Abstraction Quote by Doug Henwood

The market steers the capitalistic economy. It directs each individual's activities into those channels in which he best serves the wants of his fellow-men.…

— Ludwig von Mises

We are involved in a historic restructuring of the world economy. Virtually every country that matters has been striving to pursue the same economic…

— Chris Alexander

The market is the creator of social wealth and the wellspring of self-sustaining economic development.

— Li Keqiang

World is a market in which some gain and some lose

— Anonymous

Markets are as old as the crossroads. But capitalism, as we know it, is only a few hundred years old, enabled by cooperative arrangements…

— Howard Rheingold

One reason for the primacy of the market in shaping the modern world is that it forces a reorganization of society in order to…

— Robert Gilpin

Bearing in mind that "the market" is not an invention of capitalism but that it has existed for thousands of years in many different…

— Alfred-Maurice de Zayas

The market economy-capitalism-is a social system of consumers' supremacy.

— Ludwig von Mises

“Neoclassical economics is precisely the theory one would expect a vastly complex system of international corporations, world markets, and interconnected currencies to create to…

— Roger M. Keesing

“This is a great trap of the twentieth century: on one side is the logic of the market, where we like to imagine we…

— David Graeber

Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift…

— John Kenneth Galbraith

There's a very good reason for why economics developed the way it did, and that is that in many situations, the assumption that people…

— Daniel Kahneman