A Quote by Manmohan Singh
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.
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China has seen a great deal of economic progress. It's certainly rather of a miracle. The growing role of the market in the economy will force China to open up its political system over time and to move toward a more democratic society. So taken as a whole, the one real failure in this whole business has been Russia.
A new India which realizes its destiny in the framework of an open society, in the framework of an open economy, respecting all fundamental human freedoms great respect for pluralistic, inclusive value system. I think that's what unites India and the United States. And I do hope that working together, our two countries can write a new chapter in the history of our relationship.
Nowhere else you will find a country of India's diversity, of India's complexity, one billion people trying to seek their social and economic salvation in the framework of democracy, in the framework of an open economy.
I believe that without looking at each other as rivals or as competitors, in a democratic India, operating in the framework of an open economy, an open society has, I think, some significance for developing countries, not only in Asia but outside Asia.
Our example - and commitment - to freedom has changed the world. But along with the genius of our Declaration of Independence, our Constitution, and our Bill of Rights, is the equal genius of our economic system. Our Founding Fathers endeavored to create a moral and just society like no other in history, and out of that grew a moral and just economic system the likes of which the world had never seen. Our freedom, what it means to be an American, has been defined and sustained by the liberating power of the free enterprise system.
We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.
That's not to say they [Bill and Hillary Clinton] intend to be corrupt, but I think they're way too cozy with the economic elite, and we know that our political system exemplifies the power of the economic elite.
Money ... is the nerve center of the economic system. If, therefore, the state is able to gain unquestioned control over the unit of all accounts, the state will then be in a position to dominate the entire economic system, and the whole society.
India's future lies in being an open society, an open polity, a functioning democracy respecting all fundamental human freedoms, accepting the rule of law and, at the same time, to emerge as a successful, internationally competitive market economy.
Political democracy cannot flourish under all economic conditions. Democracy requires an economic system which supports the political ideals of liberty and equality for all. Men cannot exercise freedom in the political sphere when they are deprived of it in the economic sphere.
The greatness of America has grown out of a political and social system and a method of control of economic forces distinctly its own - our American system.
At Coinbase, our mission is to create an open financial system for the world. We believe that open protocols for money will create more innovation, economic freedom, and equality of opportunity in the world, just like the Internet did for publishing information.
We have enacted many economic reforms but also others that have an impact on the overall investment climate. For instance, I launched a very important constitutional reform on judicial certainty that completely restarted the whole of the courts system in Ukraine.
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.
Many still believe that conducting political and economic reforms at the same time is not an Asian way. But this is a fairy-tale. We broke that old stereotype by reforming our political, economic and social systems concurrently since 1990.
The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.
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