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"How can you measure progress if you don't know what it costs and who has paid for it? How can the "market" put a price on things - food, clothes, electricity, running water - when it doesn't take into account the REAL cost of production?"
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"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
Author Name
Personal Development
"Neither has the wealth of a country any bearing on the valuation of its money. Nothing is more erroneous than the widespread habit of regarding the monetary standard as something in the nature of the shares of the State or the community.Such observers fail to recognize that the valuation of the rnonetary unit does not depend upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one."
Author Name
Personal Development
"Miracle focus messages compels masses to think that the process of production is not necessary for prosperity."
Author Name
Personal Development
"The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices, that neither exportation nor importation can occur if there are no differences in prices to make trade profitable."
Author Name
Personal Development
"It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason."
Author Name
Personal Development
"The agents of etatism have certainly not been lacking in zeal and energy. But, for all this, economic affairs cannot be kept going by magistrates and policemen."
Author Name
Personal Development
"The State does not govern the market; in the market in which products are exchanged it may quite possibly be a powerful party, but nevertheless it is only one party of many, nothing more than that. All its attempts to transform the exchange-ratios between economic goods that are determined in the market can only be undertaken with the instruments of the market."
Author Name
Personal Development
"A variation in the objective exchange-value of money can arise only when a force is exerted in one direction that is not cancelled by a counteracting force in the opposite direction. If the causes that alter the ratio between the stock of money and the demand for it from the point of view of an individual consist merely in accidental and personal factors that concern that particular individual only, then, according to the law of large numbers, it is likely that the forces arising from this cause, and acting in both directions in the market, will counterbalance each other."
Author Name
Personal Development
"If wealth is a magnet, poverty is a kind of repellent."
Author Name
Personal Development
"The big print giveth and the fine print taketh away."
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Personal Development
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"The fact is that America's weapons systems have made it impossible for anybody to confront it militarily. So, all you have is your wits and your cunning, and your ability to fight in the way the Iraqis are fighting."
Ability
"You begin to realize that hypocrisy is not a terrible thing when you see what overt fascism is compared to sort of covert, you know, communal politics which the Congress has never been shy of indulging in."
Politics
"I think many people were surprised by the victory of the Congress, because it was really hard to see beyond the sort of haze of hatred that the Hindu nationalists had been spreading."
People
"Torture has been privatized now, so you have obviously the whole scandal in America about the abuse of prisoners and the fact that, army people might be made to pay a price, but who are the privatized torturers accountable too?"
People
"The English-language press in India supports the project of corporate globalization fully. It has no time for dispossession and drought and farmers' debts, the ravages that the corporate globalization project is wreaking on the poor of India. So to suddenly turn around and condemn the riots is a typical middle-class response. Let's support everything that leads to the conditions in which the massacre takes place, but when the killing starts, you recoil in middle-class horror, and say, "Oh, that's not very nice. Can't we be more civilized?"
Politics
"The moment I saw her, a part of me walked out of my body and wrapped itself around her. And there it still remains."
Love
"Cow, goat, chicken, lamb . . . only slaves eat like this,' Musa said, heaping an impolite amount on to his plate. 'Our stomachs are graveyards."
Survival
"Capitalism is destroying the planet. The two old tricks that dug it out of past crises--War and Shopping--simply will not work."
Capitalism
"In India we're fighting to retain a wilderness that we have. Whereas in the west, it's gone. Every person that's walking down the street is a walking bar code. You can tell where their clothes are from, how much they cost, which designer made which shoe, which shop you bought each item from. Everything is civilized and tagged and valued and numbered and put in it's place. Whereas in India, the wilderness still exists-the unindoctrinated wilderness of the mind, full of untold secrets and wild imaginings."
Civilization
"But what was there to say?Only that there were tears. Only that Quietness and Emptiness fitted together like stacked spoons. Only that there was a snuffling in the hollows at the base of a lovely throat. Only that a hard honey-colored shoulder had a semicircle of teethmarks on it. Only that they held each other close, long after it was over. Only that what they shared that night was not happiness, but hideous grief.Only that once again they broke the Love Laws. That lay down who should be loved. And how. And how much."
Tragedy
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