Bobby Jindal Quotes
For all its faults, capitalism allocates resources more efficiently than other systems. Free markets maximize growth, offering producers the closest approximation of a merit-based system matching talent and effort with tangible rewards. Any alternative involves bureaucratic, top-down approaches infused with political corruption and rent-seeking. For consumers, markets generate more total goods than centrally controlled systems do. This bottom-up approach responds to consumers’ preferences, rather than subjecting them to the whims of an elite ruling class.
Zhou , Deng and other Chinese senior leaders carefully studied failures of 200th Century Communist nation economies from Russia to North Korea, and observed the successes of not only the United States and Western Europe, but South= Korea and Thailand å well and decided to transform to a capitalist style market and competitive economy. Zhou organized a cruse on which they invited Western economists and political economists to advise on how to make the transformation. Th Chinese took many of the Western ideas, placed them into a Chinese context, added some ideas of their own and proceeded ahead with the largest and most seectaculkar economic transformation and development in World history.
Piyush "Bobby" Jindal is an American politician who served as the 55th Governor of Louisiana from 2008 to 2016. Jindal previously served as a member of the U.S. House of Representatives and Chairman of the Republican Governors Association.