Socialism failed because it couldn't tell the economic truth. Capitalism may fail because it couldn't tell the ecological truth.
Lester R. BrownRead
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Socialism failed because it couldn't tell the economic truth. Capitalism may fail because it couldn't tell the ecological truth.
As a major economic force worldwide, India and Indian companies have the opportunity to set the standards in Asia in terms of women's right to decent work.
Does inequality in the distribution of income increase or decrease in the course of a country's economic growth?
The last few months have seen a welcome race to the top. Consumers have sent companies a clear signal that they do not want their purchasing habits to drive deforestation and companies are responding. Better still, companies are committing to working in partnership with suppliers, governments and NGOs to strengthen forest governance and economic incentives. It can be done and this Declaration signals a real intention to accelerate action.
Even families with health insurance are quite vulnerable to a severe economic reversal if someone gets sick.
When a government controls both the economic power of individuals and the coercive power of the state ... this violates a fundamental rule of happy living: Never let the people with all the money and the people with all the guns be the same people.
Beneath the surface, unnoticed by many, an even deeper force was at work—the rise of creativity as a fundamental economic driver, and the rise of a new social class, the Creative Class.
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
Unfair servicing practices can worsen a family's already difficult economic situation, and the injury echoes from the family to the community and ultimately throughout the economy.
I'm an entrepreneur trying to let the American people know that it's not immigrants that are causing economic problems, it is the fact that our economy is advancing in ways that is making human labor less and less essential.
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
It is my idea to make capitalism create socialism in China so that these two economic forces of human evolution will work side by side in future civilization.
No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system.
Environmental degradation is an iatrogenic disease induced by economic physicians who treat the basic malady of unlimited wants by prescribing unlimited growth.... Yet one certainly does not cure a treatment-induced disease by increasing the treatment dosage.
Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.
Library of the Works of Ludwig von Mises”. Here is an article he wrote in 1951, some two years after his magnum opus Human Action appeared, where is lays out his case in a more popular form. The money sentences are “Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.
The truth is that the whole life of the worker is simply a continuous and dismaying succession of terms of serfdom - voluntary from the juridical point of view but compulsory in the economic sense - broken up by momentarily brief interludes of freedom accompanied by starvation; in other words, it is real slavery.
My father was at the forefront of the economic justice movement - fighting for and with Black women who were on welfare for dignity and for enough support to feed their families, shelter their kids.
In vain they seek to hide behind the flag and the Constitution. In their blindness they forget what the flag and the Constitution stand for. Now, as always, they stand for democracy, not tyranny; for freedom, not subjection; and against a dictatorship by mob rule and the over-privileged alike.
We are conscious that religions cannot solve the economic, political and social problems of this earth.
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