Economy Quotes

“In a society in which nearly everybody is dominated by somebody else's mind or by a disembodied mind, it becomes increasingly difficult to learn the truth about the activities of governments and corporations, about the quality or value of products, or about the health of one's own place and economy.
In such a society, also, our private economies will depend less and less upon the private ownership of real, usable property, and more and more upon property that is institutional and abstract, beyond individual control, such as money, insurance policies, certificates of deposit, stocks, and shares. And as our private economies become more abstract, the mutual, free helps and pleasures of family and community life will be supplanted by a kind of displaced or placeless citizenship and by commerce with impersonal and self-interested suppliers...
Thus, although we are not slaves in name, and cannot be carried to market and sold as somebody else's legal chattels, we are free only within narrow limits. For all our talk about liberation and personal autonomy, there are few choices that we are free to make. What would be the point, for example, if a majority of our people decided to be self-employed?
The great enemy of freedom is the alignment of political power with wealth. This alignment destroys the commonwealth - that is, the natural wealth of localities and the local economies of household, neighborhood, and community - and so destroys democracy, of which the commonwealth is the foundation and practical means.”
― Wendell Berry, The Art of the Commonplace: The Agrarian Essays

“It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.”
― Harry S. Truman

“Know something? I'd lay even odds that between the people following us and the people hunting us, we've become this city's principle means of employment. Tal Verrar's entire economy is now based on fucking with us.”
― Scott Lynch, Red Seas Under Red Skies

“Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

“The man whose whole life is spent in performing a few simple operations, of which the effects are perhaps always the same, or very nearly the same, has no occasion to exert his understanding or to exercise his invention in finding out expedients for removing difficulties which never occur. He naturally loses, therefore, the habit of such exertion, and generally becomes as stupid and ignorant as it is possible for a human creature to become. ”
― Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations

“The conservatives are fools: They whine about the decay of traditional values, yet they enthusiastically support technological progress and economic growth. Apparently it never occurs to them that you can't make rapid, drastic changes in the technology and the economy of a society without causing rapid changes in all other aspects of the society as well, and that such rapid changes inevitably break down traditional values.”
― Theodore J. Kaczynski, Industrial Society and Its Future

“The real satanist is not quite so easily recognized as such”
― Anton Szandor LA Vey, The Satanic Bible

“Until you realize how easy it is for your mind to be manipulated, you remain the puppet of someone else's game.”
― Evita Ochel

“Satan has certainly been the best friend the church has ever had, as he has kept it in business all these years.”
― Anton Szandor LA Vey, The Satanic Bible

“When we replace a sense of service and gratitude with a sense of entitlement and expectation, we quickly see the demise of our relationships, society, and economy.”
― Steve Maraboli, Unapologetically You: Reflections on Life and the Human Experience

“No nation has ever taxed itself into prosperity.”
― Rush Limbaugh

“Don't tell me what you value, show me your budget, and I'll tell you what you value.”
― Joe Biden

“You can’t tax business. Business doesn’t pay taxes. It collects taxes.”
― Ronald Reagan

“You know what's truly weird about any financial crisis? We made it up. Currency, money, finance, they're all social inventions. When the sun comes up in the morning it's shining on the same physical landscape, all the atoms are in place.”
― Bruce Sterling

“The best way to boost the economy is to redistribute wealth downward, as poorer people tend to spend a higher proportion of their income.”
― Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

“In the fashion industry, everything goes retro except the prices.”
― Criss Jami, Killosophy

“Our entire system, in an economic sense, is based on restriction. Scarcity and inefficiency are the movers of money; the more there is of any resource the less you can charge for it. The more problems there are, the more opportunities there are to make money.

This reality is a social disease, for people can actually gain off the misery of others and the destruction of the environment. Efficiency, abundance and sustainability are enemies of our economic structure, for they are inverse to the mechanics required to perpetuate consumption.

This is profoundly critical to understand, for once you put this together you begin to see that the one billion people currently starving on this planet, the endless slums of the poor and all the horrors of a culture due to poverty and pravity are not natural phenomenon due to some natural human order or lack of earthly resources. They are products of the creation, perpetuation and preservation of artificial scarcity and inefficiency.”
― Peter Joseph

“They're so broke that they've actually cut essential services. In many places, they've cut policemen, because, who the fuck needs them? Or firemen, son of a bitch, it's much more fun watching something burn down.”
― Lewis Black

“Disease is the biggest money maker in our economy.”
― John H. Tobe

“Congress shall make no law abridging the freedom of production and trade...”
― Ayn Rand, Atlas Shrugged

“Thrift is poetic because it is creative; waste is unpoetic because it is waste.”
― G.K. Chesterton, What's Wrong with the World

“This book was under arrest, along with its author. This event occurred on March 27, 1986. During that time, the totalitarian system in East Europe was called socialism and even by the scientific nonsense and absurd names of Communism and Communist system. In this system, the official ideology was allegedly Marxism, but really it could not endure any Marxist criticism. Since this “socialist” system was afraid of the weapon of criticism, it applied criticism of the weapon against its own citizens, as Marx would have said.”
― Todor Bombov, Socialism Is Dead! Long Live Socialism!: The Marx Code-Socialism with a Human Face

“One of the reasons that so many people of color and poor people are in prison is that the deindustrialization of the economy has led to the creation of new economies and the expansion of some old ones – I have already mentioned the drug trade and the market for sexual services. At the same time, though, there are any number of communities that more than welcome prisons as a source of employment. Communities even compete with one another to be the site where new prisons will be constructed because prisons create a significant number of relatively good jobs for their residents”
― Angela Davis

“Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.

The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage—which sets a floor for other wages—tracked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.”
― Noam Chomsky

“E eu pergunto aos economistas políticos, aos moralistas, se já calcularam o número de indivíduos que é forçoso condenar à miséria, ao trabalho desproporcionado, à desmoralização, à infâmia, à ignorância crapulosa, à desgraça invencível, à penúria absoluta, para produzir um rico?”
― Almeida Garrett

“I don’t think I’ve ever referred to any girl I dated as my girlfriend. I think that would freak me out. Even the girl that I dated for two years in college I don’t think I ever referred to her as my girlfriend.”
“How would you introduce her?” I asked.
“I’m just going to say her name,” he said.”
― Daniel Amory, Minor Snobs

“I have come to understand that life is composed of a series of coincidences. How we react to these - how we exercise what some refer to as free will - is everything; the choices we make within the boundaries of the twists of fate determine who we are.”
― John Perkins

“No matter how many toys we amass we leave them behind when we die, just as we leave a broken environment, an economy that only benefits the richest, and a legacy of empowering greed over goodness. It is now time to commit to following a new path.”
― John Perkins

“The world has a very serious problem, my friend' Shiva went on. 'Poor children still die by their millions. Westerners and the global rich -- like me -- live in post-scarcity society, while a billion people struggle to get enough to eat. And we're pushing the planet towards a tipping point, where the corals die and the forests burn and life becomes much, much harder. We have the resources to solve those problems, even now, but politics and economics and nationalism all get in the way. If we could access all those minds, though...”
― Ramez Naam, Crux

“It was the American middle class. No one's house cost more than two or three year's salary, and I doubt the spread in annual wages (except for the osteopath) exceeded more than five thousand dollars. And other than the doctor (who made house calls), the store managers, the minister, the salesman, and the banker, everyone belonged to a union. That meant they worked a forty-hour week, had the entire weekend off (plus two to four weeks' paid vacation in the summer), comprehensive medical benefits, and job security. In return for all that, the country became the most productive in the world and in our little neighborhood it meant your furnace was always working, your kids could be dropped off at the neighbors without notice, you could run next door anytime to borrow a half-dozen eggs, and the doors to all the homes were never locked -- because who would need to steal anything if they already had all that they needed?”
― Michael Francis Moore, Here Comes Trouble