Economic Systems Quotes - Page 9

• To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westerners about what the market really means.

  Vaclav Klaus

  Teaching, Mean, Planning

  "No Third Way Out: An Interview with Vaclav Klaus". Interview with John Fund, reason.com. June 1, 1990.

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• When money, instead of man, is at the center of the system, when money becomes an idol, men and women are reduced to simple instruments of a social and economic system, which is characterized, better yet dominated, by profound inequalities. So we discard whatever is not useful to this logic; it is this attitude that discards children and older people, and is now affecting the young.

  Pope Francis

  Attitude, Children, Simple

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• Resentment is at work when one so hates somebody for his more favorable circumstances that one is prepared to bear heavy losses if only the hated one might also come to harm. Many of those who attack capitalism know very well that their situation under any other economic system will be less favorable.

  Ludwig von Mises

  Hate, Loss, Might

  Ludwig Von Mises (1962). “The free and prosperous commonwealth: an exposition of the ideas of classical liberalism”

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• An economic system can remain viable only so long as society has mechanisms to counter abuses of either state or market power and the erosion of the natural, social, and moral capital that such abuses commonly exacerbate.

  David Korten

  Erosion, Long, Abuse

  David C. Korten (1995). “When Corporations Rule the World”, Island Press

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• A massive campaign must be launched to restore a high-quality environment in North America and to de-develop the United States...De-development means bringing our economic system (especially patterns of consumption) into line with the realities of ecology and the global resource situation...Redistribution of wealth both within and among nations is absolutely essential, if a decent life is to be provided for every human being.

  John Holdren

  Mean, Reality, America

  "White House Science Czar Says He Would Use ‘Free Market’ to ‘De-Develop the United States’" by Nicholas Ballasy, www.cnsnews.com. September 16, 2010.

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• If capitalism is to remain a healthy, vibrant economic system, corporations must participate in taking care of the society and the environment in which they live.

  Simon Mainwaring

  Healthy, Care, Corporations

  "Calling on the Private Sector: It’s Time to Play a Role" by Simon Mainwaring, www.huffingtonpost.com. June 13, 2011.

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• A limited state with free economic systems is the soil where the liberty tree blossoms.

  Orrin Woodward

  Tree, Liberty, Soil

  Twitter post from Jan 12, 2016

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