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Economic Quotes

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Economic Quotes

“We must begin by acknowledging that there is a complete absence of two things in Indian Society. One of these is equality. On the social plane we have an India based on the principles of graded inequality, which means elevation for some and degradation for others. On the economic plane we have a society in which there are some who have immense wealth as against many who live in abject poverty.”

Mean Two Social Wealth Principles Poverty Economic India Absence Inequality Indian Planes Two Things Immense Degradation Elevation

Author:B. R. Ambedkar

“Peace should be understood in a human way - in a broad social, political and economic way. Peace is threatened by unjust economic, social and political order, absence of democracy, environmental degradation and absence of human rights.”

Way Should Humans Political Order Social Democracy Rights Economic Understood Environmental Human Rights Absence Broads Threatened Unjust Degradation Environmental Degradation

Book:Creating a World Without Poverty: Social Business and the Future of Capitalism

Source: Creating a World Without Poverty: Social Business and the Future of Capitalism

“Nietzsche saw in the Protestant ethic, in both its religious and secular (economic) forms, a final protest before the emergence into dominance of the ordered, bourgeois world of the 'last man' he who will pay any price in tedium for comfort and the absence of tension.”

Source: Break-Out from the Crystal Palace: The Anarcho-Psychological Critique: Stirner, Nietzsche, Dostoevsky

“poverty has no causes. Only prosperity has causes. Analogically, heat is a result of active processes; it has causes. But cold is not the result of any processes; it is only the absence of heat. Just so, the great cold of poverty and economic stagnation is merely the absence of economic development.”

Causes Process Results Poverty Economic Cold Development Prosperity Active Absence Heat Stagnation Economic Development

Book:The Economy of Cities

Source: The Economy of Cities

“The great multinationals are unwilling to face the moral and economic contradictions of their own behavior - producing in low-wage dictatorships and selling to high-wage democracies. Indeed, the striking quality about global enterprises is how easily free-market capitalism puts aside its supposed values in order to do business. The conditions of human freedom do not matter to them so long as the market demand is robust. The absence of freedom, if anything, lends order and efficiency to their operations.”