Source: World Commodities and World Currencies (1944), Chapter X, Commodity Unit Stabilization, p. 114
Context: We have introduced the monetary factor not by necessity but by choice. Its advantages are obvious. Self-financed commodity units are not only interest free, but free also from dependence upon credit conditions. They are a step-desirable, it seems to us-in the direction of a goods economy as distinct from a money economy; but this step is taken without violence by merely identifying basic goods with money. It guarantees unfailing purchasing power where it is most needed-among the countless producers of raw commodities.
“It pains to see that some investors are importing raw commodities, although just on their door steps, similar produces are left to decay.”
Insisting investors to give local produce first priority. 2007-11-14 http://www.ippmedia.com/ipp/guardian/2007/11/14/102447.html
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Ali Mohamed Shein 2
President of Zanzibar 1948Related quotes
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Source: The Three Questions - Prosperity and the Public Good (1998), Chapter Two, The First Question: Self Interest and Prosperity, p. 39-40
Source: The Postmodern Condition: A Report on Knowledge (1977), p.5
“Old teenage hopes are alive at your door
Left you with nothing
But they want some more.”
"1 2 3 4" (written with Sally Seltmann)
The Reminder (2007)
Context: One Two Three Four
Tell me that you love me more
Sleepless, long nights
That was what my youth was for Old teenage hopes are alive at your door
Left you with nothing
But they want some more.
“Every commodity is compelled to chose some other commodity for its equivalent.”
Vol. I, Ch. 1, Section 3, pg. 65.
(Buch I) (1867)