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

Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.


Jim Stanford
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Other quotes of Jim Stanford


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.

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.



Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.



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").

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").



Economics is a social science, not a physical science.

Economics is a social science, not a physical science.



We know that investment causes growth. But it is also true that growth causes investment.

We know that investment causes growth. But it is also true that growth causes investment.



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.

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.



The problem is not scarcity; the problem is power.

The problem is not scarcity; the problem is power.



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.

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.



Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.



Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.

Proving that profit is economically and morally justifiable, rather than the result of exploitation, has been a central preoccupation of neoclassical economists.





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No, I would not want to live in a world without dragons, as I would not want to live in a world without magic, for that is a world without mystery, and that is a world without faith.

No, I would not want to live in a world without dragons, as I would not want to live in a world without magic, for that is a world without mystery, and that is a world without faith.



I realized I loved him after everything went wrong so I wallowed in self-pity and prayed I could wake up.

I realized I loved him after everything went wrong so I wallowed in self-pity and prayed I could wake up.



There were a couple of things I needed to do while I was in New York. One was to have a pizza pie, one was to get a tattoo... and the other was to get a Yankees hat.

There were a couple of things I needed to do while I was in New York. One was to have a pizza pie, one was to get a tattoo... and the other was to get a Yankees hat.



Never take ecstasy, beer, baccardi, weed, pepto bismol, vivarin, tums, tagamet hb, xanax, and valium in the same day. It makes it difficult to sleep at night.

Never take ecstasy, beer, baccardi, weed, pepto bismol, vivarin, tums, tagamet hb, xanax, and valium in the same day. It makes it difficult to sleep at night.



It's always hard when you've known a person a long time and then you have to recognise that you have nothing left in common but your memories.

It's always hard when you've known a person a long time and then you have to recognise that you have nothing left in common but your memories.



France does not practice revenge.

France does not practice revenge.



It was a place of sin, loose women, whiskey and gambling. It was no place for a good Presbyterian, and I did not long remain one.

It was a place of sin, loose women, whiskey and gambling. It was no place for a good Presbyterian, and I did not long remain one.



It's all a compost heap. You just put down a layer of humus that helps other stuff grow. Your work will all be forgotten, but it will help stuff grow.

It's all a compost heap. You just put down a layer of humus that helps other stuff grow. Your work will all be forgotten, but it will help stuff grow.



The more abstract is form, the more clear and direct its appeal.

The more abstract is form, the more clear and direct its appeal.



The novel leads you places that you never could have gotten to otherwise.

The novel leads you places that you never could have gotten to otherwise.




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This page presents the quote "Economic systems come, and economic systems go. No economic system lasts forever. Capitalism is not likely to last forever, either.". Author of this quote is Jim Stanford. This quote is about forever, economic, capitalism, economic systems, lasts,.