I think the market driven economic system is the most productive system, but to have that work in the world, you’ve got to also have social investments to go along with that.
Mike Lowry quote on Market driven economic system
As long as economy is essentially self-sufficient, or products are exchanged within a spatially narrow group, it needs no middleman: a trader is only required for products that originate outside the group.
George Simmel | Economy
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.
Peter L. Berger | Economy, Culture
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
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 | Relationship, Democracy, Economy
Economic growth may one day turn out to be a curse rather than a good, and under no conditions can it either lead into freedom or constitute a proof for its existence.
Hannah Arendt – Economy
My bottom line is this: Open-source is an important flattener because it makes available for free many tools, from software to encyclopedias, that millions of people around the world would have had to buy in order to use, and because opensource network associations – with their open borders and come-one-come-all approach
