A Quote by Herbert Hoover

Once upon a time my political opponents honored me as possessing the fabulous intellectual and economic power by which I created a worldwide depression all by myself.

Herbert Hoover

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Power Created Depression Economic Economic Power Fabulous Honored Intellectual Me Myself Once Once Upon A Time Opponents Political Political Opponents Possessing Time Which Worldwide

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Herbert Hoover
American - President
August 10, 1874 - October 20, 1964

Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other

Milton Friedman

The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.

Louis O. Kelso

Worldwide, the twentieth century has seen the rise of extraordinary concentrations of economic and political power - evoking the people as the source of power while simultaneously privatizing its most meaningful exercise. Democracy always seems to be at least slightly elusive under such conditions.

Thomas L. Dumm

The cornerstones of this country's operation are economic and political strength and power. The black man doesn't have the economic strength - and it will take time for him to build it. But right now the American black man has the political strength and power to change his destiny overnight.

Malcolm X

It is economic power that determines political power, and governments become the political functionaries of economic power.

Jose Saramago

The essential nature of a democracy compels it to insist that individual power of all kinds, political, economic, or intellectual, shall not be perversely and irresponsibly exercised.

Herbert Croly

We live in a world in which celebrity recognition, media access, and power translate very quickly into political power and indeed economic power.

Alexander Stille

High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.

Joseph Stiglitz

It has been a source of great pain to me to have met with so many among [my] opponents who had not the liberality to distinguish between political and social opposition; who transferred at once to the person, the hatred they bore to his political opinions.

Thomas Jefferson

The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.

James Tobin

When I look in the mirror I see my parents' sacrifices being honored. I see the love from which I was created and the power of the human spirit.

Zulay Henao

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

Ron Paul

Socialism is nothing more nor less than the social, political and ideological system which breaks the fetters upon economic growth created under capitalism and opens the way to a new period of economic and social expansion on a much larger scale.

Earl Browder

We must make the building of a free society once more an intellectual adventure, a deed of courage. Unless we can make the philosophic foundations of a free society once more a living intellectual issue, and its implementation a task which challenges the ingenuity and imagination of our liveliest minds, the prospects of freedom are indeed dark. But if we can regain that belief in the power of ideas which was the mark of liberalism at its best, the battle is not lost.

Friedrich August von Hayek

The broadening of the economic order which came to be seated in the individual property owner... dramatized by Jefferson's purchase of the Louisiana Territory... "The supremacy of corporate economic power... consolidated by the Supreme Court decision of 1886 which declared that the Fourteenth Amendment protected the corporation... [the New Deal, leading to], within the political arena, as well as in the corporate world itself, competing centers of power that challenged those of the corporate directors.

C. Wright Mills

The American Heritage Dictionary defines crucible as "a place, time, or situation characterized by the confluence of powerful intellectual, social, economic, or political forces; a severe test of patience or belief; a vessel for melting material at high temperatures." A crucible was the vessel in which medieval alchemists attempted to turn base metals into gold. That the alchemists inevitably failed in their audacious attempts doesn't denigrate the power of the crucible as a metaphor for the circumstances that cause an individual to be utterly transformed.

Warren G. Bennis

A Quote by Herbert Hoover

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