A Quote by Alan Greenspan

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

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Capitalism Condition Crony Capitalism Essentially Favours Giving Officials Payment People Political Private Private Sector Public Public Officials Sector Which

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Alan Greenspan
American - Economist
Born: March 6, 1926

There can be no doubt that probability increases with practice. Fortune favours the brave, fortune favours the prepared mind, and fortune favours those who work the hardest.

Michael Kenna

'Tis folly in one Nation to look for disinterested favors from another; that it must pay with a portion of its Independence for whatever it may accept under that character; that by such acceptance, it may place itself in the condition of having given equivalents for nominal favours and yet of being reproached with ingratitude for not giving more. There can be no greater error than to expect, or calculate upon real favours from Nation to Nation. 'Tis an illusion which experience must cure, which a just pride ought to discard.

George Washington

Entrepreneurial business favours the open mind. It favours people whose optimism drives them to prepare for many possible futures, pretty much purely for the joy of doing so.

Richard Branson

To be resigned when ills betide, Patient when favours are deni'd, And pleas'd with favours given, - Dear Chloe, this is wisdom's part; This is that incense of the heart Whose fragrance smells to heaven.

Nathaniel Cotton

Private sector unionization is down to practically seven percent. Meanwhile the public sector unions have kind of sustained themselves [even] under attack, but in the last few years, there's been a sharp [increase in the] attack on public sector unions, which Barack Obama has participated in, in fact. When you freeze salaries of federal workers, that's equivalent to taxing public sector people.

Noam Chomsky

All that is required of us, in our "new sexual ethic," is that we have sex in a way that favours us more than it favours our diseases.

Richard Summerbell

Crony capitalism on the left and crony capitalism on the right are still crony capitalism.

Rick Wilson

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.

Robert F. Kennedy, Jr.

[the downfall of our political system is the] buying and selling of politicians...bribery. In the private sector, you're arrested for it. In the public sector, it's the norm.

Jesse Ventura

The great, the rich, the powerful, too often bestow their favours upon their inferiors in the manner they bestow their scraps upontheir dogs, so as neither to oblige man nor dogs. It is no wonder if favours, benefits, and even charities thus bestowed ungraciously, should be as coldly and faintly acknowledged.

Lord Chesterfield

Our current model of capitalism and the dominant ideas in policy making have led to a failure of investment by both the public and the private sector in the things that drive productivity, and which affect its distribution.

Mariana Mazzucato

The biggest difference between the private sector and public sector is in the private sector, there's a sense of urgency because you have customers and you have competitors. Whereas in government, one of your major objectives is to not make any really big mistakes.

Charlie Baker

Living standards in both the public and private sector have to be brought down. The private sector has to sell more abroad and consume less at home. The government sector has to get closer to just spending what it can collect in taxes.

John Redwood

I believe that the harm which Mill has done to the world by the passage in his book on Political Economy in which he favours the principle of Protection in young communities, has outweighed all the good which may have been caused by his other writings.

Richard Cobden

The journey to limit crony capitalism: It's a journey, it's not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.

Rakesh Jhunjhunwala

SBI Caps has a distinct advantage because most of our people are market recruits. We have a public sector heritage. Our challenge is to bring the best of both - public sector heritage and private sector talent - and provide a unique offering.

Arundhati Bhattacharya

A Quote by Alan Greenspan

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