A Quote by Roger Lowenstein

In seventy years, Russia’s Communists had not succeeded in dealing markets such a telling blow as did its deadbeat capitalists. — © Roger Lowenstein
In seventy years, Russia’s Communists had not succeeded in dealing markets such a telling blow as did its deadbeat capitalists.
The wild open-market theory that died in 1929 had a run of just over thirty years. Communism, a complete melding of religious, economic, and global theories, stretched to seventy years in Russia and forty-five years in central Europe, thanks precisely to the intensive use of military and police force.
Seventy-five years. That's how much time you get if you're lucky. Seventy-five years. Seventy-five winters, seventy-five springtimes, seventy-five summers, and seventy-five autumns. When you look at it like that, it's not a lot of time, is it? Don't waste them. Get your head out of the rat race and forget about the superficial things that pre-occupy your existence and get back to what's important now.
I think it's hypocritical to complain about the rise of China. For 50 years, we were telling everybody in the world that the big threat was Communism, so now the countries that were Communists are now rampant capitalists - and they're doing very well, in some ways much better than the UK. Well, we asked for it. We told them that's what you have to do, and they're doing it, buying up your biggest hotels in New York. You have to laugh.
Communists are frustrated capitalists.
I finished my first book seventy-six years ago. I offered it to every publisher on the English-speaking earth I had ever heard of. Their refusals were unanimous: and it did not get into print until, fifty years later; publishers would publish anything that had my name on it.
Communists are great capitalists, so there is no threat anymore.
Upon graduation, believe it or not, I had no job. I had no interviews. I had no prospects. I had no worries. What I did have, I had passion. I had enormous passion. I had passion for financial markets. I had fallen in love with financial markets.
We Communists have to string along with the capitalists for a while. We need their agriculture and their technology.
The capitalists of a country which manages to capture foreign markets from other countries are able to increase their profits at the expense of the capitalists of the other countries. Similarly, a colonial metropolis may achieve an export surplus through investment in its dependencies.
The time has come for everybody -capitalists, communists, socialists- to ask themselves what 'civilization' really means. If not, whether a country calls itself capitalist or communists, in the pursuit of 'progress' , it will visit genocide either on its own people or on another people whose country must be plundered for resources to feed the Progress industry.
Only one more indispensable massacre of Capitalists or Communists or Fascists or Christians or Heretics, and there we are in the Golden Future.
I'm not wedded to covering the markets. I'm intrigued by the markets. If I can connect Main Street with Wall Street, then I've succeeded.
There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for example, always had to pay a lot more in interest to borrow money than governments in developed nations.
The race will find that capitalists and communists modify themselves so much during the ages that they end by being indistinguishable as democrats.
Whether you're dealing with your allies in Europe or you're dealing with a resurgent Russia, whether you're dealing with Iran or North Korea, you have to use the whole panoply of national tools of power to deal with the challenges the world faces.
If Russia had the same military power that America did, earth would be called Russia.
This site uses cookies to ensure you get the best experience. More info...
Got it!