Top 18 Jim Stanford Quotes

#1. The problem is not scarcity; the problem is power.

Jim Stanford

Jim Stanford Quotes #45218
#2. The only factor that poses a genuine challenge to the current order is the willingness of human beings to reject the injustice and irrationality of this economy, and stand up for something better. Capitalism will not fall-rather, it must be pushed.

Jim Stanford

Jim Stanford Quotes #133757
#3. Proving that profit is economically and morally justifiable, rather then the result of exploitation, has been a central preoccupation of neoclassical economists.

Jim Stanford

Jim Stanford Quotes #203724
#4. Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Jim Stanford

Jim Stanford Quotes #213853
#5. Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household ... In developed capitalist economies, private consumption spending accounts for half or more of GDP.

Jim Stanford

Jim Stanford Quotes #229600
#6. Economics is a social science, not a physical science.

Jim Stanford

Jim Stanford Quotes #306971
#7. We know that investment causes growth. But it is also true that growth causes investment.

Jim Stanford

Jim Stanford Quotes #476731
#8. Growth can also involve producing services instead of goods. In particular, a major expansion of public and caring services (like child care, education, elder care, and other life-affirming programs) would generate huge increases in GDP and incomes, with virtually no impact on the environment.

Jim Stanford

Jim Stanford Quotes #538941
#9. Capitalism, in contrast, has existed for fewer than 300 years. If the entire history of Homo sapiens was a 24-hour day, then capitalism has existed for two minutes.

Jim Stanford

Jim Stanford Quotes #778843
#10. If you want poor people to work you restore their incentive by giving them less, such as by cutting social services. If you want rich people to work you restore their incentive by giving them more, such as by cutting taxes.

Jim Stanford

Jim Stanford Quotes #795173
#11. One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.

Jim Stanford

Jim Stanford Quotes #807307
#12. Indeed, if communist central planners could have organized the economy with as much detail, precision, and flexibility as a modern-day Toyota or Wal-Mart, communism would probably still exist.

Jim Stanford

Jim Stanford Quotes #1062722
#13. Employers crave the power to fire workers whose performance is judged inferior-not just to get rid of those particular workers, but more importantly to motivate and discipline the rest of the workforce.

Jim Stanford

Jim Stanford Quotes #1117758
#14. Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").

Jim Stanford

Jim Stanford Quotes #1427449
#15. Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.

Jim Stanford

Jim Stanford Quotes #1527045
#16. Like a forensic accountant trying to solve a corporate fraud, following the trail of money around the circle is a good way to understand what actually happens as capitalism unfolds.

Jim Stanford

Jim Stanford Quotes #1529420
#17. Never trust an economist with your job. Learn about economics yourself. And make up your own mind about what might protect your job - and what might destroy it.

Jim Stanford

Jim Stanford Quotes #1607270
#18. Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Jim Stanford

Jim Stanford Quotes #1613097

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