Best Economic Systems Quotes | Short & Famous Sayings

“Any economic system that does not incentivize and cultivate growth, will leave the human species stuck at an infantile level of civilization development.”

Humanity Business Business Quotes Economic Systems

Book:Business Essentials

Source: Business Essentials

“Of course there can be, and there plainly is, cooperation of many sorts that extends far beyond the range of self-referential altruism. It is the main function of any economic system to produce cooperation that is quite independent of affection or goodwill, and it is one function of political organizations to maintain conditions in which this is possible. But if we accept the centrality of self-love and confined generosity, we must, as a corollary, accept competition and some degree of conflict between individuals and between groups.”

Cooperation Economic Systems

Book:Ethics: Inventing Right and Wrong

Source: Ethics: Inventing Right and Wrong

“An economics of systems only-an economics of markets but not of men-is fatally flawed.”

Economic Systems

Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“There are a few people, but a diminishing number, who still believe that Marxism, as an economic system, off era a coherent alternative to capitalism, and socialism has, indeed, triumphed in one country.”

People Believe Stills Country Literature Numbers Economic Capitalism Socialism Alternatives Eras Marxism Economic Systems Capitalism And Socialism

Author:Herbert Read

“People would do well to ask themselves how many of their ambitions and aspirations derive from the type of economic system they inhabit and the insecurity and exhaustion it creates, and question the sense and purpose of a society where control of a large portion of life is abdicated under contract in the labour market, and where immense creativity and potential is stifled by the need to do difficult and repetitive tasks in order to earn a wage.”

People Needs Wells Life Is Purpose Order Asks Difficult Creativity Economic Type Ambition Tasks Aspiration Labour Insecurity Contracts Portions Immense Exhaustion Economic Systems Repetitive

Author:Tony Benn

“A limited state with free economic systems is the soil where the liberty tree blossoms.”

States Liberty Tree Economic Soil Economic Systems Liberty Tree

Author:Orrin Woodward

“Today we have access to highly advanced technologies. But our social and economic system has not kept up with our technological capabilities that could easily create a world of abundance, free of servitude and debt.”

World Today Social Technology Economic Debt Access Abundance Capability Technological Servitude Economic Systems Advanced Technology

Author:Jacque Fresco

“We must look at what immigration to America involves. To the new arrivals, the change is excruciating. Learning a new language and dealing with strange customs make the first years of life in the new land painful... The economic system of the United States is a mighty engine of persuasion. It motivates people to do what otherwise they never would in return for fulfilling their dreams. In the process, people learn that there is no sharp line between physical well-being and the higher purposes of life. The comfort of owning a house is at once meeting the obligation to care for one”

“The dynamo of our economic system is self-interest which may range from mere petty greed to admirable types of self-expression.”

May Self Interest Economic Expression Type Capitalism Mere Greed Range Petty Self Interest Admirable Self Expression Economic Systems

Author:Felix Frankfurter

“It is impossible to understand the economic system in which we are living if we try to interpret it as a rational scheme.It has to be understood as an awkward phase in a continuing process of historical development.”

Ifs Trying Process Impossible Economic Development Understood Historical Rational Awkward Phases Schemes Continuing Economic Systems

Author:Edwin Arlington Robinson

“This was 1990, the year that communism died in Europe and it seemed strange to me that in all the words that were written about the fall of the iron curtain, nobody anywhere lamented that it was the end of a noble experiment. I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.”

Knows Years Kind Ends Self Seems Fall Interest Written Sadness Economic Strange Europe Died Greed Noble Experiments Communism Iron Curtains Self Interest Economic Systems Iron Curtain

Author:Bill Bryson

“Capitalism, gaudy and greedy, has been inherent in western aesthetics from ancient Egypt on. It is the mysticism and glamour of things , which take on a personality of their own. As an economic system, it is in the Darwinian line of Sade, not Rousseau.”

Has Beens Lines Economic Personality Capitalism Western Ancient Mysticism Inherent Egypt Greedy Aesthetics Glamour Economic Systems Ancient Egypt Gaudy

Book:Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson

Source: Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson

“Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.”

Ifs Knows Wells Might Hate Loss Situation Economic Bears Circumstances Capitalism Prepared Heavy Harm Hated Resentment Economic Systems

Book:The free and prosperous commonwealth: an exposition of the ideas of classical liberalism

Source: The free and prosperous commonwealth: an exposition of the ideas of classical liberalism

“This is not a dispute about whether planning is to be done or not. It is a dispute as to whether planning is to be done centrally, by one authority for the whole economic system, or is to be divided among many individuals.”

Done Whole Individual Economic Authority Planning Divided Disputes Economic Systems

Author:Friedrich August von Hayek

“A leader has to know how the system functions - not just the system of government but the whole social and economic system, including business, the unions, and the universities.”

Knows Whole Government Social Leader Know How Economic Function Unions Including University Economic Systems Systems Of Government

Author:Jean Chretien

“I thought that, given the system of rewards central to our economic system, in which profit maximization is valued above all else and specifically above life, it is probably just as irresistible to the owners of capital (human or otherwise) to exploit workers (and the land): "Nothing personal," they say as they load their property onto the ship bound for the Middle Passage, "but a man's gotta turn a dime."”

Source: The Culture of Make Believe

“We must work our destiny in our own way and present to the world an economic system based on true Islamic concept of equality of manhood and social justice. We will thereby be fulfilling our mission as Muslims and giving to humanity the message of peace which alone can save it and secure the welfare, happiness and prosperity of mankind.”

“We complain of the increased tempo of our lives, but our frenetic lives are just reflection of the economic system that we have created.”

Our Lives Economic Reflection Complaining Tempo Economic Systems

Author:Stanley Hauerwas

“Capitalism designates an economic system significantly characterized by the predominance of "capital." Capitalism and double entry bookkeeping are absolutely indissociable; their relationship to each other is that of form to content.”

Form Economic Capitalism Entry Economic Systems Bookkeeping

Author:Werner Sombart

“Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.”

Country Bits Poor Rich Economic Policy Scales Socialism Enterprise Gore Economic Systems Free Enterprise American Writer Rich Countries Macroeconomics Keynesianism

Book:Bad Samaritans: rich nations, poor policies, and the threat to the developing world

Source: Bad Samaritans: rich nations, poor policies, and the threat to the developing world

“Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.”

Lasts Forever Economic Capitalism Economic Systems

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“The world is a complex, interconnected, finite, ecological - social - psychological - economic system. We treat it as if it were not, as if it were divisible, separable, simple, and infinite. Our persistent, intractable global problems arise directly from this mismatch.”

Ifs World Problem Social Simple Economic Treats Infinite Complexes Arise Psychological Finite Persistent Ecological Economic Systems Interconnected Mismatch

Author:Donella Meadows

“Capitalism is the only economic system compatible with free individuals”

Individual Economic Capitalism Compatible Economic Systems

Author:Peter McWilliams

“Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.”

Men Political Politics Liberty Support Economy Democracy Economic Conditions Exercise Ideals Liberalism Spheres Deprived Economic Systems Equality For All Liberty And Equality

Book:The Capitalist Manifesto

Source: The Capitalist Manifesto

“It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.”

Source: General Theory Of Employment , Interest And Money

“Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.”

“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.”

“We need enthusiasm, imagination and the ability to face facts, even unpleasant ones, bravely. We need to correct, by drastic means if necessary, the faults in our economic system from which we now suffer. We need the courage of the young. Yours is not the task of making your way in the world, but the task of remaking the world which you will find before you. May every one of us be granted the courage, the faith and the vision to give the best that is in us to that remaking!”

“The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.”

“There is a certain beauty and refinement that is often found in our world and it is expensive. It shouldn't necessarily be so. It is just the way our economic system is.”

World Way Certain Found Economic Buddhism Expensive Our World Refinement Economic Systems

Author:Frederick Lenz

“Further, economic systems ... have never arranged themselves by themselves. It is men who do the ordering according to their attitudes, desires and understanding of things. Changes take place, not independent of man's will, but on account of man's wills. Civilization has progressed by man's interference with material conditions.”

Men Giving Desire Understanding Attitude Atheism Economic Conditions Materials Civilization Accounts Importance Independent Positive Atheism Primaries Things Change Interference Economic Systems

Author:Goparaju Ramachandra Rao

“Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.”

“The reductionist measure of yield is to agriculture systems, what GDP is to economic systems. It is time to move from measuring yield of commodities, to health and well-being of ecosystems and communities. Industrial agriculture has its roots in war. Ecological agriculture allows us to make peace with the earth, soil and the society.”

Wells War Earth Moving Community Economic Roots Well Being Soil Yield Agriculture Commodity Ecological Ecosystems Making Peace Measuring Economic Systems Gdp

Author:Vandana Shiva

“An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.”

Long States Social Natural Moral Economic Abuse Mechanism Economic Systems Erosion

Book:When Corporations Rule the World

Source: When Corporations Rule the World

“Frankly, [the definition of woman] is a problem that the lesbians do not have because of a change of perspective. 'Woman' has meaning only in heterosexual systems of thought and heterosexual, economic systems. Lesbians are not women.”

Problem Economic Perspective Definitions Economic Systems

Author:Monique Wittig

“war has dug itself into economic systems, where it offers a livelihood to millions ... It has lodged in our souls as a kind of religion, a quick tonic for political malaise and a bracing antidote to the moral torpor of consumerist, market-driven cultures.”

Kind War Soul Political Culture Moral Millions Economic Offers Driven Antidote Livelihood Economic Systems Malaise

Author:Barbara Ehrenreich

“America... an economic system prouder of the distribution of its products than of the products themselves.”

America Economic Products Distribution Economic Systems

Author:Murray Kempton

“under a monopolistic economic system the opportunity to earn a living by one's labour comes to be regarded as a privilege instead of a natural right. Women are simply held to be less entitled to this privilege than men.”

Men Opportunity Natural Work Economic Privilege Labour Entitled Unemployment Economic Systems

Author:Suzanne La Follette

“You can have a broad popular democracy movement and have it end being taken over by the most vicious people and the result is you don't end up with free political systems or free economic systems, you end up with a handful of radicals controlling the country.”

People Ends Country Political Results Democracy Taken Economic Movement Radical Broads Vicious Handful Political Systems Economic Systems

Author:Donald Rumsfeld

“Total revolution of consciousness and our entire social, political and economic system is what interests me, but that's not on the ballot.”

Political Social Interest Consciousness Economic Revolution Ballots Economic Systems

Author:Russell Brand

“Marxists have more than once pointed out that the capitalist world economic system contains in itself the seeds of a general crisis and of warlike clashes.”

World War Economic Cold Crisis Seeds Capitalist Cold War Clash Marxist Economic Systems

Author:Joseph Stalin

“So the need for another economic model is urgent, and if the climate justice movement can show that responding to climate change is the best chance for a more just economic system.”

Ifs Needs Shows Justice Chance Economic Movement Models Climate Climate Change Global Warming Urgent Responding Economic Systems Economic Models

Author:Naomi Klein

“During the 1930s, some of the leading intellectuals in America condemned our economic system and pointed to the centrally planned Soviet economy as a model -- all this at a time when literally millions of people were starving to death in the Soviet Union, from a famine in a country with some of the richest farmland in Europe and historically a large exporter of food.”

People Country America Millions Economy Economic Models Europe Unions Soviet Soviet Union Starving Famine 1930s Economic Systems Farmland

Book:Dismantling America and Other Controversial Essays (Large Print 16pt)

Source: Dismantling America and Other Controversial Essays (Large Print 16pt)

“Once again the Naderites were onstage attacking the Educational Testing Service - the organization which develops and administers the scholastic aptitude tests...the reason for the wax is that the E.T.S. tests persist in showing some people to be smarter than others. And if some people are smarter than others, there might actually be some justification for an economic system in which some people have more money and authority than others.”

People Ifs Reason Might Economic Authority Tests Organization Educational More Money Justification Smarter Persist Testing Attacking Economic Systems Aptitude Scholastics Aptitude Test

Author:Daniel Seligman

“The people's community must not be a mere phrase, but a revolutionary achievement following from the radical carrying out of the basic life needs of the working class. A ruthless battle against corruption! A war against exploitation, freedom for the workers! The elimination of all economic-capitalist influences on national policy...Maintaining a rotten economic system has nothing to do with nationalism, which is an affirmation of the Fatherland. I can love Germany and hate capitalism. Not only can I, I must.”

“I view derivatives as time bombs, both for the parties that deal in them and the economic system.”

Views Deals Party Economic Bombs Economic Systems Derivatives Time Bomb

Book:Warren Buffett on Business: Principles from the Sage of Omaha

Source: Warren Buffett on Business: Principles from the Sage of Omaha

“I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.”

Believe Use Choices I Believe Risk Economic Resources Rewards Conviction Burden Customers Profession Entrepreneurship Capitalist Scarce Risk-taking Economic Systems Scarce Resources

Author:Gary Hamel

“The best attitude to receive the Pope's teachings is to understand that he is a religious leader and the essence of his message comes from the Gospel, not from one ideology or another.And so, if our economic systems are not oriented toward the human person but only concerned with profits, he wants to confront the system and change it. This, by the way, is common to all the popes, it comes directly from the so-called social teachings of the church.”

“The way in which we can promote peace, is by promoting sustainable management of our resources, equitable distribution of these resources, and that the only way you can actually do that, is that then you have to have a political, economic system that facilitates that. And then you get into the issues of human rights, justice, economic justice, social justice, and good governance or democratic governance. That's how it ties up.”

“Relationships are at the core of any political system and economic system - any family - and I think we drifted away from understanding that in our country. The people-to-people level is critical. It is ironic, though - we can text with anybody in the world, we can have a videoconference with anybody in the world, but [there should be] an even higher premium on showing up and getting to know someone.”

Economic Systems Quotes

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Economic Systems Quotes