David Korten | "The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price."

"The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price."

David Korten, American Activist

Economy, First

14

Create Your Own Wallpaper

Standard

Customized

"The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price."

"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

Author Name

Personal Development

"My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created."

Author Name

Personal Development

"Another point of economy is to look for seed of the same kind as you sow, and not to hope to buy one kind with an other kind. Friendship buys friendship; justice, justice; military merit, military success...Yet there is commonly a confusion of expectations on these points. Hotspur lives for the moment, praises himself for it, and despises Furlong, that he does not. Hotspur of course is poor, and Furlong is a good provider. The odd circumstance is that Hotspur thinks it a superiority in himself, this improvidence, which ought to be rewarded with Furlong's lands."

Author Name

Personal Development

"Money is representative, and follows the nature and fortunes of the owner...The farmer is covetous of his dollar, and with reason. It is no waif to him. He knows how many strokes of labor it represents. His bones ache with the days' work that earned it. He knows how much land it represents - how much rain, frost and sunshine. He knows that, in the dollar, he gives you so much discretion and patience, so much hoeing and threshing. Try to lift his dollar; you must lift all that weight. In the city, where money follows the skit of a pen or a lucky rise in exchange, it comes to be looked on as light."

Author Name

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."

Author Name

Personal Development

"Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated."

Author Name

Personal Development

"In capitalist nation, all is decided by money."

Author Name

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."

Author Name

Personal Development

"India's economic success is the hard-won result of prudence, sound policy and effective management."

Author Name

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."

Author Name

Personal Development

"If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty."

Debt

"More humane societies are usually smaller, like the Scandinavian countries and Holland, where it is much easier to reach consensus and cooperation."

Society

"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."

Economy

"It is interesting to note that the 200 richest people have more assets than the 2 billion poorest."

People

"Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing."

Money

"Money is a mechanism for control."

Money

"There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations."

Power

"In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of "the Haves" over the human rights of "the Have Nots" is inevitably called into serious question."

Rights

"Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy."

Capitalism

"Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way."

Power