Martin Luther King Jr. - On Capitalism

And one day we must ask the question, "Why are there forty million poor people in America?" And when you begin to ask that question, you are raising questions about the economic system, about a broader distribution of wealth. When you ask that question, you begin to question the capitalistic economy. ― Martin Luther King Jr.

Tim Winton - Perpetual Economic Growth

The gospel of perpetual economic growth carries in its train the salvation promise of a life bigger and better for everyone. But this greater good is often mythical. The actual experience of believers rarely bear out the claims of their faith. Even so, many adherents cleave stubbornly, fearfully to orthodoxy. I guess it's what they … Continue reading

Ha-Joon Chang - Equality of Opportunity

Equality of opportunity is not enough. Unless we create an environment where everyone is guaranteed some minimum capabilities through some guarantee of minimum income, education, and healthcare, we cannot say that we have fair competition. When some people have to run a 100 metre race with sandbags on their legs, the fact that no one … Continue reading

Barbara Ehrenreich - Philanthropists

When someone works for less pay than she can live on — when, for example, she goes hungry so that you can eat more cheaply and conveniently — then she has made a great sacrifice for you, she has made you a gift of some part of her abilities, her health, and her life. The … Continue reading