World economy

"Drawing a comparison to football, it could be said that the Spanish economy has, during this legislature, into the Champions League of the world economy, however bad that may seem to some."

"Without even entering into the question of the world economy’s ultimate dictation within narrow limits of everybody’s productive activity, it’s apparent that the source of the greatest direct duress experienced by the ordinary adult is not the state but rather the business that employs him. Your foreman or supervisor gives you more or-else orders in a week than the police do in a decade."

"Does the functioning of the world economy tend to concentrate wealth and power, or does it tend to diffuse it?"

"History moves in contradictions. The skeleton of historic existence, the economic structure of society, also develops in contradictions. Forms eternally follow forms. Everything has only a passing being. The dynamic force of life creates the new over and over again — such is the law inherent in reality."

"Geographically, the global economy is now multi-polar, as new centres of production have emerged in parts of what had been, historically, the periphery of the world economy. The world is now more accurately described as a mosaic of unevenness in a continual state of flux."

"The world economy is not yet a community--not even an economic community...Yet the existence of the "global shopping center" is a fact that cannot be undone. The vision of an economy for all will not be forgotten again."

"Luckily for the world economy, however, Gordon Brown and his officials are making sense. And they may have shown us the way through this crisis."

"The world economy diffuses rather than concentrates wealth."

"Structuralism argues that a liberal capitalist world economy tends to preserve or actually increase inequalities between developed and less developed economies."

"To take what might seem an "objective", macro-economic approach to the origins of the world economy would be to treat the behavior of early European explorers, merchants, and conquerors as if they were simply rational responses to opportunities—as if this were just what anyone would have done in the same situation. This is what the use of equations so often does: make it seem perfectly natural to assume that, if the price of silver in China is twice what it is in Seville, and inhabitants of Seville are capable of getting their hands on large quantities of silver and transporting it to China, then clearly they will, even if doing so requires the destruction of entire civilizations. Or if there is a demand for sugar in England, and enslaving millions is the easiest way to acquire labor to produce it, then it is inevitable that some will enslave them."

"Plausible as the idea of the United States of Europe as a peace arrangement may seem to some at first glance, it has on closer examination not the least thing in common with the method of thought and the standpoint of social democracy . . . At the present stage of development of the world market and of world economy, the conception of Europe as an isolated economic unit is a sterile concoction of the brain. Europe no more forms a special unit within world economy than does Asia or America."

"Today, local economies are being destroyed by the "pluralistic," displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place."