Market Economy Quotes

In the market economy the price that is offered is counted upon to produce the result that is sought.

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 Welfare State is merely a method for transforming the market economy step by step into socialism.

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

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.

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.

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.

The market economy as such does not respect political frontiers. Its field is the world.

There is no pure free-market economy.

The public trust is at the core of both a free market economy and a democracy.

The trouble with a free market economy is that it requires so many policemen to make it work.

The free market economy is supposed to be the only path leading to the happiness of humanity by promoting wealth and prosperity, power and influence of nations.

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.

Globalization, meaning the global expansion of a market economy, is the only way we can guarantee widespread prosperity and peace. A lot of nations are just so small, that unless they can sell their goods and services on the market they're never going to develop, they don't have an internal market that's big enough to sustain anything.

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.

It is something of a miracle that individual selfish decisions (in a market economy) must lead to a collectively efficient outcome.

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.

The market economy is very good at wealth creation but not perfect at all about wealth distribution.

A term like capitalism is incredibly slippery, because there's such a range of different kinds of market economies.

Government planning not only fails; it tends to produce outcomes that are the opposite of what its proponents say that they favor. The only stable and productive social system is one that embraces human liberty in its totality, and defends the market economy, private property, sound money, and peaceful international relations, while opposing government intervention as economically and socially destructive.

A depression is a large-scale decline in production and trade...there is nothing in the nature of a free-market economy to cause such an event.

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.

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.

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.

Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

A fundamental contradiction does not exist between socialism and a market economy.

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.

It's time to admit that public education operates like a planned economy, a bureaucratic system in which everybody's role is spelled out in advance and there are few incentives for innovation and productivity. It's no surprise that our school system doesn't improve: It more resembles the communist economy than our own market economy.

Money has to undergo a metamorphosis again, it has to relinquish its role in the market economy and engage in an economy of capacities. Then we would be concerned with human creative productivity. And we would come full circle, since each human being can then act within his company as co-creator of the future, can - in full dignity - contribute to shaping this future.

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.

Though my heart may be left of centre, I have always known that the only economic system that works is a market economy... This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself.

The market economy-capitalism-is a social system of consumers' supremacy.

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.

The tragedy of government welfare programs is not just wasted taxpayer money but wasted lives. The effects of welfare in encouraging the break-up of low-income families have been extensively documented. The primary way that those with low incomes can advance in the market economy is to get married, stay married, and work—but welfare programs have created incentives to do the opposite.

You have to manage money. Particularly with market economies. You may have a great product but if your bottom line goes bust then that's it.

While big-business leaders and firms can be highly productive, servants of consumers in a free market economy, they are also all too often, seekers after subsidies, contracts, privileges, or cartels furnished by big government. Often, business lobbyists and leaders are the sparkplugs for the statist, interventionist system.

The truth is that capitalism has not only multiplied population figures, but at the same time, improved the people's standard of living in an unprecedented way. Neither economic thinking nor historical experience suggests that any other social system could be as beneficial to the masses as capitalism. The results speak for themselves. 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: Si monumentum requires, circumspice.

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

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.

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.

Underlying most arguments against the free market is a lack of belief in freedom itself.

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.

The market economy is the social system of the division of labor under private ownership of the means of production. Everybody acts on his own behalf; but everybodys actions aim at the satisfaction of other peoples needs as well as at the satisfaction of his own. Everybody in acting serves his fellow citizens.

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.

The real bosses in the capitalist system of market economy are the consumers. They by their buying and by their abstention from buying decide who should own the capital and run the plants. They determine what should be produced and in what quantity and quality. Their attitudes result either in profit or in loss for the enterpriser. They make poor men rich and rich men poor. They are no easy bosses.

The real bosses, in the capitalist system of market economy, are the consumers.

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.

We know that communism is the right hypothesis. All those who abandon this hypothesis immediately resign themselves to the market economy, to parliamentary democracy-the form of state suited to capitalism-and to the inevitable and 'natural' character of the most monstrous inequalities.

As someone who lived under communism for most of my life I feel obliged to say that the biggest threat to freedom, democracy, the market economy and prosperity at the beginning of the 21st century is not communism or its various softer variants. Communism was replaced by the threat of ambitious environmentalism.

In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of a free market economy: 'These children want to work, these people want to employ them... what is your problem? It's not as if anyone has kidnapped them...'