Economic Systems Quotes - Page 5

• But no one can praise Roosevelt for doing this and then insist that he restored our traditional political and economic systems to their former vitality.

  John T. Flynn

  Political, Vitality, Praise

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• under a monopolistic economic system the opportunity to earn a living by one's labour comes to be regarded as a privilege instead of a natural right. Women are simply held to be less entitled to this privilege than men.

  Suzanne La Follette

  Work, Opportunity, Men

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• We must look at what immigration to America involves. To the new arrivals, the change is excruciating. Learning a new language and dealing with strange customs make the first years of life in the new land painful...
  The economic system of the United States is a mighty engine of persuasion. It motivates people to do what otherwise they never would in return for fulfilling their dreams. In the process, people learn that there is no sharp line between physical well-being and the higher purposes of life. The comfort of owning a house is at once meeting the obligation to care for one

  John Lachs

  Dream, Years, Land

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• It is impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.It has to be understood as an awkward phase in a continuing process of historical development.

  Edwin Arlington Robinson

  Awkward, Historical, Trying

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• This was 1990, the year that communism died in Europe and it seemed strange to me that in all the words that were written about the fall of the iron curtain, nobody anywhere lamented that it was the end of a noble experiment. I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.

  Bill Bryson

  Fall, Sadness, Self

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• Capitalism, gaudy and greedy, has been inherent in western aesthetics from ancient Egypt on. It is the mysticism and glamour of things , which take on a personality of their own. As an economic system, it is in the Darwinian line of Sade, not Rousseau.

  Camille Paglia

  Egypt, Personality, Lines

  Camille Paglia (1990). “Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson”, Vintage

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• You can have a broad popular democracy movement and have it end being taken over by the most vicious people and the result is you don't end up with free political systems or free economic systems, you end up with a handful of radicals controlling the country.

  Donald Rumsfeld

  Country, Taken, People

  Source: www.rushlimbaugh.com

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• This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.

  Friedrich August von Hayek

  Done, Planning, Economic

  "The Use of Knowledge in Society" by Friedrich Hayek, American Economic Review, September 1945.

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• A leader has to know how the system functions - not just the system of government but the whole social and economic system, including business, the unions, and the universities.

  Jean Chretien

  Government, Leader, Unions

  "Straight From The Heart". Book by Jean Chrétien, 1985.

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• Capitalism designates an economic system significantly characterized by the predominance of "capital." Capitalism and double entry bookkeeping are absolutely indissociable; their relationship to each other is that of form to content.

  Werner Sombart

  Economic, Form, Bookkeeping

  "Der moderne Kapitalismus". Book by Werner Sombart, 2006.

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• Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.

  Ha-Joon Chang

  Country, Rich Countries, Socialism

  Ha-Joon Chang (2007). “Bad Samaritans: rich nations, poor policies, and the threat to the developing world”, Century

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• The world is a complex, interconnected, finite, ecological - social - psychological - economic system. We treat it as if it were not, as if it were divisible, separable, simple, and infinite. Our persistent, intractable global problems arise directly from this mismatch.

  Donella Meadows

  Simple, World, Problem

  "Whole Earth Models and Systems". "The CoEvolution Quarterly", p. 98 - 108, Summer 1982.

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• Capitalism is the only economic system compatible with free individuals

  Peter McWilliams

  Economic, Individual, Capitalism

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• If people understood how the economic system works, there'd be a revolution in a minute.

  Henry Ford

  People, Revolution, Economic

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• 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.

  Mortimer Adler

  Exercise, Men, Support

  Louis O. Kelso, Mortimer J. Adler (2017). “The Capitalist Manifesto”, p.6, Pickle Partners Publishing

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• Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.

  Russell B. Long

  Wisdom, Tired, Government

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• Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.

  John D. Rockefeller

  Wisdom, Mean, Commitment

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• We need enthusiasm, imagination and the ability to face facts, even unpleasant ones, bravely. We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer. We need the courage of the young. Yours is not the task of making your way in the world, but the task of remaking the world which you will find before you. May every one of us be granted the courage, the faith and the vision to give the best that is in us to that remaking!

  Franklin D. Roosevelt

  Wisdom, Mean, Giving

  Franklin D. Roosevelt's Oglethorpe University Commencement Address, May 22, 1932.

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• The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.

  Fulton J. Sheen

  Wisdom, Men, Hands

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• There is a certain beauty and refinement that is often found in our world and it is expensive. It shouldn't necessarily be so. It is just the way our economic system is.

  Frederick Lenz

  Buddhism, Our World, Way

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• Further, economic systems ... have never arranged themselves by themselves. It is men who do the ordering according to their attitudes, desires and understanding of things. Changes take place, not independent of man's will, but on account of man's wills. Civilization has progressed by man's interference with material conditions.

  Goparaju Ramachandra Rao

  Attitude, Independent, Men

  "Atheism Questions and Answers". Book by Goparaju Ramachandra Rao, 1980.

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• The unforgivable sin of Hitler's Germany was to develop a new economic system by which the international bankers were deprived of their profits.

  Unknown

  Unforgivable Sin, Bankers, Germany

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• Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.

  Mitt Romney

  Father, Mean, Commitment

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• The reductionist measure of yield is to agriculture systems, what GDP is to economic systems. It is time to move from measuring yield of commodities, to health and well-being of ecosystems and communities. Industrial agriculture has its roots in war. Ecological agriculture allows us to make peace with the earth, soil and the society.

  Vandana Shiva

  War, Moving, Yield

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• Frankly, [the definition of woman] is a problem that the lesbians do not have because of a change of perspective. 'Woman' has meaning only in heterosexual systems of thought and heterosexual, economic systems. Lesbians are not women.

  Monique Wittig

  Perspective, Definitions, Problem

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