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Economy Quotes

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Economy Quotes

“The world economy is not yet a community--not even an economic community...Yet the existence of the "global shopping center" is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.”

World Facts Community Existence Vision Economy Economic Forgotten Shopping Undone World Economy Shopping Centers

Book:The Age of Discontinuity: Guidelines to Our Changing Society

Source: The Age of Discontinuity: Guidelines to Our Changing Society

“The focus of all life is its economy, the mode through which every living creature produces its material existence. I know no other criterion for the evaluation of social life except that of social economy. In society, just like anywhere else, the mode of production is the focus around which revolve all the modes of life: in the historical life of conscious beings, it is also the focus of all modes of consciousness.”

Knows Life Is Social Existence Consciousness Economy Focus Produce Materials Creatures Conscious Historical Productions Criteria Social Life Living Creatures Evaluation

Author:Moses Hess

“One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.”

People Social Wealth Existence Poverty Millions Economy Economic Terrible Capitalism Endure Incredibles Extremes Despite Continuing Deprivation Extreme Poverty

Book:Economics for everyone: a short guide to the economics of capitalism

Source: Economics for everyone: a short guide to the economics of capitalism

“The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.”

World States Political Existence Economy Modern Mutual Interaction Parallels Modern World Political Economy

Book:The Political Economy of International Relations

Source: The Political Economy of International Relations

“Wherever the Industrial system has reached its second generation it is threatened by two mortal perils. The first is the demand by an organized proletariat for sustenance without relation to the product of its labor; a demand which threatens the very existence of PROFIT (on the necessary presumption of which Capitalism reposes). The second, and immediately graver danger is that of a revolt for the confiscation of the means of production.”

“With reason, then, the common opinion of mankind, little affected by the few dissentients who have contended for the opposite view, has found in the careful study of nature, and in the laws of nature, the foundations of the division of property, and the practice of all ages has consecrated the principle of private ownership, as being pre-eminently in conformity with human nature, and as conducing in the most unmistakable manner to the peace and tranquility of human existence.”

“One ideological claim is that private property is theft, that the natural product of the existence of property is evil, and that private ownership therefore should not exist... What those who feel this way don't realize is that property is a notion that has to do with control - that property is a system for the disposal of power. The absence of property almost always means the concentration of power in the state.”

“There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.”

May Doe Form Politics Results Existence Economy Creation Development Logic Method Available Liberalism Strict Obtaining Purchasing Purchasing Power

Author:Joseph A. Schumpeter

“No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence -- that is not only a risk for the banks, but for all of us.”

Play Easy Existence Economy Risk Amount Equity Unhealthy Easy Money

Author:Anat R. Admati

“University, as institutions, pre-date the information economy by many centuries and are not for-profit cultural entities, whose reason of existence (purportedly) is to discover truth, codify it through techniques of scholarship, and then teach it. Universities are meant to pass the torch of civilization not just download data into student skulls.”

Reason Existence Teach Economy Century Information Students Civilization Institutions University Profit Technique Data Entity Scholarship Skulls Torches Downloads

Author:Bruce Sterling