Left to its own devices the market is capable of the most miraculous of inventions and the silliest of self-delusions. It is an extreme romantic. It also has a real purpose — the same one it has always had. That is to organize the supply and exchange of goods or to finance the production of goods — thus facilitating and financing the economy. But the market cannot achieve in a regular and lasting manner its own purpose because it is only an unconscious and abstract mechanism. The factor which must be added in order to create the restraint, balance, and consciousness necessary for long-term prosperity is human leadership. That leadership takes the form of effective regulation.
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"Marketplace"John Ralston Saul
» John Ralston Saul - all quotes »
The blessing that the market does not ask about birth is paid for in the exchange society by the fact that the possibilities conferred by birth are molded to fit the production of goods that can be bought on the market.
Theodor Adorno
The blessing that the market does not ask about birth is paid for in the exchange society by the fact that the possibilities conferred by birth are molded to fit the production of goods that can be bought on the market.
Max Horkheimer
More and more of the flow was diverted from production into the political mechanism. Whatever elements in motion compose a stream of energy, enough must go through to complete the circuit and renew production. Water running in an aqueduct to turn a millwheel is a stream of energy; or electricity going through insulated wires; or goods in process from raw materials to finished product and conveyed by a system of transport. If the water channel is pierced with many small openings en route; or electricity taken off by more and more outlets; or the goods expropiated piecemeal at each stage of the process, finally not enough will go through for maintenance of the system. In the energy system comprised in an exchange of goods, the producers and processors have to get back enough to enable them to keep on producing and working up the raw materials and to provide transport...
Isabel Paterson
The cumulative development of a medium of exchange on the free market — is the only way money can become established. ... government is powerless to create money for the economy; it can only be developed by the processes of the free market.
Murray Rothbard
Conservatives insist that government should be " run more like a business." One might wonder how that could be possible, since government does not market goods and services for the purpose of capital accumulation.
Michael Parenti
Saul, John Ralston
Saura, Antonio
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