Home / Quotes / Quote by Ivan Illich

Quote by Ivan Illich

“Losses of a kind of satisfaction that have no market equivalent don't show up in the calculations of economists.”

Author

Ivan Illich, born on September 4, 1926 and died on December 2, 2002, was a renowned philosopher. His research focused on the fields of education, technology, and social criticism, reflecting deeply on modern society. more

“Currency speculation-over a trillion dollars a day-is a tax-free activity. The notion of a tax on "day trades" or other speculative swaps was revived in recent years, but has been studiously ignored by all our purveyors of conventional economic wisdom. That is because we have been persuaded, against logic, and moral sense, that the institution that most needs our support these days is not society, nor the human community, but the global corporation.”

“Corporations have nothing to do with values, and they know it, and sometimes say it.”

Knows Sometimes Values Capitalism Corporations

Author:Eric Kierans

“Capital in money form has no citizenship. It is fungible, an asset capable of moving from place to place in a nanosecond.”

Moving Form Capable Capitalism Assets Citizenship

Author:Eric Kierans

“Very few of the heroes of the Golden Age of American finance had much interest in the solid realities of what underlay their structure of stocks and bonds and credits. Later on, a Henry Ford might introduce an era of intensely production-minded captains of industry, but the Harrimans, Morgans, Fricks, and Rockefellers were far more interested in the exciting manipulation of huge masses of intangible wealth than in the humdrum business of turning out goods.”

“This is the standard procedure for corporate growth these days; one company buys up another on loans that are floated on the basis of future earnings, and the monopoly or oligopoly created in this way produces the necessary funds by squeezing out competition, and passing the costs along to the consumer. The bucket that holds the new wealth is called a corporation.”

“The big corporation is not in the least remarkable for efficiency; it is only too big to be blamed for its inefficiency.”

Bigs Capitalism Corporations Remarkable Efficiency Inefficiency Big Corporations

Author:Gilbert K. Chesterton

“Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.”

Ifs Knows Needs Reason Done Problem Passion Wish Difficult Interest Economic Ignorance Solutions Capitalism Difficulty Inertia Confronting Economic Problems

Author:John Kenneth Galbraith

“World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.”

“The Internet will help achieve "friction free capitalism" by putting buyer and seller in direct contact and providing more information to both about each other.”

Helping Success Inspiring Business Technology Achieve Information Internet Capitalism Direct Contact Providing Sellers Computing Buyers Friction Internet Business

Author:Bill Gates

Quote by Ivan Illich

Author

You May Also Like