A Quote by James Fallows
Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.
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It may be a truism that the country cannot be strong abroad unless it is strong at home, but it's also a fact that the country's economic prosperity depends on its security abroad - not only in the core of the liberal democratic world but often well beyond it, too.
As capitalism falters, the rich move their money out of the country, violence increases, and politicians promising prosperity are elected.
Real prosperity comes from everybody in the country working together in a growth mode. Real prosperity comes as a result of people's own initiative and efforts and so forth. Prosperity, if it comes from the government, is not prosperity. It's an existence or a subsistence or whatever, but it isn't prosperity.
Too many entrepreneurs think their valuation is the real economic price of their company. It's not. It's not a real economic price unless you are selling 100%.
We're bringing the corporate rate down to 20 percent from 35 percent. That's a massive - this will be the biggest tax cut in history. In the history of our country. And that's great. And we need it. Because right now, our country's about the highest taxed or certainly one of the highest taxed in the world. And we can't have that. So we're going to have a country that's toward the lower end.
The inflow of capital from the developed countries is the prerequisite for the establishment of economic dependence. This inflow takes various forms: loans granted on onerous terms; investments that place a given country in the power of the investors; almost total technological subordination of the dependent country to the developed country; control of a country's foreign trade by the big international monopolies; and in extreme cases, the use of force as an economic weapon in support of the other forms of exploitation.
What Asia's postwar economic miracle demonstrates is that
capitalism is a path toward economic development that is potentially
available to all countries. No underdeveloped country in the
Third World is disadvantaged simply because it began the growth
process later than Europe, nor are the established industrial powers
capable of blocking the development of a latecomer, provided
that country plays by the rules of economic liberalism.
Most people try to get rich by being cheap and the price for that is that you live cheap and there is so much money out there; why would you want to live cheap?
Because we don't have a Fairness Doctrine, and because we have further media consolidation, and because we have a craptastic corporate media, WE DON'T HAVE NEWS! We don't have an informed populous and we don't have a democracy... Everyone in the world knows that America, (in its current state, because of right-wingers) that the right wing arm of this country (that speaks for this country unfortunately) has no credibility when it comes to human rights or independent media.
Iran is not a make-believe country. It is a real country populated by some 75 million people - real people; including, I daresay, a majority who are philosophically and by education inclined toward the modern, secular world, and particularly American values.
Seven out of 10 Americans know the country's headed in the wrong direction, that in a very real sense that this is a clear choice between change in the status quo and I've always been telling crowds, the other side says if you like your status quo you can keep it.
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.
I don't think, post 9/11, we're going to wait for real obvious things like Country A attacking Country B - because Country A doesn't attack Country B any more.
The fundamental principles of prosperity in every country are so well understood that they need but little if any discussion. They are so simple that with the proper cooperative action the American people collectively can easily place this wonderful country of ours in the position that it is so well qualified to hold among the nations of the world.
For God to be kept out of the classroom or out of America's public debate by nervous school administrators or overcautious politicians serves no one's interests. That restriction prevents people from drawing on this country's rich and diverse religious heritage for guidance, and it degrades the nation's moral discourse by placing a whole realm of theological reasoning out of bounds. The price of that sort of quarantine, at a time of moral dislocation, is - and has been - far too high.
It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.
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