Sigmar Gabriel Quotes
What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.
Gabriel, Sigmar. Interview. Frankfurter Allgemeine Zeitung, 25 Sept. 2008.
By producing growth and an increasing standard of living and universal education, capitalism’s citizens have the time, education, and resources to protest and produce social unrest. However, that assumes that there is also a democratic state. For Schumpeter and many others, capitalism and democracy go hand in hand, but many point to historical examples of one developing faster than the other.
From his WSJ opinion letter commenting on the WSJ article “In Defense of Scrooge, Whose Thrift Blessed the World”.
Many of the far left grew disillusioned with the British Labor Movement and how it was relating to the capitalist companies, the government, and the workers. The Unions had become very undemocratic and controlling with the government pressuring both labor and companies to the degree that many felt that the institutions themselves were no longer free institutions. Ironically, they preferred the open competition of the American system at the time where unions and companies were free to fight out their differences.
Sigmar Hartmut Gabriel is a German politician who was Minister for Foreign Affairs from 2017 to 2018 and Vice-Chancellor of Germany from 2013 to 2018. He was Leader of the Social Democratic Party of Germany (SPD) from 2009 to 2017, which made him the party's longest-serving leader since Willy Brandt. He was the Federal Minister of the Environment from 2005 to 2009 and the Federal Minister for Economic Affairs and Energy from 2013 to 2017. From 1999 to 2003 Gabriel was Minister-President of Lower Saxony.
