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Economy Quotes

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Economy Quotes

“So many people have that kind of attitude and approach to learning that it gives me great hope for the world. I say hope in the sense that innovations in science and technology will be the engines of a 21st century economy and I don't want to go broke, as a nation. So, the hope I have is that, if people embrace it, we'll have a healthier, more secure, wealthier nation than we have.”

“We believe this approach (progress sharing) is a rational approach because you cooperate in creating the abundance that makes the progress possible, and then you share that progress after the fact, and not before the fact. Profit sharing would resolve the conflict between management apprehensions and worker expectations on the basis of solid economic facts as they materialize rather than on the basis of speculation as to what the future might hold.”

“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.”

“Many of the deficiencies of our economic system could be alleviated if ways were found to broaden the ownership of the means of production... This has happened in some companies through ESOPs. Successful approaches of this sort would pay dividends in terms of employee commitment and morale. And they would not deprive anyone of his present holdings since they are based on future growth.”

“Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.”

“Great parts of our economy are directly dependent upon women having a weak self-concept. A multi-billion dollar fashion-cosmetic industry testifies to the validity of this approach. A woman who does not know who she is can be sold anything.”

“The foundation of Ontario's economy is our skilled workers and innovative companies. Our government will continue its proactive approach to partnering with business and industry, investing strategically to help companies grow and create jobs in this period of economic uncertainty.”