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...a plenipotentiary for the war economy who secretly marshaled the entire economy for armament, but had no idea it had anything to do with war.
--
Robert H. Jackson

 

Fritz Sauckel

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What the main drift of the twentieth century has revealed is that the economy has become concentrated and incorporated in the great hierarchies, the military has become enlarged and decisive to the shape of the entire economic structure; and moreover the economic and the military have become structurally and deeply interrelated, as the economy has become a seemingly permanent war economy; and military men and policies have increasingly penetrated the corporate economy.

 

C. Wright Mills

 

There is today hardly any country in the world outside the communist bloc which does not have a mixed economy. In fact, even countries which call themselves socialist would object to theirs not being described as a mixed economy, for it would imply that it was a totalitarian one, while countries like Germany or Japan, usually thought of as having typically free enterprise economies, would do the same; for, otherwise, it would imply that theirs was a nineteenth century laissez-faire economy. (Address on 'Why a Mixed Economy?' to the Associated Chambers of Commerce and Industry of India, New Delhi, April 4, 1975.)

 

J. R. D. Tata

 

...we are approaching a time when, in Moravec's words, 'almost all humans work to amuse other humans.' In rich countries, that time has already arrived. The old industries have been exported to the developing world. At home, new occupations have evolved, replacing those of the industrial era. Many of them satisfy needs that in the past were repressed or disguised. A thriving economy of psychotherapists, designer religions and spiritual boutiques has sprung up. Beyond that, there is an enormous grey economy of illegal industries supplying drugs and sex. The function of this new economy, legal and illegal, is to entertain and distract a population which - though it is busier than ever before - secretly suspects that it is useless. Industrialisation created the working class. Now it has made the working class obsolete. Unless it is cut short by ecological collapse, it will eventually do the same to nearly everyone.

 

John N. Gray

 

Economists of the modern school will no doubt protest that I have said nothing of the use of budget deficits or surpluses for the control of the economy in general. I doubt if such techniques would ever be appropriate in Hong Kong's exposed economic position; and I think they are certainly not appropriate at present, when in strict orthodoxy they would suggest the need to plan for a very substantial surplus "to take the heat out of the economy". Although we have in fact run substantial surpluses in recent years we have not done so with deflationary effect because we have not removed them from the economy but have left them inside the Colony's banking system to continue to work for the economy. $500 million or 55% of reserves are so held at present.

 

John James Cowperthwaite

 

We have won on the Arlov, Kursk, Belgorod, and Kharkov grounds. We won because the country was being defended not only by the army but by the entire Soviet people. The Socialist economy, Soviet political structure, and Marxist-Leninist ideology proved their unarguable excellence against the Fascist economy, Fascist political structure, and Fascist ideology of Germany.

 

Hovhannes Bagramyan