A Quote by Michel Chossudovsky

According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.

Michel Chossudovsky

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According Bank Bearing Concentration Concentration Of Wealth Corporate Economic Economic Power Power Rights Structures Wealth Woman World World Bank

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Michel Chossudovsky
Canadian - Economist
Born: 1946

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.

C. Wright Mills

The concentration of wealth is a natural result of this concentration of ability, and regularly recurs in history. The rate of concentration varies (other factors being equal) with the economic freedom permitted by morals and laws.

Will Durant

Concentration of wealth yields concentration of political power. And concentration of political power gives rise to legislation that increases and accelerates the cycle.

Noam Chomsky

This bill, by vesting the power to withhold or terminate Federal funds, creates a concentration of power of economic coercion unequaled in the history of governments-a power concentration which defies the experience of mankind with the temptation of power to corrupt.

Strom Thurmond

We in the West have arranged our institutions to prevent the concentration of political power. … But we have failed utterly to prevent the concentration of economic power, or take account of how such concentration damages the conditions under which full human flourishing becomes possible (it is never guaranteed).

Matthew Crawford

Liberals are concerned about the concentration of wealth because it almost inevitably leads to a concentration of power that undermines democracy.

Robert Reich

Normally, we define banks as being either retail or corporate, but ICICI transformed itself from a corporate bank into a retail bank and, now, a universal bank.

Chanda Kochhar

Women in America cannot achieve our full economic and personal fulfillment as long as the concentration of wealth and power in the top 1% continues to stifle democratic voices and progressive policies.

Christine Pelosi

Human rights are particularly cherished by the West, which has never acknowledged economic rights. Human rights mean freedom from politcal oppression, tyranny and abuse, while economic oppression, tyranny and abuse are built into the very structures of globalization.

Jeremy Seabrook

Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other

Milton Friedman

In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption.

Noam Chomsky

We conclude that the concentration of wealth is natural and inevitable, and is periodically alleviated by violent or peaceable partial redistribution. In this view all economic history is the slow heartbeat of the social organism, a vast systole and diastole of concentrating wealth and compulsive redistribution.

Will Durant

Adam Smith's was a real universalism in intent. Laissez Faire was intended to establish a world community as well as a natural harmony of interests within each nation... But the "children of darkness" were able to make good use of his creed. A dogma which was intended to guarantee the economic freedom of the individual became the "ideology" of vast corporate structures of a later period of capitalism, used by them, and still used, to prevent a proper political control of their power.

Reinhold Niebuhr

World Bank is a bank that's focused on economic development and poverty alleviation.

Jim Yong Kim

Our Founding Fathers well understood that concentrated power is the enemy of liberty and the rights of man. They knew that the American experiment in individual liberty, free enterprise and republican self-government could succeed only if power were widely distributed. And since in any society social and political power flow from economic power, they saw that wealth and property would have to be widely distributed among the people of the country. The truth of this insight is immediately apparent.

Ronald Reagan

Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.

Eric Kierans

A Quote by Michel Chossudovsky

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