Quotes by Jim Stanford

Jim Stanford

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.

Capitalist Economy

Gdp

Important

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.

Hours

Two

Years

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

Capitalism

Competition

Ruthless

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

Economic

Forever

Lasts

Economics is a social science, not a physical science.

Economics

Social

Social Science

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.

Discipline

Employers

Fire

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

Economy

Function

Interest

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.

Caring

Children

Impact

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.

Cutting

Giving

People

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.

Communism

Details

Modern

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Capitalism

Capitalist Economy

Car

Caring

Causes

Challenges

Children

Circles

Communism

Competition

Corporations

Cutting

Details

Dirty

Discipline

Economic

Economics

Economy

Employers

Essentials

Fall

Finding Yourself

Fire

Forever

Foundation

Function

Gdp

Giving

Growth

Hours

Impact

Important

Income

Interest

Investment

Jobs

Lasts

Might

Mind

Modern

Neoliberalism

Order

People

Play

Political

Poverty

Preoccupation

Problem

Profit

Results

The Future Blueprint

Tool

The Home Therapist: Anti Anxiety

Tool

The Autobiography

Tool

The Behaviour Diary

Tool

The Dating Diary

Tool

The Relationship Therapist

Tool

Quotes by Jim Stanford

Jim Stanford

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.

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.

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

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

Economics is a social science, not a physical science.

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.

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

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.

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.

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.

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Topics by Jim Stanford

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The Future Blueprint

The Home Therapist: Anti Anxiety

The Autobiography

The Behaviour Diary

The Dating Diary

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