Ha-Joon Chang Quotes

I do not like government-sponsored enterprises.

I do not believe in government ownership of anything which can with propriety be left in private hands, and in particular I should most strenuously object to government ownership of railroads. In my judgment public ownership of railroads is highly undesirable and would probably in this country entail far-reaching disaster.

Don’t look down over here Clement. Whenever you see something large, private and working well, you want to nationalize it.

We should not have the U.S. government buying stock in American industries - the financial industry or any other industry.

Big corporations are all to be nationalized.

The private sector, when left alone, can make better decisions than government can.

Regulation of private enterprise and not Government ownership or operation is the course rightly to be pursued in our relation to business.

Less Government in Business and More Business in Government

The free market is not a god; we have to do everything we can to make the market competitive.

I believe that eventually, one of the next big issues that will have to be addressed globally is the role of state-owned enterprises. Because there is a disadvantage that's built in.

Conservatives brayed that government should stay out of the private sector; liberals bleated for nationalizing the banks.

An orthodox belief in big government's inefficiency cannot coexist with an orthodox belief in private industry's inability to compete with big government.

Market fundamentalists recognize that the role of the state in the economy is always disruptive, inefficient, and generally has negative connotations. This leads them to believe that the market mechanism can take care of all the problems.

The government is determined to bring the program back on track, and proceed with the privatizations.

The invisible hand of the market always moves faster and better than the heavy hand of government.

No company fails in communist China, because they're all partly owned by the government.

If you want government to take everything, if you want government to take more and more over with the banks, more of the industries, all of a sudden you're going to have a government auto czar, right there, right down the line, that's socialism.

Either you believe in markets, or you believe in government.

Canada was built from its very beginnings on the belief that public leadership in the economy and on social issues would be as effective and cheap as anything done by the private sector.

The doctrine of state ownership of land … is the exact opposite of the regime of free trade. The doctrine of state ownership should not be allowed to prevail ...

It seems to me intolerable to allow private people to use public capital in order to make a guaranteed profit for themselves .... If private citizens won’t supply munitions of war at a reasonable profit and take pot luck with the rest of the citizens in the matter of taxation, then the government ought to build its own plants and conscript the necessary managers to run them.

The private sector can only be a supplement to the state and collective sectors, and it can never predominate.

No less than 50 percent of the means of production must be in the hands of the state.

The line between what government does and what a company does is getting blurred.

We want a market economy without any adjectives. Any compromises with that will only fuzzy up the problems we have.