“We mustn't fear to adopt the advanced management methods applied in capitalist countries. The very essence of socialism is the liberation and development of the productive systems. Socialism and market economy are not incompatible. We should be concerned about right-wing deviations, but most of all, we must be concerned about left-wing deviations.” ShouldCountryLeftEconomyDevelopmentConcernedEssenceManagementMethodWingsSocialismLiberationProductiveCapitalistRight WingLeft WingMarket EconomyDeviation Author:Deng Xiaoping
“Populism is at its essence just determined focus on helping people be able to get out of the iron grip of the corporate power that is overwhelming our economy, our environment, energy, the media, government. One big difference between real populism and what the Tea Party thing is, is that real populists understand that government has become a subsidiary of corporations. So you can't say, let's get rid of government. You need to be saying let's take over government.” PeopleNeedsRealHelpingBigsGovernmentAbleEnergyDifferencesPartyEconomyEnvironmentFocusMediaEssenceDeterminedTeaCorporateCorporationsIronOverwhelmingHelping PeopleOur EnvironmentTea PartyPopulistPopulism Author:Jim Hightower
“Bourgeois political economy ... never gets to see man who is its real subject. It disregards the essence of man and his history and is thus in the profoundest sense not a 'science of people' but of non-people and of an inhuman world of objects and commodities.” PeopleMenWorldRealPoliticalEconomySubjectsObjectsEssenceCommodityBourgeoisDisregardInhumanPolitical Economy Book:The Essential Marcuse: Selected Writings of Philosopher and Social Critic Herbert Marcuse Source: The Essential Marcuse: Selected Writings of Philosopher and Social Critic Herbert Marcuse
“The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [...] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.” RealProblemLyingAbilityEconomySeriousLaborEssenceFinancialDebtSavingSpheresFactoriesBubblesEstatesSavingsOverheadBond Market Author:Michael Hudson
“The institution of private property... is undergoing, at this time, a strain never put on it before. Not because the corporation, in essence, is retrogressive or unrepublican, but because in fact, it is unrepublican, and for that reason retrogressive also.” ReasonFactsPoliticsEconomyEssenceInstitutionsPropertyCorporationsLiberalismStrainPrivate Property Author:Peter S. Grosscup
“The essence of capitalism is expressed in two of its basic features: a) profit maximization and b) market competition. In their abstract formulations none of them was supposed to have anything conspiratorial against the poor. But in real life they turn out to be the "killers" of the poor - by making rich the richer and poor the poorer.” TwoRealTurnsPoliticsPoorEconomyRichCapitalismEssenceCompetitionProfitReal LifeFeaturesAbstractLiberalismKillersProfit Maximization Author:Muhammad Yunus
“In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.” PeopleMeanEndsUseEconomyAchieveLaborEssenceDivisionCooperationMarket EconomySpecialization Author:Stephan Kinsella