Criticism of capitalism ranges from expressing disagreement with the principles of capitalism in its entirety, to expressing disagreement with particular outcomes of capitalism. Among those wishing to replace capitalism with a different method of production and social organization, a distinction can be made between those believing that capitalism can only be overcome through revolution (e.g., revolutionary socialism) and those believing that structural change can come slowly through political reforms (e.g., social democracy). Some critics believe there are merits in capitalism, and wish to balance it with some form of social control, typically through government regulation (e.g., the social market movement and the British Labour Party).
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... have criticized or opposed specific elements of capitalism traditional Judaism, Christianity, and Islam forbid lending money at interest ... Christianity has been a source of both praise and criticism for capitalism, particularly its materialist aspects ... Some Christian critics of capitalism may not oppose capitalism entirely, but support a mixed economy in order to ensure adequate labor standards and relations, as ...
Famous quotes containing the words criticism of, capitalism and/or criticism:
“I, with other Americans, have perhaps unduly resented the stream of criticism of American life ... more particularly have I resented the sneers at Main Street. For I have known that in the cottages that lay behind the street rested the strength of our national character.”
—Herbert Hoover (18741964)
“History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.”
—Milton Friedman (b. 1912)
“I consider criticism merely a preliminary excitement, a statement of things a writer has to clear up in his own head sometime or other, probably antecedent to writing; of no value unless it come to fruit in the created work later.”
—Ezra Pound (18851972)