A Quote by Naomi Klein
This same economic system, based on short-term growth and endless profits is also the reason for pretty much everything else that is lousy in our society, from private prisons to Fox News. What I'm arguing is that, in fact, what we've been told is a lie.
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I would be remiss, as a scientist who studied this, if I didn't mention the following two things: The first is that, most importantly, we need to do, as a society, in this country and globally, whatever we can to reduce population"....."Our whole economic system is based on growth, and growth of our population, and this economic madness has to end.
I can't remember exactly, but the White House is not keen on people going on Fox News. It's my view that while people in the administration feel that Fox News doesn't give them a fair shake, the fact of the matter is there are a lot of people who watch Fox News.
Obama's presidency hasn't been dedicated to achieving economic growth in the short term, or about creating jobs.
Growth is the mantra of our society because the economy can't remain healthy without growth.Impregnable monopolies aside (and these are few), profits are both the hallmark of capitalism and its Achilles heel, for no business can permanently maintain its prices much above its costs. There is only one way in which profits can be perpetuated; a business-or an entire economy-must grow.
[T]here are, at bottom, basically two ways to order social affairs, Coercively, through the mechanisms of the state - what we can call political society. And voluntarily, through the private interaction of individuals and associations - what we can call civil society. ... In a civil society, you make the decision. In a political society, someone else does. ... Civil society is based on reason, eloquence, and persuasion, which is to say voluntarism. Political society, on the other hand, is based on force.
The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.
To build and sustain brands people love and trust, one must focus-not only on today but also on tomorrow. It's not easy...but balancing the short and long term is key to delivering sustainable, profitable growth-growth that is good for our shareholders but also good for our consumers, our employees, our business partners, the communities where we live and work, and the planet we inhabit
Al Qaeda really hurt us, but not as much as Rupert Murdoch has hurt us, particularly in the case of Fox News. Fox News is worse than Al Qaeda - worse for our society. It's as dangerous as the Ku Klux Klan ever was.
I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the world and about its influence on the United States. We're concerned about the short-term economic news, but long-term I'm optimistic. And so, I hope investors, you know - secondly, I hope investors hold investments for periods of time - that I've always found the best investments are those that you salt away based on economics.
For too long, the world has been focused on short-term growth and development at the expense of our long-term survival as we have depleted our natural resources at historically reckless rates.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
Over the longer term, China will grow by about 6% or 7% per year. The Chinese authorities usually react pretty quickly to unfolding economic events, and you've seen them recently change a whole bunch of policies to be more conducive to growth. They have the power and capability to macromanage the economy - to accomplish their growth objectives - which means they're pretty much going to come close to what they say is going to happen.
Our economic system has enabled companies and individuals to use their power and influence to capture and retain an ever-increasing share of the benefits of economic growth while the benefits for the poorest in society have shrunk.
Fox News may be demolishing its more liberal cable news rivals in the ratings but to Democrats it's still the bogeyman. That's why President Obama took the opportunity to criticize the network during a speech defending his economic record at Northwestern University today. But in doing so, the president not only demonstrated the weakness of his position but also why he doesn'?t understand Fox'?s appeal.
In 1990, about 1 percent of American corporate profits were taken in tax havens like the Cayman Islands. By 2002, it was up to 17 percent, and it'll be up to 20-25 percent very quickly. It's a major problem. Fundamentally, we have a tax system designed for a national, industrial, wage economy, which is what we had in the early 1900s. We now live in a global, asset-based, services world. And we need to have a tax system that follows the economic order or it's going to interfere with economic growth, it's going to reduce people's incomes, and it's going to damage the US.
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