Economic Systems Quotes - Page 2

• It's a historical phenomenon that in 250 years, a nation could move from a colony into the most prosperous nation of the world and the leader of the world. It is indeed an achievement, a tribute to the talent of the American nation, the American people and an optimal political and economic system.

  Vladimir Putin

  Moving, Years, People

  Putin Q&A: Full Transcript, content.time.com. 2007.

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• I believe war is the inevitable fruit of our economic system.

  Helen Keller

  War, Believe, Fruit

  Helen Keller, Kim E. Nielsen (2005). “Helen Keller: Selected Writings”, p.141, NYU Press

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• No economic system is perfect. But the American Free Enterprise system has empowered millions of people in the past. I know, because I saw it with my own eyes.

  Marco Rubio

  Eye, Past, People

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• I thought that, given the system of rewards central to our economic system, in which profit maximization is valued above all else and specifically above life, it is probably just as irresistible to the owners of capital (human or otherwise) to exploit workers (and the land): "Nothing personal," they say as they load their property onto the ship bound for the Middle Passage, "but a man's gotta turn a dime."

  Derrick Jensen

  Men, Land, Dimes

  Derrick Jensen (2002). “The Culture of Make Believe”, p.102, Chelsea Green Publishing

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• Occupy Wall Street is meant more as a way of life that spreads through contagion, creates as many questions as it answers, aims to force a reconsideration of the way the nation does business and offers hope to those of us who previously felt alone in our belief that the current economic system is broken.

  Douglas Rushkoff

  Wall, Broken, Doe

  "Think Occupy Wall St. is a phase? You don't get it" by Douglas Rushkoff, www.cnn.com. October 5, 2011.

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• The main message we want to get out there is that climate change is caused by the rotten economic system.

  Vivienne Westwood

  Climate, Rotten, Want

  "Vivienne Westwood’s Five Most Westwood-y Backstage Quotes". www.thecut.com. February 18, 2013.

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• Here's what I don't think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I'm tired of this discussion of capitalism and socialism; we live in the 21st century, we need an economic system that has democracy as its underpinnings and an ethical code.

  Michael Moore

  Tired, Thinking, Democracy

  "DealBook’s Interview With Michael Moore". dealbook.nytimes.com. September 23, 2009.

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• I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.

  Gary Hamel

  Believe, Choices, Risk

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• We need to reclaim our American system of limited government, low taxes, reasonable regulations and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed.

  Paul Ryan

  Blessed, Government, Done

  "GOP Urge Obama to Join in Cutting Spending". www.foxnews.com. January 25, 2011.

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• The dynamo of our economic system is self-interest which may range from mere petty greed to admirable types of self-expression.

  Felix Frankfurter

  Self, Expression, Greed

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• I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which tries to maintain an equality of value between two things, which it would be better to recognise from the beginning as of unequal value.

  Paul Dirac

  Equality, Two, Trying

  Paul Dirac's speech at the Nobel Banquet in Stockholm, www.nobelprize.org. December 10, 1933.

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• There's something about Marxism that brings out warts; the only kind of growth this economic system encourages.

  P. J. O'Rourke

  Growth, Comedy, Kind

  P.J. O'Rourke (2015). “Thrown Under the Omnibus”, p.257, Atlantic Books Ltd

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• With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

  Herbert Hoover

  Ethos, Progress, Fundamentals

  Herbert Hoover (1929). “The New Day: Campaign Speeches of Herbert Hoover, 1928”, p.30, Stanford University Press

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• China reformed its state sector before, in the late 1990s. Tens of millions were laid off at the time. That was scary and we had warnings of social unrest. But it did not happen. Instead, there was a restructuring in our economic system. I am not sure if China will follow a Western playbook in this respect.

  Zhang Xin

  Social Unrest, Scary, Warning

  Source: www.spiegel.de

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• To paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.

  Ha-Joon Chang

  Economic, Form, Worst

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• The final goal of world revolution is not socialism, or even communism, it is not a change in the present economic system, it is not the destruction of civilization in a material sense. The revolution desired by the leaders is moral and spiritual, it is an anarchy of ideas in which all the bases established nineteen centuries ago shall be overthrown, all the honored traditions trodden under foot, and, above all, the Christian ideal finally obliterated.

  Leon V. DePoncins

  Christian, Spiritual, Civilization

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• A character standard is far more important than even a gold standard. The success of all economic systems is still dependent upon both righteous leaders and righteous people. In the last analysis, our national future depends upon our national character that is, whether it is spiritually or materially minded.

  Roger Babson

  Success, Future, Character

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• The essence of neo-colonialism is that the State which is subject to it is, in theory, independent and has all the outward trappings of international sovereignty. In reality its economic system and thus its political policy is directed from outside.

  Kwame Nkrumah

  Independent, Reality, Essence

  Kwame Nkrumah (1965). “Neo-colonialism: the last stage of imperialism”, Nelson

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• For myself, as, no doubt, for most of my contemporaries, the philosophy of meaninglessness was essentially an instrument of liberation. The liberation we desired was simultaneously liberation from a certain political and economic system and liberation from a certain system of morality. We objected to the morality because it interfered with our sexual freedom.

  Aldous Huxley

  Philosophy, Political, Doubt

  Aldous Huxley (2001). “Complete Essays: 1936-1938”, Ivan R Dee

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• How is it that we have created an economic system that tells us it is cheaper to destroy the earth and exhaust its people than to nurture them both? Is it rational to have an pricing system which discounts the future and sells off the past? How did we create an economic system that confused capital liquidation with income?

  Paul Hawken

  Confused, Past, People

  Paul Hawken, Amory B. Lovins, L. Hunter Lovins (2013). “Natural Capitalism: The Next Industrial Revolution”, p.321, Routledge

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• I admire Russia for wiping out an economic system which permitted a handful of rich to exploit and beat gold from the millions of plain people…. As one who believes in freedom and democracy for all, I honor the Red nation.

  Frank Marshall Davis

  Believe, Russia, People

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• The experience of the past lives little doubt that every economic system must sooner or later rely upon some form of the profit motive to stir individuals and groups to productivity. Substitutes like slavery, police supervision, or ideological enthusiasm prove too unproductive, too expensive, or too transient.

  Will Durant

  Past, Rely Upon, Police

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• We don't have the leadership or the understanding of the value of this, and when your political systems and your economic systems start to fail, it's only a cultural understanding that allows you to reconstruct them and to get back to who you are. For some reason, it hasn't dawned on us yet.

  Wynton Marsalis

  Political, Understanding, Failing

  Source: www.pbs.org

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• Economic systems are not value-free columns of numbers based on rules of reason, but ways of expressing what varying societies believe is important.

  Gloria Steinem

  Believe, Numbers, Justice

  Gloria Steinem (2012). “Moving Beyond Words: Essays on Age, Rage, Sex, Power, Money, Muscles: Breaking the Boundaries of Gender”, p.364, Open Road Media

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• It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.

  John Maynard Keynes

  Entrepreneur, Technique, Demand

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.193, Atlantic Publishers & Dist

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