Economic Democracy Quotes

The goal of socialism is communism.

When we talk about the word 'socialism,' I think what it really means is just democratic participation in our economic dignity and our economic, social, and racial dignity. It is about direct representation and people actually having power and stake over their economic and social wellness, at the end of the day.

To grasp the true meaning of socialism, imagine a world where everything is designed by the post office, even the sleaze.

Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege.

The economy itself is of such social importance that its major resources and means of production should be open to democratic participation and subject to democratic social regulation.

We who are members of the Communist Party repudiate the exclusive identification of democracy with capitalism. We declare that democracy can be widened, take on new aspects, become truly a rule of the people, only when it is extended to the economic life of the people.

I am for socialism, disarmament, and, ultimately, for abolishing the state itself... I seek the social ownership of property, the abolition of the propertied class, and the sole control of those who produce wealth. Communism is the goal.

I was raised a socialist by two very socialist parents, and I still feel very animated about socialist principles.

Socialism values equality more than liberty.

Capitalism is a system in which the central institutions of society are, in principle, under autocratic control. Thus, a corporation or an industry is, if we were to think of it in political terms, fascist, that is, it has tight control at the top and strict obedience has to be established at every level. [...] Just as I'm opposed to political fascism, I am opposed to economic fascism. I think that until the major institutions of society are under the popular control of participants and communities, it's pointless to talk about democracy.

The Labour election of 1945 was a tremendous victory for democratic ownership of the economy.

I am, of course, aware that the ultimate solution is the ownership and control of the means of life by the whole of the people; but we are not at that stage of development as yet.

Labor is marching toward the goal of industrial democracy and contributing constructively toward a more rational arrangement of our domestic economy.

Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.

Controlling capitalism has proved far more difficult than controlling anything else, because capitalism is based on the control of the many by the few—the reverse of the conventional definition of political democracy.

We want capitalism and market forces to be the slave of democracy rather than the opposite.

The market is a democracy in which every penny gives a right to vote.

Capitalism works better from every perspective when the economic decision makers are forced to share power with those who will be affected by those decisions.

An election goes on every minute of the business day across the counters of hundreds of thousands of stores and shops where the customers state their preferences and determine which company and which product shall be the leader today and which shall lead tomorrow.

The ideas of socialism are not modern ideas.

I have a political philosophy by which I judge political events. It's called socialism, which at its core is about achieving equality, justice and peace through democracy.

Capitalism is an evil, and you cannot regulate evil. You have to eliminate it and replace it with something that is good for all people and that something is democracy.

We who are members of the Communist Party repudiate the exclusive identification of democracy with capitalism. We declare that democracy can be widened, take on new aspects, become truly a rule of the people, only when it is extended to the economic life of the people, as in the Soviet Union. As far as women are concerned, the U.S.S.R. is a trailblazer for equal rights and equal opportunities.

Although the socialist economies, including those led by communist parties in various parts of the world, have been beset by economic and political problems (including oppression), the aims and objectives that have previously attracted people towards socialism remain still important as they were fifty years ago. The concepts of social justice are also constantly re-emerged after they were weakened by the difficulties encountered in implementing various projects.

When we call a capitalist society a consumers democracy we mean that the power to dispose of the means of production, which belongs to the entrepreneurs and capitalists, can only be acquired by means of the consumers ballot, held daily in the marketplace.