A Quote by Thomas Frank

Markets are interested in profits and profits only; service, quality, and general affluence are different functions altogether. The universal, democratic prosperity that Americans now look back to with such nostalgia was achieved only by a colossal reigning in of markets, by the gargantuan effort of mass, popular organizations like labor unions and of the people themselves, working through a series of democratically elected governments not daunted by the myths of the market.

Thomas Frank

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Achieved Affluence Altogether Back Colossal Democratic Different Effort Elected Functions General Governments Interested Labor Labor Union Like Look Market Markets Mass Myths Nostalgia Now Only Organizations People Popular Profits Prosperity Quality Series Service Themselves Through Unions Universal Working

Quote Author

Thomas Frank
American - Author
Born: March 21, 1965

Democratically elected governments meekly requesting giant corporations to pay pitifully low levels of tax on their enormous profits is not a good look.

David Olusoga

Markets are a social construction, they're made from institutions. We in a democratic society create markets, we constitute markets, we bring them into existence, and we shouldn't turn markets over to a narrow group of people who regulate them and run them in their interests, rather they should be run democratically for the common good.

Douglas Massey

Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied... He who serves the public best, makes the highest profits.

Ludwig von Mises

If you go back in time and look at a map of all of the television markets where wrestling was most popular, historically, the deepest concentrations of those markets were in the northeast.

Eric Bischoff

On the one hand, you have markets such as Singapore and Thailand, with an extremely strong inbound booker market and a well-developed tourism industry. You also have markets that are just opening up to tourists, like Myanmar, that have massive growth potential and then markets that are extremely fragmented within themselves such as Indonesia.

Gillian Tans

Now, most of the time you couldn't be too sure of the quality of the drug. Although, in my experience the stuff was always of a very high quality, because back then we didn't have business majors peddling lower-quality stuff in an effort to increase profits.

Lewis Black

I think the good thing about World TeamTennis is different sized markets can have teams. We have a mix of markets and that's the beauty of World TeamTennis. We don't have to be only in the big market.

Ilana Kloss

Too many people are apt to redeem their profits too quickly. In a huge bull market they wind up with piddling profits, only to watch their former holdings soar. That usually prompts them into making mistakes later when, believing that the market owes them some money, they buy at the wrong time at much higher levels.

Martin Zweig

The United States and Europe are in a state of debt deflation, where people and businesses have to pay banks instead of spending their income on goods and services. So markets shrink, sales and profits fall, and the stock market turns down.

Michael Hudson

Free markets. What does this system mean? The answer is simple: it is the market economy, it is the system in which the cooperation of individuals in the social division of labor is achieved by the market.

Ludwig von Mises

The second part of the New Right's policy package has been the belief that free-market solutions are always best. It is this latter view which is profoundly mistaken. Markets and profits are crucial, but the pure free-market model itself is deeply flawed.

Paul Ormerod

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.

Barbara Ehrenreich

Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market.

Eleni Zaude Gabre-Madhin

Everyone is now praying at the altar of every last dollar of profits to please shareholders. If you invest in your people and treat them well, it's a different way to increase profits.

Chieh Huang

I liked the results of the profits in the markets.

Walter Schloss

A permanent and sustainable solution to all the problems facing working people is possible by taking the biggest companies into democratic ownership, and reorganizing the economy on a democratically planned basis. Under such a system we could democratically decide how to allocate resources. We could rapidly transition away from fossil fuels, develop massive jobs programs to rebuild the country's rotting infrastructure, and begin to build a whole new world based on meeting the needs of the majority, not the profits of a few.

Kshama Sawant

A Quote by Thomas Frank

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