A Quote by Richard Powers

The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted. — © Richard Powers
The thing that makes reading and writing suspect in the eyes of the market economy is that it's not corrupted.
Reading usually precedes writing. And the impulse to write is almost always fired by reading. Reading, the love of reading, is what makes you dream of becoming a writer.
What is it about a work of art, even when it is bought and sold in the market, that makes us distinguish it from . . . pure commodities? A work of art is a gift, not a commodity. . . works of art exist simultaneously in two “economies”, a market economy and a gift economy. Only one of these is essential, however: a work of art can survive without the market, but where there is no gift, there is no art.
I prefer reading to writing. Reading changes your world view. Writing changes absolutely nothing. Except, of course, when it makes you rich.
Babbitt as a book was planless; its end arrived apparently because its author had come to the end of the writing-pad, or rather, one might suspect from its length, to the end of all writing-pads then on the market.
Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.
When I say the economy is shrinking, it's the economy of the 99%, the people who have to work for a living and depend on earning money for what they can spend. The 1% makes its money basically by lending out their money to the 99%, on charging interest and speculating. So the stock market's doubled, the bond market's gone way up, and the 1% are earning more money than ever before, but the 99% are not. They're having to pay the 1%.
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 one thing that makes writing a better pastime than reading is that you can make things turn out the way you want in the end!
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.
The market economy of its own cannot destroy socialism. But to build socialism with success, it is necessary to develop a market economy in an adequate and correct way.
The economy is much bigger than the market. We will not be able to build a good economy - nor a good society - unless we look at the vast expanse beyond the market.
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.
A man I know who writes and aspires to be a novelist does very little reading, and he's not that successful. But I think it's because he's like the kid who wants to be a ballplayer and never goes to the ballpark or tries to hit a ball. So I'd say reading is the most important thing that I do, besides the actual writing. I'm always asking as I read, "How did the writer do this? Why do I suddenly have tears in my eyes? Why am I crying?"
Machiavel, discoursing on these matters, finds virtue to be so essentially necessary to the establishment and preservation of liberty, that he thinks it impossible for a corrupted people to set up a good government, or for a tyranny to be introduced if they be virtuous; and makes this conclusion, 'That where the matter (that is, the body of the people) is not corrupted, tumults and disorders do not hurt; and where it is corrupted, good laws do no good:' which being confirmed by reason and experience, I think no wise man has ever contradicted him.
I find it quite useful to think of a free-market economy - or partly free market economy - as sort of the equivalent of an ecosystem. Just as animals flourish in niches, people who specialize in some narrow niche can do very well.
Though my heart may be left of centre, I have always known that the only economic system that works is a market economy... This is the only natural economy, the only kind that makes sense, the only one that can lead to prosperity, because it is the only one that reflects the nature of life itself.
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