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Economic Quotes

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Economic Quotes

“The affluent society has built well in terms of economic progress, but has neglected the protection of the very water we drink as well as the values of fish and wildlife, scenic, and outdoor recreation resources. Although often measureless in commercial terms, these values must be preserved by a program that will guarantee America some semblance of her great heritage of beautiful rivers.”

“If we [American nation] are only thinking about tomorrow or the next day and not thinking about 10 years from now, we're not going to control our own economic future, because China, Germany - they're making these [clean energy] investments. And I'm not going to cede those jobs of the future to those countries. I expect those new energy sources to be built right here in the United States.”

“The nation as such is not a large subject that has needs, that works, practices economy, and consumes. . . . Thus the phenomena of “national economy” . . . are, rather, the results of all the innumerable individual economic efforts in the nation and . . . must also be theoretically interpreted in this light. . . .Whoever wants to understand theoretically the phenomena of “national economy” . . . must for this reason attempt to go back to their true elements, to the singular economies in the nation, and to investigate the laws by which the former are built up from the latter.”

“The Lockean assumption that if we put our labor to it then it becomes our own is totally fallacious. We have to figure out how to leave things alone, and build an economic system that's not built on a linear model, but instead on a cyclical model, because that's the natural world - it's cyclical and not linear. That is going to take a lot of transformation.”

“The effect of the post-Enlightenment project for human society is that all human activity is absorbed into labor. It becomes an unending cycle of production for the sake of consumption. The modern concept of "built-in obsolescence" makes this clear. The cycle of production and consumption has to be kept going, and the work of the artist or craftsman who aims to create something enduring becomes marginal to the economic order.”

“For out of this modern civilization economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service.”