A Quote by James Surowiecki
Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.
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Capitalism cannot reform itself; it is doomed to self-destruction.
People think what's in the US today is capitalism. It's not even close to capitalism. Capitalism doesn't have a central bank, capitalism doesn't have taxes, it doesn't have regulations; capitalism is just voluntary transactions. What they have in the US today I call crapitalism. But it's sad that so many people are confused and they think, 'Oh that's free markets in the US', when it's one of the least free market countries on earth.
I came to office promising major ethics reform to end the culture of self-dealing. And today, that ethics reform is a law. While I was at it, I got rid of a few things in the governor's office that I didn't believe our citizens should have to pay for. That luxury jet was over-the-top. I put it on eBay.
The genius of capitalism lies in its ability to make self-interest serve the wider interest. The potential of a big financial return for innovation unleashes a broad set of talented people in pursuit of many different discoveries. This system, driven by self-interest, is responsible for the incredible innovations that have improved so many lives.
That so many of us find it entirely plausible that a vast network of researchers and health officials and doctors worldwide would willfully harm children for money is evidence of what capitalism is really taking from us. Capitalism has already impoverished the working people who generate wealth for others. And capitalism has already impoverished us culturally, robbing unmarketable art of its value. But when we begin to see the pressures of capitalism as innate laws of human motivation, when we begin to believe that everyone is owned, then we are truly impoverished.
New WikiLeaks-provided e-mails from Clinton aide Doug Band reveal the true nature of the Clinton cash operation: No matter what the stated humanitarian goals of the Clinton Foundation, every fiber and sinew of the organization is wrapped in self-dealing, self-enrichment, fraud, and corruption.
We need to graduate from the ridiculous notion that greed is some kind of elixir for capitalism - it's the downfall of capitalism. Self-interest, maybe, but self-interest run amok does not serve anyone. The core value of conscious capitalism is enlightened self-interest. As Jim Cramer on CNBC says, "Bulls make money, bears make money, pigs get slaughtered."
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process
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.
We must listen to the concerns of our people without dismissing them. When people see something wrong, there is something wrong. When our people see corruption, it means there is corruption. When our people see that their resources are being stolen by certain people, it means this is happening, and we should listen.
The Export-Import Bank's long legacy of crony capitalism has hurt the livelihoods and businesses of many Americans who don't get special treatment from this misguided government program.
When dealing with people, let us remember that we are not dealing with creatures of logic. We are dealing with creatures of emotion, creatures bristling with prejudices and motivated by pride and vanity. ...Any fool can criticize, condemn, and complain - and most fools do. But it takes character and self-control to be understanding and forgiving.
Asymmetrical warfare is a euphemism for terrorism, just like collateral damage is a euphemism for killing innocent civilians.
Faith is a euphemism for prejudice and religion is a euphemism for superstition.
You don't see too many people on a farm. I didn't grow up dealing with a lot of people.
Where the grifter is shameless, the grafter shrinks from exposure, which could only endanger the racket. He is greedy but not creatively ambitious. He toils in mundane self-dealing, insider trading, bribe taking, witness tampering, and other forms of workaday corruption.
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