A Quote by Ha-Joon Chang

To paraphrase Winston Churchill, capitalism is the worst economic system except for all the other forms.

Ha-Joon Chang

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Capitalism Churchill Economic Economic System Except Forms Other Paraphrase System Worst

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Ha-Joon Chang
South Korean - Economist
Born: October 7, 1963

The UN may not be very effective but I am a fan of the idea of the United Nations. I have been there, I know the problems. To parody Winston Churchill: It is the worst system, except we don't have any other.

Mary Robinson

I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view.

Kenneth Arrow

I think [Winston] Churchill said it was " [democracy] the worst of all systems except for all the others." And that's probably true. It's never gone easily.

Michael Bloomberg

I think I will still feel that same appreciation for what [Winston] Churchill and others have said is the worst form of government except all the alternatives.

Barack Obama

Joe and I are still very aware of the fact that we live in a country where he criticised the government and lived another day. That trumps all. To paraphrase Churchill, democracy is the worst form of government apart from all the other forms of government. You constantly have to fight for it; you have to keep your government honest.

Valerie Plame

To paraphrase Winston Churchill, I did not take the oath I have just taken with the intention of presiding over the dissolution of the world's strongest economy.

Ronald Reagan

Winston Churchill was like Winston Churchill because of his experiences in life.

Nicholas Soames

You know, the primary process itself is very confusing. But in the end, I guess I believe what Winston Churchill said, which is that democracy is the worst form of government except for all the others. And that phrase of his, which I always have previously thought to be kind of acute, more recently I've thought of it in this way, to say well, you know what, he's also saying it's the worst form of government - except for all of the others.

Geoffrey Cowan

I think most of [people] are not very well educated themselves to understand the Winston Churchill line - democracy is the worst of all governments until you consider all the other ones.

Reid Hoffman

Anarchism is opposed to states, armies, slavery, the wages system, the landlord system, prisons, monopoly capitalism, oligopoly capitalism, state capitalism, bureaucracy, meritocracy, theocracy, revolutionary governments, patriarchy, matriarchy, monarchy, oligarchy, protection rackets, intimidation by gangsters, and every other kind of coercive institution. In other words, anarchism opposes government in all its forms.

Donald Rooum

I believe in market economics. But to paraphrase Churchill - who said this about democracy and political regimes - a market economy might be the worst economic regime available, apart from the alternatives. I believe that people react to incentives, that incentives matter, and that prices reflect the way things should be allocated. But I also believe that market economies sometimes have market failures, and when these occur, there's a role for prudential - not excessive - regulation of the financial system.

Nouriel Roubini

Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.

Kathleen Parker

My mum is in a mental hospital. There's a fine line between genius and insanity. Winston Churchill, Mozart, John Lennon. These people all had a touch of crazy that fuelled their brilliance. They were not locked up for it like my mum. Pft. Then again, Winston Churchill never tried to kill my dad.

Christopher Titus

Benjamin Netanyahu is no Winston Churchill. Whatever else he, is he's not a Winston Churchill. He basically violated the great rule, which is it's better to mislead the people and to lose an election than to mislead the people and win an election.

Mark Shields

Winston Churchill was not entirely British. His mother was American, making Sir Winston part Iroquois Indian.

Rachel Blanchard

Capitalism designates an economic system significantly characterized by the predominance of "capital." Capitalism and double entry bookkeeping are absolutely indissociable; their relationship to each other is that of form to content.

Werner Sombart

A Quote by Ha-Joon Chang

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