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Economic Quotes

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Economic Quotes

“Overconsumption is a "cancer eating away at our spiritual vitals." It cuts the heart right out of our compassion. It distances us from the great masses of broken bleeding humanity. It converts us into materialists. We become less able to ask moral questions. For example, just because we have the economic muscle to buy up vast amounts of the world's oil, does that give us the right to do so? When the poor farmer of India is unable to buy a gallon of gasoline to run his simple water pump because the world's demand has priced him out of the market, who is to blame?”

“There'll be some savings from preventing double dipping by public servants which are currently able to access not one but two fully tax payer funded schemes and of course there will be out paid parental leave levy. So all up not only is this an important economic reform, an important reform to have to grow our economy more strongly, it also will leave the budget better off which will help us fix the mess that Labor has created with the budget.”

“Obviously, our most pressing need is subsistence for the most vulnerable victims of Katrina, but we should not overlook the fact that the victims of Katrina also include middle-class Americans who have saved and invested, but now face an economic crisis, .. They should be able to tap into their savings and meet this crisis without facing an unfair penalty.”

“[M]any females would, even assuming complete economic equality between the sexes, prefer residing with males or peddling their asses on the street, thereby having most of their time for themselves, to spending many hours of their days doing boring, stultifying, non-creative work for somebody else, functioning as less than animals, as machines, or, at best - if able to get a "good" job - co-managing the shitpile. What will liberate women, therefore, from male control is the total elimination of the money-work system, not the attainment of economic equality with men within it.”

“Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.”

“There will be no peace in Europe if the States rebuild themselves on the basis of national sovereignty, with its implications of prestige politics and economic protection... The countries of Europe are not strong enough individually to be able to guarantee prosperity and social development for their peoples. The States of Europe must therefore form a federation or a European entity that would make them into a common economic unit.”

“Thanks to the FedDev Ontario funding we were able to get a number of key initiatives underway to mitigate the potential negative economic impact of the Heinz closure. With this additional funding we will continue to be in high gear within the food processing sector to continue with business retention, expansion and attraction activities in the Windsor-Essex region.”

“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.”

“Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.”

“Any issue, including political, economic and religious activities human beings pursue in this world, should be fully understood before we pass our judgement. Therefore, it is very important to know the causes. Whatever the issue, we should be able to see the complete picture. This will enable us to comprehend the whole story.”

“It is also in despair of being able to understand or make any productive contribution to the highly organised chaos of our politico-economic system that large numbers of people simply abandon political and social committments. They just let society be taken over by a pattern of organisation which is as self-proliferative as a weed, and whose ends and values are neither human nor instinctive but mechanical.”

“A very high fraction of America's economic problems come not from our difficulties with education or globalization or competition with the Chinese or whatever. But they come from the fact that a small number of wealthy and powerful people who run dangerous and/or inefficient companies are able, through the use of money in the political process, to prevent the government from regulating them properly.”

“In 1988, when democracy was restored, the military establishment was still very powerful. The extremist groups were still there. And when the aid and assistance to Pakistan was cut, we had to adopt harsh economic policies. So in a way, it showed that democracy doesn't pay, and the military was able to reassert itself.”

“If capitalism worked as the socialists think an economic system ought to work, and provided a constant equality of living conditions for all, regardless of whether a man was able or not, resourceful or not, diligent or not, thrifty or not, if capitalism put no premiums on resourcefulness and effort and not penalty on idleness or vice, it would produce only an equality of destitution.”

“The abundance that is offered to us by leaving behind the fossil fuel paradigm is very promising for the world and the people of the world. We will have cleaner air, water, and food; we will have more resources to share with our people. There will be more economic freedom because people will be able to harvest their own energy.”

“Poland does not want to remain a net recipient of EU subsidies forever. On the contrary: we want the right to develop in a fair market, and by this right, we want to one day catch up with Germany in terms of welfare and economic power. This will not take 100 years! And then many Poles who emigrated will be able to return home.”