A Quote by James Woods
I think that the economy, and the political system, has literally become such a disaster I don't know if it's possible to save it.
Related Quotes
I don't think the U.K. should leave the E.U. I think it would be a disaster for our economy, and it would lead to a decade of economic and political uncertainty at a time when the tectonic plates of global success are moving.
I think Donald Trump tapped into something where folks didn't think the economy and the political system was working for them.
I think, overall, India is today on the move. The economic reforms that our salvation lies in - operating an open society, political system, an open economy, economic system - this has widespread support.
The President [Barack Obama], I think if you look at it from his shoes, you know, was facing a very difficult situation where he had to own Washington, tame New York, save a collapsing economy, with a collapsed financial system. He moved, I think, to a team that he felt was tried and true, in terms of dealing with financial crisis. That was his decision.
When it comes to immigration reform, now is the time ... I've never seen a better political environment ... I'm not doing immigration reform to solve the Republican Party's political problem. I'm trying to save our nation from, I think, a shortage of labor and a catastrophic broken system.
Democracy in some ways is a very illogical political system. When you win an election, you have to preserve the institutions that would make it possible for your political enemies to win next time. If you think about it, that's almost antithetical to human nature.
I remember being a young black kid in high school, I didn't think the establishment or the political system was for me. I didn't think the system was for me, and I know a lot of kids feel that way.
I think that we see some cities that have developed living wage ordinances. I think that we see some efforts to actually put real restrictions on unscrupulous behavior by creditors. I think that the Consumer Finance Agency is a reflection of a political reaction to the abuses behind the financial disaster. I hope the system will continue to react.
Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political system as well, at least in very large measure.
There's no automatic mechanism in a market system that reconciles the desire to save and the desire to invest. And therefore, the government has to sort of do something or the Federal Reserve, the Fed, or the Central Bank, or whatever, it has to intervene. It has to create enough investment for the economy not to suffer from a fall in aggregate demand. So, if you don't have a balance within the market system itself, then you need an external balance and that's what I think Keynes believed.
I do not know what will happen in China politically. I do know that it is impossible to maintain the communist system or probably even a strict one-party system when the economy becomes so pluralistic. Now, what form that takes and what institutions will evolve, I do not have a clear view about. I do not think the United States, as a general principle, ought to intervene in this.
In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.
Even if it does not become cashless economy, it will become a less cash economy, and I think that itself is going to be a good and big achievement, and I think we are, as a country, gone through many of large changes, and ICICI has been a leader in many of them.
We can have a political system that works for the people and allows for the economy to thrive. It doesn't have to be either.
I think that building political power has to come from the outside and from within. Meaning, we have to build political alternatives to the existing system, and we have to try to impact what is happening in the existing system.
Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.
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