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E-Business will become the virtual market place in 20 years.
--
April 1, 2001, First Arab Conference on Arabizing the Internet, Amman, Jordan

 

Talal Abu-Ghazaleh

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In a world that daily disconnects further from truth, more and more people accept the virtual in place of the real, and all things virtual are also malleable.

 

Dean R. Koontz

 

There is no business like show business, Irving Berlin once proclaimed, and thirty years ago he may have been right, but not anymore. Nowadays almost every business is like show business, including politics, which has become more like show business than show business is.

 

Russell Baker

 

The great error of the last 50 years is that conservatives think that they should unthinkingly endorse laissez -faire economics, but as presently conceived the free market destroys most of the things conservatives value; it destroys traditions, family life, societies, cultures, and established ways of doing things. The market place, as understood by contemporary neo-liberalism, is something no genuine conservative should support or endorse.

 

Phillip Blond

 

Remember, every business firm, like even a mom and pop grocery store, is a market imperfection. A firm is defined in economic theory as a market imperfection introduced to deal with transaction costs. And the sort of theory is that the imperfections, the firms, are kinda like little islands in a free market sea. But the problem with that is that the sea doesn't remotely resemble a free market, and the islands are bigger than the sea; so that raises some questions about the picture. But these market imperfections, like a firm, or a transnational corporation, or a strategic alliance among them, this is a form of administering interchanges. And there's a real question about whether we want to accept that. Why, for example, should the international socioeconomic system, or for that matter our own society, be in the hands of unaccountable private tyrannies? That's a decision, it's not a law of nature.

 

Noam Chomsky

 

I should say that when people talk about capitalism it's a bit of a joke. There's no such thing. No country, no business class, has ever been willing to subject itself to the free market, free market discipline. Free markets are for others. Like, the Third World is the Third World because they had free markets rammed down their throat. Meanwhile, the enlightened states, England, the United States, others, resorted to massive state intervention to protect private power, and still do. That's right up to the present. I mean, the Reagan administration for example was the most protectionist in post-war American history. Virtually the entire dynamic economy in the United States is based crucially on state initiative and intervention: computers, the internet, telecommunication, automation, pharmaceutical, you just name it. Run through it, and you find massive ripoffs of the public, meaning, a system in which under one guise or another the public pays the costs and takes the risks, and profit is privatized. That's very remote from a free market. Free market is like what India had to suffer for a couple hundred years, and most of the rest of the Third World.

 

Noam Chomsky