Economic Systems Quotes

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  • Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.

  • With impressive proof on all sides of magnificent progress, no one can rightly deny the fundamental correctness of our economic system.

    Herbert Hoover (1929). “The New Day: Campaign Speeches of Herbert Hoover, 1928”, p.30, Stanford University Press
  • I thought that, given the system of rewards central to our economic system, in which profit maximization is valued above all else and specifically above life, it is probably just as irresistible to the owners of capital (human or otherwise) to exploit workers (and the land): "Nothing personal," they say as they load their property onto the ship bound for the Middle Passage, "but a man's gotta turn a dime."

    Men   Land   Dimes  
    Derrick Jensen (2002). “The Culture of Make Believe”, p.102, Chelsea Green Publishing
  • The main message we want to get out there is that climate change is caused by the rotten economic system.

    Climate   Rotten   Want  
    "Vivienne Westwood’s Five Most Westwood-y Backstage Quotes". www.thecut.com. February 18, 2013.
  • There is a certain beauty and refinement that is often found in our world and it is expensive. It shouldn't necessarily be so. It is just the way our economic system is.

  • When I first saw China, there were no automobiles. There were no supermarkets. There were no high-rise buildings. There were no consumer goods. There were no restaurants that were at least accessible that foreigners could see. It was a Stalinist society, and a very poor Stalinist society. So the economic system has totally changed, and the private sector in the economic system is now the dominant sector. It didn't exist at all as late as 1979.

    Saws   Firsts   Building  
    Source: www.pbs.org
  • What a hell of an economic system! Some are replete with everything while others, whose stomachs are no less demanding, whose hunger is just as recurrent, have nothing to bite on. The worst of it is the constrained posture need puts you in. The needy man does not walk like the rest; he skips, slithers, twists, crawls.

    Men   Twists   Doe  
    "Rameau's Nephew". Book by Denis Diderot, 1821.
  • It is also in despair of being able to understand or make any productive contribution to the highly organised chaos of our politico-economic system that large numbers of people simply abandon political and social committments. They just let society be taken over by a pattern of organisation which is as self-proliferative as a weed, and whose ends and values are neither human nor instinctive but mechanical.

    Weed   Taken   Numbers  
  • The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.

    Wisdom   Men   Hands  
  • If capitalism is to remain a healthy, vibrant economic system, corporations must participate in taking care of the society and the environment in which they live.

    "Calling on the Private Sector: It’s Time to Play a Role" by Simon Mainwaring, www.huffingtonpost.com. June 13, 2011.
  • under a monopolistic economic system the opportunity to earn a living by one's labour comes to be regarded as a privilege instead of a natural right. Women are simply held to be less entitled to this privilege than men.

    Work   Opportunity   Men  
  • Our social and economic system cannot march toward better days unless it is inspired by things of the Spirit. It is here that the higher purposes of individualism must find their sustenance.

    Herbert Hoover (2005). “American Individualism”, p.26, Cosimo, Inc.
  • I view derivatives as time bombs, both for the parties that deal in them and the economic system.

    Party   Views   Bombs  
    Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.74, John Wiley & Sons
  • In the latter half of the last century the impact of the expanding influence of Western culture and economic system brought about in China a severe conflict.

    Chen Ning Yang (2005). “Selected Papers, 1945-1980, with Commentary”, p.247, World Scientific
  • Capitalism is an organized system to guarantee that greed becomes the primary force of our economic system and allows the few at the top to get very wealthy and has the rest of us riding around thinking we can be that way, too - if we just work hard enough, sell enough Tupperware and Amway products, we can get a pink Cadillac.

    "Is Michael Moore Pro-Piracy: Illegal Copies of “Capitalism: A Love Story” Inspiring OWS?" by Anthony Kaufman, www.indiewire.com. December 6, 2011.
  • So long as the great majority of the poor in any country are inert and are laboring without any hope in this world, the whole associated life of that community rests on an equivocal foundation. Its moral and social order is tied to an economic system which starves and mutilates the great majority of the population, and under such conditions its religion necessarily becomes a spiritual drug, administered for the purpose of subduing the popular discontent and relieving the popular misery.

  • Capitalism, gaudy and greedy, has been inherent in western aesthetics from ancient Egypt on. It is the mysticism and glamour of things , which take on a personality of their own. As an economic system, it is in the Darwinian line of Sade, not Rousseau.

    Camille Paglia (1990). “Sexual Personae: Art and Decadence from Nefertiti to Emily Dickinson”, Vintage
  • The world is a complex, interconnected, finite, ecological - social - psychological - economic system. We treat it as if it were not, as if it were divisible, separable, simple, and infinite. Our persistent, intractable global problems arise directly from this mismatch.

    Simple   World   Problem  
    "Whole Earth Models and Systems". "The CoEvolution Quarterly", p. 98 - 108, Summer 1982.
  • A leader has to know how the system functions - not just the system of government but the whole social and economic system, including business, the unions, and the universities.

    "Straight From The Heart". Book by Jean Chrétien, 1985.
  • An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.

    Erosion   Long   Abuse  
    David C. Korten (1995). “When Corporations Rule the World”, Island Press
  • If we hope to stem the mass destruction that inevitably attends our economic system (and to alter the sense of entitlement - the sense of contempt, the hatred - on which it is based), fundamental historical, social, economic, and technological forces need to be pondered, understood, and redirected. Behavior won't change much without a fundamental change in consciousness. The question becomes: How do we change consciousness?

    Derrick Jensen (2004). “The Culture of Make Believe”, p.295, Chelsea Green Publishing
  • An economic system which can only expand or expire must be false to all that is human.

    Edward Abbey (1988). “Desert Solitaire”, p.114, University of Arizona Press
  • What is applicable is to understand that first of all China has undergone a huge revolution in the last years. Anyone who saw China as I did in 1971 - and for that matter even in 1979, because not much had changed between 1971 and 1979 - and sees China today, knows one is in a different economic system.

    Source: www.pbs.org
  • When money, instead of man, is at the center of the system, when money becomes an idol, men and women are reduced to simple instruments of a social and economic system, which is characterized, better yet dominated, by profound inequalities. So we discard whatever is not useful to this logic; it is this attitude that discards children and older people, and is now affecting the young.

  • The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.

  • I had an economic system imposed on me.

    "Lauryn Hill announces rare UK appearance". www.theguardian.com. April 28, 2014.
  • We need to reclaim our American system of limited government, low taxes, reasonable regulations and sound money, which has blessed us with unprecedented prosperity. And it has done more to help the poor than any other economic system ever designed.

    "GOP Urge Obama to Join in Cutting Spending". www.foxnews.com. January 25, 2011.
  • Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.

    Wall   World   Poverty  
  • A just wage for the worker is the ultimate test of whether any economic system is functioning justly.

  • This was 1990, the year that communism died in Europe and it seemed strange to me that in all the words that were written about the fall of the iron curtain, nobody anywhere lamented that it was the end of a noble experiment. I know that communism never worked and I would have disliked living under it myself but none the less it seems that there was a kind of sadness in the thought that the only economic system that appeared to work was one based on self interest and greed.

    Fall   Sadness   Self  
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