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Economic Quotes

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Economic Quotes

“The stark reality facing us today is that without the labour reforms, workers will get neither the income nor jobs in the face of cut-throat global economic competition.”

Reality Today Jobs Faces Cutting Economic Competition Workers Income Reform Labour Throat Starks Stark Reality Economic Competition

Author:Kim Young-sam

“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

“What is a labour victory? I maintain that it is a twofold thing. Workers must gain economic advantage, but they must also gain revolutionary spirit, in order to achieve a complete victory. For workers to gain a few cents more a day, a few minutes less a day, and go back to work with the same psychology, the same attitude toward society is to achieve a temporary gain and not a lasting victory.”

“We must elevate the craft, protect its interests, advance wages, reduce the hours of labor, spread correct economic doctrines and cultivate a spirit of fraternity among the working people regardless of creed, color, nationality or politics. These principles are the foundation principles of our organization.”

“In the anarchist milieu, communism, individualism, collectivism, mutualism and all the intermediate and eclectic programmes are simply the ways considered best for achieving freedom and solidarity in economic life; the ways believed to correspond more closely with justice and freedom for the distribution of the means of production and the products of labour among men. Bakunin was an anarchist, and he was a collectivist, an outspoken enemy of communism because he saw in it the negation of freedom and, therefore, of human dignity.”

Source: Life and Ideas: The Anarchist Writings of Errico Malatesta

“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

“If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.”

Ifs World Kind Different Actors Politics Economy Economic Scene Universal Sells Credit Isolation Liberalism Labour Capitalist Connecting Helplessness

Author:Muhammad Yunus

“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

“So long as millions of human beings in every country has to sell their labour-power to a small minority of owners, and to sink into the most wretched misery if they could find no buyers, the so called “equality before the law” remains a pious fraud, since the laws are made by those who find themselves in possession of the social wealth. But in the same way there can also be no talk of a “right over one's own person,” for that right ends when one is compelled to submit to the economic dictation of another if he does not want to starve.”

“Anarchism is a definite intellectual current in the life of our times, whose adherents advocate the abolition of economic monopolies and of all political and social coercive institutions within society. In place of the present capitalistic economic order Anarchists would have a free association of all productive forces based upon co-operative labour, which would have as its sole purpose the satisfying of the necessary requirements of every member of society, and would no longer have in view the special interest of privileged minorities within the social union.”

Source: Anarcho-Syndicalism: Theory and Practice

“The next Prime Minister walking through that door will be me or Labour Party leader Ed Miliband, you can choose an economy that grows, that creates jobs, that generates the money to ensure a properly funded and improving National Health Service ... and a government that will cut taxes for 30 million hard-working people ... or you can choose the economic chaos of Ed Miliband's Britain.”

“Labour economic stability has replaced Tory boom and bust”

Economic Labour Stability Replaced Economic Stability

Author:John Prescott

“We will pave the way for a transformation and roll back the years of Thatcherism...We will turn economic ruin into economic recovery, and above all pave the way for a General Election to elect a Labour Government.”

Way Years Government Turns Economic Transformation Election Recovery Ruins Labour General Elections Economic Recovery

Author:Arthur Scargill

“I did meet Mickey Mouse in California, and he seems to be writing the Labour party's economic policy at the moment.”

Writing Moments Seems Party Economic Policy California Labour Mice Mickey Economic Policy Labour Party

Author:George Osborne

“Social mobility decreased under Labour and under the current government it is reversing. The differences between the poorest and richest are returning to Victorian levels. We don't have open sewers and infant mortality rates at fifty percent but in economic terms we're getting to a level of disparity we haven't seen for a couple of hundred years. And we're getting there very quickly.”