#market economy

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

#buyers #comprised #costs #degree #economy

In the 19th century, a lot of people were against outlawing child labour, because to do so would be against the very foundations of a free market economy: 'These children want to work, these people want to employ them... what is your problem? It's not as if anyone has kidnapped them...' ↗

— Brian Eno

#against #anyone #because #century #child

Since achieving their independence in 1992, the people of Croatia have built a democratic society based on the rule of law, respect for human rights, and a free market economy. ↗

— Elton Gallegly

#based #built #croatia #democratic #democratic society

There is no pure free-market economy. ↗

— Jeane Kirkpatrick

#free-market #market economy #pure

We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally. ↗

— Sigmar Gabriel

#capitalism #convinced #decades #democrats #economy

I think Russians today have a distorted picture of capitalism, liberal democracy and market economy. ↗

— Garry Kasparov

#democracy #distorted #economy #i #i think

So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries. ↗

— Kim Dae Jung

#asian #asian countries #countries #democracy #economy

It has been true in Western societies and it seems to be true elsewhere that you do not find democratic systems apart from capitalism, or apart from a market economy, if you prefer that term. ↗

— Peter L. Berger

#be true #been #capitalism #democratic #economy

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. ↗

— Peter L. Berger

#democracy #economy #market #market economy #me

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. ↗

— Peter L. Berger

#democracy #economy #empirical #grounds #i