• Valentina Solci

7 Martin Luther King Jr. Quotes about Capitalism

Honoring MLK by reflecting on these quotes regarding capitalism


“Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That’s the way the system works. And since we know that the system will not change the rules, we are going to have to change the system.”


“Call it democracy, or call it democratic socialism, but there must be a better distribution of wealth within this country for all God’s children.” – Speech to the Negro American Labor Council, 1961


“Capitalism forgets that life is social. And the kingdom of brotherhood is found neither in the thesis of communism nor the antithesis of capitalism, but in a higher synthesis.” –Speech to Southern Christian Leadership Conference Atlanta, Georgia, August 16, 1967


“You can’t talk about solving the economic problem of the Negro without talking about billions of dollars. You can’t talk about ending the slums without first saying profit must be taken out of slums. You’re really tampering and getting on dangerous ground because you are messing with folk then. You are messing with captains of industry. Now this means that we are treading in difficult water, because it really means that we are saying that something is wrong with capitalism.”

Speech to his staff, 1966


“I imagine you already know that I am much more socialistic in my economic theory than capitalistic… [Capitalism] started out with a noble and high motive… but like most human systems it fell victim to the very thing it was revolting against. So today capitalism has out-lived its usefulness.” – Letter to Coretta Scott, July 18, 1952


"Capitalism is always in danger of inspiring men to be more concerned about making a living than making a life. We are prone to judge success by the index of our salaries or the size of our automobiles, rather than by the quality of our service and relationship to humanity-thus capitalism can lead to a practical materialism that is as pernicious as the materialism taught by communism."


“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. And I’m simply saying that more and more, we’ve got to begin to ask questions about the whole society…”

Speech to Southern Christian Leadership Conference Atlanta, Georgia, August 16, 1967


Sources:

https://www.azquotes.com/quote/1139595

https://www.commondreams.org/views/2019/01/21/11-most-anti-capitalist-quotes-martin-luther-king-jr

https://www.keepinspiring.me/martin-luther-king-jr-quotes/


#martinlutherkingjr #mlk #capitalism #economics

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