2000s, 2002, State of the Union address (January 2002)
“While the Marxist faith in central planning is now confined to a few dingy sects, a quasi-religious belief in free markets continues to shape the policies of governments.Many writers have pointed to the havoc and ruin that have accompanied the imposition of free markets across the world. Whether in Africa, Asia, Latin America or post-communist Europe, policies of wholesale privatisation and structural adjustment have led to declining economic activity and social dislocation on a massive scale.”
"The end of the world as we know it," http://www.guardian.co.uk/books/2007/sep/15/politics The Guardian (2007-09-15)
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John Gray 164
British philosopher 1948Related quotes
Source: The Three Questions - Prosperity and the Public Good (1998), Chapter Two, The First Question: Self Interest and Prosperity, p. 21
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 2, Learning the right lessons from history, p. 61
Context: Rich countries have 'kicked away the ladder' by forcing free-market, free-trade policies on poor countries. Already established countries do not want more competitors emerging through the nationalistic policies they themselves successfully used in the past.
Part I, Chapter 3, The Roots of Economic Orthodoxy, p. 65
The Death of Economics (1994)
Speech at the Conservative Party conference of 1954, quoted in Ralph Harris, Politics Without Prejudice. A Political Appreciation of The Rt. Hon. Richard Austen Butler C.H., M.P. (London: Staples Press, 1956), p. 159.
Statement of 1991, during the fall of USSR. http://lanic.utexas.edu/project/castro/db/1991/19910604-1.html
Is Truth Becoming Irrelevant to Conservatives? (December 5, 2016)
“We all too often have socialism for the rich and rugged free market capitalism for the poor.”