I appreciate that in China, people are hungry to prosper in the global economy. What they need is a body of elected representatives who will widely debate and freely pass a strong national energy policy. Selling China an oil company will only take pressure off its rulers and further delay the arrival of democracy.
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.
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.
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.
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.
There are reasons to believe that the world economy is once again in the throes of a phase change. There are also reasons to believe that this phase change, like the preceding ones, will involve a paradigmatic shift in the organization of people around their work. If this is so, then our perceptions of what has happened in the past decade or more in the world of work may need to be modified; likewise our perceptions of where those changes are leading us
Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.
We have a booming global economy but we don't have a global society. Markets reduce everything, including human beings and nature, to commodities. Societies need more than this to prosper — such goals as political freedom and social justice.
Does the functioning of the world economy tend to concentrate wealth and power, or does it tend to diffuse it?
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.
We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.
And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.
[An] epochal innovation [consisting of the] spreading application of science to processes of production and social organization.
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.
In the new conditions created by the global economy, the information revolution and the growth of smart technologies, it is more necessary than ever for all companies to be guided by their rich spiritual inheritance, as spiritual enterprises.
The greatest thing to come out of this [the war in Iraq] for the world economy, if you could put it that way, would be $20 a barrel for oil. That's bigger than any tax cut in any country.
We know that the nation that goes all-in on innovation today will own the global economy tomorrow. This is an edge America cannot surrender.
The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.
We know that to compete for the jobs of the 21st century and thrive in a global economy, we need a growing, skilled and educated workforce, particularly in the areas of science, technology, engineering and math.
"Populists" believe in conspiracies and one of the most enduring is that a secret group of international bankers and capitalists, and their minions, control the world's economy.
It is virtually impossible to compete in today's global economy without a college degree.
We live in a global economy, but the political organization of our global society is woefully inadequate. We are bereft of the capacity to preserve peace and to counteract the excesses of the financial markets. Without these controls, the global economy, is liable to break down.
The development of a global economy has not been matched by the development of a global society. The basic unit for political and social life remains the nation-state. International law and international institutions, insofar as they exist, are not strong enough to prevent war or the large-scale abuse of human rights in individual countries. Ecological threats are not adequately dealt with. Global financial markets are largely beyond the control of national or international authorities.
A dynamic and open Indian economy would have an important impact on the world economy…China is already well integrated with the World economy.
At issue is not whether the global economy will pass away. It is passing away. Rising populations and debt combined with depletion of freshwater sources and fossil fuel make the status quo untenable. The only question is whether civil society will survive the transition.
Scientists and supercomputers have amplified our ability to look ahead. For decades, experts have warned us that human numbers, technology, hyper-consumption and a global economy are altering the chemical, geological, and biological properties of the biosphere.
Yet in this global economy, no jobs are safe. High-speed Internet connections and low-cost, skilled labor overseas are an explosive combination.
The main sources of tension in today's world economy could be grouped under the following categories:
The essential feature of a capitalist world-economy... is production for sale in a market in which the object is to realize the maximum profit is the essential feature of a capitalist world-economy. In such a system production is constantly expanded as long as further production is profitable, and men constantly innovate new ways of producing things that will expand the profit margin.
Indonesia is one of the least exposed economies in the region, with a vast domestic market and a relatively small share of exports to gross domestic product, so it is insulated from volatility in the global 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."