“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
“The essence of the this-time-is-different syndrome is...rooted in the firmly held belief that financial crises are things that happen to other people in other countries at other times; crises do not happen to us, here and now. We are doing things better, we are smarter, we have learned from past mistakes. The old rules of valuation no longer apply. Unfortunately, a highly leveraged economy can unwittingly be sitting with its back at the edge of a financial cliff for many years before chance and circumstance provoke a crisis of confidence that pushes it off.” PeopleYearsDifferentCountryHappensPastBeliefChanceMistakeEconomyCircumstancesSittingEssenceCrisisFinancialEdgesRootedOther CountriesSmarterProvokingCliffsHere And NowSyndromesFinancial CrisisValuationPast Mistakes Author:Carmen Reinhart
“What the Supreme Court did in Citizens United is to say to these same billionaires and the corporations they control: 'You own and control the economy, you own Wall Street, you own the coal companies, you own the oil companies. Now, for a very small percentage of your wealth, we're going to give you the opportunity to own the United States Government.' This is the essence of what Citizens United is all about - and that's why it must be overturned.” GivingStatesGovernmentOpportunityWealthUnitedCompanyUnited StatesEconomyStreetsWallCitizensEssenceCourtOilSupremeCorporationsSupreme CourtCoalPercentagesBillionaireState GovernmentUnited States GovernmentOil CompaniesCitizens United Author:Bernie Sanders
“The essence of all slavery consists in taking the product of another's labor by force. It is immaterial whether this force be founded upon ownership of the slave or ownership of the money that he must get to live.” ForceFreedomEconomyProductsLaborEssenceSlaverySlaveAnarchyOwnershipLive Free Author:Leo Tolstoy
“The essence of globalization is a subordination of human rights, of labor rights, consumer, environmental rights, democracy rights, to the imperatives of global trade and investment.” HumansEconomyDemocracyRightsLaborEssenceTradeInvestmentEnvironmentalHuman RightsConsumersGlobalizationImperativesSubordinationEnvironmental JusticeConsumer Protection Author:Ralph Nader