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Market Economy Quote of the day
A fundamental contradiction does not exist between socialism and a market economy.
Without commonly shared and widely entrenched moral values and obligations, neither the law, nor democratic government, nor even the market economy will function properly.
So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries.
Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.
What has changed in 40 years? It’s very simple: 40 years ago there was a market economy. Today there is a market society – today everything, including ethics, has a price.
Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.
Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
I support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it should be globalization with a human face.
The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously.
The largest threat to freedom, democracy, the market economy and prosperity, is no longer socialism. It is, instead, the ambitious, arrogant, unscrupulous ideology of environmentalism.
Multinational corporations and a market economy have transformed human beings into instruments of making money. Human beings should be the end. And money should be the means to an end.
The system of capitalism, of the market economy, is a system of freedom, of justice, of productivity. But these three virtues cannot be separated. Each flows out of the other.
Competitiveness is just as much a part of our nature as empathy. The ideal, in my view, is a democratic system with a social market economy, because it takes both tendencies into account.
The strategic partnership between the European Union and the United States is rooted in our shared values of freedom, human rights, democracy and a belief in the market economy.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term
What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.
In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.
It remains to be seen, for example whether China can continue to develop as a market economy while still retaining an authoritarian communist political system.
So I think one can say on empirical grounds - not because of some philosophical principle - that you can't have democracy unless you have a market economy.
The rationale for the vast network of government welfare programs as well as regulation and control over private enterprise is based on the socialist analysis of the market economy.
I would consider myself simply a critic of the market economy. My standard isn't primarily political. First of all, it's ecological. And then I get to matters that are social and cultural.
The market economy succeeds not because some people's interests are suppressed and other people are kept out of the market, but because people gain individual advantage from it.
The market economy needs no apologists and propagandists. It can apply to itself the words of Sir Christopher Wren's epitaph in St. Paul's: 'If you seek his monument, look around.'