Quotes about market
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Michael Parenti photo
F. E. Smith, 1st Earl of Birkenhead photo
Tony Benn photo
Tony Benn photo
Roy Jenkins photo
Harold Wilson photo
Benjamin Creme photo
Benjamin Creme photo
Enoch Powell photo

“When a man offers to sell you something at less than its market price, it is a pretty good sign that you are about to be swindled.”

Enoch Powell (1912–1998) British politician

Speech in Aldridge (2 October 1964), quoted in A Nation Not Afraid. The Thinking of Enoch Powell (B. T. Batsford Ltd, 1965), p. 64
1960s

Alfred von Waldersee photo
Alice A. Bailey photo
Edward Heath photo
Edmund Burke photo
John Holloway photo

“The stock market rises every time there is an increase in unemployment. Students are imprisoned for struggling for free education while those who are actively responsible for the misery of millions are heaped with honours and given titles of distinction: General, Secretary of Defense, President. The list goes on and on.”

It is impossible to read a newspaper without feeling rage, without feeling pain You can think of your own examples. Our anger changes each day, as outrage piles upon outrage.
Source: Change the World Without Taking Power (2002), Chapter I, "The Scream"

Donald Tusk photo

“There can be no frictionless trade outside of the customs union and the single market. Friction is an inevitable side-effect of Brexit by nature.”

Donald Tusk (1957) Polish politician, current President of the European Council

Donald Tusk asks UK for 'better' Northern Ireland idea https://www.bbc.co.uk/news/uk-politics-43235794 BBC News (1 March 2018)
2011, 2018

Stephen King photo
Philip Hammond photo
Michel Barnier photo

“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

Michel Barnier photo
Keir Starmer photo

“Labour would seek a transitional deal that maintains the same basic terms that we currently enjoy with the EU. That means we would seek to remain in a customs union with the EU and within the single market during this period. It means we would abide by the common rules of both.”

Keir Starmer (1962) British politician and barrister

Brexit: Keep single market for transition period - Labour https://www.bbc.co.uk/news/uk-politics-41064314 BBC News (27 August 2017)
2017

Leanne Wood photo

“If the prime minister wants to stay in so many EU institutions, why leave the single market which she admitted will put barriers in place over trade?”

Leanne Wood (1971) Welsh Plaid Cymru politician

Brexit speech by Theresa May criticised by first minister Carwyn Jones https://www.bbc.co.uk/news/uk-wales-politics-43260699 BBC News (2 March 2018)
2018

Leanne Wood photo
Leanne Wood photo

“Leaving the EU would risk our hard-won gains including rights at the workplace, access for businesses to the single market and would diminish our contribution to global challenges such as climate change and conflict resolution.”

Leanne Wood (1971) Welsh Plaid Cymru politician

Osborne: Brexit will put 20,000 Welsh jobs at risk https://www.bbc.co.uk/news/uk-politics-eu-referendum-36357889 BBC News (23 May 2016)
2016

Theresa May photo

“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

Theresa May photo
Liam Fox photo

“You can not leave the European Union and be in the single market and the customs union.”

Liam Fox (1961) British Conservative politician

Brexit transition period could take two years, says Fox https://www.bbc.co.uk/news/uk-politics-40667030 BBC News (20 July 2017)
2017

Liam Fox photo

“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

Roberto Saviano photo

“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)

“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

“In definitional terms, a process is simply a structured, measured set of activities designed to produce a specific output for a particular customer or market. It implies a strong emphasis on how work is done within an organization, in contrast to a product focus’s emphasis on what.”

Thomas H. Davenport (1954) American academic

A process is thus a specific ordering of work activities across time and space, with a beginning and an end, and clearly defined inputs and outputs: a structure for action.
Process Innovation: Reengineering Work through Information Technology, 1993

James C. Collins photo

“This is not a book about charismatic visionary leaders. It is not about visionary product concepts or visionary market insights. Nor even is it about having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies.”

What is a visionary company? Visionary companies are premier institutions -- the crown jewels -- in their industries, widely admired by their peers and having a long track record of making a significant impact on the world around them. The key point is that a visionary company is an organization -- an institution. All individual leaders, no matter how charismatic or visionary, eventually die; and all visionary products and services -- all "great ideas" -- eventually become obsolete. Indeed, entire markets can become obsolete and disappear. Yet visionary companies prosper over long periods of time, through multiple product life cycles and multiple generations of active leaders.
Book abstract, as cited in: Joe Kelly, ‎Louise Kelly (1998), An Existential-systems Approach to Managing Organizations. p. 256
Built to Last: Successful Habits of Visionary Companies, 1994

William F. Sharpe photo

“Any graduate of the ___ Business School should be able to beat an index fund over the course of a market cycle.”

William F. Sharpe (1934) American economist

Statements such as these are made with alarming frequency by investment professionals. In some cases, subtle and sophisticated reasoning may be involved. More often (alas), the conclusions can only be justified by assuming that the laws of arithmetic have been suspended for the convenience of those who choose to pursue careers as active managers.
William F Sharpe, "The arithmetic of active management." Financial Analysts Journal 47.1 (1991): 7-9.

Raj Patel photo

“He is the most consistently successful South African movie maker around, firmly cornering the giggle market.”

Jamie Uys (1921–1996) South African film director

Jani Allan, "(Still) letting the good times roll", Sunday Times (1979), republished in Face Value by Jani Allan.

Martti Ahtisaari photo

“During the next 10 years about 1.2 billion young 15-to-30-year-olds will be entering the job market and with the means now at our disposal about 300 million will get a job. What will we offer these young, about a billion of them?”

Martti Ahtisaari (1937) Finnish politician and former President of Finland

or will we leave them to be recruited by criminal leagues and terrorists? … I think this is one of the greatest challenges if we want to achieve peaceful development and hope for these young.
Interview with Finnish YLE TV, quoted in "Nobel Peace Prize winner wants jobs for the young" in International Herald Tribune (11 October 2008) http://web.archive.org/web/20081012063102/http://www.iht.com/articles/ap/2008/10/11/europe/EU-Finland-Nobel-Peace.php

Rani Mukerji photo
Karl Rove photo
Thomas Carlyle photo
Samuel Johnson photo
Viktor Orbán photo
Gregory Benford photo

“Marches don’t stop markets.”

Gregory Benford (1941) Science fiction author and astrophysicist

Source: Short fiction, The Man Who Sold The Stars (2013), p. 319

Elizabeth Warren photo
Trevor Loudon photo
James Russell Lowell photo
Steve Jobs photo
Steve Jobs photo
Steve Jobs photo
Steven Crowder photo
Dietrich Bonhoeffer photo
Philip K. Dick photo
Benjamin Creme photo
Benjamin Creme photo
China Miéville photo
Max Haiven photo
Diane Abbott photo

“I think that's what we were referencing when we talked about easy movement [of workers after the UK has left the EU's single market] - less bureaucracy; it's good for migrants but it's also good for business”

Diane Abbott (1953) British Labour Party politician

Diane Abbott: Listen to CBI and NHS' on Brexit migration https://www.bbc.co.uk/news/uk-politics-42384346 BBC News (17 December 2017)
2010s

Daniel Hannan photo
Noam Chomsky photo
Immanuel Kant photo
Richard D. Wolff photo
Richard D. Wolff photo

“We have a lot of employment, but the quality of the jobs has collapsed over the last 10 years. The people who work now used to be people who had a job with good income, good benefits and good security. The jobs, overwhelmingly, created have none of those things: low wages—that’s why our wages have gone nowhere; bad benefits—those are shrinking, pensions and so on; and the security is virtually gone. One of our biggest problems in America is people don’t know one week to the next what hours they’re working, what income they’ll get. You can’t have a life like this. So, what we’ve done is we’ve ratcheted down the quality of jobs. We’ve made people use up their savings since the great crash of 2008, so they’re in a bind. They have really no choice but to offer themselves at lower wages or at less benefit or at less security than before, which is why there’s the anger, which is why there was the vote for Mr. Trump in the first place, because this talk of recovery really is about that stock market with the funny money that the Fed Reserve pumped in, but is not about the real lives of people, which are in serious trouble, hence the numbers, like a average American family can’t get a $400 emergency cost because it doesn’t have that kind of money in the background. So, you’ve undone the underlying economy, you have this frothy stock market for the 1 percent, and this is an impossible tension tearing the country apart.”

Richard D. Wolff (1942) American economist

We Need a More Humane Economic System—Not One That Only Benefits the Rich (December 26, 2018)

Richard D. Wolff photo
Benjamin Creme photo
Benjamin Creme photo
Benjamin Creme photo

“[G]overnments are not producers, they have no commodities on their road to the market, and can have no claim whatever to issue paper-money. Even exchequer bills are wrong,…”

Thomas Hodgskin (1787–1869) British writer

Source: Popular Political Economy: Four lectures delivered at the London Mechanics Institution (1827), p. 212

Alan Greenspan photo

“It hardly makes any difference who will be the next president. The world is governed by market forces.”

Alan Greenspan (1926) 13th Chairman of the Federal Reserve in the United States

https://www.theguardian.com/commentisfree/2018/jul/29/city-of-london-desperate-gamble-china-vulnerable-economy when asked by the Swiss newspaper Tages-Anzeiger who, in his view, would be the next president of the United States
2000s

John Stossel photo

“What private property does is connect effort to reward,
creating an incentive for people to produce more.
Then, if there's a free market,
people will trade their surpluses to each other for the things they lack.
Mutual exchange for mutual benefit makes the community richer.”

John Stossel (1947) American consumer reporter, investigative journalist, author and libertarian columnist

Source: The Tragedy of the Commons https://abcnews.go.com/2020/Stossel/story?id=3893247&page=1, ABC News (21 November 2007)

Jan Mankes photo

“While holding a keen eye on all the yelling at the markets, let's prefer to stay away from many of those things that attract at times other painters - if necessary, unknown - to be able to continue the work quietly at times.”

Jan Mankes (1889–1920) Dutch painter

translation from original Dutch: Fons Heijnsbroek

(original Dutch: citaat van Jan Mankes, in het Nederlands:) Laten we, scherp oplettende buiten alle marktgeschreeuw te blijven, ons liever buiten veel van die dingen houden die andere schilders soms aantrekken; om desnoods onbekend rustig door te kunnen werken tot tijd en wijle.

Quote of Jan Mankes, c. 1912; as cited by Kasper Niehuys in Dutch art-magazine Levende Nederlandse Kunst, p. 202

Mankes' reaction at the proposal of a large exhibition of his works in 1912
1909 - 1914

John Morley, 1st Viscount Morley of Blackburn photo
Benjamin Creme photo
Jacques Delors photo
Warren Leopold photo

“Man is endowed with choice, but the world as he has made it is a perfect example of what not to do. Man's basic needs are food, shelter, clothing, and procreation. The stock market, cosmetics, religious games, war games, the myth of teaching, and political games are the lack of these.”

Warren Leopold (1920–1998)

[Westlund, Darren, Cambria Treasures, Warren Leopold, Cambira, CA, Small Town Surrealist Productions, 1990, 39, ASIN: B000E263NM, 2019-03-17, https://www.amazon.com/Cambria-Treasures-Interviews-Noteworthy-Cambrians/dp/B000E263NM]

Ron Paul photo

“In a free-market economy, the consumer is king: labor unions don't run things, business people don't run things, bankers don't run things, politicians don't run things, but the success of a business depends on how people spend their money.”

Ron Paul (1935) American politician and physician

In response to the question "What is your opinion on direct democracy, where the citizens themselves make law, rather than elected representatives?" https://www.youtube.com/watch?v=p-nfaTZNWcI (May 14, 2015)
2015

Yvonne De Carlo photo

“You want to know about the title, right. The most beautiful girl in the world. . . It was a straight publicity thing but it ballooned. Of course, I never could wear blue jeans to the market after that. I had a reputation to uphold.”

Yvonne De Carlo (1922–2007) Canadian-American actress, dancer, and singer

Source: As quoted in " A girl no longer, but . . . De Carlo's a beauty still https://www.newspapers.com/newspage/459624330/" (1975)

John Wyndham photo
Tom Stoppard photo
Rand Paul photo
Milton Friedman photo

“I have been impressed time and again by the schizophrenic character of many businessmen. They are capable of being extremely far‐sighted and clear‐headed in matters that are internal to their businesses. They are incredibly short sighted and muddle‐headed in mat ters [sic!] that are outside their businesses but affect the possible survival of business in general. This short sightedness is strikingly exemplified in the calls from many businessmen for wage and price guidelines or controls or incomes policies. There is nothing that could do more in a brief period to destroy a market system and replace it by a centrally controlled system than effective governmental control of prices and wages. The short‐sightedness is also exemplified in speeches by business men on social responsibility. This may gain them kudos in the short run. But it helps to strengthen the already too prevalent view that the ptirsuit [sic!] of profits is wicked and im moral [sic!] and must be curbed and controlled by external forces. Once this view is adopted, the external forces that curb the market will not be the social consciences, however highly developed, of the pontificating executives; it will be the iron fist of Government bureaucrats. Here, as with price and wage controls, business men seem to me to reveal a suicidal impulse.”

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

“A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits” (Sept. 1970)

Milton Friedman photo
Harry Gordon Selfridge photo
Harry Gordon Selfridge photo

“[T]he artist sells the work of his brush and in this he is a merchant. The writer sells to any who will buy, let his ideas be what they will. The teacher sells his knowledge of books—often in too low a market—to those who would have this knowledge passed on to the young.
The doctor... too is a merchant. His stock-in-trade is his intimate knowledge of the physical man and his skill to prevent or remove disabilities. ...The lawyer sometimes knows the laws of the land and sometimes does not, but he sells his legal language, often accompanied by common sense, to the multitude who have not yet learned that a contentious nature may squander quite as successfully as the spendthrift. The statesman sells his knowledge of men and affairs, and the spoken or written exposition of his principles of Government; and he receives in return the satisfaction of doing what he can for his nation, and occasionally wins as well a niche in its temple of fame.
The man possessing many lands, he especially would be a merchant... and sell, but his is a merchandise which too often nowadays waits in vain for the buyer. The preacher, the lecturer, the actor, the estate agent, the farmer, the employé, all, all are merchants, all have something to dispose of at a profit to themselves, and the dignity of the business is decided by the manner in which they conduct the sale.”

Harry Gordon Selfridge (1858–1947) America born English businessman

The Romance of Commerce (1918), Concerning Commerce

Thomas Sowell photo

“The greatness of a free-market economy is that it does not depend upon the wisdom of those who happen to be on top at the moment.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

“Rise and fall of a business,” Monterey Herald, December 30, 2000
2000s

Dorothy Thompson photo
Dorothy Thompson photo

“The rise of liberalism was accompanied by immense technological progress; by the industrial revolution; by the division of labor which ensued, and which suddenly, and prodigiously, accelerated the efficiency of production; and by the conception of economic life governed by the market. In other words, of economic life governed by the buyer, not the seller. This was a brand-new and wholly revolutionary idea.”

Dorothy Thompson (1893–1961) American journalist and radio broadcaster

Dorothy Thompson’s Political Guide: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
Source: A Study of American Liberalism and its Relationship to Modern Totalitarian States (1938)
pp. 65-66

Stephen Vincent Benét photo
Benjamin Creme photo
Rose Wilder Lane photo
Kim Jong-il photo

“Our country is suffering from the lack of food. We don't have rice for the military. Our country is in a state of anarchy because of the dysfunctional food rationing system. The administration department is responsible for this mess, as well as the Party officials. The Party's Central Committee members have failed their duty in generating a revolutionary spirit, diminishing the Party's effectiveness. We must solve the food problem according to socialist principles, and we must not rely on individuals. If we let the people solve the problem on their own, only merchants and markets will prosper. Then, selfishness will rule our society and destroy our system of true equality.”

Kim Jong-il (1941–2011) General Secretary of the Workers' Party of Korea

Reported speech at Kim Il Sung University in December 1996, as quoted in Exit Emperor Kim Jong-il (2012) by John H. Cha and K. J. Sohn. Domestic collections of Kim's works do not confirm the speech or the wording, but an April 1996 speech to the Central Committee began with similar observations, and a "state of anarchy" arising from privatization in former socialist countries was a theme in earlier works.
1990s

J. Howard Moore photo
Mary Ruwart photo