Economic Transformation Quotes

Bolshevism turns flourishing countryside into sinister wastes of ruins; National Socialism transforms a Reich of destruction and misery into a healthy state with a flourishing economic life.

The bourgeoisie cannot exist without constantly revolutionizing the instruments of production, and thereby the relations of production, and with them the whole relations of society.

Comrade Stalin showed us how to build socialism in a backward country: it's painful to begin with, but afterwards everything turns out just fine.

I tell you, my fellow Americans, that if we learned anything from the collapse of the Berlin Wall and the fall of the governments in Eastern Europe, even a totally controlled society cannot resist the winds of change that economics and technology and information flow have imposed in this world of ours. That is not an option. Our only realistic option is to embrace these changes and create the jobs of tomorrow.

The capitalist world could not help giving birth to the socialist, but now the socialist world should not seek to destroy by force the ground from which it grew. Under the present conditions this would be tantamount to the suicide of mankind. Socialism should ennoble that ground by its example and other indirect forms of pressure and then merge with it.

This country is facing an economy that has been radically transformed.And these changes have been disruptive. They have changed people's lives. The jobs that once sustained our middle class, they either don't pay enough or they are gone, and we need someone that understands that as our nominee.

Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.

You’re going to have some very amazing capabilities in the economy. When we have computers that can do more and more jobs, it’s going to change how we think about work. There’s no way around that. You can’t wish it away.

We grew up in a very material-lacking socialist society, but today China is a capitalist society. It's very materialistic. It's full of desire and luxury goods.

Our power creates collective production in the service of the people and the revolution, destroys exploiting production, transforms individualistic producers into producers integrated into the collectivity.

One class did not overthrow another; the poor did not supplant the rich. But social relationships—the way people were connected one to another—were changed and decisively so.

In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

Every great invention takes a livelihood away from 50,000 men--& within ten years creates a livelihood for half a million.

The Industrial Revolution and its consequences have been a disaster for the human race.

There's major changes happening with technology and economics. But unfortunately, the initial reaction on any new frontier, it gets bloody, and people are overreacting, and very defensive, and they're not taking risks. In fact, they're taking such safe measures that they're shooting themselves in the foot.

Socialist revolution aims at liberating the productive forces. The changeover from individual to socialist, collective ownership in agriculture and handicrafts and from capitalist to socialist ownership in private industry and commerce is bound to bring about a tremendous liberation of the productive forces. Thus, the social conditions are being created for a tremendous expansion of industrial and agricultural production.

Oil painting did to appearances what capital did to social relations. It reduced everything to the equality of objects. Everything became exchangeable because everything became a commodity.

Folks, don't lose perspective. Michelle Obama husband has been in office 7-1/2 years. This country is in the middle of a massive transformation. She's not gonna go out there and undercut her husband. She probably thinks that the things her husband has done that are transforming this country, that 94 million Americans aren't working... I mean, if you knew what to listen for, you could hear the push-button signs that she's still angry, still carries around a lot of resentment.

A major one which no one can overlook is technological and based on inventions and discoveries which have altered the whole basis of production and deeply affected social relations.

Our choice of a reform framework dictated that we looked at the fundamental assumptions that had driven Nigeria's economy, society and policy hitherto and to seek ways of either abandoning or transcending those assumptions and their supporting institutions.

The Industrial Revolution did not spell the end of agriculture, or even the end of food production, in the United States. It just meant that a much smaller percentage of Americans had to work on farms to feed the population.

Our modern lifestyle is not a political creation. Before 1700, everybody was poor as hell. Life was short and brutish. It wasn't because we didn't have good politicians; we had some really good politicians. But then we started inventing - electricity, steam engines, microprocessors, understanding genetics and medicine and things like that. Yes, stability and education are important - I'm not taking anything away from that - but innovation is the real driver of progress.

The economy of tomorrow is unlikely to look much like that of yesterday.

Those who are seeking miraculous remedies for the depression are mistaken. Either the present depression is a periodic depression with the economic system, in which case it will be overcome, or it represents a transition from one stage of civilization to another.

I hate to make predictions, but I think the economy is going to be permanently changed for the worse. I think our foreign policy is going to lead to changes that will be definitely for the worse, particularly if we drift into a nuclear Iran, which I gather that's what the administration is doing.