Quotes about economy (1477 quotes, page 14)

“For the past ten years conditions have been abnormal. The feverish preparation for war and the more feverish maintenance of the war effort engulfed all aspects of national economies.”

George Marshall (1880–1959) US military leader, Army Chief of Staff

The Marshall Plan Speech (1947)
Context: For the past ten years conditions have been abnormal. The feverish preparation for war and the more feverish maintenance of the war effort engulfed all aspects of national economies. Machinery has fallen into disrepair or is entirely obsolete. Under the arbitrary and destructive Nazi rule, virtually every possible enterprise was geared into the German war machine. Long-standing commercial ties, private institutions, banks, insurance companies, and shipping companies disappeared through loss of capital, absorption through nationalization, or by simple destruction. In many countries, confidence in the local currency has been severely shaken. The breakdown of the business structure of Europe during the war was complete.

War , Effort , Past

“Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal."”

Lewis Mumford book The City in History

Myth of Megalopolis 
The City in History (1961)
Context: Unfortunately, once an economy is geared to expansion, the means rapidly turn into an end and "the going becomes the goal." Even more unfortunately, the industries that are favored by such expansion must, to maintain their output, be devoted to goods that are readily consumable either by their nature, or because they are so shoddily fabricated that they must soon be replaced. By fashion and built-in obsolescence the economies of machine production, instead of producing leisure and durable wealth, are duly cancelled out by the mandatory consumption on an even larger scale.

“The future of the western economies in the coming decades will rest on their capacity to fuel economic growth whilst reducing our impact on the planet.”

Alex Salmond (1954) Scottish National Party politician and former First Minister of Scotland

Strategic objectives of new Government (May 23, 2007)
Context: The future of the western economies in the coming decades will rest on their capacity to fuel economic growth whilst reducing our impact on the planet. Scotland is not just part of that - in truth we are well placed to be a leader. Scotland sits at the heart of one of the wealthiest parts of our planet.

Future

“Our policy is directed not against any country or doctrine but against hunger, poverty, desperation, and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist.”

George Marshall (1880–1959) US military leader, Army Chief of Staff

The Marshall Plan Speech (1947)
Context: Our policy is directed not against any country or doctrine but against hunger, poverty, desperation, and chaos. Its purpose should be the revival of a working economy in the world so as to permit the emergence of political and social conditions in which free institutions can exist. Such assistance, I am convinced, must not be on a piecemeal basis as various crises develop. Any assistance that this Government may render in the future should provide a cure rather than a mere palliative. Any government that is willing to assist in the task of recovery will find full cooperation, I am sure, on the part of the United States Government. Any government which maneuvers to block the recovery of other countries cannot expect help from us. Furthermore, governments, political parties or groups which seek to perpetuate human misery in order to profit therefrom politically or otherwise will encounter the opposition of the United States.

Hunger , World , Country

“Machines with interchangeable parts can now be constructed with great economy of effort. In spite of much complexity, they perform reliably.”

Vannevar Bush book As We May Think

As We May Think (1945)
Context: Machines with interchangeable parts can now be constructed with great economy of effort. In spite of much complexity, they perform reliably. Witness the humble typewriter, or the movie camera, or the automobile.

Effort , Parting

“Comprehensive immigration reform will grow our economy and keep families together - and it's the right thing to do.”

Hillary Clinton (1947) American politician, senator, Secretary of State, First Lady

Presidential campaign (April 12, 2015 – 2016), 2016 Democratic National Convention (July 28, 2016)
Context: Here's what I believe. I believe America thrives when the middle class thrives. I believe that our economy isn't working the way it should because our democracy isn't working the way it should. That's why we need to appoint Supreme Court justices who will get money out of politics and expand voting rights, not restrict them. And if necessary we'll pass a constitutional amendment to overturn Citizens United! I believe American corporations that have gotten so much from our country should be just as patriotic in return. Many of them are. But too many aren't. It's wrong to take tax breaks with one hand and give out pink slips with the other. And I believe Wall Street can never, ever be allowed to wreck Main Street again. I believe in science. I believe that climate change is real and that we can save our planet while creating millions of good-paying clean energy jobs. I believe that when we have millions of hardworking immigrants contributing to our economy, it would be self-defeating and inhumane to try to kick them out. Comprehensive immigration reform will grow our economy and keep families together - and it's the right thing to do.

Family

“How nations, let alone regions and communities, are to shape and protect themselves within this "global economy" is far from clear.”

Wendell Berry (1934) author

Citizenship Papers (2003), A Citizen's Response
Context: After World War II, we hoped the world might be united for the sake of peacemaking. Now the world is being "globalized" for the sake of trade and the so-called free market — for the sake, that is, of plundering the world for cheap labor, cheap energy, and cheap materials. How nations, let alone regions and communities, are to shape and protect themselves within this "global economy" is far from clear.

Communication

“The well-being of the British people and the health of our economy are far more important than any government's commitment to a particular strategy, but to change course now would be fatal to the whole counter-inflation strategy.”

Geoffrey Howe (1926–2015) British Conservative politician

"Chancellor determined not to change course in the fight against inflation", The Times, 11 March 1981, p. 6.
1981 budget speech.

People , Health , Change

“The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people.”

Ludwig von Mises (1881–1973) austrian economist

Ch. VII : The Economic, Social, and Political Consequences of Interventionism § 1. The Economic Consequences https://fee.org/resources/interventionism-an-economic-analysis-2#economic
Interventionism: An Economic Analysis https://fee.org/resources/interventionism-an-economic-analysis/ (1940)
Context: The unhampered market economy is not a system which would seem commendable from the standpoint of the selfish group interests of the entrepreneurs and capitalists. It is not the particular interests of a group or of individual persons that require the market economy, but regard for the common welfare. It is not true that the advocates of the free-market economy are defenders of the selfish interests of the rich. The particular interests of the entrepreneurs and capitalists also demand interventionism to protect them against the competition of more efficient and active men. The free development of the market economy is to be recommended, not in the interest of the rich, but in the interest of the masses of the people.

Men , People

“Before the revolution of 1979, Western countries sold nuclear technology to Iran. Today we are face to face with a totalitarian regime that supports terrorism and promotes a radical vision of Islam. Access to the nuclear weapons would enable this regime to fortify its position in the region and to establish control on both banks of the Persian Gulf, as well as over the flow of oil. In this way the regime would be able to achieve what the Soviet Union never succeeded in accomplishing: controlling of the world economy. The nuclear weapons would guarantee the survival of the regime.”

Reza Pahlavi (1960) Last crown prince of the former Imperial State of Iran

As quoted by Luc de Barochez, Reza Pahlavi : «Lançons une campagne de désobéissance civile» http://www.lefigaro.fr/international/20060608.FIG000000177_reza_pahlavi_lancons_une_campagne_de_desobeissance_civile.html, June 8, 2006.
Interviews, 2006

World , Way , Support , Country

“Politics is policy. What policy should you follow in view of the idea that there isn’t enough to go around — the power of the few, or the needs of the many? Political economy is based on misassumptions...”

Buckminster Fuller (1895–1983) American architect, systems theorist, author, designer, inventor and futurist

From 1980s onwards, Buckminster Fuller Talks Politics (1982)

Idea

“Indeed, let us be frank about it. Most of our people have never had it so good. Go around the country, go to the industrial towns, go to the farms, and you will see a state of prosperity such as we have never had in my life time—nor indeed ever in the history of this country. What is beginning to worry some of us is, is it too good to be true?—or perhaps I should say, is it too good to last? ... Our constant concern to-day is, can prices be steadied while at the same time we maintain full employment in an expanding economy? Can we control inflation? This is the problem of our time.”

Harold Macmillan (1894–1986) British politician

Speech at Bedford (20 July 1957), quoted in "More production 'the only answer' to inflation", The Times (22 July 1957), p. 4
Prime Minister

Time , History , Country , People

“The stock market is not the economy, and the economy is not the stock market.”

Kai Ryssdal (1963) Radio host, United States Navy officer

repeatedly on his radio program " Marketplace APM https://www.marketplace.org/2019/09/30/the-stock-market-is-not-the-economy/" (September 2019)

“The rise of Communist states - dictatorship with centrally planned, nationalized economies - did more to distort and confuse the meaning of socialism than any other event in history.”

Michael Harrington (1928–1989) American political writer

Source: Socialism: Past and Future (1989), p. 67

History

“Trump would have us believe that these are our only two choices: We can either have smash-and-grab capitalism, where so many hands in the cookie jar has resulted in so many government scandals, and where the top 1 percent have more wealth than the bottom 90 percent, or we can have what’s happening in Venezuela, where the economy has collapsed and humanitarian and political crises have ensued...”

Krystal Ball (1981) American journalist

Wealth

“If the roused and insurgent consumers secure the means of production of the salt industry, in all probability they will confiscate this industry for their own profit, and their first thought will be, not to relegate it to free competition, but rather to exploit it, in common, for their own account. They will then name a director or a directive committee to operate the saltworks, to whom they will allocate the funds necessary to defray the costs of salt production. Then, since the experience of the past will have made them suspicious and distrustful, since they will be afraid that the director named by them will seize production for his own benefit, and simply reconstitute by open or hidden means the old monopoly for his own profit, they will elect delegates, representatives entrusted with appropriating the funds necessary for production, with watching over their use, and with making sure that the salt produced is equally distributed to those entitled to it. The production of salt will be organized in this manner.This form of the organization of production has been named communism.When this organization is applied to a single commodity, the communism is said to be partial.When it is applied to all commodities, the communism is said to be complete.But whether communism is partial or complete, political economy is no more tolerant of it than it is of monopoly, of which it is merely an extension.”

Gustave de Molinari (1819–1912) Belgian political economist and classical liberal theorist

Source: The Production of Security (1849), p. 31

Past , Making love , Communication

“We have a great aim before us; a mighty work of reform of ourselves and our lives, of our life in common, of our economy, of our culture. This work does not disturb the rest of the world. We have enough to do in our own house.”

Adolf Hitler (1889–1945) Führer and Reich Chancellor of Germany, Leader of the Nazi Party

Source: Speech in Gera (17 June 1934), quoted in The Times (26 September 1939), p. 9

World , Life , Housing

“The Chilean economy did very well, but more important, in the end the central government, the military junta, was replaced by a democratic society. So the really important thing about the Chilean business is that free markets did work their way in bringing about a free society.”

Milton Friedman (1912–2006) American economist, statistician, and writer

“Commanding Heights, Interview on PBS” https://www.pbs.org/wgbh/commandingheights/shared/minitext/int_miltonfriedman.html, (Oct. 1, 2000)

Way , Business

“Morales upended politics in this nation long ruled by light-skinned descendants of Europeans by reversing deep-rooted inequality. The economy grew strongly thanks to a boom in prices of commodities and he ushered through a new constitution that created a new Congress with seats reserved for Bolivia’s smaller indigenous groups while also allowing self-rule for all indigenous communities.”

Evo Morales (1959) Bolivian politician

Bolivia caught in a power struggle between Añez at home and Morales in exile https://www.pbs.org/newshour/world/bolivia-caught-in-a-power-struggle-between-anez-at-home-and-morales-in-exile, Public Broadcasting Service (PBS), (14 November 2019)
About

Light , Self-confidence , Communication

“Like you, people of the United States, we Venezuelans are patriots. And we shall defend our homeland with all the pieces of our soul. Today Venezuela is united… we demand the cessation of the aggression that seeks to suffocate our economy and socially suffocate our people, as well as the cessation of the serious and dangerous threats of military intervention… We appeal to the good soul of the American society, victim of its own leaders, to join our call for peace, let us be all one people against warmongering and war.”

Nicolás Maduro (1962) 53rd President of Venezuela

An Open Letter To The People Of The U.S. From President Nicolás Maduro http://www.informationclearinghouse.info/51082.htm (10 February 2019)

War , Peace , People , Soul

“Socialism with its ideal of the national control of consumption and production, its substitution of national barter for the processes of foreign trade, is by no means an international force. … It looks inwards rather than outwards and sets up a national economy, which every true protectionist should envy. Russia is a powerful national state and has indulged in nationalist policies. … Even a Socialist state cannot provide against war unless a world authority has been formed.”

Michael Foot (1913–2010) British politician

Article in Young Oxford and War (1934), quoted in Mervyn Jones, Michael Foot (Victor Gollancz, 1994), p. 31
1930s

World , War , Envy

“About to enter, fellow-citizens, on the exercise of duties which comprehend everything dear and valuable to you, it is proper you should understand what I deem the essential principles of our Government, and consequently those which ought to shape its Administration. I will compress them within the narrowest compass they will bear, stating the general principle, but not all its limitations. Equal and exact justice to all men, of whatever state or persuasion, religious or political; peace, commerce, and honest friendship with all nations, entangling alliances with none; the support of the State governments in all their rights, as the most competent administrations for our domestic concerns and the surest bulwarks against antirepublican tendencies; the preservation of the General Government in its whole constitutional vigor, as the sheet anchor of our peace at home and safety abroad; a jealous care of the right of election by the people -- a mild and safe corrective of abuses which are lopped by the sword of revolution where peaceable remedies are unprovided; absolute acquiescence in the decisions of the majority, the vital principle of republics, from which is no appeal but to force, the vital principle and immediate parent of despotism; a well-disciplined militia, our best reliance in peace and for the first moments of war till regulars may relieve them; the supremacy of the civil over the military authority; economy in the public expense, that labor may be lightly burthened; the honest payment of our debts and sacred preservation of the public faith; encouragement of agriculture, and of commerce as its handmaid; the diffusion of information and arraignment of all abuses at the bar of the public reason; freedom of religion; freedom of the press, and freedom of person under the protection of the habeas corpus, and trial by juries impartially selected. These principles form the bright constellation which has gone before us and guided our steps through an age of revolution and reformation. The wisdom of our sages and blood of our heroes have been devoted to their attainment. They should be the creed of our political faith, the text of civic instruction, the touchstone by which to try the services of those we trust; and should we wander from them in moments of error or of alarm, let us hasten to retrace our steps and to regain the road which alone leads to peace, liberty, and safety.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

1800s, First Inaugural Address (1801)

Home , Peace , Faith , Religion

“Quote, the viability of a postsingularity economy of scarcity is indicated by the transition from an indirection-layer-based economy using markers of exchange of goods and services to a tree-structured economy characterized by optimal allocation of productivity systems in accordance with iterated tit-for-tat prisoner’s dilemma. Money is a symptom of poverty and inefficiency. Unquote.”

Charles Stross book Singularity Sky

Source: Singularity Sky (2003), Chapter 6, “Telegram from the Dead” (p. 143)

Money , Optimism , Tree , Quotes

“The Government of the proletarian dictatorship, together with the Communist Party and trade unions, is of course leaving no stone unturned in the effort to overcome the backward ideas of men and women, to destroy the old un-communist psychology. In law there is naturally complete equality of rights for men and women. And everywhere there is evidence of a sincere wish to put this equality into practice. We are bringing the women into the social economy, into legislation and government. All educational institutions are open to them, so that they can increase their professional and social capacities. We are establishing communal kitchens and public eating-houses, laundries and repairing shops, nurseries, kindergartens, children’s homes, educational institutes of all kinds. In short, we are seriously carrying out the demand in our programme for the transference of the economic and educational functions of the separate household to society. That will mean freedom for the woman from the old household drudgery and dependence on man. That enables her to exercise to the full her talents and her inclinations. The children are brought up under more favourable conditions than at home.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

As quoted by Clara Zetkin in "Lenin on the Women’s Question", My Memorandum Book https://www.marxists.org/archive/zetkin/1920/lenin/zetkin1.htm, 1920.
Attributions

Home , Housing , Law , Freedom

“The retreat has come to an end; it is now a matter of regrouping our forces. These are the instructions that the Congress must pass so as to put an end to fuss and bustle. Calm down, do not philosophize; if you do, it will be counted as a black mark against you. Show by your practical efforts that you can work no less efficiently than the capitalists. The capitalists create an economic link with the peasants in order to amass wealth; you must create a link with peasant economy in order to strengthen the economic power of our proletarian state. You have the advantage over the capitalists in that political power is i n your hands; you have a number of economic weapons at your command; the only trouble is that you cannot make proper use of them.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

"Communism and New Economic Policy",(April 1921)
1920s

Wealth , Making love , Effort

“We need a real test. The capitalists are operating alongside us. They are operating like robbers; they make profit; but they know how to do things. But you - you are trying to do it in a new way: you make no profit, your principles are communist, your ideals are splendid; they are written out so beautifully that you seem to be saints, that you should go to heaven while you are still alive. But can you get things done? We need a test, a real test, not the kind the Central Control Commission makes when it censures somebody and the All-Russia Central Executive Committee imposes some penalty. Yes, we want a real test from the view point of the national economy.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

"Communism and New Economic Policy",(April 1921)
1920s

Way , Making love , Penalty

“Admidst the colossal ruin of the country and the exhaustion of the forces of the proletariat, by a series of almost superhuman efforts, we are tackling the most difficult job: laying the foundations for really existing socialist economy, for the regular exchange of commodities (or, more correctly, exchange of products) between industry and agriculture.”

Vladimir Lenin (1870–1924) Russian politician, led the October Revolution

1920s

Effort , Country

“We are going to transform this country and finally create an economy and a government which works for all of us, not just the 1 percent. The underlying principles of our government will not be greed, hatred and lies. It will not be racism, sexism, xenophobia, homophobia and religious bigotry. This campaign will be based on justice—on economic justice, on social justice, on racial justice, on environmental justice.”

Bernie Sanders (1941) American politician, senator for Vermont

Quoted in: Bernie Sanders kicks off 2020 campaign in Brooklyn, The New York Post, Khristina Narizhnaya and Eileen AJ Connelly, https://nypost.com/2019/03/02/bernie-sanders-kicks-off-2020-campaign-in-brooklyn/ (2 March 2019)
2010s, 2019, March 2019

Justice , Country

“I happen to believe also that what, to me, democratic socialism means is we deal with an issue we do not discuss enough… not in the media and not in Congress. You’ve got three people in America owning more wealth than the bottom half of this country. You’ve got a handful of billionaires controlling what goes on in Wall Street, the insurance companies and in the media. Maybe, just maybe, what we should be doing is creating an economy that works for all of us, not 1%. That’s my understanding of democratic socialism.”

Bernie Sanders (1941) American politician, senator for Vermont

Bernie Sanders on Democratic Socialism: We Want to Create an Economy That Works for All of Us https://www.democracynow.org/2019/9/13/bernie_sanders_democratic_socialism_defense_democratic DemocracyNow (13 September 2019)
2010s, 2019, September 2019

Wealth , People , Understanding , Country

“No single financial institution should have holdings so extensive that its failure could send the world economy into another financial crisis … If an institution is too big to fail, it is too big to exist.”

Bernie Sanders (1941) American politician, senator for Vermont

[Huntley, Steve, Steve Huntley: Sanders the socialist sure gets it right on big banks, http://chicago.suntimes.com/politics/7/71/569095/sanders-socialist-sure-gets-right-big-banks, 1 May 2015, Chicago Sun-Times, 2 May 2015]
2010s, 2015

World , Failure

“According to the laws of social development established by Marx, a backward agricultural country cannot show the way to Socialism to other countries. Its failure in this respect is foreordained. It is merely a question of when and how this failure will finally manifest itself. Until now the Bolsheviki have been skillful in disguising their failure under the mask of promises of a glorious future. The last such promise was the Five-Year plan. But the Bolshevist state economy has been in existence now more than fifteen years. For more than ten years the USSR has been enjoying complete peace. And yet, contrary to all promises, things under the Bolshevist state economy have been getting worse every year, (excepting the short period of the Nep), and the day is not far distant when even the most credulous will become convinced that the Bolshevist way leads not upward, toward Socialism, but downward, to open ruin or slow disintegration.”

Karl Kautsky (1854–1938) Czech-Austrian philosopher, journalist, and Marxist theoretician

Chap. IV, Democracy and Dictatorship
“Marxism and Bolshevism: Democracy and Dictatorship,” (1934) http://www.marxists.org/archive/kautsky/1934/bolshevism/index.htm

Peace , Law , Country , Question

“I was the second woman to hold that position in a thirty-year period—and that wasn’t acceptable to me. Clearly, there wasn’t enough awareness of the contributions women can bring to organizations and the economy.”

Nina Vaca businessperson

Nina Vaca: The Dream Maker https://hispanicexecutive.com/2017/nina-vaca-top-ten-lideres-2017/, Hispanic Executive (November 1, 2017)

Women

“The tradition that the universe was originally constructed and has ever since been, and is to-day, guided by the cerebral processes of an all-wise brain, is responsible for it all. Blinded by this inheritance, human beings condone the most palpable defects in the economies of the universe—limitations which, it is not violent to say, if possessed by a fellow human being, would be characterized as those of an imbecile.”

J. Howard Moore (1862–1916)

Source: Better-World Philosophy: A Sociological Synthesis (1899), The Social Problem, p. 87

Universe

“I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society. Nevertheless, it is necessary to remember that a planned economy is not yet socialism. A planned economy as such may be accompanied by the complete enslavement of the individual. The achievement of socialism requires the solution of some extremely difficult socio-political problems: how is it possible, in view of the far-reaching centralisation of political and economic power, to prevent bureaucracy from becoming all-powerful and overweening? How can the rights of the individual be protected and therewith a democratic counterweight to the power of bureaucracy be assured?”

Albert Einstein (1879–1955) German-born physicist and founder of the theory of relativity

1940s, Why Socialism? (1949)

Success , Communication , Problem , Sense

“The police confront dangers and social miseries of a kind most of us can only imagine. They deal with the waste products of a competitive corporate society: the ill-fed, the ill-housed, the desperate, and the defeated. The slums are not the problem, they are the solution; they are the way capitalism deals with the surplus people of a market economy. And for all they cost the taxpayer in crime, police and welfare, the slums remain a source of profit for certain speculators, arsonists, realtors, big merchants, and others.”

Michael Parenti (1933) American academic

Source: Democracy for the Few (2010 [1974]), sixth edition, Chapter 8

Imagination , Housing , People , Problem

“We have come to the end of a chapter in our industrial history. The industrial system to which the Tory Party adheres—at least officially and in its manifestos—has failed us. … It is no use blaming working people or the unions if they have to work in ancient factories with obsolete equipment producing old-fashioned goods at unecomonic prices and earning low wages as well. Working people not only are not responsible for the weakness of British manufacturing industry. They have hitherto been denied the tools and tackle that they needed to put it right. … We have got to make a fresh start now. We have got to get investment up, and to get it up as soon as we can. If the market economy cannot or will not give us that investment, we must do it direct.”

Tony Benn (1925–2014) British Labour Party politician

Speech https://api.parliament.uk/historic-hansard/commons/1975/feb/17/industry-bill#column_942 in the House of Commons (17 February 1975) on the Second Reading of the Industry Bill
1970s

Fashion , Making love , People , History

“It is quite impossible to advocate both the abolition of great inequalities of wealth and the acceptance of a one-quarter public sector and three-quarters private sector arrangement. A mixed economy there will undoubtedly be, certainly for many decades and perhaps permanently, but it will need to be mixed in very different proportions from this.”

Roy Jenkins (1920–2003) British politician, historian and writer

Pursuit of Progress (Heinemann, 1953), p. 96
1950s

Wealth

“The answer is to increase industrial efficiency, to build up our exports, and to substitute home production for imports wherever this can be achieved competitively and economically, to broaden the base of our economy with capital investment, through the training of skilled manpower and the encouragement to accept change, to enable us to expand without running into strains and stresses such as have revealed themselves in past periods of expansion.”

Harold Wilson (1916–1995) Former Prime Minister of the United Kingdom

Speech to the Labour Party Conference in Brighton (12 December 1964), quoted in The Times (14 December 1964), p. 14
Prime Minister

Training , Home , Past , Change

“In the future, there will be no blue-green (KMT or DPP) partisanship in Kaohsiung. All-out efforts will be made to pump up the (city) economy.”

Han Kuo-yu (1957) Taiwanese political figure

Han Kuo-yu (2018) cited in " KMT's Han Kuo-yu wins Kaohsiung mayoral election http://focustaiwan.tw/news/aipl/201811250003.aspx" on Focus Taiwan, 25 November 2018.
2018

Future , Effort

“Trump… Nikki Haley…Mike Pompeo… The people around John Bolton. These people are advocating for strengthening our economy, and if the only way they can do that is by building that economy based on building and selling weapons to countries that are using them to slaughter and murder innocent people, then we need new leaders in this country. The American people deserve better than that.”

Tulsi Gabbard (1981) U.S. Representative from Hawaii's 2nd congressional district

As quoted in "Will the New Congress End U.S. Allegiance to Saudi Arabia and the War in Yemen?", interview by Sharmini Peries, in The Real News (6 January 2019)
2019

Way , People , Country

“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

“We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and in so far as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step. Higher inflation followed by higher unemployment. We have just escaped from the highest rate of inflation this country has known; we have not yet escaped from the consequences: high unemployment. That is the history of the last twenty years.”

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 Labour Party Annual Conference Report 1976, p. 188 and James Callaghan, Time and Chance (Collins, 1987), p. 426. This part of his speech was written by his son-in-law, future BBC Economics correspondent Peter Jay
Prime Minister

History , Country , War , Thinking

“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

“Our future is imperiled, our economy is fragile, and frontline communities are vulnerable to major threats from rising sea levels to lead in our water. A #GreenNewDeal is a common sense, moral solution to fix these issues with the urgency they demand.”

Alexandria Ocasio-Cortez (1989) American politician

Twitter post, https://twitter.com/AOC (22 February 2019)
Twitter Quotes (2019), February 2019

Future , Communication , Water , Sense

“It is possible to debate how strong America should be militarily in relation to the rest of the world. But that is not a debate that needs to be entered into to reduce the military budget by a large amount. If, beginning one year from now, we were to cut military spending by 25 percent from its projected levels, we would still be immeasurably stronger than any combination of nations with whom we might be engaged… Spending on military hardware does produce some jobs, but it is one of the most inefficient ways to deploy public funds to stimulate the economy. When I asked him years ago what he thought about military spending as stimulus, Alan Greenspan, to his credit, noted that... it was not good for the economy; and to the extent that it could be reduced, the economy would benefit…The math is compelling: if we do not make reductions approximating 25 percent of the military budget starting fairly soon, it will be impossible to continue to fund an adequate level of domestic activity even with a repeal of Bush’s tax cuts for the very wealthy.”

Barney Frank (1940) American politician, former member of the House of Representatives for Massachusetts

Barney Frank: ‘Cut the Military Budget’, The Nation https://www.thenation.com/article/cut-military-budget/ (2 March 2009)

Strong , Way , Relation ships , World

“The Pax Americana has gone the way of the Pax Britannica. … The implication for us in Europe is twofold. First, we shall no longer be able to enjoy the luxury of urging the Americans to put right anything of which we disapprove anywhere in the world and then of criticizing them for the way they do it; and secondly, we shall have to undertake a proper share of the burden of Western defence if American support for the Western Alliance is to be sustained. That share can be underpinned only by a strong and expanding European economy.”

Edward Heath (1916–2005) Prime Minister of the United Kingdom (1970–1974)

Speech to the Conservative Political Centre in Blackpool (12 October 1977), quoted in The Times (13 October 1977), p. 6
Post-Prime Ministerial

World , Support , Way , Strong

“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

“A lion runs to the fastest when he is hungry. But nomatter how the economy is of the country he can never eat grass.”

Salman Khan (1965) Indian film actor

Quotes By Salman https://www.moviereview19.xyz/

Grass , Country

“The US has been unable to imagine a better future that goes beyond four plus one G, where they have been unable to imagine what 5G has to offer. They are clearly jealous that a Chinese company called Huawei has outstripped them and because they have been outstripped, they must now punish that one company. We cannot afford to have our own economy being held back because there is this fight that the US is having.”

Cyril Ramaphosa (1952) 5th President of South Africa

As quoted by Peter Fabricius in Washington rejects Ramaphosa’s jibe that it is ‘jealous’ of Huawei’s 5G technology https://www.msn.com/en-za/money/technology/washington-rejects-ramaphosas-jibe-that-it-is-jealous-of-huaweis-5g-technology/ar-AAEckaI?ocid=spartanntp, Daily Maverick, 12 July 2019

Fight , Future , Imagination

“If the world’s largest economy looked poised to show that kind of visionary leadership, other major emitters — like the European Union, China, and India — would almost certainly find themselves under intense pressure from their own populations to follow suit.”

Naomi Klein (1970) Canadian author and activist

The Game-Changing Promise of a Green New Deal, The Intercept, https://theintercept.com/2018/11/27/green-new-deal-congress-climate-change/ (27 November 2018)

World

“Comrade Ho Chi Minh, in a genious way, combined the struggle for national independence with the struggle for the rights of the masses oppressed by the exploiters and the feudals. He saw that the path was to combine the patriotic feelings of peoples with the need of freedom from social exploitation. National liberation and social liberation were the two pillars on which his doctrine was based. Furthermore, he saw that underdeveloped countries, in those conditions because of capitalism, could make a leap in history, building their economy along the path of socialism, saving themselves from the sacrifices and the horrors of capitalism.”

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

Speech (12 September 1973) http://www.cuba.cu/gobierno/discursos/1973/esp/f120973e.html

History , Country , Freedom , People

“It has become ever clearer that underdevelopment is the end result of a process. Therefore, it must be studied from a historical perspective, that is, in relationship to the development and expansion of the great capitalist countries. The underdevelopment of the poor countries, as an overall social fact, appears in its true light: as the historical by-product of the development of other countries. The dynamics of the capitalist economy lead to the establishment of a center and a periphery, simultaneously generating progress and growing wealth for the few and social imbalances, political tensions, and poverty for the many.”

Gustavo Gutiérrez (1928) Peruvian theologian

Source: A Theology of Liberation (1971), p. 54

Study , Country , Light , Wealth

“I hold that protection is not only bad economy, but that it is an agency at once immoral and oppressive, based as it is and must be on the exploitation of the community in the interest of favoured trades and financial groups. I hold it to be a corrupting system, because honesty and purity of administration must be driven to the wall if once the principle of taxes for revenue be departed from in favour of the other principle, which I conceive to be of the essence of protection—that, namely, of taxes for private beneficiaries.”

Henry Campbell-Bannerman (1836–1908) Former Prime Minister of the United Kingdom

Election Address, quoted in The Times (8 January 1906), p. 8
Prime Minister

Bad luck , Communication

“Our economy is fragile so we must begin to rebuild it. Our duty now is to move forward in a calm and conciliatory manner to build a new relationship with Europe and build a Britain that works for everyone in every part of this country.”

Jeremy Corbyn (1949) British Labour Party politician

David Cameron to Jeremy Corbyn: For heaven's sake, go https://www.bbc.co.uk/news/uk-politics-36663181 BBC News (29 June 2016)
2010s, 2016

Parting , Country

“A trade deal will only happen if it is fair and balances the interests of both sides. Given the shape of the British economy, and our trade balance with the EU27, it is hard to see how any deal that did not include services could look like a fair and balanced settlement.”

Philip Hammond (1955) British Conservative politician

Brexit: Don't put bankers first in talks, says Labour https://www.bbc.co.uk/news/business-43334850 BBC News (8 March 2018)
2018

“If you want my opinion, some of the noise is generated by people who are not happy with the agenda that I have, over the last few weeks, tried to advance, of ensuring that we achieve a Brexit which is focused on protecting our economy, protecting our jobs and making sure that we can have continued rising living standards in the future.”

Philip Hammond (1955) British Conservative politician

Chancellor Philip Hammond hits back over public pay leaks https://www.bbc.co.uk/news/uk-politics-40623343, BBC News, 16 July 2017
2017

Future , Making love , People , Happiness

“I am confident we can do a Brexit deal which puts jobs and prosperity first, that reassures employers that they will still be able to access the talent they need, that keeps our market for goods, services and capital open, achieves early agreement on transitional arrangements so trade can carry on flowing smoothly. The collective sigh of relief would be audible. The benefit to our economy would be huge.”

Philip Hammond (1955) British Conservative politician

Philip Hammond on Brexit: Prioritise jobs and living standards https://www.bbc.co.uk/news/uk-politics-40339331, BBC News, 20 June 2017
2017

Self-confidence , Confidence

“The most important outcome for Wales from any negotiations is to be in the single market. By upping the ante on migration, Mr Corbyn and the Labour party risk giving Theresa May the political cover needed for a hard Brexit. If the speech makes rejecting the principle of freedom of movement a priority, then it will help the Tories make a case for leaving the single market, which would be disastrous for the Welsh economy. Labour, despite being the UK opposition, cannot be trusted to know what is best for the Welsh economy.”

Leanne Wood (1971) Welsh Plaid Cymru politician

Jeremy Corbyn risks helping case for hard Brexit, Plaid leader warns https://www.bbc.co.uk/news/uk-wales-politics-38572882 BBC News (10 January 2017)
2017

Making love , Help , Freedom

“We know that with the uncertainties arising from the decision to leave the EU, the Welsh Government now needs to look at alternative ways of improving the economies of areas in Wales that have been left behind by successive UK and Welsh Governments. We propose that this work is started in the areas that are set to lose out the most from the changes to the structural funds that will occur as a result of the decision leave the EU.”

Leanne Wood (1971) Welsh Plaid Cymru politician

Plaid Cymru calls for regional development agencies https://www.bbc.co.uk/news/uk-wales-politics-37318652 BBC News (12 September 2016)
2016

Way , Change , Success , Decision

“Outside the EU, we will be able to sign new trade deals with other countries and open up new markets in the fastest-growing economies around the world.”

Theresa May (1956) Prime Minister of the United Kingdom

Reality Check: Theresa May's Brexit letter https://www.bbc.co.uk/news/uk-politics-46344443 BBC News (26 November 2018)
2010s, On Brexit

World , Country

“Hitlerian socialism… was a form of socialism that resembled a combination of utopian socialism and the socialist market economy found in communist China.”

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. 305

“Work democracy is the natural process of love, work and knowledge which has always governed economy and the social and cultural life of man and always will, as long as there is a human society. Work democracy is the sum total of all naturally developed and developing life functions which organically govern rational human relationships.”

Wilhelm Reich book The Mass Psychology of Fascism

The Mass Psychology of Fascism (1933), Ch. 10 : Work Democracy

Democracy , Nature , Knowledge , Love

“The industry and commerce of the country, ceasing to be conducted by a set of irresponsible corporations and syndicates of private persons at their caprice and for their profit, were entrusted to a single syndicate representing the people, to be conducted in the common interest for the common profit. The nation, that is to say, organized as the one great business corporation in which all other corporations were absorbed; it became the one capitalist in the place of all other capitalists, the sole employer, the final monopoly in which all previous and lesser monopolies were swallowed up, a monopoly in the profits and economies of which all citizens shared.”

Edward Bellamy (1850–1898) American author and socialist

Source: Looking Backward, 2000-1887 http://www.gutenberg.org/ebooks/25439 (1888), Ch. 5.

Business , Personality , People , Country

“We see…Bernie Sanders and Elizabeth Warren and AOC … they’re all out there saying, look, we need to do something about corporate greed… the way that they were involved with loans… Over the most of the 20th century… you had caps… And then all of a sudden there was deregulation. And when deregulation took place, all of this bad stuff started occurring. You know, Wall Street stole from mom and pop. The economy crashed.”

Elizabeth Warren (1949) 28th United States Senator from Massachusetts

Mike Papantonio in "Republicans & Democrats Agree, Loan Sharks Need To Be Regulated", The Ring of Fire, https://trofire.com/2019/06/02/republicans-democrats-agree-loan-sharks-need-to-be-regulated/ (2 June 2019)

Way , Bad luck , Moms

“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

“We middle class people are all same from inside. First things first, I logged into my Facebook account and checked-in there as well. You know what, it is more important to check-in on Facebook than it is to check-in for real at the airport. Let the world which gives zero fucks to what you are doing with your life, know you can afford a plane ticket for economy class. Right?”

Gaurav Sharma (author) (1992) Author and novelist

Gone are the Days (2016)

World , Life , People

“Plainly, the most powerful exception to the notion of a voluntary excahnge in a market economy is the labor market.”

Mimi Abramovitz (1941) non-fiction writer

The existence of a market for labor is one of the distinguishing features of a market economy: workers compete to sell their labor at the most favorable price—meaning, in practice, the highest possible wage. At the same time, however, it is clear that the market for labor is qualitatively different from the market for goods, because workers need to sell their labor to survive.
Joel Blau and Mimi Abramovitz, The Dynamics of Social Welfare Policy (Oxford University Press: 2010) p. 68

“Rajiv Gandhi was not a great Prime Minister by any yardstick. He had his high points and his low points. He did try hard in some ways, but history will judge him not as a man who left behind a great legacy, but as someone who squandered the greatest opportunity India provided to any Prime Minister in living memory to take the country to new heights. He left the country in chaos and in self-doubt, and the economy in the dust.”

Rajiv Gandhi (1944–1991) sixth Prime Minister of India

R Jagannathan, in "Dear Priyanka, your Dad Rajiv was no angel. He let India down (2 May 2014)"

History , Country , Self-confidence , Memory

“Andrew Yarranton, Gentlemen was the founder of English political economy, the first man in England who saw and said that peace was better than war, that trade was better than plunder, that honest industry was better than martial greatness, and that the best occupation of a government was to secure prosperity at home, and let other nations alone.”

Andrew Yarranton (1619–1684) English civil engineer

Patrick Edward Dove, Elements of Political Science. Edinburgh, 1854. p. 402

War , Peace , Home

“Humble and self-effacing, Murthy is known to fly economy class and lives in a modest home in Bangalore -- proof, say his fans, that you can combine business success with Gandhian humility.”

N. R. Narayana Murthy (1946) Indian businessman

Time magazine in 10 best quotes from Narayana Murthy that will change your life, 24 October 2013, 26 December 2013, India TV News http://www.indiatvnews.com/business/india/10-best-quotes-from-narayana-murthy-that-will-change-your-life-8106.html,

Home , Success , Business , Self-confidence

“Everybody knows him as the founder of the Indian Statistical Institute, the architect of the Second Five Year Plan, a close associate of Rabindranath Tagore and as one who had richly contributed to the social, cultural and intellectual life in Bengal. All those in the statistical profession were aware of his deep contributions to statistical theory, his efforts in providing a sound database to the Indian economy, and the part he played in placing India not far from the centre of the statistical map of the world. Those who have been closely associated with him have witnessed the indomitable courage and tenacity in fighting opposition for a good cause and clearing obstacles for propagating right principles.”

Prasanta Chandra Mahalanobis (1893–1972) Indian scientist

C. R. Rao in "Prasanta Chandra Mahalanobis in Vigyanprasar".

Courage , Fight , World , Life

“No technique of random sample has, so far as I can ﬁnd, been developed in the United States or elsewhere, which can compare in accuracy or in economy with that described by Professor Mahalanobis.”

Prasanta Chandra Mahalanobis (1893–1972) Indian scientist

By Harold Hoteliing a well-known US mathematical statistician, in 1938 quoted in "Professor P.C. Mahalanobis and the Development of Population Statistics in India."

“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)

“Seyss-Inquart, spearhead of the Austrian fifth column, took over the government of his own country only to make a present of it to Hitler, and then, moving north, brought terror and oppression to the Netherlands and pillaged its economy for the benefit of the German juggernaut.”

Arthur Seyss-Inquart (1892–1946) austrian chancellor and politician, convicted of crimes against humanity in Nuremberg Trials and sentenced …

Robert H. Jackson

Making love , Country

“Frick, the ruthless organizer, helped the party to seize power, supervised the police agencies to insure that it stayed in power, and chained the economy of Bohemia and Moravia to the German war machine.”

Wilhelm Frick (1877–1946) German Nazi official

Robert H. Jackson

War , Help

“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

“It might also mean greater business and government support for maternity and paternity leave and day care so that the middle class and the poor can get some of the educational benefits that the early academic intervention of the rich provides their children. Fundamentally, it means rethinking our still-persistent notion that educational problems should be solved by schools alone. The more we do to ensure that all children have similar cognitively stimulating early childhood experiences, the less we will have to worry about failing schools. This in turn will enable us to let our schools focus on teaching the skills — how to solve complex problems, how to think critically and how to collaborate — essential to a growing economy and a lively democracy.”

Sean Reardon American sociologist

No Rich Child Left Behind, 2013

Childhood , School , Democracy , Business

“it was partly by their writings that my eyes were opened to the very limited and temporary value of the old political economy, which assumes private property and inheritance as indefeasible facts, and freedom of production and exchange as the dernier mot of social improvement. The scheme gradually unfolded by the St. Simonians, under which the labour and capital of society would be managed for the general account of the community every individual being required to take a share of labour either as thinker, teacher, artist, or producer, all being classed according to their capacity, and remunerated according to their works, appeared to me a far superior description of Socialism to Owen's.”

John Stuart Mill book Autobiography

Autobiography (1873)

Communication , Teachers , Appearance , Freedom

“Bhutan is a nation full of promise and potential. We have the security and confidence of our own culture and traditions, an unspoiled environment and most importantly, a young population full of dynamism and promise. My message to you, the young leaders of Bhutan is - we have everything it takes to build a strong economy and safeguard everything we cherish - but on one condition – that we start today - with big ambitions, and we work hard.”

Jigme Khesar Namgyel Wangchuck (1980) King of Bhutan

Addressing the graduates of Sherubtse college in Kanglung, His Majesty speaks on Bhutan’s future, Kuensel Online http://kuenselonline.com/modules.php?name=News&file=article&sid=8317, (11 April 2007)

Self-confidence , Confidence , Strong

“All that our country has achieved are the accomplishments of our parents – not ours. Our work lies ahead of us – what we have to do has not been done before... People say that Bhutan is a small country. Yes, its true, but our size is our greatest strength... Some say we are a country landlocked between two giant neighbours – yes we all know that being landlocked has its disadvantages but in building a strong economy our geopolitical location is going to be our biggest advantage. Within a few decades India and China are expected to dominate the world economy. So, in the context of opportunities we are definitely not landlocked – I think we have the world at our doorstep!”

Jigme Khesar Namgyel Wangchuck (1980) King of Bhutan

His Majesty speaks on Bhutan’s future, Kuensel Online http://kuenselonline.com/modules.php?name=News&file=article&sid=8317, (11 April 2007)

Country , Strong , People , Thinking

“In a liberal system, society and nation are nothing but an aggregation of competing individuals. What holds them together is the Constitution and the market economy. There is no nation – or if there is, it is only a political nation... When there is no nation, there is no community and no community interest. In essence this is the relationship between the individual and society from a liberal point of view.”

Viktor Orbán (1963) Hungarian politician, chairman of Fidesz

Communication

“Our environment can best be preserved and enhanced by better protection of property rights in a free-market economy.
Private individuals—not socialist governments—are the best stewards of the environment.
China and the old Soviet bloc proved that point once and for all.”

Trevor Loudon New Zealand politician

"Green Is the New Red" https://www.theepochtimes.com/green-is-the-new-red_2778949.html

“So Sweden. Good place not bad people. But a successful model for a viable economy in today's global market. Incorrect!”

Steven Crowder (1987) American actor

Bad luck , People , Success

“If a Communist shouts “Down with nationalism!”, he means the hypocritical bourgeois patriotism that sees the economy only as a system of slavery. If we make clear to the man of the left that nationalism and capitalism, that is the affirmation of the Fatherland and the misuse of its resources, have nothing to do with each other, indeed that they go together like fire and water, then even as a socialist he will come to affirm the nation, which he will want to conquer.”

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

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

Water , Making love

“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)

“Many social scientists, including anthropologists, have been interested in the power inherent in gender relations, often described through the idiom of female oppression. It can be argued that men usually tend to exert more power over women than vice versa. In most societies, men generally hold the most important political and religious positions, and very often men control the formal economy. In some societies, it may even be prescribed for women to cover their body and face when they appear in the public sphere, and, paradoxically, these practices sometimes become more common as their societies become more modern. On the other hand, women are often capable of exerting considerable informal power, not least in the domestic sphere. Anthropologists cannot state unequivocally that women are oppressed before they have investigated all aspects of their society, including how the women (and men) themselves perceive their situation. One cannot dismiss the possibility that certain women in western Asia (the Middle East) see the ‘liberated’ western woman as more oppressed – by professional career pressure, demands to look good and other expectations – than themselves.
When studying societies undergoing change, which perhaps most anthropologists do today, it is important to look at the value conflicts and tensions between different interest groups that are particularly central. Often these conflicts are expressed through gender relations.”

Thomas Hylland Eriksen (1962) Norwegian social anthropologist and professor

Source: What is Anthropology? (2nd ed., 2017), Ch. 2 : Key Concepts

Study , Appearance , Relation ships , Change

“Let me be absolutely clear: in terms of potential deaths and the impact on our economy, the crisis we face from coronavirus is on the scale of a major war, and we must act accordingly. Nobody knows how many fatalities we may see, but they could equal or surpass the U.S. casualties we saw in World War II. It is an absolute moral imperative that our response -- as a government, as a society, as business communities, and as individuals -- meets the enormity of this crisis... If our neighbor or co-worker gets sick, we have the potential to get sick. If our neighbors lose their jobs, then our local economies suffer, and we may lose our jobs. If doctors and nurses do not have the equipment and staffing capacity they need now, people we know and love may die. The American people deserve transparency... We need daily information -- clear, science-based information -- from credible scientific voices, not politicians.”

Bernie Sanders (1941) American politician, senator for Vermont

2020

Science , Death , Business , War

“My hope is that... I will open Democrats' and other progressives' eyes to the many values shared by the Left and Right... like the desire to end corporate welfare and convert to a renewable energy (solar) economy. ...the way to defeat Trump... is to embrace (not marginalize) issues such as raising the minimum wage. ...It is a question of do or just further fade away.”

Ralph Nader (1934) American consumer rights activist and corporate critic

To the Ramparts (2018)

Way , Hope , Question

“Across the globe, in dark places of the earth, secret lairs were rarely caves of monsters or marvels but markets. Shops. The worst-kept secret in circulation was that certain activities invested items in their proximity with certain affects, effects, and powers, and made them hugely valuable. And that thus it was imperative that they be sold. That, certainly, had been the case for as long as there had been people and things, but there were always fluctuations. The occult economies of charged items were always jostling.”

China Miéville book The 9th Technique

The 9th Technique (p. 101)
Short Fiction, Three Moments of an Explosion (2015)

Secret , People

“Almost 80 percent of Americans are now living paycheck to paycheck.... 40 percent of Americans said they wouldn't be able to pay their bills if faced with a $400 emergency. The underlying problem isn't that Americans have been living beyond their means. It's that their means haven't been keeping up with the growing economy. Most gains have gone to the top...”

Robert B. Reich (1946) American political economist

Problem

“The U.S. economy crashes when it becomes too top heavy because the economy depends on consumer spending to keep it going... For a time, the middle class and poor can keep the economy going nonetheless by borrowing. But, as in 1929 and 2008, debt bubbles eventually burst. We're getting dangerously close. By the first quarter of this year, household debt was at an all-time high of $13.2 trillion.”

Robert B. Reich (1946) American political economist

Time , Dependency

“New breakthrough technologies can make it easier, but we've already got, right now, everything we need to accomplish the task of transforming our energy economy away from fossil fuels. Except the willingness.”

Greg Craven American teacher and writer

Appendix (p. 218)
What's the Worst That Could Happen?: A Rational Response to the Climate Change Debate (2009)

Making love

“In the domain of political economy the abstract doctrines of science leave me perfectly cold, my only standard of judgment being experience.”

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

As quoted in W. H. Dawson, Bismarck and State Socialism: An Exposition of the Social and Economic Legislation of Germany since 1870 (London: Swan Sonnenschein & Co., 1891), p. 54
Undated

Science

“One way or another, today's debts will not be paid.... As long as savings mainly by the 1% takes the form of debt claims on the rest of society, they will grow exponentially to hold the 99% in deepening debt.... If debts to creditors are paid by forced privatization, the public domain and infrastructure will be turned into rent-extraction tollbooth opportunities and economies will be impoverished by rentier austerity.”

Michael Hudson (economist) (1939) American economist

pp 418-419
Dr. Michael Hudson, KILLING THE HOST: HOW FINANCIAL PARASITES AND DEBT BONDAGE DESTROY THE GLOBAL ECONOMY, Islet 2015

Way

“Our country is far less at risk from the coronavirus than it is from the thousands of small and large authoritarians who have suddenly flexed their muscles across the country. President Trump would do well to end this ridiculous shutdown so that Americans can get on with their lives and get back to work. Americans should remember the tyrants who locked them down next time they go to the ballot box. Let’s demand an end to the shutdown so we can resurrect our economy, our lives, and our liberties!”

Ron Paul (1935) American politician and physician

2020, End the Shutdown; It’s Time for Resurrection!

Box , Time , Country

“For many millions of Christians, Easter is a time to celebrate the resurrection of Jesus Christ. Others may celebrate the arrival of spring and the promise of new life. Whatever one’s beliefs, after several weeks of mandatory “stay at home” orders and the complete shutdown of the US economy over the coronavirus, this self-destructive hysteria must end and we must reclaim the freedom and liberty that has provided us so much opportunity as Americans. To do that we should first understand that much of the hysteria is being generated by a mainstream media that has long prioritized sensationalism over investigating and reporting the truth. Government bureaucrats are also exaggerating the threat of this virus and appear to be enjoying the power and control that fearful people are willingly handing over to them. One “coronavirus” bureaucrat even told us that we can no longer go to the grocery store! So we should just starve? It is certainly possible to believe that this virus can be dangerous while at the same time pointing out that radical steps are being taken in our society – stay-at-home orders, introduction of de facto martial law, etc.”

Ron Paul (1935) American politician and physician

with very little knowledge of just how deadly is this disease.
2020, End the Shutdown; It’s Time for Resurrection!

Life , Home , Time , Understanding

“(We, the Government of China) must provide better support for fighting and controlling the (COVID-19) outbreak, while safeguarding the normal order of the economy and society.”

Li Keqiang (1955–2023) Premier of the People's Republic of China

Li Keqiang (2020) cited in " China faces dilemma as it tries to get back to work amid coronavirus outbreak fears following Lunar New Year https://www.scmp.com/news/china/society/article/3049407/china-faces-dilemma-it-tries-get-back-work-amid-coronavirus" on South China Morning Post, 6 February 2020.
2020s

Fight , Support

“The facts are as exhaustive as they are exhausting. There’s one simple conclusion from all of this. We’ve been tricked. We’ve been told that America, like most other majority-white countries, deserves the title “developed economy.””

Mona Chalabi (1987) British data journalist

It does not. You cannot charge a woman $39.95 to hold the baby that she has just given birth to. You cannot constantly operate hospitals at close to capacity in order to maximize profits. The pursuit of private money in systems built for public good has not worked ethically or practically.
Coronavirus is revealing how broken America’s economy really is, 6 April 2020

Country

“I should say that when people talk about capitalism it's a bit of a joke. There's no such thing. No country, no business class, has ever been willing to subject itself to the free market, free market discipline. Free markets are for others. Like, the Third World is the Third World because they had free markets rammed down their throat. Meanwhile, the enlightened states, England, the United States, others, resorted to massive state intervention to protect private power, and still do. That's right up to the present. I mean, the Reagan administration for example was the most protectionist in post-war American history. Virtually the entire dynamic economy in the United States is based crucially on state initiative and intervention: computers, the internet, telecommunication, automation, pharmaceutical, you just name it. Run through it, and you find massive ripoffs of the public, meaning, a system in which under one guise or another the public pays the costs and takes the risks, and profit is privatized. That's very remote from a free market. Free market is like what India had to suffer for a couple hundred years, and most of the rest of the Third World.”

Noam Chomsky (1928) american linguist, philosopher and activist

Quotes 1990s, 1995–1999, Sovereignty and World Order, 1999

History , Country , Business , War

“Put starkly, most of the wild nature that was here fifty years ago is gone. And still we seek to grow the human economy, and cheer when that growth accelerates.”

Shaun Chamberlin

"The Sequel: Life After Economic Growth", Tikkun (2018) https://www.tikkun.org/the-sequel-life-after-economic-growth

Nature

Quotes about economy page 14

Quotes about economy
page 14