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"From the time I first understood economic principles, I was always concerned also that any system be operated on an efficient basis, which meant decentralization because knowledge is not concentrated anywhere. It's based on motivation, and so these are the advantages of, say, the cautious case for capitalism, that the market system is efficient."

— Kenneth Arrow
kenneth arrow Quotes Bases,Understood,Efficient

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Kenneth Arrow
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Capitalism
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Cautious
Decentralization

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There are capitalist states which consider themselves cheated, during previous redivisions of spheres of influence, territories, sources of raw materials, markets, etc., and which would again desire to redivide them to their own advantage.

— Joseph Stalin

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