Janos Kornai Quotes
There has been no country with a democratic political sphere, past or present, whose economy has not been dominated by private ownership and market coordination.
Topics
Capitalism
Competition
Democracy, Democracies
Economy
Market Economy
Private Property
Competitions
Economic Freedom, Economic Liberty
Laissez-faire
Private Ownership
Profit Motive
Supply and Demand
Private Enterprise
Economic System
Entrepreneurship
No Country
Free Market
Democracies & Republics
Democratic Politics
Economic Structure
Wealth Inequality
Democratic Economy
Capitalist Democracy
Citations
Janos Kornai, Economist, Quoted in Martin Wolf, “The Morality of the Market,” Foreign Policy, September / October 2003
Sourced by: Eigen's Political and Historical Quotations
Related Quotes
János Kornai is a Hungarian economist noted for his analysis and criticism of the command economies of Eastern European communist states. He also covered macroeconomic aspects in countries undergoing post-Soviet transition. He is emeritus professor at both Harvard University and Corvinus University of Budapest.