Market Economy Quotes

On this page you will find all the quotes on the topic "Market Economy". There are currently 129 quotes in our collection about Market Economy. Discover the TOP 10 sayings about Market Economy!
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  • It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome.

  • We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.

    Europe   Germany   Needs  
  • Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy.

    Rights   Law   People  
  • Psychological man may be going nowhere, but he aims to achieve a certain speed and certainty in going. Like his predecessor, the man of the market economy, he understands morality as that which is conducive to increased activity. The important thing is to keep going.

    Men   Important   May  
    Philip Rieff (1987). “The Triumph of the Therapeutic: Uses of Faith After Freud”, p.41, University of Chicago Press
  • The key problem is to find out why that sector of society of the past, which I would not hesitate to call capitalist, should have lived as if in a bell jar, cut off from the rest; why was it not able to expand and conquer the whole of society?... [Why was it that] a significant rate of capital formation was possible only in certain sectors and not in the whole market economy of the time?

    Cutting   Past   Keys  
    Fernand Braudel (1982). “Civilization and Capitalism, 15th-18th Century: The wheels of commerce”, p.248, Univ of California Press
  • I believe that any attempt on the part of a libertarian communist society to abridge the rights of a community - for example, to operate on the basis of a market economy of the kind that you describe - would be unforgivable, and I would oppose the practices of such a society as militantly as I think any reader of your publication would.

    Source: reason.com
  • I think Russians today have a distorted picture of capitalism, liberal democracy and market economy.

  • Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property.

    Wisdom   Knowledge   Mean  
  • Capitalism can no more be 'persuaded' to limit growth than a human being can be 'persuaded' to stop breathing. Attempts to 'green' capitalism, to make it 'ecological', are doomed by the very nature of the system as a system of endless growth.

    "Remaking Society". Book by Murray Bookchin, 1989.
  • The real bosses, in the capitalist system of market economy, are the consumers.

    Real   Boss   Economy  
    Ludwig von Mises (2016). “Bureaucracy: The Economist”, p.20, VM eBooks
  • What is it about a work of art, even when it is bought and sold in the market, that makes us distinguish it from . . . pure commodities? A work of art is a gift, not a commodity. . . works of art exist simultaneously in two “economies”, a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.

    Art   Two   Essentials  
  • In a true free market economy, you can't make yourself rich without enriching your community.

    "Robert F. Kennedy Jr. interviewed by David Kupfer". The Progressive magazine, November 2006.
  • To speak of ‘limits to growth’ under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society. The moral pieties, that are voiced today by many well-meaning environmentalists, are as naive as the moral pieties of multinationals are manipulative. Capitalism can no more be ‘persuaded’ to limit growth than a human being can be ‘persuaded’ to stop breathing. Attempts to ‘green’ capitalism, to make it ‘ecological’, are doomed by the very nature of the system as a system of endless growth.

    "Remaking Society: Pathways to a Green Future". Book by Murray Bookchin, 1990.
  • India's future lies in being an open society, an open polity, a functioning democracy respecting all fundamental human freedoms, accepting the rule of law and, at the same time, to emerge as a successful, internationally competitive market economy.

    Lying   Successful   Law  
    "PM's McKinsey Quarterly Interview". Interview with Rajat K. Gupta, archivepmo.nic.in. 2005.
  • Without commonly shared and widely entrenched moral values and obligations, neither the law, nor democratic government, nor even the market economy will function properly.

    Government   Law   Moral  
  • 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.

  • Credit expansion is the governments' foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous.

    Ludwig Von Mises (1963). “Human action: a treatise on economics”
  • 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

  • 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.

  • There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties.

    Party   Government   Goal  
    Ludwig Von Mises (1990). “Economic freedom and interventionism: an anthology of articles and essays”
  • What vitiates entirely the socialists economic critique of capitalism is their failure to grasp the sovereignty of the consumers in the market economy.

    "Liberty and Property". Book by Ludwig von Mises, October 15, 1958.
  • It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.

    Fall   Growth   Fruit  
  • Seriously. It was running out at Rolling Stone. First of all, they didn't feel the need for a dissident conservative voice in a world where certain conservative aspects had become intellectually dominant. I would actually argue against that, but on the surface of it, in the [Bill] Clinton years the market economy triumphed, certain libertarian ideas became ordinary, and certain early-20th-century ideas about centralization of government and economic planning and socialism with a small "s" had obviously gone out the window. The Cold War was over, blah blah blah.

    Source: www.avclub.com
  • Nobody spends somebody else's money as carefully as he spends his own.

    Milton Friedman (1990). “Friedman in China”
  • 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.

    Views   Empathy   Economy  
  • Servile labour disappeared because it could not stand the competition of free labour; its un-profitability sealed its doom in the market economy.

  • To speak of 'limits to growth' under a capitalistic market economy is as meaningless as to speak of limits of warfare under a warrior society.

    "Remaking Society: Pathways to a Green Future". Book by Murray Bookchin, 1990.
  • Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

    "The Joy of the Gospel: Evangelii Gaudium". Book by Pope Francis, w2.vatican.va. November 26, 2013.
  • If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.

    "Taking Money Back" by Murray Rothbard, The Freeman, September-October 1995.
  • Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people.

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