A Quote by Ralph Nader
Competition, free enterprise, and an open market were never meant to be symbolic fig leaves for corporate socialism and monopolistic capitalism.
Quote Topics
Quote Author
Related Quotes
We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.
Unless there is free and fair competition, there can't be healthy economic development. And what we have in Burma now is not an open-market economy that allows free and fair competition, but a form of colonialism makes a few people very, very wealthy. It's what you would crony capitalism.
A traffic jam is a collision between free enterprise and socialism. Free enterprise produces automobiles faster than socialism can build roads and road capacity.
Competition is the hallmark of a free enterprise economy. For the past thirty years, however, corporate America has been doing everything it can to cut competition, with major corporations merging and consolidating at every opportunity.
Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, Liberalism would preserve [them] ... by reconciling them with public right. Socialism would kill enterprise; Liberalism would rescue enterprise from the trammels of privilege and preference. Socialism assails the preeminence of the individual; Liberalism seeks ... to build up a minimum standard for the mass. Socialism exalts the rule; Liberalism exalts the man. Socialism attacks capitalism; Liberalism attacks monopoly.
We all too often have socialism for the rich and rugged free market capitalism for the poor.
Traditional Marxism attempted to argue against free enterprise by saying that capitalism causes poverty and that, therefore, socialism is necessary. That didn't work, because it was false.
The slave states of Western world are an outgrowth of monopolistic capitalism - an economic system which is opposed to the wide distribution of private property in many hands. Instead, monopolistic capitalism concentrates productive wealth among a few men, allowing the rest to become a vast proletariat.
It is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
This is the free enterprise system. The only place in the world that I can recall where companies never failed was the old Soviet Union. This is what investors do in free enterprise and capitalism system. [...[ And, yes, free enterprise system can be cruel. But the problem with this administration is that small businesses are the one who had suffered the most, the kind that need investors, the kinds that don't need the hundreds of pages, thousands of pages of regulations that continue to plague them and have them hold back on the hiring investment.
Since the end of the 1970s, free-market capitalism has been in, and socialism has been out.
In the whole history of capitalism, no one has been able to establish a coercive monopoly by means of competition in a free market...Every single coercive monopoly that exists or ever has existed...was created and made possible only by an act of government...which granted special privileges (not obtainable in a free market) to a man or a group of men, and forbade all others to enter that particular field.
Ignorance, as well as disapproval for the natural restraints placed on market excesses that capitalism and sound markets impose, cause our present leaders to reject capitalism and blame it for all the problems we face. If this fallacy is not corrected and capitalism is even further undermined, the prosperity that the free market generates will be destroyed.
We were in the market ahead of competition. We brought new products on the market ahead of competition. We rolled out our networks. We begged, borrowed, stole, put things out. And while they were never near perfect, they were first. And that gave us, to my mind, a lot of advantage.
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.
By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.
Related Authors
Alan Dershowitz Quotes
American
Lawyer
Cass Sunstein Quotes
American
Lawyer
Cenk Uygur Quotes
Turkish
Lawyer
Clarence Darrow Quotes
American
Lawyer
Elizabeth Edwards Quotes
American
Lawyer
Elliott Abrams Quotes
American
Lawyer
James Carville Quotes
American
Lawyer
John Kennedy Quotes
American
Lawyer
Judy Sheindlin Quotes
American
Lawyer
Prashant Bhushan Quotes
Indian
Lawyer
Robert Green Ingersoll Quotes
American
Lawyer
Robin S. Sharma Quotes
Canadian
Lawyer
Robin Sharma Quotes
Canadian
Lawyer
Valerie Jarrett Quotes
American
Lawyer
William Jennings Bryan Quotes
American
Lawyer
Zephyr Teachout Quotes
American
Lawyer