Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.
We need to put in place an economic system of governance for the euro-zone.
Capitalism is not an economic system, but a world-outlook, or rather, a part of a whole world-outlook.
Conscious evolution of the free enterprise system happens when we realize that neither the heavy handedness of government nor the greed of unregulated enterprise holds the answer to prosperity. It is the radical introspection of both sides leading to...
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
Our entire economy is based on productivity measures that have little to do with “human input”. Sooner or later the entire system will collapse revealing the fallacy of an economy based on finance.
Here's what I don't think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I'm tired of this discussion of capitalism and socialism; we live in the 21st century; we need an economic syst...
Capitalism does not permit an even flow of economic resources. With this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. That's the way the system works. And since we know that the...
By making our defenseless planet the ultimate beneficiary of our economic activity, we align our values with a different set of motivations. When we begin to see life as an interdependent mesh, we place the survival of the human species on equal foot...
Besides taking jobs from American workers, illegal immigration creates huge economic burdens on our health care system, our education system, our criminal justice system, our environment, our infrastructure and our public safety.
I think the market driven economic system is the most productive system, but to have that work in the world, you've got to also have social investments to go along with that.
The crisis is a period in which a diseased social, economic, and political body or system cannot live on as before and is obliged, on pain of death, to undergo transformations that will give it a new lease on life. Therefore, this period of crisis is...
Communism is a monopolistic system, economically and politically. The system suppresses individual initiative, and the 21st century is all about individualism and freedom. The development of technology supported these directions.
Government is inevitably going to play a very significant role in infrastructure, and in a country with a federal system where vibrancy and economic health depend on interstate commerce, it's not going to be private enterprise or state governments th...
If the machinery for distribution in the present economic system of the world is incapable of properly distributing the productive wealth of nations, then that system is false and must be altered.
Is advertising moral? It is part and parcel of the American free enterprise system... I challenge anybody to show any economic system that has done as much for so many in so short a time.
If the bringing of children into the world is today an economic burden, it is because the social system is inadequate; and not because God’s law is wrong. Therefore the State should remove the causes of that burden. The human must not be limited an...
The weakest would be put out of service rather than be allowed to compromise the whole system.
The field of financial innovation, without rules that tie it to human productive output will be the cause of the next revolution.
Many still believe that conducting political and economic reforms at the same time is not an Asian way. But this is a fairy-tale. We broke that old stereotype by reforming our political, economic and social systems concurrently since 1990.
Every nation on the Earth that embraces market economics and the free enterprise system is pulling millions of its people out of poverty. The free enterprise system creates prosperity, not denies it.
