Quotes About Economy

Brazil has no future as a China with fewer people.

A country that cannot support entrepreneurship has no hope.

just as there can be no general theory of the- economy (no 'economic science') having a theoretical object that remains unchanged through the various modes of production, so can there be no 'general theory' of the state-political (in the sense of a political 'science' or 'sociology') having a similarly constant object.

I think, therefore, that vegetarianism is a commendable departure from the established barbarous habit. That we can subsist on plant food and perform. our work even to advantage is not a theory, but a well-demonstrated fact. Many races living almost exclusively on vegetables are of superior physique and strength. There is no doubt that some plant food, such as oatmeal, is more economical than meat, and superior to it in regard to both mechanical and mental performance.

All the political, social, and economic improvements, all the technical progress cannot have any regenerating significance, so long as our inner life remains as it is at present.

As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized ...

the countries that have developed economically are those which were not colonized by the West; every country that was colonized by the West is a total wreck.

The economic consequences of these policies have been the same just about everywhere, and exactly what one would expect: a massive increase in social and economic inequality, a marked increase in severe deprivation for the poorest nations and peoples of the world, a disastrous global environment, an unstable global economy and an unprecedented bonanza for the wealthy.

Occupy is the first major public response to thirty years of class war

in a predatory capitalist economy, state intervention would be an absolute necessity to preserve human existence and to prevent the destruction of the physical environment [...].

The phrase itself, the American dream, was coined in the '30s basically in the heart of the Depression. Much of this framing was pointed at the need to keep the economy rumbling at a great pace when World War II ended. So one of the ways in which industry could keep going was to promulgate not collective consumption, but individual consumption.

Chomsky's description of the neoliberal/corporate hold over our economy, polity, journalism, and culture is so powerful and overwhelming that for some readers it can produce a sense of resignation. In our demoralized political times, a few may go a step further and conclude that we are enmeshed in this regressive system because, alas, humanity is simply incapable of creating a more humane, egalitarian, and democratic social order.

in every modern economy, the taxpayers are made to subsidize the private corporations, who then keep the profits for themselves.

He did not foresee that in a predatory capitalist economy, state intervention would be an absolute necessity to preserve human existence and to prevent the destruction of the physical environment—I speak optimistically.

One of the NECESSARILY ILLUSIONS for the general public is that we live in a capitalist economy, but the rich don't believe that for a minute. They insist on a powerful state to protect them from market discipline. So if Goldman Sachs makes a risky transaction, they're basically protected. If it crashes, they can run to the nanny state with their cap in hand and get bailed out.

Then comes the Bush and Obama bailout, which reconstructed the powerful institutions—the perpetrators—and left everyone else floating. There was severe harm to people, who had houses taken away from them, jobs diminished, and so on. That's where we are now. It was done with impunity, and they're building up to the next one.

Goldman Sachs, uno de los principales arquitectos de la crisis actual, es más rica que nunca. El grupo anunció en voz baja 17.500 millones de dólares en remuneraciones para 2010, y el director general Lloyd Blankfein recibió un bono de 12.600 millones

The Democratic Party and even the Democratic Left are not going to tell people, 'Look, your problem is that, back in the 1970s, we took part in a major process of the financialization of the economy and the hollowing out of the productive system. So your wages and incomes have stagnated for thirty years, while that wealth is produced in a very few pockets. Those are our policies.' They're not going to tell them that. No, there is no real Left now.

Take a look at the polls. The public overwhelmingly supports higher taxes on the wealthy, which have declined sharply in this period of stagnation and decline—higher taxes on the wealthy and preserve the limited social benefits.

the ones who are running the world economy have protected themselves very strongly from market discipline. the neo-liberal system is an attack, in my view, both on the market, and on democracy.

The main funders—primarily China, Japan, oil producers—might decide to shift their funds elsewhere for higher profits. But there are few signs of such developments, and they are not too likely. The funders have a considerable stake in sustaining the US economy for their own exports. There is no way to make confident predictions, but it seems clear that the entire world is in a tenuous situation, to say the least.

In fact, what's been happening is that there's been a flow of investor funds to the United States, to Treasury securities, which are regarded as a safe haven now, which has a mixed effect for the United States.3 It tends over time to raise the value of the dollar and harm exports. So it's not good for a healthy economy.

On this side, one of the things we're concerned about is the quest for infinite growth (an unavoidable feature of capitalism) on a finite planet. With that imperative, the biosphere is now subsumed under the economy. This has to be reversed. That is, the biosphere is now seen in strictly utilitarian terms to be simply a storehouse of resources, and/or a receptacle for waste.

One is rapidly widening wealth and income inequality. US wealth increased by eight and a half trillion dollars in 2017, with the richest 2 percent getting about $1.15 trillion. That figure is more than the total cost of Medicaid and the complete safety net