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Crisis Quotes

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Crisis Quotes

“It appears then, that capitalist production comprises conditions independent of good or bad will, conditions which permit the working-class to enjoy that relative prosperity only momentarily, and at that always only as the harbinger of a coming crisis.”

Enjoy Class Conditions Independent Crisis Prosperity Productions Permit Relative Capitalist Working Class Harbinger

Book:Karl Marx, Frederick Engels: .. Karl Marx: Capital vol.II

Source: Karl Marx, Frederick Engels: .. Karl Marx: Capital vol.II

“Even if the crises that are looming up are overcome and a new run of prosperity lies ahead, deeper problems will still remain. Modern capitalism has no purpose except to keep the show going.”

Ifs Stills Shows Problem Running Lying Purpose Modern Capitalism Overcoming Crisis Prosperity Deeper Looming

Book:Economic heresies: some old-fashioned questions in economic theory

Source: Economic heresies: some old-fashioned questions in economic theory

“The gravitation constant is the same always. But the economic constants-these elasticities of demand and supply-depending, as they do, upon human consciousness, are liable to vary. The constitution of the atom, as it were, and not merely its position, changes under the influence of environment.”

“The boom is called good business, prosperity, and upswing. Its unavoidable aftermath, the readjustment of conditions to the real data of the market, is called crisis, slump, bad business, depression.”

Real Conditions Crisis Prosperity Data Aftermath Good Business Slumps Bad Business

Author:Ludwig von Mises

“Of course the issue of ending war, and creating prosperity; they're overarching issues all the time. But right now, the challenge to this generation I believe is the climate crisis. It's a national security issue, it's a health issue in terms of clean air, it's a competitiveness issue in terms of innovation and it's a moral issue to preserve the planet for the next generation.”

“Fortunately there is more wealth in the world than there was at the time of the global economic crisis of 1929 - Chinese, Indian, Arab and Russian.”

World Wealth Economic Crisis Prosperity Chinese Indian Economic Crisis

Author:Karl Lagerfeld

“Mr. Chairman, delegates, and fellow citizens: I am honored by the support of this convention for vice president of the United States. I accept the duty to help lead our nation out of a jobs crisis and back to prosperity - and I know we can do this.”

Knows States Helping Jobs Nations President Can Do United Accepting United States Support Duty Citizens Crisis Fellows Prosperity Vices Conventions Honored Chairman Vice President Delegates

Author:Paul Ryan

“In his first year in office, President Obama pulled us back from the brink of the greatest economic crisis since the Great Depression and worked to lay a new foundation for economic growth. The president identified three key strategies to build that lasting prosperity: innovation, investment, and education.”

“Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.”

“Firstly, economic globalisation has brought prosperity and development to many countries, but also financial crises to Asia, Latin America and Russia, and increasing poverty and marginalisation.”

Country America Poverty Economic Development Crisis Financial Prosperity Russia Latin Asia Latin America Financial Crisis Globalisation

Author:Anna Lindh

“Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis.”

Way Ends Economic Policy Theory Crisis Prosperity Credit Monetary Illusory Economic Crisis Economic Theory Slumps

Book:Economic freedom and interventionism: an anthology of articles and essays

Source: Economic freedom and interventionism: an anthology of articles and essays