A Quote by Chrystia Freeland
Western investment is usually assumed to walk hand-in-hand with the democratic values of its home countries, and indeed, opening an economy to outside money is one of the textbook steps in a shift from authoritarianism to an open society.
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On the one hand the world is getting more integrated and we should not dismiss social values as "Western" when they are actually modern values. On the other hand, individual countries have their own history and their own evolution. Trade unions, for example, don't play the same role in China as they do in Europe or the US.
I believe that without looking at each other as rivals or as competitors, in a democratic India, operating in the framework of an open economy, an open society has, I think, some significance for developing countries, not only in Asia but outside Asia.
Portfolio investment, often called 'hot money' because of its volatile nature, can increase the economy's vulnerability to the vagaries of international finance. Foreign direct investment, on the other hand, is far more stable and driven by domestic fundamentals.
Corporations are legal fictions created by the State to shield executives from liability… It’s like if I had a little hand-puppet, and I went to rob a bank, and the hand-puppet held the little gun and told people to hand over all the money, and then the hand-puppet grabbed the money and ran out, and then I got caught and I handed the hand-puppet over the police and then the police tried the hand-puppet, put the hand-puppet in jail, and I get to keep all the money.
If you want to bring the people of this world together, you have to be willing to engage with countries that do not share our [western] democratic values.
More and more we're negating the validity of first-hand experience of people from other countries and other cultures... whether it's on TV, the Internet, mobile phones or whatever - the world system we live in so values second-hand information.
Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
You can't turn back technology and you can't turn back authoritarianism. You can't have one hand in the dirt and one hand in the crystal clear water and say that you're clean. That's just the way it is.
The most wonderful thing, Mary, is that you and I are always walking together, hand in hand, in a strangely beautiful world, unknown to other people. We both stretch one hand to receive from Life - and Life is generous indeed.
We need to look at the whole society and think, "Are we actually thinking about what we're doing as we go forward, and are we preserving the really important values that we have in society? Are we keeping it democratic, and open, and so on?"
My left hand is my thinking hand. The right is only a motor hand. This holds the hammer. The left hand, the thinking hand, must be relaxed, sensitive. The rhythms of thought pass through the fingers and grip of this hand into the stone.
Thus hand in hand through life we 'll go; Its checker'd paths of joy and woe With cautious steps we 'll tread.
When I was young I once found a book in a Dutch translation, 'The leaves of Grass'. It was the first time a book touched me by its feeling of freedom and open spaces, the way the poet spoke of the ocean by describing a drop of water in his hand. Walt Whitman was offering the world an open hand (now we call it democracy) and my 'Monument for Walt Whitman' became this open hand with mirrors, so you can see inside yourself.
A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.
Our federal government, which was intended to operate as a very limited constitutional republic, has instead become a virtually socialist leviathan that redistributes trillions of dollars. We can hardly be surprised when countless special interests fight for the money. The only true solution to the campaign money problem is a return to a proper constitutional government that does not control the economy. Big government and big campaign money go hand-in-hand.
Works which endure come from the soul of the people. The mighty in their pride walk alone to destruction. The humble walk hand in hand with providence to immortality. Their works survive.
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