A Quote by A. A. Gill
The truth is a mayor can actually do very little to alter the course of a huge city run by the free market that is home to banking - the engine room of capitalism.
Related Quotes
We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.
Free market capitalism is far more than economic theory. It is the engine of social mobility-the highway to the American Dream.
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
There are different ways to organise capitalism. Free-market capitalism is only one of them-and not a very good one at that.
Basically, the myth is that America has been founded on the free market; the government has done very little; it has thrived under free trade. But actually, if you look at the history, this is actually the country that has succeeded most with protectionist policies.
Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.
People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.
There's not a single country that actually approaches economics in a pure, free market, capitalist way. I like the free market - but it very much exists only in textbooks. If I had a choice, and we could live in a very pure world, I would be a supporter of the free markets.
The Left discovered that its post-electoral strategy of constant confrontation was actually helping Felipe Calderon and his popularity instead of undermining it. So Marcelo Ebrard, the mayor of Mexico City, who's a very savvy politician, he changed course. He decided to actually govern instead of simply trying to bring the Calderon government down.
The greatness of America is capitalism, free market capitalism. The exceptionalism of American business.
My father always said 'There's no free lunch.' My father was right. There's no free lunch and there's no free market. The market is rigged, the market is always rigged, and the rigging is in favour of the people who run the market. That's what the market is. It's a bent casino. The house always wins.
If I were mayor, I'd invite everyone to have free boat trips on the river and free balloon rides over the city. I'd let the elderly in residential homes wander free.
We cannot see outside what we are not inside. The universe is to us what the huge engine is to the miniature engine; and indication of any error in the tiny engine leads us to imagine trouble in the huge one.
Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism.
I am a conservative Republican, a firm believer in free market capitalism. A free market system allows all parties to compete, which ensures the best and most competitive project emerges, and ensures a fair, democratic process.
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