“The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.” WorldYearsFirstsStatesPoliticalThreeEconomyBecomingHundredConceptsFirst TimeSovereignSovereigntyDivorcedPolitical Systems Author:Peter Drucker
“The danger is not only that these austerity measures are killing the European economies but also that they threaten the very legitimacy of European democracies - not just directly by threatening the livelihoods of so many people and pushing the economy into a downward spiral, but also indirectly by undermining the legitimacy of the political system through this backdoor rewriting of the social contract.” PeoplePoliticalSocialEconomyDemocracyDangerKillingPushingContractsThreateningPolitical SystemsLivelihoodSpiralsLegitimacyRewritingUnderminingAusteritySocial ContractDownward SpiralBackdoor Author:Ha-Joon Chang
“There is only one revolution tolerable to all men, all societies, all political systems: Revolution by design and invention.” MenWisdomPoliticalPoliticsEconomyDesignRevolutionInventionLiberalismPolitical SystemsTolerable Author:R. Buckminster Fuller
“The enactment of the Homestead Act would create the strongest tie between the citizen and the Government-he would with cheerfulness contribute his proportionable part of the taxes to defray the expenses of the political system under which he lived.” WisdomGovernmentPoliticalPoliticsEconomyCitizensTaxesTiesLiberalismExpensesStrongestCheerfulnessPolitical SystemsHomestead Act Author:Andrew Johnson
“In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.” WantLongDoeMadeRealHappensJobsPoliticalLyingDifferencesDecisionCasesEconomyResourcesRemainsInvestmentOur SocietyZeroConsumedPolitical SystemsReal Power Author:Noam Chomsky
“It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.” StillsPoliticalEconomyExampleRemainsChinaCommunistPolitical SystemsMarket EconomyRetaining Book:Global Shift: Mapping the Changing Contours of the World Economy Source: Global Shift: Mapping the Changing Contours of the World Economy
“China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.” Has BeensRealWholeMovingPoliticalForceDealsRolesEconomyTakenGrowingProgressEconomicMiracleDemocraticChinaRussiaPolitical SystemsDemocratic SocietyEconomic Progress Author:Milton Friedman
“The 'American dream' ... means an economy in which people who work hard can get ahead and each new generation lives better than the last one. The 'American dream' also means a democratic political system in which most people feel they can affect public decisions and elect officials who will speak for them. In recent years, the dream has been fading.” PeopleFeelsYearsMeanHas BeensHardDreamLastsPoliticalSpeakDecisionEconomyGenerationsHard WorkEconomicsDemocraticOfficialsAmerican DreamPolitical SystemsNew GenerationFadingGet Ahead Author:Alice Rivlin