A Quote by Alan Greenspan
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given the democratic structures, which we all, I assume, adhere to, that is an inevitable consequence.
Quote Topics
Quote Author
Related Quotes
Given the nature of spiders, webs are inevitable. And given the nature of human beings, so are religions. Spiders can't help making fly-traps, and men can't help making symbols. That's what the human brain is there for - the turn the chaos of given experience into a set of manageable symbols.
Crony capitalism on the left and crony capitalism on the right are still crony capitalism.
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.
The essence of what exists in the U.S. is not democracy but capitalism - imperialism. What the U.S. spreads around the world is not democracy, but imperialism and political structures to enforce that imperialism.
We do, then, most solemnly before God and the world declare that regardless of every consequence, at the risk of every distress, the arms we have been compelled to assume we will use with perseverance, exerting to their utmost energies all those powers which our Creator hath given us to preserve that liberty which he committed to us in sacred deposit and to protect from every hostile hand our lives and our properties.
The journey to limit crony capitalism: It's a journey, it's not a destination. Slowly but surely, in India, crony capitalism has died and governance is what brings about real growth.
O my Brothers! love your Country. Our Country is our home, the home which God has given us, placing therein a numerous family which we love and are loved by, and with which we have a more intimate and quicker communion of feeling and thought than with others; a family which by its concentration upon a given spot, and by the homogeneous nature of its elements, is destined for a special kind of activity.
Upon a given body to generate and superinduce a new nature or new natures is the work and aim of human power. To discover the Form of a given nature, or its true difference, or its causal nature, or fount of its emanation... this is the work and aim of human knowledge.
The Laws of Nature are just, but terrible. There is no weak mercy in them. Cause and consequence are inseparable and inevitable. The elements have no forbearance. The fire burns, the water drowns, the air consumes, the earth buries. And perhaps it would be well for our race if the punishment of crimes against the Laws of Man were as inevitable as the punishment of crimes against the Laws of Nature -were Man as unerring in his judgments as Nature.
Democracy must stand or fall on a platform of possible human perfectibility. If human nature cannot be improved by institutions, democracy is at best a more than usually safe form of political organization . . . . But if it is to work better as well as merely longer, it must have some leavening effect on human nature; and the sincere democrat is obliged to assume the power of the leaven. [Progressive]
A general charge of crony capitalism is easy to make. But dividing the 'bad' crony capitalists from the 'good' innovative entrepreneurs is much harder to do. And sorting them out without creating a new group of crony capitalists may be the hardest thing of all.
It was the old psychosomatic side-step. Everyone in my family dances it at every opportunity. You've given me a splitting headache! You've given me indigestion! You've given me crotch rot! You've given me auditory hallucinations! You've given me a heart attack! You've given me cancer!
There lurks, perhaps, in every human heart a desire of distinction, which inclines every man first to hope, and then to believe, that Nature has given him something peculiar to himself.
The kind of capitalism I hate most is crony capitalism, the friends who decide. These are things which should be killed in Russia.
We need to create an economy that works for everyone, not crony capitalism and unchecked corporate consolidation.
I think we [Americans] are going to look back and realize that the civil liberties that we've given up in the name of security, the authority that we've given Democratic and Republican presidents, all have contributed to a fraying of the fabric of our democratic republic.
Related Authors
Adam Smith Quotes
Scottish
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Craig Roberts Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist