We live, and move, and have our being in a consumer cosmos. The global economy and interconnection of markets and resources means every time we eat a meal, listen to music, put on clothing, or read a book, we are being consumers.
Skye Jethani
We live in a global economy, but the political organization of our global society is woefully inadequate. We are bereft of the capacity to preserve peace and to counteract the excesses of the financial markets. Without these controls, the global economy, is liable to break down
George Soros
The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the people’s mandatories. If they do not obey, if they fail to produce, at the lowest possible cost, what the consumers are asking for, they lose their office. Their task is service to the consumer. Profit and loss are the instruments by means of which the consumers keep a tight rein on all business activities.
Ludwig von Mises
I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs. Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs.
George Soros
It is time to recognize that financial markets are inherently unstable. Imposing market discipline means imposing instability, and how much instability can society take? ... To put it bluntly, the choice confronting us is whether we will regulate global financial markets internationally or leave it to each individual state to protect its interests as best it can. The latter course will surely lead to the breakdown of the gigantic circulatory system, which goes under the name of global capitalism.
George Soros
—What did you do today?
—Went to the grocery store and Xeroxed a box of English muffins, two pounds of ground veal and an apple. In flagrant violation of the Copyright Act.
—You had your nap, I remember that—
—I had my nap.
—Lunch, I remember that, there was lunch, slept with Susie after lunch, then your nap, woke up, right?, went Xeroxing, right?, read a book not a whole book but part of a book—
—Talked to Happy on the telephone saw the seven o’clock news did not wash dishes want to clean up some of this mess?
—If one does nothing but listen to the new music, everything else drifts, frays. Did Odysseus feel this way when he and Diomedes decided to steal Athene’s statue from the Trojans, so that they would become dejected and lose the war? I don’t think so, but who is to know what effect the new music of that remote time had on its hearers?
—Or how it compares to the new music of this time?
—One can only conjecture.Donald Barthelme
Jethani, Skye
Jevons, William Stanley
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