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Economic Quotes

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Economic Quotes

“Government by the people for the people becomes meaningless unless it includes major economic decision-making by the people for the people. This is not simply an economic matter. In essence it is an ethical and moral question, for whoever takes the important economic decisions in society ipso facto determines the social priorities of that society.”

People Important Matter Government Social Decision Moral Economic Majors Essence Determine Priorities Decision Making Ethical Meaningless

Author:Jimmy Reid

“Let us then repeat and firmly fix this main point: the evil, the root evil, of that to which the term Capitalism has come to be applied, is neither its functioning for profit nor its dependence upon legally protected private property; but the presence of a Proletariat, that is of men possessing political freedom, but dispossessed of economic freedom, and existing in such large numbers in any community as to determine the tone of all that community.”

Source: The Crisis Of Civilization

“But would the young do any better under the same circumstances? Will they do any better when their turns come? The answer is that youth would not and cannot, given the financial and economic framework within which the elders are operating. While the moral convictions of individuals are important in the long run, it is institutions that determine the immediate course of events - particularly the institutions of finance.”

Source: Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals

“Even if the constants which economists wish to determine were less numerous, and the method of experiment more accessible, we should still be faced with the fact that the constants themselves are different at different times. 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.”

“There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history-a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it's crucial to get the history straight.”

Moments Past Causes Behinds Situation Steps Economic Dangerous Policy Battle Tasks Crisis Threat Investing Determine Currents Credit Debate Crucial Urgent Current Situation

Author:Joseph Stiglitz

“We have in this country a federal government that increasingly is engaged in trying to determine which business, which regions, which industries will succeed, which will not through a whole range of economic development, regional development corporate subsidization programs.”

Trying Country Whole Government Economic Development Industry Succeed Program Determine Corporate Range Engaged Regions Federal Government Economic Development

Author:Stephen Harper

“You can be an extreme materialist, thinking that economic development ultimately determines everything; then you are truly ideological.”

Thinking Economic Development Determine Extremes Ideological Economic Development

Author:Slavoj Žižek

“A life where bots tell us what to do every second - get up, go to work, do this, have kids with this person - is completely reasonable. Bots determine our economic opportunities; We have already accepted that. All the decision making would be done by bots and we wouldn't even notice.”

Persons Done Would Be Kids Opportunity Decision Economic Determine Accepted Get Up Reasonable Decision Making Every Second

Author:Daniel Suarez

“One is not born, but rather becomes, a woman. No biological, psychological, or economic fate determines the figure that the human female presents in society; it is civilization as a whole that produces this creature, intermediate between male and eunuch, which is described as feminine.”

Humans Whole Born Fate Economic Figures Produce Civilization Creatures Female Males Determine Psychological Feminine Eunuchs

Book:The Second Sex

Source: The Second Sex