The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.

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Food Left To Rot

market price
market fixed
market profit

not worth picking
costs more picking
than sold price paid

never fruit picked
never taste eaten
never starving fed

global waste sickening


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So I think one can say on empirical grounds - not because of some philosophical principle - that you can't have democracy unless you have a market economy.

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We have to restore power to the family, to the neighborhood, and the community with a non-market principle, a principle of equality, of charity, of let's-take-care-of-one-another. That's the creative challenge.

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I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water.

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Esther Dyson

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

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God, great principle of all minor principles, God, who is Himself without a principle, could not conceive Himself, if, in order to do it, He required to know His own principle.

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There is abundant proof that the opening of our ports always tends to raise the price of foreign corn to the price in the English market, and not to sink the price of British corn to the price in the continental market.

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Martin Buber

There are three principles in a man's being and life, the principle of thought, the principle of speech, and the principle of action. The origin of all conflict between me and my fellow-men is that I do not say what I mean and I don't do what I say.

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Pleasure Principle

THE PLEASURE PRINCIPLE
Janet Jackson
Album: Control
You might think I'm crazy but I'm serious
It's better you know now
What I thought was happiness
Was only part-time bliss
You can take a bow
It was all just one big night out on the town
Riding in your limousine
We turned right, then I said wrong
Which brings us to a stop
As the light is changing
Oh my meter's running so I got to go, now
CHORUS:
It's the pleasure principle, oh-oh oh-oh oh-oh
It's the principle of pleasure, oh-oh
It's the pleasure principle, oh-oh oh-oh oh-oh
It's true you want to build your life on guarantees
Hey take a ride in a big yellow taxi
I'm not here to feed your insecurities
I wanted you to love me
This has become an all too familiar scene
It's not the first time I've paid the fare
Where'd you get the idea of material possession?
Thank you for the ride nowhere
And oh my meter's running, so I really have to go
CHORUS
I know what you mean to me
Baby this is nowhere
You what became between you and me
Human differential
It's the principle of pleasure oh-oh oh oh oh
It's the pleasure principle, principle
oh ohhhh ohhhh oh
You might say that I'm no good
I wouldn't trust your looks, baby if I could
I got too many things I wanna do before I'm through
It's the pleasure principle, it's the pleasure principle
It's the pleasure principle
Baby you can hold me down, baby you can hold me down
After all the love that we've been through
After all you put me through
Love me, love me
It's the pleasure principle
Yeah yeah yeah yeah

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Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

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Among the reasons for this was the fact that the U.S.A. is one mass market. It is only when you have a mass market that large-scale manufacturing which involves very substantial expenditures can be justified.

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Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.

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Thomas Paine

It is never to be expected in a revolution that every man is to change his opinion at the same moment. There never yet was any truth or any principle so irresistibly obvious that all men believed it at once. Time and reason must cooperate with each other to the final establishment of any principle; and therefore those who may happen to be first convinced have not a right to persecute others, on whom conviction operates more slowly. The moral principle of revolutions is to instruct, not to destroy.

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I think we're in the beginning of a bull market. When a bull market begins, nine months later the economy turns around.

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Principles Of Trade

principle of trade
that which is in common supply
plentiful is worth less

principle of trade
that which is in gross over supply
extremely market over abundant
in excess maybe or is worthless

therefore sail to China
buy sell trade

fortunes there
to be risk made

find new
expansive markets

the common abundant
is worth less
the rare exceptional
infinitely more

yet great masters
of imagination in lands
of trade commerce
many remain poor

an artist of account
must tap vein supply
demand stamp coins
of silver screen desire


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Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

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The Pleasure Principle

You might think I'm crazy but I'm serious
it's better you know now
what I thought was happiness was only part-time bliss
you can take a bow
it was all just one big night out on the town
riding in your limousine
we turned right and I say wrong which brings us to a stop
as the light is changing

Oh my meters running so I got to go now

Its the pleasure principle oh oh ohhhhh
Its the principle of pleasure
Oh ohhh
its the pleasure principle oh oh -oh oh

Its true you want to build your life of guarantees
hey take a ride in a big yellow taxi
I'm not here to feed your insecurities
I wanted you to love me
this has become an all too familiar scene
its not the first time I paid the fare
where'd you get the idea of material possession?
thank you for the ride nowhere

And oh my meters running so I've really got to go
Its the pleasure principle oh ohhh

I know- what you mean to me
baby this is nowhere
you know- what became between you and me human differential
sa dat dit dit baby
It's the principle of pleasure
oh ohhh
its the pleasure principle oh ohhh

You might say that I'm no good
I wouldn't trust your looks baby if I could
I got so many things I wanna do

song performed by by Janet Jackson from ControlReport problemRelated quotes
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Oh Mr. Bernanke!

Oh Mr. Bernanke
Are we going to have that Rate-cut today?
Aha, you are the candy-man
Could wave your wand
Make the dying Market stand.

Ah, but it ain’t working anymore
The Market is a falling man
Oh Mr. Bernanke
You wave your wand
But it’s fallen over the stands!

Oh Mr. Bernanke
Swayed the Market just your own way!
But banks aren’t making money
The cuts to them are one too many
Candy-man, the Market won’t stand!

Got my only heifer and sacrificed
At the altar of Dow and Nasdaq, paid a high price
The Dow, oh it fell through the Year’s low
Now here I come, Candy-man
Look through your store
We need something more!

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Karl Popper

Philosophers should consider the fact that the greatest happiness principle can easily be made an excuse for a benevolent dictatorship. We should replace it by a more modest and more realistic principle - the principle that the fight against avoidable misery should be a recognized aim of public policy, while the increase of happiness should be left, in the main, to private initiative.

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Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market.

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