A Quote by Richard N. Haass
It is true that the U.S. could and should have been more generous as Russia made its painful transition to a market economy in the 1990s.
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The stock market in Japan was half the world market and where has the Japan economy gone since the 1990s? Nowhere. They've been struggling for two decades in the aftermath of a massive bubble that's collapsed. They've tried to work their way out of it by printing even more money and it hasn't worked. Now, I'm saying this is what all the central banks are doing. There is no honest interest rate in the world today.
Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
The record-breaking extreme weather events causing chaos across the globe should be a wake-up call. The transition to a low-carbon economy will be much more painful if we wait until there is a climate crisis before recognising that more than half of the world's fossil fuel reserves will have to remain in the ground.
In the mid-1990s, when Russia was undergoing a construction boom, I entered the real estate development market.
People are are moving away from the fossil fuel-based economy, to a more renewable economy. That is what is called the 'transition town' movement. There are three hundred towns in Britain that are making this transition. Taking energy from solar power, from wind power, from water power.
I don't think anybody knows it was Russia that broke into the DNC. [Hillary Clinton] is saying Russia, Russia, Russia, but I don't - maybe it was. I mean, it could be Russia, but it could also be China. It could also be lots of other people. It also could be somebody sitting on their bed that weighs 400 pounds, OK?
I don`t think anybody knows it was Russia that broke into the DNC. She [Hillary Clinton] is saying Russia, Russia, Russia. Maybe it was. I mean, it could be Russia. But it could also be China. It could also be lots of other people.
Globalization can be very unjust and unfair and unequal, but these are matters under our control. It?s not that we don?t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
Over the past three decades, markets and market thinking have been reaching into spheres of life traditionally governed by non-market norms. As a result, we've drifted from having a market economy to becoming a market society.
I didn't like doing predictions. It's certainly true that right now - and this could change tomorrow - but, right now there is no clear way for Putin to lose power. There seems little chance that a street revolution could unseat him; that's just not how things are going to work in Russia. And it seems as if the very tiny number of people who control the economy and who control politics in Russia are loyal to him.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term.
It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term
A market economy is a tool - a valuable and effective tool - for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavour. It's a place where social relations are made over in the image of the market.
I support freedom and I support a free market economy, but it should be a socially oriented market economy. I support globalization, but it should be globalization with a human face.
The parallel existence and mutual interaction of "state" and "market" in the modern world create "political economy"; without both state and market there could be no political economy.
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.
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