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"When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear."
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"India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world. India presents a large and growing market. But India is much more than a market. India is a reliable partner; a source of high quality scientific, engineering and managerial talent."
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Personal Development
"India is one of the world economy's brightest spots. We have low inflation, a low balance of payments current account deficit, and a high rate of growth. This is the result of good policy, not good fortune."
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Personal Development
"Usually it is one or two things that are talked about, but today growth has being talked about in all sectors. Electricity production has gone up and so has demand. Infrastructure work is also growing rapidly and that happens when there is demand in the economy. From all this it looks like we have moved ahead to better days."
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Personal Development
"Our "Make in India" initiative is not intended for only manufacturing for the domestic market or import substitution. It is as much about making world-class products and services for the whole globe."
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Personal Development
"Why do people look to the government to fix the economy? It's mind-boggling."
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Personal Development
"Capitalism without Bankruptcy is like Catholicism without Hell."
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Personal Development
"If the farmer is rich, then so is the nation."
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Personal Development
"They only let us live in millions for the sake of the economy. I don't know what will happen by the time they figure out how to run the economy without the people."
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Personal Development
"The economy of a novelist is a little like that of a careful housewife who is unwilling to throw away anything that might perhaps serve its turn."
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Personal Development
"Employment is the biggest form of slavery."
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"But we don't have an example of a democratic society existing in a socialist economy - which is the only real alternative to capitalism in the modern world."
Society
"Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy."
Democracy
"The basic fault lines today are not between people with different beliefs but between people who hold these beliefs with an element of uncertainty and people who hold these beliefs with a pretense of certitude."
People
"Even if one is interested only in one's own society, which is one's prerogative, one can understand that society much better by comparing it with others."
Society
"We also have a cultural phenomenon: the emergence of a global culture, or of cultural globalization."
Cultural
"The problem with liberal Protestantism in America is not that it has not been orthodox enough, but that it has lost a lot of religious substance."
Religion
"Some people think that as the Chinese economy becomes more and more capitalistic it will inevitably become more democratic."
People
"If you say simply that pressures toward democracy are created by the market, I would say yes."
Democracy
"Our institute's agenda is relatively simple. We study the relationship between social-economic change and culture. By culture we mean beliefs, values and lifestyles. We cover a broad range of issues, and we work very internationally."
Change
"So I think one can say on empirical grounds - not because of some philosophical principle - that you can't have democracy unless you have a market economy."
Democracy
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