Economic Systems Quotes - Page 5

• I view derivatives as time bombs, both for the parties that deal in them and the economic system.

  Warren Buffett

  Party, Views, Bombs

  Warren Buffett (2009). “Warren Buffett on Business: Principles from the Sage of Omaha”, p.74, John Wiley & Sons

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• It is the system itself that, that is incapable of producing freedom for the twenty-two million Afro-Americans. Just like a chicken can't lay a duck egg, a chicken can't lay a duck egg, because the system of the chicken isn't constructed in the way to produce a duck egg. And just as that chicken system can't produce, is not capable to, of producing a duck egg, the political and economic system of this country is absolutely incapable of producing freedom and justice and equality and human dignity for the twenty-two million Afro-Americans.

  Malcolm X

  Country, Eggs, Two

  Source: nyx.uky.edu

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• The way in which we can promote peace, is by promoting sustainable management of our resources, equitable distribution of these resources, and that the only way you can actually do that, is that then you have to have a political, economic system that facilitates that. And then you get into the issues of human rights, justice, economic justice, social justice, and good governance or democratic governance. That's how it ties up.

  Wangari Maathai

  Rights, Issues, Ties

  Source: www.huffingtonpost.com

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• I think, overall, India is today on the move. The economic reforms that our salvation lies in - operating an open society, political system, an open economy, economic system - this has widespread support.

  Manmohan Singh

  Lying, Moving, Thinking

  "PM's McKinsey Quarterly Interview". Interview with Rajat K. Gupta, archivepmo.nic.in. 2005.

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• Relationships are at the core of any political system and economic system - any family - and I think we drifted away from understanding that in our country. The people-to-people level is critical. It is ironic, though - we can text with anybody in the world, we can have a videoconference with anybody in the world, but [there should be] an even higher premium on showing up and getting to know someone.

  Hillary Clinton

  Country, Thinking, People

  Source: www.glamour.com

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• The laws of thermodynamics restrict all technologies, man's as well as nature's, and apply to all economic systems whether capitalist, communist, socialist, or fascist. We do not create or destroy (produce or consume) anything in a physical sense- we merely transform or rearrange. And the inevitable cost of arranging greater order in one part of the system (the human economy) is creating a more than offsetting amount of disorder elsewhere (the natural environment).

  Herman E. Daly

  Technology, Men, Law

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• What a hell of an economic system! Some are replete with everything while others, whose stomachs are no less demanding, whose hunger is just as recurrent, have nothing to bite on. The worst of it is the constrained posture need puts you in. The needy man does not walk like the rest; he skips, slithers, twists, crawls.

  Denis Diderot

  Men, Twists, Doe

  "Rameau's Nephew". Book by Denis Diderot, 1821.

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• Politics at all times lead to bloody wars, and not only politics, but also religions as well as social and economic systems of alltimes are spattered with blood. Invariably the big ones devoured the little ones, and the little ones the tiny ones.

  Friedrich Durrenmatt

  War, Blood, History

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• If you cloned JFK and Abraham Lincoln and made them president it wouldn't matter. Our system is just too corrupt and too broken. I think that science is corrupt and broken. I think health and nutrition. I think the economic systems, the international relations, the environment, everything, the engines of everything are broken.

  Rainn Wilson

  Thinking, Broken, President

  Source: bigthink.com

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• The normal economic system works itself.

  James Salter

  Normal, Economic

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• When I first saw China, there were no automobiles. There were no supermarkets. There were no high-rise buildings. There were no consumer goods. There were no restaurants that were at least accessible that foreigners could see. It was a Stalinist society, and a very poor Stalinist society. So the economic system has totally changed, and the private sector in the economic system is now the dominant sector. It didn't exist at all as late as 1979.

  Henry A. Kissinger

  Saws, Firsts, Building

  Source: www.pbs.org

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• Our values are defined by what we will tolerate when it is done to others. Everyone's sense of virtue is degraded by the present reality. A revolutionary principle is embedded in the global economic system, awaiting broader recognition: Human dignity is indivisible. Across the distances of culture and nations, across vast gulfs of wealth and poverty, even the least among us are entitled to dignity, and no justification exists or brutalizing them in the pursuit of commerce.

  William Greider

  Distance, Reality, Principles

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• Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.

  Mortimer Adler

  Exercise, Men, Support

  Louis O. Kelso, Mortimer J. Adler (2017). “The Capitalist Manifesto”, p.6, Pickle Partners Publishing

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• If our economic system is to survive, there has to be a better distribution of wealth ... we can't have a system where some people live in superfluous, inordinate wealth, while others live in abject deadening poverty.

  Martin Luther King, Jr.

  People, Distribution Of Wealth, Poverty

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• You have increasing poverty and increasing wealth. Fine food is one way to dispense with a lot of money... It's understanding that our daily choices about food connect us to a worldwide economic system. And that economic system - not scarcity - creates worldwide hunger for millions of people.

  Frances Moore Lappé

  Food, People, Choices

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• This aged economic system is out of date!

  Severn Cullis-Suzuki

  Economic

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• I like computers. I like the Internet. It's a tool that can be used. But don't be misled into thinking that these technologies are anything other than aspects of a degenerate economic system.

  Jerry Brown

  Technology, Thinking, Tools

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• These people talk of a "middle-of-the-road" policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself — and the people who are asking for government interference — find worse than the conditions they wish to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.

  Ludwig von Mises

  Mean, Government, People

  "Economic Policy: Thoughts for Today and Tomorrow".

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• There is no worse material poverty than one that does not allow for earning one’s bread and deprives one of the dignity of work. Youth unemployment, informality, and the lack of labor rights are not inevitable; they are the result of a previous social option, of an economic system that puts profit above man; if the profit is economic, to put it above humanity or above man, is the effect of a disposable culture that considers the human being in himself as a consumer good, which can be used and then discarded.

  Pope Francis

  Men, Rights, Dignity Of Work

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• It is amusing to discover, in the twentieth century, that the quarrels between two lovers, two mathematicians, two nations, two economic systems, usually assumed insoluble in a finite period should exhibit one mechanism, the semantic mechanism of identification - the discovery of which makes universal agreement possible, in mathematics and in life.

  Alfred Korzybski

  Two Nations, Discovery, Agreement

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• Our social and economic systems are so devoid of humanity and love.

  Russell Brand

  Humanity, And Love, Economic

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• I have heard it said that families with many children and high birth rates are among the cause of poverty. It seems to me a simplistic opinion. I can say that the main cause of poverty is an economic system that has removed the person from the center.

  Pope Francis

  Children, Birth Rate, Poverty

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• The time has come to educate people, to cease all quarrels in the name of religion, culture, countries, different political or economic systems. Fighting is useless. Suicide.

  Dalai Lama

  Suicide, Country, Fighting

  "Dalai Lama laughs off China's criticism" by Rod Mickleburgh, www.theglobeandmail.com. September 8, 2006.

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• We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.

  John Trudell

  Religious, Military, Power

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• A just wage for the worker is the ultimate test of whether any economic system is functioning justly.

  Pope John Paul II

  Tests, Economic, Workers

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