“The historical debate is over. The answer is free-market capitalism.”

—  Thomas Friedman, book The Lexus and the Olive Tree

[The Lexus and the Olive Tree: Understanding Globalization, 1st edition, May 2, 2000, Anchor, ISBN 0-3854-9934-5, The Golden Straitjacket]

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "The historical debate is over. The answer is free-market capitalism." by Thomas Friedman?
Thomas Friedman photo
Thomas Friedman31
American journalist and author 1953

Related quotes

Ha-Joon Chang photo

“The history of capitalism has been so totally re-written that many people in the rich world do not perceive the historical double standards involved in recommending free trade and free market to developing countries.”

Ha-Joon Chang book Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism

Prologue, p. 16
Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008)

Lawrence Kudlow photo

“Free market capitalism is the best path to prosperity!”

Lawrence Kudlow (1947) American economist

Kudlow's Money Politics blog http://kudlowsmoneypolitics.blogspot.com/2007/09/free-market-hall-of-fame.html, September 14, 2007. (known as the "Kudlow Creed" on the Kudlow & Company show)

Ian Bremmer photo

“It's not a third way between state capitalism and free markets, it is the free market way. Multi-national corporations should be the principal actors, but they should be properly regulated.”

Ian Bremmer (1969) American political scientist

"The West Should Fear the Growth of State Capitalism," http://www.telegraph.co.uk/finance/economics/7883061/The-West-should-fear-the-growth-of-state-capitalism-Ian-Bremmer.html The Daily Telegraph (July 10, 2010).

David Korten photo

“In the 1980s capitalism triumphed over communism. In the 1990s it triumphed over democracy and the market economy.”

David Korten (1937) writer, sustainability advocate

The Post-Corporate World: Life After Capitalism (2012)

Daniel Bell photo

“It is important to realize that the market economy, though it is associated historically with the rise of modern private capitalism, is as a mechanism not necessarily limited to that system.”

Daniel Bell book The Cultural Contradictions of Capitalism

Source: The Cultural Contradictions of Capitalism (1976), Chapter 6, The Public Household, p. 223

Martin Luther King, Jr. photo

“We all too often have socialism for the rich and rugged free market capitalism for the poor.”

Martin Luther King, Jr. (1929–1968) American clergyman, activist, and leader in the American Civil Rights Movement

Eric Foner photo

“America's historic sense of mission has been redefined to mean the creation of a single global free market.”

Eric Foner (1943) American historian

2000s, The Century: A Nation's-Eye View (2002)

Ian Bremmer photo

“In the last 21 months, if you've learnt anything, it's that the state is back. If the free market fails, it's not because it's been defeated by state capitalism; the only people that can defeat the free market is us, we're the only ones who can destroy it.”

Ian Bremmer (1969) American political scientist

"The West Should Fear the Growth of State Capitalism," http://www.telegraph.co.uk/finance/economics/7883061/The-West-should-fear-the-growth-of-state-capitalism-Ian-Bremmer.html The Daily Telegraph (July 10, 2010).

“Vulgar libertarian apologists for capitalism use the term "free market" in an equivocal sense: they seem to have trouble remembering, from one moment to the next, whether they’re defending actually existing capitalism or free market principles. … When prodded, they’ll grudgingly admit that the present system is not a free market, and that it includes a lot of state intervention on behalf of the rich. But as soon as they think they can get away with it, they go right back to defending the wealth of existing corporations.”

Kevin Carson (1963) American academic

Studies in Mutualist Political Economy (2007), Chapter 4.
Studies in Mutualist Political Economy (2007)

Ian Bremmer photo

“The free market tide has now receded. In its place has come state capitalism, a system in which the state functions as the leading economic actor and uses markets primarily for political gain.”

Ian Bremmer (1969) American political scientist

"State Capitalism Comes of Age," http://www.foreignaffairs.com/articles/64948/ian-bremmer/state-capitalism-comes-of-age Foreign Affairs (May/June 2009).

Related topics