2708880"/><cite id="CITEREFOmeje2021" class="citation book cs1">Omeje, Kenneth (23 July 2021). "Capitalism and the African Context". <a rel="nofollow" class="external text" href="https://books.google.com/books?id=RfE5EAAAQBAJ"><i>The Failure and Feasibility of Capitalism in Africa</i></a>. International Political Economy Series. Cham, Zug: Springer International Publishing. p.&#160;9. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9783030751708" title="Special:BookSources/9783030751708"><bdi>9783030751708</bdi></a><span class="reference-accessdate">. Retrieved <span class="nowrap">17 November</span> 2024</span>. <q>[...] Anthony Giddens made the following striking remarks: 'Capitalism thus defined, in the shape of mercantile operations, for instance, has existed in various forms of society: in Babylon and Ancient Egypt, China, India and mediaeval Europe. [...]'<span class="cs1-kern-right"></span></q></cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=bookitem&amp;rft.atitle=Capitalism+and+the+African+Context&amp;rft.btitle=The+Failure+and+Feasibility+of+Capitalism+in+Africa&amp;rft.place=Cham%2C+Zug&amp;rft.series=International+Political+Economy+Series&amp;rft.pages=9&amp;rft.pub=Springer+International+Publishing&amp;rft.date=2021-07-23&amp;rft.isbn=9783030751708&amp;rft.aulast=Omeje&amp;rft.aufirst=Kenneth&amp;rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DRfE5EAAAQBAJ&amp;rfr_id=info%3Asid%2Frationalwiki.org%3ACapitalism" class="Z3988"></span></span> </li> <li id="cite_note-30"><span class="mw-cite-backlink"><a href="#cite_ref-30">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.fastcompany.com/3026161/inside-the-video-game-industrys-culture-of-crunch-time">Inside The Video Game Industry’s Culture Of Crunch Time</a>, Joshua Rivera, <i>Fast Company</i> 6 February 2014</span> </li> <li id="cite_note-31"><span class="mw-cite-backlink"><a href="#cite_ref-31">↑</a></span> <span class="reference-text"><i>Sceptical Essays</i> (1928), Chapter 13</span> </li> <li id="cite_note-32"><span class="mw-cite-backlink"><a href="#cite_ref-32">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://en.wikiquote.org/wiki/Adam_Smith#Book_I"><i>The Wealth of Nations</i>, Chapter IX, p. 117</a> (1776)</span> </li> <li id="cite_note-33"><span class="mw-cite-backlink"><a href="#cite_ref-33">↑</a></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://ricardo.ecn.wfu.edu/~cottrell/OPE/archive/0604/att-0138/01-PoliticalEconOfTheDead.pdf">The Political Economy of the Dead: Marx's Vampires</a>, Wake Forest University</span> </li> <li id="cite_note-34"><span class="mw-cite-backlink"><a href="#cite_ref-34">↑</a></span> <span class="reference-text">A private statement made by Hitler on March 24, 1942. Cited in "Hitler's Secret Conversations." Translated by Norman Cameron and R.H. Stevens. Farrar, Straus and Young, Inc. 1953. p. 294.</span> </li> <li id="cite_note-35"><span class="mw-cite-backlink"><a href="#cite_ref-35">↑</a></span> <span class="reference-text">Hitler's address to the Industry Club on January 26, 1932.</span> </li> </ol></div></div> <!-- NewPP limit report Parsed by apache5 Cached time: 20250411211957 Cache expiry: 86400 Dynamic content: false Complications: [vary‐revision‐sha1, vary‐revision‐id] CPU time usage: 0.177 seconds Real time usage: 0.332 seconds Preprocessor visited node count: 1672/1000000 Post‐expand include size: 26907/2097152 bytes Template argument size: 6966/2097152 bytes Highest expansion depth: 10/40 Expensive parser function count: 0/100 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 25351/5000000 bytes Lua time usage: 0.090/7 seconds Lua virtual size: 7.88 MB/50 MB Lua estimated memory usage: 0 bytes --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 286.069 1 -total 70.57% 201.869 2 Template:Reflist 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