Source: September 11, 2019 Hong Kong protesters pause to mark Sept. 11 https://www.reuters.com/article/us-hongkong-protests/hong-kong-protesters-pause-to-mark-sept-11-idUSKCN1VW0DT?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29
“We enjoy a considerable net inflow of capital and I am sure that a condition of its coming, and staying, is that it is free to flow out again. It is also important for Hong Kong's status as a financial centre that there should be a maximum freedom of capital movement both in and out.”
March 29, 1963, page 134.
Official Report of Proceedings of the Hong Kong Legislative Council
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John James Cowperthwaite 38
British colonial administrator 1915–2006Related quotes
Jackie Chan at the annual Boao Forum for Asia http://news.yahoo.com/s/ap/20090421/ap_en_ot/as_hong_kong_people_jackie_chan (18 April 2009)
"There will be darker times ahead for Hong Kong but the sun will rise again" (April 19, 2019)
Joseph Wu (2019) cited in " Foreign minister urges genuine democratic elections in Hong Kong http://focustaiwan.tw/news/aipl/201907220012.aspx" on Focus Taiwan, 22 July 2019.
On Development (1964)
Context: The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
Taiwan president condemns Hong Kong authorities for firing at protesters, Taiwan News, 1, 11 November 2019, 12 November 2019 https://www.taiwannews.com.tw/en/news/3814795,
Source: Capitalism and Freedom (1962), Ch. 1 The Relation Between Economic Freedom and Political Freedom, 2002 edition, page 10
Context: Because we live in a largely free society, we tend to forget how limited is the span of time and the part of the globe for which there has ever been anything like : the typical state of mankind is tyranny, servitude, and misery. The nineteenth century and early twentieth century in the Western world stand out as striking exceptions to the general trend of historical development. Political freedom in this instance clearly came along with the free market and the development of capitalist institutions. So also did political freedom in the golden age of Greece and in the early days of the Roman era.
History suggests only that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.
"The New Capitals of Capital," http://fearandloathingingtown.blogspot.com/2009/03/quote-of-day_21.html Forbes (March 19, 2009).
"Should We Still Support Untrammelled International Capital Mobility? Or are Capital Controls Less Evil than We Once Believed?", The Economists' Voice (2004)
Source: Anti-Tech Revolution: Why and How (2016), p. 211