A Quote by James Gleick

The Internet has taken shape with startlingly little planning? The most universal and indispensable network on the planet somehow burgeoned without so muchasa boardofdirectors, never minda mergers-and- acquisitions department. There is a paradoxical lesson here for strategists. In economic terms, the great corporations are acting like socialist planners, while old- fashioned free-market capitalism blossoms at their feet.
Much of what is called investment is actually nothing more than mergers and acquisitions, and of course mergers and acquisitions are generally accompanied by downsizing.
It is indeed paradoxical that, while the apologists of capitalism usually consider the 'price mechanism' to be the great advantage of the capitalist system, price flexibility proves to be a characteristic feature of the socialist economy.
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.
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.
Democracy no longer means what it was meant to. It has been taken back into the workshop. Each of its institutions has been hollowed out, and it has been returned to us as a vehicle for the free market, of the corporations. For the corporations, by the corporations.
Somewhere along the way to free-market capitalism, the United States became the most wasteful society on the planet.
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westerners about what the market really means.
To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means.
The free market is not only a more efficient decision maker than even the wisest central planning body, but even more important, the free market keeps economic power widely dispersed.
Free-market capitalism is a network of free and voluntary exchanges in which producers work, produce, and exchange their products for the products of others through prices voluntarily arrived at.
Most corporate name changes are the result of mergers and acquisitions. But these tend to be unimaginative.
Large corporations are amassing so much power in our economy. Sometimes it's called market concentration or even old-fashioned monopolies.
Democracy no longer means what it was meant to. It has been taken back into the workshop. Each of its institutions has been hollowed out, and it has been returned to us as a vehicle for the free market, of the corporations. For the corporations, by the corporations. Even if we do vote, we should just spend less time and intellectual energy on our choices and keep our eye on the ball.
The nature of the economic system should be a matter for public choice, and free market capitalism should not be accepted without any discussion of the rich variety of alternatives ... Unlike civil laws, economic laws are imposed on people with all the authority of immutable laws of nature. But the economy is created by people, supported by government intervention, regulation, statute and subsidy, and implemented in such a way that it gives substantial wealth and power to a privileged few, while the majority face a life of relentless work, stress and periodic financial insecurity.
Free-market capitalism doesn't pick economic winners and losers based on the president's economic nostalgia, and limited-government conservatism isn't marked a top-down ideological conformity strictly enforced by state media organs.
Post-1989 capitalism was far more unfriendly to economic and social rights than was the prior capitalism seeking to win public approval as a more compassionate economic arrangement than that which prevailed in state socialist economies.
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