Quotes about economics (3228 quotes, page 31)

“Maitreya says that no nation can work on one wheel. If you see a nation as a cart, it must have two wheels; otherwise it will not go. If one wheel alone is capitalism, it will not move. If one wheel alone is socialism, it will not move. The only thing that will make the cart, that is your political/economic structure, work properly is to have the best of socialism and the best of capitalism. The Masters advise 70 per cent socialism to 30 per cent capitalism as the best proportion.”

Benjamin Creme (1922–2016) artist, author, esotericist

The World Teacher for All Humanity (2007)

Making love

“Before more months or years are spent by Ministers, by economic staffs, by industrialists and by trade unionists, in a pursuit which is as foredoomed to futility as filling a sieve or making a rope of sand, it is time to call a halt, and to declare in round and unmistakeable terms that an incomes policy, in any relevant or useful sense, does not and cannot exist—except perhaps in a communist dictatorship.”

Enoch Powell (1912–1998) British politician

Speech in Birmingham (28 November 1964), quoted in A Nation Not Afraid. The Thinking of Enoch Powell (B. T. Batsford Ltd, 1965), p. 100
1960s

Sense , Time , Making love

“Society is much more than a collection of individuals acting together, even through the complex and subtle mechanisms of the free economy, for material advantage. It has an existence of its own; it thinks and feels; it looks inwards, as a community to its own members; it looks outwards as a nation, into a world populated by other societies, like or unlike itself. The Tory Party, with its deep sense of history, has always concerned itself especially with these two aspects of society, and I believe that the British people would instinctively and rightly reject a philosophy which offered them just an economic machine, however efficient and successful.”

Enoch Powell (1912–1998) British politician

Speech in Bromley (24 October 1963), quoted in A Nation Not Afraid. The Thinking of Enoch Powell (B. T. Batsford Ltd, 1965), pp. 4–5
1960s

History , Success , People , Communication

“For too long, perhaps ever since the war, we postponed facing up to fundamental choices and fundamental changes in our society and in our economy. This is what I mean when I say we have been living on borrowed time. For too long this country – all of us, yes this Conference too – has been ready to settle for borrowing money abroad to maintain our standards of life, instead of grappling with the fundamental problems of British industry. Governments of both parties have failed to ignite the fires of industrial growth in the ways that countries with very different political and economic philosophies have done.”

James Callaghan (1912–2005) Prime Minister of the United Kingdom; 1976-1979

Speech to the Labour Party Conference in Blackpool (28 September 1976), quoted in James Callaghan, Time and Chance (Collins, 1987), p. 425
Prime Minister

Money , Time , Country , War

“The underlying cause has to do with deep, deep, deep realms of racial injustice, both in our criminal justice system and in our economic system… The Democratic Party should be on the side of reparations for slavery for this very reason… I do not believe that the average American is a racist, but the average American is woefully undereducated about the history of race in the United States.”

Marianne Williamson (1952) American writer

Statement regarding a police shooting in South Bend, Indiana, in her first Democratic Party presidential debate (27 June 2019), as quoted in "Long-shot 2020 Dem Marianne Williamson calls for reparations, after debate skirmish over South Bend shooting" by Brooke Singman. in Fox News (27 June 2019) https://www.foxnews.com/politics/long-shot-2020-dem-marianne-williamson-calls-for-reparations-after-debate-skirmish-over-south-bend-shooting

Justice , History

“The knowledge that He is ready and anxious publicly to appear to His loved Humanity only adds to the sense of general frustration, and another very vital question arises: For what period of time must we endure, struggle and fight? The reply comes with clarity: He will come unfailingly when a measure of peace has been restored, when the principle of sharing is at least in process of controlling economic affairs, and when churches and political groups have begun to clean house. Then He can and will come; then the Kingdom of God will be publicly recognised and will no longer be a thing of dreams and of wishful thinking and orthodox hope.”

Alice A. Bailey (1880–1949) esoteric, theosophist, writer

Source: The Reappearance of the Christ (1948), Chapter VII

God , Peace , Time , Housing

“Is the Gospel story historically true? Is it a mystical tale of great beauty and of real teaching value but nevertheless of no vital import to the intelligent men and women of today, who pride themselves on their reasoning powers and upon their independence of ancient mental trammels and of old and dusty traditions? As to the perfection of the portrayed character of Christ there is never any question. The enemies of Christianity admit His uniqueness, His basic profundity and His understanding of the hearts of men. They recognise the intelligence of His ideas and sponsor them in their own philosophies. The developments which the Carpenter of Nazareth brought about in the fabric of human life, His social and economic ideals, and the beauty of the civilisation which could be founded upon the ethical teaching of the Sermon on the Mount are frequently emphasised by many who refuse to recognise His mission as an expression of divinity.”

Alice A. Bailey (1880–1949) esoteric, theosophist, writer

Source: From Bethlehem to Calvary (1937), Chapter One

Understanding , Question , Beauty , Intelligence

“Many people ask what a Green New Deal entails. We are calling for a wartime-level, just economic mobilization plan to get to 100% renewable energy ASAP. To read more, check out…”

Alexandria Ocasio-Cortez (1989) American politician

Twitter post, https://twitter.com/AOC/status/1080269371921088514 (1 January 2019)
Twitter Quotes (2019), January 2019

People , Reading

“Black folks are descendants of slaves that were imported, quote-unquote by slave owners, to the United States for the explicit purpose of cultivating crops. And it was predicated on white supremacy and racial superiority, but we have to understand that white supremacy exists for a reason, and they exist for a very specific cultural and economic reasons. And LBJ talked about this — like, if you can convince a poor white man that he’s superior to a black man, he’ll empty his pockets for you. And so it’s not just economic reasons why racism exists but there are economic reasons why racism is perpetuated and incentivized. More of that’s housing, income, et cetera. And like I said on Monday with Ta-Nehisi, until America tells the truth about itself we’re never going to heal. And this — it’s like this thing that as a culture we hide… it’s like this big wound with a big ugly scab on it, and it’s just going to stay this itchy thing that we keep going back to until we just deal with it.”

Alexandria Ocasio-Cortez (1989) American politician

Alexandria Ocasio-Cortez on her First Weeks In Washington, The Intercept https://theintercept.com/2019/01/28/alexandria-ocasio-cortez-podcast/ (28 January 2019)
Quotes (2019)

Truth , Understanding , Housing , Quotes

“There are some of our own people who still think that the Communists are the left wing of the Socialist movement. They are not. The Socialist movement was a movement for freedom in its widest sense. From the point of view of freedom, Communists are on the extreme right—more reactionary than some of the old tyrannies which we knew in the past. What is the thing for which we fight, for which the men with whom we feel the stir of sympathy throughout the ages have fought? Freedom. But that fight changes from age to age and the freedom that some men fought for may turn out to be tyranny. Communists, concentrating solely on the economic aspects of freedom…have produced the ghastly travesty of Socialism in the lands behind the iron curtain.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Speech in Glasgow (10 April 1949), quoted in The Times (11 April 1949), p. 4
Prime Minister

Freedom , Past , People , Fight

“At the one end of the scale are the Communist countries: at the other end the United States of America stands for individual liberty in the political sphere and for the maintenance of human rights. But its economy is based on capitalism, with all the problems which it presents, and with the characteristic extreme inequality of wealth in its citizens. … Great Britain, like the other countries of western Europe, is placed geographically and from the point of view of economic and political theory between these two great continental States. … Our task is to work out a system of a new and challenging kind, which combines individual freedom with a planned economy, democracy with social justice.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Broadcast (3 January 1948), quoted in The Times (5 January 1948), p. 4
Prime Minister

Democracy , Justice , Country , Freedom

“What is this principle? It is not embodied in some narrow doctrinaire formula, as some of our opponents would suggest. Still less is it a particular economic or political formula laid down once for all. It is essentially a moral principle on which we believe the life of nations and of individuals should be ordered. That principle is the brotherhood of man.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Speech to a London Labour Party rally in the Royal Opera House, Covent Garden (5 May 1946), quoted in The Times (6 May 1946), p. 3
Prime Minister

Life

“We of the Labour Party reject policies and measures which failed the nation then and will fail the nation now. We want to lay the foundations of a new and better Britain worthy of our great people. That is why we propose in the interests of the whole nation that the community should become the master of its economic progress and prosperity, instead of leaving control in private hands to be used primarily for the private advantage of a few. In short, we are standing for the common weal. But we need political power to enable us to give practical effect in Parliament to our great forward-looking policies. The nation has now the chance to give Labour the necessary power to do the job, and I appeal to the electors in the constituency which you are contesting to make certain of electing you to the new House of Commons.”

Clement Attlee (1883–1967) Former Prime Minister of the United Kingdom

Message to Labour candidates, quoted in The Times (29 June 1945), p. 2
Leader of the Opposition

Chance , Housing , People , Communication

“And what is this bill? This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations.”

Smedley D. Butler book War Is a Racket

War is a racket (1935)

Home , Heart

“The preponderant weight of economic power in the Constitutional Convention, while conceding the outward forms of political democracy, went on at once to curb the exercise of the very power it had just granted; it crippled the force of democratic power at the source by parceling up this power by a marvelously dexterous system of barriers to its expression. Thus political equality under the ballot was granted on the unstated but factually double-locked assumption that the people must refrain from seeking the extension of that equality to the economic sphere. In short, the attempted harmonious marriage of democracy to capitalism doomed genuinely popular control from the start.”

Robert Staughton Lynd (1892–1970) American sociologist

Foreword to Business as a System of Power (1943), p. vii

Marriage , Democracy , People , Exercises

“There are some who question the relevance of space activities in a developing nation. To us, there is no ambiguity of purpose. We do not have the fantasy of competing with the economically advanced nations in the exploration of the Moon or the planets or manned space-flight. But we are convinced that if we are to play a meaningful role nationally, and in the community of nations, we must be second to none in the application of advanced technologies to the real problems of man and society, which we find in our country. And we should note that the application of sophisticated technologies and methods of analysis to our problems is not to be confused with embarking on grandiose schemes, whose primary impact is for show rather than for progress measured in hard economic and social terms.”

Vikram Sarabhai (1919–1971) (1919-1971), Indian physicist

Quoted in "List Of Important Speeches And Papers By Dr. Vikram A. Sarabhai"
Source: [List Of Important Speeches And Papers By Dr. Vikram A. Sarabhai., https://www.prl.res.in/~library/sarabhai_v_speeches.pdf, PRL.res.in, 27 June 2019, https://web.archive.org/web/20190627181445/https://www.prl.res.in/~library/sarabhai_v_speeches.pdf, 27 June 2019, 113]

Problem , Question , Country , Communication

“Those could be the famous last words of a one-term president, having wildly underestimated the public appetite for transformative action on the triple crises of our time: imminent ecological unraveling, gaping economic inequality (including the racial and gender wealth divide), and surging white supremacy.”

Naomi Klein (1970) Canadian author and activist

The Battle Lines Have Been Drawn on the Green New Deal, The Intercept, https://theintercept.com/2019/02/13/green-new-deal-proposal/ (13 February 2019)

Wealth , Time

“Gualtieri is just a mere political enforcer of the will of banks and big finance. Direct expression of the economic powers that supported his appointment, he is the representative of the most hostile elements to the workers, their interests and their aspirations.”

Marco Rizzo (1959) Italian politician

Zoro e i "4 ministri comunisti al governo" https://www.lantidiplomatico.it/dettnews-zoro_e_i_4_ministri_comunisti_al_governo/82_30601/, 12 September 2019

Support , Hostility

“The economic management and planning system was not set up so that we can play at capitalism; and some people are shamefully playing at capitalism; we know this, we see it, and thismust be set right.”

Fidel Castro (1926–2016) former First Secretary of the Communist Party and President of Cuba

Rectifying the Errors of the Cuban Revolution (1986)

People

“There is a crisis of masculinity in Britain because of the pressures rapid economic and social change have placed on masculine identity. A generation of men are in transit and unclear of their social role. They are also under pressure to live up to pornified ideals.”

Diane Abbott (1953) British Labour Party politician

Diane Abbott to warn of British 'masculinity crisis' https://www.bbc.co.uk/news/uk-22530184 BBC News (15 May 2013)
2010s, 2013

Change , Men

“In the early twenty-first century, perhaps the most important artistic genre is science fiction. Very few people read the latest articles in the fields of machine learning or genetic engineering. Instead, movies such as The Matrix and Her and TV series such as Westworld and Black Mirror shape how people understand the most important technological, social and economic developments of our time.”

Yuval Noah Harari book 21 Lessons for the 21st Century

21 Lessons for the 21st Century

Time , Reading , Understanding , People

“Leaders are thus trapped in a double bind. If they stay in the centre of power, they will have an extremely distorted vision of the world. If they venture to the margins, they will waste too much of their precious time. And the problem will only get worse. In the coming decades, the world will become even more complex than it is today. Individual humans – whether pawns or kings – will consequently know even less about the technological gadgets, the economic currents, and the political dynamics that shape the world. As Socrates observed more than 2,000 years ago, the best we can do under such conditions is to acknowledge our own individual ignorance.”

Yuval Noah Harari book 21 Lessons for the 21st Century

21 Lessons for the 21st Century

World , Problem , Time

“But liberalism has no obvious answers to the biggest problems we face: ecological collapse and technological disruption. Liberalism traditionally relied on economic growth to magically solve difficult social and political conflicts.”

Yuval Noah Harari book 21 Lessons for the 21st Century

21 Lessons for the 21st Century

Problem

“The peasant must always be helped technically, economically, morally, and culturally. The guerrilla fighter will be a sort of guiding angel who has fallen into the zone, helping the poor always.”

Ernesto Che Guevara book Guerrilla Warfare

Source: Guerrilla Warfare (1961), Ch. II: 1. The Guerrilla Fighter: Social Reformer

Angels , Help

“The rifts between Shia and Sunni, Eastern Orthodox and Catholic, Israelis and Palestinians, Tibetans and Chinese, obviously have real political, theological, or economic substance behind them, but they are often reduced to symbolism. If you study the history of nationalism, it is often a story of symbols. What flag shall we fly? What icon shall we mount? What books will we revere — or burn?”

Jonah Goldberg (1969) American political writer and pundit

"The Border Wall Is a Symbol of Our Symbolic Politics" https://www.nationalreview.com/2018/12/border-wall-immigration-debate-political-symbol/ (28 December 2018), National Review
2010s, 2018

Study , Books , History , Flying

“It’s obvious we need more scientists and skilled engineers. What we’re getting instead are waves of poor people with a high school education or less. They’re nice people; nobody doubts that. But as an economic matter, this is insane. It’s indefensible, so nobody tries to defend it. It’s indefensible, so no one even tries to defend it.Instead, our leaders demand you shut up and accept it. We’ve got a moral obligation to admit the world’s poor, they tell us, even if it makes our own country poorer, dirtier and more divided.”

Tucker Carlson (1969) American political commentator

Immigration is a form of atonement. Previous leaders of our country committed sins. So, we must pay for those sins by welcoming an endless chain of migrant caravans.
December 13, 2018 on Tucker Carlson Tonight ([December 14, 2018, Tucker Carlson: Why no one ever makes the economic case for mass immigration, Tucker, Carlson, Fox News, https://www.foxnews.com/opinion/tucker-carlson-why-no-one-ever-makes-the-economic-case-for-mass-immigration]; [The New York Times, August 20, 2019, Hsu, Tiffany, https://www.nytimes.com/2019/08/20/business/media/tucker-carlson-fox-advertisers.html]; [Tucker Carlson said immigration makes America ‘dirtier.’ So an advertiser took action, The Washington Post, Erik, Wemple, w:Erik Wemple, December 15, 2018, https://www.washingtonpost.com/opinions/2018/12/15/tucker-carlson-said-immigration-makes-america-dirtier-so-an-advertiser-took-action/]; [Advertisers recoil as Tucker Carlson says immigrants make US ‘dirtier’, The Guardian, Luke, O'Neil, December 18, 2018, https://www.theguardian.com/media/2018/dec/18/tucker-carlson-immigrants-poorer-dirtier-advertisers-pull-out]; [Advertisers bail on Fox News' Tucker Carlson over immigration comments, NBC News, December 17, 2018, Tim, Stelloh, https://www.nbcnews.com/news/all/advertisers-bail-fox-news-tucker-carlson-over-immigration-comments-n949171]; [Red Lobster stops advertising on Tucker Carlson's Fox News show after he made controversial comments about women's pay and immigrants, Kate, Taylor, Eliza, Relman, January 7, 2019, Business Insider, https://www.businessinsider.com/red-lobster-cuts-advertising-on-tucker-carlsons-fox-news-show-2019-1]; [September 17, 2019, Is Tucker Carlson the Most Important Pundit in America?, Park, MacDougald, New York, The Intelligencer, https://nymag.com/intelligencer/2019/09/is-tucker-carlson-the-most-important-pundit-in-america.html])
2010s, 2018

School , Country , People , World

“I have grown into a Bestsellasaurus Rex — a big, stumbling book-beast that is loved when it shits money and hated when it tramples houses… I started out as a storyteller; along the way I became an economic force.”

Stephen King (1947) American author

The Politics of Limited Editions essay in Newsletter, vol. 1, no. 6 (June 1985), republished in various real world publications, including The Stephen King Story (1992) by George W. Beahm, p. 112

Money , Hate , Housing , Books

“I think that there are a number of economic factors in play. Some prices may go up. Other prices will come down.”

Michael Gove (1967) British politician

Brexit: NI retailers challenge Michael Gove on no-deal food supply https://www.bbc.co.uk/news/uk-northern-ireland-49545139 BBC News (1 September 2019)
2019

Thinking

“The single market is our main economic public good. There will be no damaging it, no unravelling what we have achieved together with the UK.”

Michel Barnier (1951) French politician

Michel Barnier: 'Realistic' Brexit plan needed https://www.bbc.co.uk/news/uk-politics-44737564 BBC News (6 July 2018)
2018

“Growing inequality is linked to poor economic performance, greater instability, more social tension, insecurity and unhappiness.”

Vince Cable (1943) British Liberal Democrat politician

Vince Cable warns inherited wealth is fuelling inequality https://www.bbc.co.uk/news/uk-politics-41168093, BBC News, 6 September 2017
2017

“This must be done quickly - we cannot afford the economic damage being done every single day as a result of Brexit uncertainty.”

Mark Drakeford (1954) First Minister of Wales

Brexit: Force new EU poll on next PM, says Mark Drakeford https://www.bbc.co.uk/news/uk-wales-politics-48771928 BBC News (26 June 2019)
2019

“The onset of the Civil War, the greatest preponderance, the greatest population per capita of millionaires and multimillionaires in this country was in the Mississippi River Valley. It wasn’t in Boston, wasn’t in Chicago, wasn’t in New York. The richest people in this country were slaveholders. Most of our earliest presidents were slaveholders. And the fact that they were presidents is not incidental to the fact that they—to their slaveholding. That was how they built their wealth. That was how Thomas Jefferson built his wealth. That was how George Washington built his wealth. Individual slaves were the equivalent of, say, owning a home today. They were people, but turned into objects of extreme wealth. So, just from the economic perspective, there’s that.”

Ta-Nehisi Coates (1975) writer, journalist, and educator

Ta-Nehisi Coates: Reparations Are Not Just About Slavery But Also Centuries of Theft & Racial Terror, Democracy Now (20 June 2019)

Home , Country , War , Wealth

“The US Democratic Party increasingly emulates the economic and metaphysical collectivism of Nazism and fascism, while the Republican Party echoes the fascistic militarism and expansionism of the Third Reich.”

L. K. Samuels (1951) American writer

Source: Killing History: The False Left-Right Political Spectrum and the Battle between the ‘Free Left’ and the ‘Statist Left', (2019), p. 412

“As Minister of Economics, Funk accelerated the pace of rearmament and as Reichsbank president banked for the SS the gold teeth fillings of concentration camp victims, probably the most ghoulish collateral in banking history.”

Walther Funk (1890–1960) German economist and politician

Robert H. Jackson

History

“I leave undecided the question whether complete mutual freedom of international commerce, such as is contemplated by the theory of Free Trade, would not serve the interests of Germany. But as long as most of the countries with which our trade is carried on surround themselves with customs barriers…it does not seem to me justifiable, or to the economic interest of the nation, that we should allow ourselves to be restricted in the satisfaction of our financial wants by the apprehension that German products will thereby be slightly preferred to foreign ones. … The minority of the population, which does not produce at all, but exclusively consumes, will apparently be injured by a customs system favouring the entire national production. Yet if by means of such a system the aggregate sum of the values produced in the country increase, and thus the national wealth be on the whole enhanced, the non-producing parts of the population…will eventually be benefited.”

Otto von Bismarck (1815–1898) German statesman, Chancellor of Germany

Letter to the Bundesrath committee on tariff revision (15 December 1878), quoted in Percy Ashley, Modern Tariff History: Germany–United States–France (1970), pp. 45–46
1870s

Question , Country , Freedom , Wealth

“The anarchists put the thing upside down. They declare that the proletarian revolution must begin by doing away with the political organisation of the state. But after its victory the sole organisation which the proletariat finds already in existence is precisely the state. This state may require very considerable alterations before it can fulfil its new functions. But to destroy it at such a moment would be to destroy the only organism by means of which the victorious proletariat can assert its newly-conquered power, hold down its capitalist adversaries and carry out that economic revolution of society without which the whole victory must end in a new defeat and in a mass slaughter of the workers similar to those after the Paris Commune.”

Friedrich Engels (1820–1895) German social scientist, author, political theorist, and philosopher

Letter to Philipp Van Patten http://www.marxists.org/archive/marx/works/1883/letters/83_04_18.htm (18 April 1883)

Victory , Communication

“There was a considerable time lag between the subordination of women in patriarchal society and the declassing of the goddesses. As we trace below changes in the position of male and female god figures in the pantheon of the gods in a period of over a thousand years, we should keep in mind that the power of the goddesses and their priestesses in daily life and in popular religion continued in force, even as the supreme goddesses were dethroned. It is remarkable that in societies which had subordinated women economically, educationally, and legally, the spiritual and metaphysical power of goddesses remained active and strong.”

Gerda Lerner (1920–2013) Austrian-American women's history scholar

The Creation of Patriarchy, ch. 7, pp. 141-142
The Creation of Patriarchy (1986)

God , Religion , Time , Strong

“The difference of development, North and South, is explained as a sort of working out of cosmic social and economic law. … In this sweeping mechanistic interpretation, there is no room for the real plot of the story, for the clear mistake and guilt of building a new slavery of the working class in the midst of a fateful experiment in democracy.”

W.E.B. Du Bois book Black Reconstruction

Source: Black Reconstruction in America (1935), pp. 714-715

Democracy , Law , Fate

“The Negro voter … had, then, but one clear economic ideal and that was his demand for land, his demand that the great plantations be subdivided and given to him as his right. This was a perfectly fair and natural demand and ought to have been an integral part of Emancipation. To emancipate four million laborers whose labor had been owned, and separate them from the land upon which they had worked for nearly two and a half centuries, was an operation such as no modern country had for a moment attempted or contemplated. The German and English and French serf, the Italian and Russian serf, were, on emancipation, given definite rights in the land. Only the American Negro slave was emancipated without such rights and in the end this spelled for him the continuation of slavery.”

W.E.B. Du Bois book Black Reconstruction

Source: Black Reconstruction in America (1935), p. 611

Country , Parting , Nature

“So far as the Negroes were concerned, their demand for a reasonable part of the land on which they had worked for a quarter of a millennium was absolutely justified, and to give them anything less than this was an economic farce.”

W.E.B. Du Bois book Black Reconstruction

Source: Black Reconstruction in America (1935), p. 602

Parting

“Their system of unorganized and antagonistic industries was as absurd economically as it was morally abominable. Selfishness was their only science, and in industrial production selfishness is suicide. Competition, which is the instinct of selfishness, is another word for dissipation of energy, while combination is the secret of efficient production; and not till the idea of increasing the individual hoard gives place to the idea of increasing the common stock can industrial combination be realized, and the acquisition of wealth really begin. Even if the principle of share and share alike for all men were not the only humane and rational basis for a society, we should still enforce it as economically expedient, seeing that until the disintegrating influence of self-seeking is suppressed no true concert of industry is possible.”

Edward Bellamy (1850–1898) American author and socialist

Source: Looking Backward, 2000-1887 http://www.gutenberg.org/ebooks/25439 (1888), Ch. 22.

Selfishness , Wealth , Self-confidence , Secret

“As political equality is the remedy for political tyranny, so is economic equality the only way of putting an end to the economic tyranny exercised by the few over the many through superiority of wealth. The industrial system of a nation, like its political system, should be a government of the people, by the people, for the people. Until economic equality shall give a basis to political equality, the latter is but a sham.”

Edward Bellamy (1850–1898) American author and socialist

Masthead, from Bellamy's newspaper The New Nation. Quoted in Charles Allan Madison, Critics and Crusaders: Political Economy and the American Quest for Freedom, Transaction Publishers, 1948.

Way , Wealth , People , Exercises

“To be honest, when it comes to economics and politics, Taiwan is completely useless to us (Solomon Islands).”

Manasseh Sogavare (1955) Solomon Islands politician

Manasseh Sogavare (2019) cited in " Ministry calls on Solomon Islands to be transparent http://www.taipeitimes.com/News/front/archives/2019/09/13/2003722188" on Taipei Times, 13 September 2019.

“Unlawful revenue which, after being conveniently cleaned, is then reinvested within the legal economy: polluting it, corrupting it, forging it, killing it. Whether it’s reinvested in the London property market, in Parisian restaurants, or in hostels on the French Riviera. Drug trafficking money will buy homes that honest folk can no longer afford; it will open shops that will sell at more competitive prices than legitimate shops; it will start businesses that can afford to be more competitive than clean businesses. But one thing must be clear: these businesses are not interested in being successful; the main purpose for which they were created was to launder money, turning money that shouldn’t even exist into clean and usable money. In silence, illegal assets are moving around and undermining our economy and our democracies. In silence. But it doesn’t stop here; organised crime is providing us with a winning economic model. Organised crime is the only segment of global economy to have not been affected by the financial crisis; to have profited from the crisis, to have fed on the crisis, to have contributed to the crisis. And it’s in the crisis that it finds its satellite activities, such as usury, gambling, counterfeiting. But the most important – and most alarming – aspect of this issue is that it’s exactly in times of crisis that criminal organisations find their safe haven in banks.”

Roberto Saviano (1979) Italian journalist, writer and essayist

Dirty Money in London event (2016)

Money , Home , Democracy , Time

“Professor Lal was already a veteran whose major book, History of the Khaljis, was compulsory reading for students of medieval Indian history from the undergraduate class onwards. I still find it very useful when I teach any course on the Delhi sultanate. … Historiographically the book fell entirely and conspicuously in the genre of nationalist historiography whose hallmark was its challenge· to the portrayal of medieval Indian history as a story of unrelenting conflict between the medieval Muslim rulers and their Hindu subjects. History of the Khaljis is one of the best works in this genre: empirically sound, objective in its assessment of events and persons, non-judgemental in its evaluation of the motives of rulers or their opponents. The remarkable quality gave the book a long life in the discipline, even when newer problematiques of socio-economic history began to displace the ones of dynastic history that had remained the preoccupation of the earlier generation.”

K. S. Lal (1920–2002) Indian historian

Harbans Mukhia, Obituary, The Indian Historical Review http://journals.sagepub.com/doi/abs/10.1177/037698360102800245

Reading , History , Personality , Books

“Mr Raghuram Rajan is an outstanding man who understands central banking. He is probably only one in the world among the crowds of professors at central banks that actually has a good grip on monetary policies and what you can or cannot achieve with them. He should get the Noble Prize in economics but the others are all money printers at heart, all of them.”

Raghuram G. Rajan (1963) Indian economist

Marc Faber, economist, as quoted in " Raghuram Rajan only central banker I trust, he should get Nobel in Economics: Marc Faber http://articles.economictimes.indiatimes.com/2015-08-12/news/65490521_1_marc-faber-rbi-governor-boom-doom-report", The Economic Times (12 August 2015)

Money , World , Understanding , Heart

“In spite of all the foregoing, there is a science of economics, a true, and even exact, science, which reaches laws as universal as those of mathematics and mechanics. The greatest need for the development of economics as a growing body of thought and practice is an adequate appreciation of the meaning, and the limitations, of this body of accurate premises and rigorously established conclusions. It comes about in the same general way as all science, except perhaps in a higher degree, i. e., through abstraction. There are no laws regarding the content of economic behavior, but there are laws universally valid as to its form.”

Frank Knight (1885–1972) American economist

There is an abstract rationale of all conduct which is rational at alt, and a rationale of all social relations arising through the organization of rational activity.
Source: "The limitations of scientific method in economics", 1924, p. 127 (2009 edition)

Law , Universe , Mathematics , Way

“She proves that young Muslim girls can make a mark if they are given the right chances… Many Muslims in India are economically and educationally backward; she has given the community new hope.”

Sania Mirza (1986) Indian tennis player

Akhtarul Wasey, director of the Zakir Husain Institute for Islamic Studies in Delhi
India's most wanted

Chance , Girl , Hope , Communication

“An important distinction exists between prospective and retrospective methods of calculating economic quantities such as incomes, savings, and investments; and… a corresponding distinction of great theoretical importance must be drawn between two alternative methods of defining these quantities. Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as ex ante.”

Gunnar Myrdal (1898–1987) Swedish economist

Source: Monetary Equilibrium (1939), p. 34

Question

“Later, he graduated from the then Travancore University with specialization in Economics, Politics and History. The varsity honoured him with Moncombu Aandi Iyer Gold Medal for being the best student in Sanskrit.”

Uthradom Thirunal Marthanda Varma (1922–2013) Maharaja of Travancore

Sangeetha Seshagiri, in Marthanda Varma, Titular Head of Travancore Royal Family, Passes Away (16 December 2013) http://www.ibtimes.co.in/articles/530446/20131216/marthanda-varma-passes-away-travancore-royalfamily-sreepadmanabhaswamytemple.htm

Universe , History

“He was educated by 14 palace tutors. He remembered a childhood stay with his mother in London, when he folded up as a paper boat a doctors’ report about his being too fat, and set it adrift on the Thames, so that she would not see it. He studied economics at Travancore University, and was a Sanskrit scholar.”

Uthradom Thirunal Marthanda Varma (1922–2013) Maharaja of Travancore

Anne Keleny, in Uthradom Thirunal Marthanda Varma: The Maharajah of Travancore 4 March 2014 http://www.independent.co.uk/news/obituaries/uthradom-thirunal-marthanda-varma-the-maharajah-of-travancore-9169048.html

Universe , Education , Study , Childhood

“The record of progress of your State since my last visit eleven years ago is certainly remarkable. Those years have not been happy ones in the histories of the nations and they have closed in an economic crisis of the first magnitude. It was impossible that Mysore should escape altogether the worldwide depression. That she should have been able, despite it, to continue to develop her industries and provide for the welfare of her people in the way she has done must compel the admiration of all observers. Of the varied and interesting programme that you have prepared for me, there is no item that I look forward to with greater anticipation than my visit to the Krishnarajasagara.”

Krishna Raja Wadiyar IV (1884–1940) King of Mysore

From Modern Mysore

Way , People , History , Happiness

“Historical, political economic systems theory.”

Tom R. Burns (1937) American sociologist

The Marxian approach to system theorizing clearly points us to sociologically important phenomena: the material conditions of social life, stratification and social class, conflict, the reproduction as well as transformation of capitalist systems, the conditions that affect group mobilization and political power, and the ways ideas functions as ideologies.
Source: Systems theories (2006), p. 2.

“Manikda was always different from the others. He did everything — from writing the script to choosing the location, finalizing the cast to designing sets and costumes, supervising make-up to framing the shots to editing. He was involved with each and every part of his film and was always very clear about what he wanted. His films were Indian but the production process was western. He also proved that silence can say a million words if used properly and was very economical with dialogues. He used barking of dogs, birdcalls, mechanical clatter or other natural sounds to brilliant effect. It was because of this detailing that every scene of his films became powerful and meaningful. And though he played so many roles behind the scenes, he accepted remuneration from the producer only for direction.”

Satyajit Ray (1921–1992) Indian author, poet, composer, lyricist, filmmaker

After working with Satyajit Ray, working in Bombay was confusing: Sharmila Tagore

Silence , Dogs , Nature , Making love

“Even ten years back, Indian film producers may not have thought of this scale, as there is a business logic to this new model aided by neo-liberal economic policies; when films are available on DVDs alongside Internet-based web interface, the first two weeks box-office collections make all the difference.”

Rajinikanth (1950) Indian actor

Professor Harish
Decoding Rajinikanth

Business , Making love , Box

“Our goals are the same, to have a just system of economics and politics, to let the people of the world share in growth, in peace, in personal freedom, and in the benefits to be derived from the proper utilization of natural resources. We believe in enhancing human rights. We believe that we should enhance, as independent nations, the freedom of our own people.”

Nicolae Ceaușescu (1918–1989) General Secretary of the Romanian Communist Party

Jimmy Carter welcoming Ceaușescu (April 1978). [Muravchik, Joshua, Our Worst Ex-President, Commentary magazine., February 2007, http://www.commentarymagazine.com/cm/main/viewArticle.aip?id=10824&page=2]
About Ceaușescu

Peace , Freedom , Personality , People

“We got rich by violating one of the central tenets of economics: thou shall not sell off your capital and call it income.”

Kalle Lasn (1942) Estonian-Canadian film maker, author, magazine editor and activist

And yet over the past 40 years we have clear-cut the forests, fished rivers and oceans to the brink of extinction and siphoned oil from the earth as if it possessed an infinite supply. We've sold off our planet's natural capital and called it income. And now the earth, like the economy, is stripped.
Hey President Obama http://www.adbusters.org/magazine/82/obama_economics.html/. Adbusters (March 24, 2009).

“Among minor alterations, I may mention the substitution for the name political economy of the single convenient term economics.”

William Stanley Jevons The Theory of Political Economy

I cannot help thinking that it would be well to discard, as quickly as possible, the old troublesome double-worded name of our science.
Preface To The Second Edition, p. 8.
The Theory of Political Economy (1871)

“I hope the next minister is not as radical as Marina. She was an obstacle to economic development in Brazil.”

Marina Silva (1958) Brazilian environmentalist and politician

Rui Prado, head of the agriculture federation of Mato Grosso, on Silva's resignation; quoted in " Brazil's Amazon minister resigns," http://news.bbc.co.uk/1/hi/uk_politics/7399715.stm BBC News (2008-05-14)

Hope

“The picture of the economic revolution as the final step to freedom was false as soon as I asked myself that question. For, in actual fact, The State, The Government, cannot exist. They are abstract concepts, useful enough in their place, as the theory of minus numbers is useful in mathematics. In actual living experience, however, it is impossible to subtract anything from nothing; when a purse is empty, it is empty, it cannot contain a minus ten dollars. On this same plane of actuality, no State, no Government, exists. What does in fact exist is a man, or a few men, in power over many men.”

Rose Wilder Lane (1886–1968) American journalist

Give Me Liberty (1936)

Question , Freedom , Falseness , Mathematics

“We are going through a crucial historical crisis in which each year poses more acutely the global problem of rationally mastering the new productive forces and creating a new civilization. Yet the international working-class movement, on which depends the prerequisite overthrow of the economic infrastructure of exploitation, has registered only a few partial local successes. Capitalism has invented new forms of struggle (state intervention in the economy, expansion of the consumer sector, fascist governments) while camouflaging class oppositions through various reformist tactics and exploiting the degenerations of working-class leaderships. In this way it has succeeded in maintaining the old social relations in the great majority of the highly industrialized countries, thereby depriving a socialist society of its indispensable material base. In contrast, the underdeveloped or colonized countries, which over the last decade have engaged in the most direct and massive battles against imperialism, have begun to win some very significant victories. These victories are aggravating the contradictions of the capitalist economy and (particularly in the case of the Chinese revolution) could be a contributing factor toward a renewal of the whole revolutionary movement. Such a renewal cannot limit itself to reforms within the capitalist or anticapitalist countries, but must develop conflicts posing the question of power everywhere.”

Guy Debord (1931–1994) French Marxist theorist, writer, filmmaker and founding member of the Situationist International (SI)

About the Situationist International movement
Report on the Construction of Situations (1957)

Dependency , Question , Country , Success

“The greatest comet of British politics in the twentieth century…an orator of the highest rank. He produced, almost unaided, a programme of economic reconstruction which surpassed anything offered by Lloyd George or, in the United States, by F. D. Roosevelt…He has continued fertile in ideas…A superb political thinker, the best of our age.”

Oswald Mosley (1896–1980) British politician; founder of the British Union of Fascists

A. J. P. Taylor

Idea , Age

“Anti-feminism is also operating whenever any political group is ready to sacrifice one group of women, one faction, some women, some kinds of women, to any element of sex-class oppression: to pornography, to rape, to battery, to economic exploitation, to reproductive exploitation, to prostitution. There are women all along the male-defined political spectrum, including both extreme ends of it, ready to sacrifice some women, usually not themselves, to the brothels or the farms. The sacrifice is profoundly anti-feminist; it is also profoundly immoral…”

Andrea Dworkin (1946–2005) Feminist writer

"Anti-feminism," Right Wing Women (1983), pp. 230-231.

Sex , Women

“Both as ruling and ruled strata and both as a majority and minority, Protestants … have demonstrated a specific tendency toward economic rationalism.”

Max Weber book The Protestant Ethic and the Spirit of Capitalism

This tendency has not been observed in the same way in the present or the past among Catholics, regardless of whether they were the dominant or dominated stratum or constituted a majority or minority. Therefore the cause of the different behavior must be mainly sought in the enduring inner quality of these religions and not only in their respective historical-political external situations.
Source: The Protestant Ethic and the Spirit of Capitalism (1905; 1920), Ch. 1 : Religious Affiliation and Social Stratification

“Examine each question in terms of what is ethically and esthetically right, as well as what is economically expedient. A thing is right when it tends to preserve the integrity, stability, and beauty of the biotic community. It is wrong when it tends otherwise.”

Aldo Leopold book A Sand County Almanac

Source: A Sand County Almanac, 1949, "The Land Ethic", p. 224-225.

Question , Beauty , Communication

“The God Delusion by the atheist writer Richard Dawkins, is remarkable in the first place for having achieved some sort of record by selling over a million copies. But what is much more remarkable than that economic achievement is that the contents – or rather lack of contents – of this book show Dawkins himself to have become what he and his fellow secularists typically believe to be an impossibility: namely, a secularist bigot.”

Antony Flew (1923–2010) British analytic and evidentialist philosopher

Helpfully, my copy of The Oxford Dictionary defines a bigot as ‘an obstinate or intolerant adherent of a point of view’
Flew's review of The God Delusion

God , Books

“Throughout time, leading thinkers, academicians, and government leaders have attempted to develop an understanding of how to build peace. Many approaches have been explored, all attempting to create favorable conditions for peace. These solutions have drawn from economics, history, international law, comparative peace studies, conflict resolution, political science, sociology, anthropology, and more. Prem Rawat’s message of peace is rooted in the need for each person to find peace within themselves. He emphasizes that whether our search is for world peace or for personal peace, we very much need to look at the search for peace as a personal quest, rooted in an understanding of who we are.”

Prem Rawat (1957) controversial spiritual leader

Professor Dr. Surapon Nitikraipot, Chairman of the Board of Trustees, Rector of Thammasat University, Bangkok, Thailand, May 17 2005
About, 2000s

Peace , Study , Time , History

“Many people in this world speak of peace from different angles. Some speak of peace as a result of good socio-economic policies, or as a result of a sound distribution of wealth. Prem speaks of peace from a perspective that is both original and intriguing. Rather than to look only to institutions or to policies for creating peace, he speaks of a peace that, he says, each person is personally responsible for finding. Despite ever-growing audiences, his message remains directed at each individual who comes to hear him and the people who enjoy his message come from all walks of life.”

Prem Rawat (1957) controversial spiritual leader

Dr. Pages, Chief Executive Officer Universal Forum of Cultures, Barcelona, Spain. June 14, 2004
About, 2000s

Peace , Personality , Wealth , People

“There is also the danger that our system can lead to tragic exploitation. We must come out of the mountain and be concerned about a more humane and just economic order. And I say, this afternoon, that we cannot solve this problem byturning to Communism. Communism is based on an ethical relativism and a metaphysical materialism that no Christian can accept. I do believe that in America we must use our vast resources of wealth to bridge the gulf between abject, deaden-ing poverty and superfluous, inordinate wealth. God has left enough space in this universe for all of his children to have the basic necessities of life.”

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

1960s, Keep Moving from this Mountain (1960)

God , Mountain , Wealth , Children

“I would not have you believe for one minute tonight that there are not white persons of good will in the South. I am absolutely convinced that there are hundred and thousands, nay millions of white people of good will in the South, but most of them are silent today because of fear — fear of political, social and economic reprisal. God grant that the people of good will will rise up with courage, take over the leadership, and open channels of communication between races, for I think that one of the tragedies of our whole struggle is that the South is still trying to live in monologue, rather than dialogue, and I am convinced that men hate each other because they fear each other. They fear each other because that don’t know each other and they don’t know each other because they don’t communicate with each other, and they don’t communicate with each other because they are separated from each other. And God grant that something will happen to open channels of communication, that something will happen because men of good will will rise to the level of leadership.”

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

1960s, Address to Cornell College (1962)

Courage , God , Hate , Personality

“As we find a place in the economic world the rebellion of youth subsides; we disapprove of earthquakes when our feet are on the earth. We forget then the radicalism then in a gentle liberalism — which is radicalism softened with the consciousness of a bank account.”

Will Durant (1885–1981) American historian, philosopher and writer

Source: Fallen Leaves (2014), Ch. 3 : On Middle Age

World , Forgetting , Youth

“You could not shock her more than she shocks me;
Beside her Joyce seems innocent as grass.
It makes me most uncomfortable to see
An English spinster of the middle class
Describe the amorous effects of "brass,"
Reveal so frankly and with such sobriety
The economic basis of society.”

Jane Austen (1775–1817) English novelist

W. H. Auden, Letter to Lord Byron (1936), lines 113–119

Grass , Making love

“I was lucky to enter economics in 1932. Analytical economics was poised for its take-off. I faced a lovely vacuum that young economists today can hardly imagine. So much remained to be done. Everything was still in an imperfect state. It was like fishing in a virgin lake: a whopper at every cast, but so many lovely new specimens that the palate never cloyed.”

Paul A. Samuelson (1915–2009) American economist

Introduction to the Enlarged Edition
1940s, Foundations of Economic Analysis (1947; 1983)

Fish , Love , Imagination , Making love

“The struggle for power is universal in time and space and is an undeniable fact of experience. It cannot be denied that throughout historic time, regardless of social, economic and political conditions, states have met each other in contests for power. Even though anthropologists have shown that certain primitive peoples seem to be free from the desire for power, nobody has yet shown how their state of mind can be re-created on a worldwide scale so as to eliminate the struggle for power from the international scene. … International politics, like all politics, is a struggle for power. Whatever the ultimate aims of international politics, power is always the immediate aim.”

Hans Morgenthau book Politics Among Nations

Source: Politics Among Nations (1948), p. 29 (1978 edition)

Universe , Time , People

“Chávez’s Marxist legacy continued under his successor, Nicolás Maduro, who watched Venezuela free fall into an economic abyss. The socialization of Venezuela resulted in a crisis where hospitals had no drugs or basic supplies, where the poverty rate went from 30 percent in 1999 to 87 percent in 2016, chronic food shortages erupted, and children and the sick began dying from malnutrition.”

L. K. Samuels (1951) American writer

Source: Killing History: The False Left-Right Political Spectrum and the Battle between the ‘Free Left’ and the ‘Statist Left', (2019), p. 140

Children , Food

“We must not believe, certainly, that a change in woman’s economic condition alone is enough to transform her, though this factor has been and remains the basic factor in her evolution; but until it has brought about the moral, social, cultural, and other consequences that it promises and requires, the new woman cannot appear.”

Simone de Beauvoir book The Second Sex

The Second Sex (1949)

Appearance , Change

“We are striving for the amelioration of this suffering world. Let us be economical.”

J. Howard Moore (1862–1916)

Source: Why I Am a Vegetarian: An Address Delivered before the Chicago Vegetarian Society (1895), pp. 43–44

World , Suffering

“The health of the population (due to COVID-19 outbreaks) takes precedence over economic interest.”

Jens Spahn (1980) German politician

Jens Spahn (2020) cited in: " Coronavirus is now a 'worldwide pandemic,' German health minister says https://www.dw.com/en/coronavirus-is-now-a-worldwide-pandemic-german-health-minister-says/a-52634082" in DW.

Health

“Undoubtedly, even for enlightened men, however determined they may be, it is very difficult to go against the system. The question posed today is what must we do to prevent ourselves from being taken over by the system? Engaging in political or economic conflict does not seem to be the answer.”

Thich Nhat Hanh (1926) Religious leader and peace activist

Zen Keys (1994), p. 150

Men , Question

“The North wants unification under its own flag, while South Korean progressives want the two states to coalesce over decades of mutually beneficial economic cooperation.”

Brian Reynolds Myers (1963) American professor of international studies

2010s, Portrait of the Ally as an Intermediary (March 2018)

“The sin of bourgeois patriotism was to confound a certain economic form with the national. It connected two things that are entirely different. Forms of the economy, however firm they may seem, are changeable. The national is eternal. If I mix the eternal and the temporal, the eternal will necessarily collapse when the temporal collapses. This was the real cause for the collapse of liberal society. It was rooted not in the eternal, but in the temporal, and when the temporal declined it took the eternal down with it. Today it is only an excuse for a system that brings growing economic misery. That is the only reason why international Jewry organizes the battle of the proletarian forces against both powers, the economy and the nation, and defeat them.”

Joseph Goebbels (1897–1945) Nazi politician and Propaganda Minister

1930s, Die verfluchten Hakenkreuzler. Etwas zum Nachdenken (1932)

“The faith in the nation is a matter for everyone, never a group, a class or an economic clique. The eternal must be distinguished from the temporal. Maintaining a rotten economic system has nothing to do with nationalism, which is an affirmation of the Fatherland. I can love Germany and hate capitalism. Not only can I, I must. Only the annihilation of a system of exploitation carries with it the core of the rebirth of our people.”

Joseph Goebbels (1897–1945) Nazi politician and Propaganda Minister

1930s, Die verfluchten Hakenkreuzler. Etwas zum Nachdenken (1932)

Faith , Hate , People , Love

“Historical process is not a linear one. It is also not stagnant. On the contrary, it moves ahead and brings changes to social, political and economic structure.”

Mubarak Ali (1941) Historian, activist, scholar

Dimensions of History, Chapter: Divvying up History, p. 72
History, What History Tells Us, Dimensions of History

Change

“When 1% of the population owns more wealth than the bottom 90%, the last people you should be asking for economic advice are the people who created that situation.”

Marianne Williamson (1952) American writer

Twitter https://twitter.com/marwilliamson (26 Nov 2019)
Williamson's quotes in social media

Wealth , People

“We need to talk about more than just the health care plan. We need to realize we have a sickness care rather than a health care system. We need to be the party talking about why so many of our chemical policies and our food policies and our agricultural policies and our environment policies and even our economic policies are leading to people sick to begin with.”

Marianne Williamson (1952) American writer

Quoted in We Desperately Need Marianne Williamson’s Message, https://theintercept.com/2019/08/05/marianne-williamson-2020-presidential-campaign/ The Intercept, Jon Schwarz (5 August 2019)

People , Health , Food

“The current crisis demonstrates not only that all the ideological nonsense about the virtues of the free market is quickly thrown overboard when capitalist interests are threatened, but also that the idea that governments are essentially powerless in the face of the markets is rubbish. Governments are not helpless victims who cannot do anything in the face of “economic reality.””

Tom Bramble Australian trade unionist

In the normal course of events, when we demand things like better welfare, health care or education, governments tell us that it isn’t possible.
Everyone's a socialist in a crisis, 21 March 2020

Idea , Reality

“One of the most prevalent ideological mantras of Western capitalism is that the market should rule. But as the latest health and economic crises demonstrate, capitalists soon forget their worship of the market when times get tough. They scream for government money, and plenty of it. It turns out that “the market” is fine when it comes to whipping workers to accept lower wages, but when it comes to lower profits, the market can go hang.”

Tom Bramble Australian trade unionist

Everyone's a socialist in a crisis, 21 March 2020

Money , Forgetting , Time , Health

“Life can be better for women—economic and political conditions improved—and at the same time the status of women can remain resistant, in deed impervious, to change: so far in history this is precisely the paradigm for social change as it relates to the conditions of women. Reforms are made, important ones' but the status of women relative to men does not change. Women are still less significant, have less privacy, less integrity, less self-determination. This means that women have less freedom.”

Andrea Dworkin book Intercourse

Source: Intercourse (1987), Chapter 7

Time , History , Freedom , Self-confidence

“A true socialist never hates people. He knows, that they are products of the great economical laws, which in the present society divides man into two nations of poor and rich… We socialists never hate specific individuals.”

Ture Nerman (1886–1969) Swedish socialist

Socialist newspaper Folkets Dagblad - Politiken (24 April 1918)

Hate , People , Law

“Governments are not helpless victims who cannot do anything in the face of “economic reality.””

Tom Bramble Australian trade unionist

Everyone's a socialist in a crisis, 21 March 2020
Context: The Australian Chamber of Commerce and Industry is urging the federal government to provide wage subsidies to workers, equivalent in value to Newstart to all businesses experiencing a sharp downturn. It is also asking the government to provide concessional loans of up to half a million dollars, with 80 percent of the debt guaranteed by government, as well as wage subsidies to cover sick leave entitlements. Nothing but corporate welfare of a kind that they have long decried when applied to workers themselves. In the short term, working class households will get some benefits from this cash splash. In Australia welfare beneficiaries will be getting $750 in their bank accounts. in In the United States it is likely that Americans will receiving close to $1,000. But this is just short term relief to get the economy moving. The long term benefits will go to the capitalist class in the form of tax cuts and other financial concessions. The current crisis demonstrates not only that all the ideological nonsense about the virtues of the free market is quickly thrown overboard when capitalist interests are threatened, but also that the idea that governments are essentially powerless in the face of the markets is rubbish. Governments are not helpless victims who cannot do anything in the face of “economic reality.” In the normal course of events, when we demand things like better welfare, health care or education, governments tell us that it isn’t possible.

Reality