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Quote by Robert A. Dahl

“If democracy is justified in governing the state,then it must also be justified in governing economic enterprises, and to say that it is not justified in governing economic enterprises is to imply that it is not justified in governing the state.”

Quote by Robert A. Dahl

Author

Robert A. Dahl was an American political scientist known for his research on democratic theory and political participation. His book 'Who Governs?' had a profound impact on understanding modern democratic politics. more

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“The last and most painful irony is that the two longtime rival armies in the securitization market - the investment banks and the GSEs - would end up magnifying each other's sins rather than keeping each other in check.”

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“If we want the whole world to be rich, we need to start loving wealth. In the difference between poverty and plenty, the problem is the pverty, not the difference. Wealth is good.”

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“Making money isn't the main point of business. Money is a by-product.... A new product has been found, something of use to the world. A new industry moves into an undeveloped area. Factories go up, machines go in and you're in business. It's coincidental that people who've never seen a dime now have a dollar and barefooted kids wear shoes and have their faces washed. What's wrong with an urge that gives people libraries, hospitals, baseball diamonds and movies on a Saturday night?”

“Thus commerce, though in itself a moral nullity, has had a considerable influence in tempering the human mind....he trades with the same countries ...(that he) would have gone to war with.”

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“The right to agree with others is not a problem in any society; it is the right to disagree that is crucial. It is the institution of private property that protects and implements the right to disagree - and thus keeps the road open to man's most valuable attribute: the creative mind.”

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