Browsing Topic Best Market Economy Quotes

If bitcoin is going to replace gold, the question is, why is it so undervalued? Bitcoin is always the most honest market in the world, the most efficient market and it was the canary in the coal mine.

A fundamental contradiction does not exist between socialism and a market economy.

The real bosses, in the capitalist system of market economy, are the consumers.

The market economy-capitalism-is a social system of consumers’ supremacy.

We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and ‘natural’ character of the most monstrous inequalities.

Unless there is free and fair competition, there can’t be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It’s what you would crony capitalism.

Three-quarters of India lives on the edge of the market economy. You can’t tell them that only those who can afford water can have it.

Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people.

It’s time to admit that public education operates like a planned economy, a bureaucratic system in which everybody’s role is spelled out in advance and there are few incentives for innovation and productivity. It’s no surprise that our school system doesn’t improve: It more resembles the communist economy than our own market economy.

The market economy succeeds not because some people’s interests are suppressed and other people are kept out of the market, but because people gain individual advantage from it.

The strength or weakness of a society depends more on the level of its spiritual life than on its level of industrialization. Neither a market economy nor even general abundance constitutes the crowning achievement of human life. If a nation’s spiritual energies have been exhausted, it will not be saved from collapse by the most perfect government structure or by any industrial development. A tree with a rotten core cannot stand.

In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of a free market economy: ‘These children want to work, these people want to employ them… what is your problem? It’s not as if anyone has kidnapped them…’

The real source of market promise is not the wealthy few in the developing world, or even the3 emerging middle-income consumers. It is the billions of aspiring poor who are joining the market economy for the first time.

We mustn’t fear to adopt the advanced management methods applied in capitalist countries. The very essence of socialism is the liberation and development of the productive systems. Socialism and market economy are not incompatible. We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.

Globalization can be very unjust and unfair and unequal, but these are matters under our control. It?s not that we don?t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.

The trouble with a free market economy is that it requires so many policemen to make it work.

I find it quite useful to think of a free-market economy – or partly free market economy – as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.

A market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternatives.

Globalization, meaning the global expansion of a market economy, is the only way we can guarantee widespread prosperity and peace. A lot of nations are just so small, that unless they can sell their goods and services on the market they’re never going to develop, they don’t have an internal market that’s big enough to sustain anything.

The key problem is to find out why that sector of society of the past, which I would not hesitate to call capitalist, should have lived as if in a bell jar, cut off from the rest; why was it not able to expand and conquer the whole of society?… [Why was it that] a significant rate of capital formation was possible only in certain sectors and not in the whole market economy of the time?

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

When each of us is free to work out his own economic destiny, within the framework of the market economy, the institution of private property, and the general rule of law, we will all improve our economic condition much faster than when we are ordered around by bureaucrats.

I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.

Competitiveness is just as much a part of our nature as empathy. The ideal, in my view, is a democratic system with a social market economy, because it takes both tendencies into account.

The system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot be separated. Each flows out of the other.

The public trust is at the core of both a free market economy and a democracy.

The strategic partnership between the European Union and the United States is rooted in our shared values of freedom, human rights, democracy and a belief in the market economy.

Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy.

The market economy is deeply congruent with the values set out in the Hebrew Bible. Material prosperity is a divine blessing. Poverty crushes the spirit as well as the body, and its alleviation is a sacred task. Work is a noble calling.

Why are drugs so profitable? Essentially, many argue, it’s because they are illegal. By making drugs a criminal enterprise, it creates an enormous black market economy where drugs fetch far greater prices than they would if legal.

It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.

The market economy is very good at wealth creation but not perfect at all about wealth distribution.

There is no pure free-market economy.

A market economy cannot thrive absent the well-being of average people, even in a gilded age.

Money has to undergo a metamorphosis again, it has to relinquish its role in the market economy and engage in an economy of capacities. Then we would be concerned with human creative productivity. And we would come full circle, since each human being can then act within his company as co-creator of the future, can – in full dignity – contribute to shaping this future.