Really, I love America, and I'm quite sure capitalism is
the best economic system going.
Here is a post he made back in 2007 which deserves a repost: It's hard to deny that capitalism is
the best economic system around.
Whether or not we agree with their answers, if we are to create
a better economic system and avoid a serious class division we need to confront and respond to this and similar analyses of our current problems.
If we want
a better economic system we have to look deeply at who we are and how we live.
A good economic system shows in the quality of lives of the people and does not end on the pages of newspapers,» He concluded.
«Our economy has still been strong because we have a very
good economic system that is able to overcome the deficiencies of our education system,» said Eric A. Hanushek, an economist at Stanford University.
Not exact matches
While models that attempt to forecast potential
economic impacts provide useful insights regarding potential risks when exploring policy choices, the Commission is of the view that it must also consider the potential upsides of greater choice, including the retention of subscribers in the
system, as
well as the risks associated with maintaining the status quo in a context of increased demand for more choice.
«Divergence in external tariffs and internal rules as
well as absence of common institutions and a shared legal
system, necessitates checks and controls to uphold the integrity of the EU single market as
well as of the U.K. market... This, unfortunately, will have negative
economic consequences,» it said.
Adds Etrit, 28, who was COO of Detroit - based smart building technology company Hepta
Systems before leaving recently to co-found Kodelabs, a software development and real estate technology start - up, with Edi: «From an
economic standpoint, immigrants only make this country
better, because different minds think differently, and that's what makes this country amazing.
If we want to break past lackluster
economic growth rates and make meaningful change in lives and livelihoods, we need to move beyond incremental innovation (think slightly -
better iPhones) toward revolutionary innovation (think new energy
systems, next - generation electronics, and cures for Cancer and Alzheimer's).
The World
Economic Forum has named our banking
system the
best in the world four years running.
Like the rest of Europe, Italy has endemic problems: A north - south divide and
economic divergence, corruption and bureaucracy as
well as troubles with migration, anti-establishment politics and a political
system that is sluggish at
best, and chaotic at worst.
By now, perceived flaws in that
system have been
well - documented, and much of that documentation — understandably — has focused on
economic and financial issues.
A key principle of
good tax design is neutrality — the tax
system should not favour one form of organizing
economic activity over another.
It raises
economic inequality to such a level that it becomes increasingly incompatible with a
well - functioning
economic system.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and price effectively and develop and maintain
good relationships with physicians, hospitals and other health care providers; the impact of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits of such transactions, including with respect to the Merger; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; the outcome of litigation, regulatory audits, investigations, actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security of our information technology and other business
systems; unfavorable industry,
economic or political conditions, including foreign currency movements; acts of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required for the Merger or the requirement to accept conditions that could reduce the anticipated benefits of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration of the businesses of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion of management's attention from ongoing business operations and opportunities during the pendency of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability of financing, including relating to the proposed Merger; effects on the businesses as a result of uncertainty surrounding the proposed Merger; as
well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.cigna.com as
well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section of www.express-scripts.com.
The current Conservative government does not seem to understand
good economic policy, reducing the GST and littering the income tax
system with costly tax preferences.
To conclude, over the past decade and in a very volatile world, Australia has achieved the inflation target, avoided a major
economic downturn, seen remarkably little variability in real
economic activity in the face of enormous shocks, experienced a fairly low average rate of unemployment, and had a stable financial
system as
well.
The bank, in fact, said it believes the Europeans will manage their public debt mess without bringing down the
system, and that the Canadian
economic outlook has «marginally improved,» in part because the U.S. is doing a little
better.
This area covers policies and regulations, such as prudential or consumer regulations, as
well as technology and other competitive pressures affecting the financial services industry, financial markets and the financial
system as a whole, and their ability to effectively perform their core
economic functions.
«The
good news is that the recent changes in the U.S. tax
system have many of the key ingredients to fuel
economic expansion: a business tax rate that will make the U.S. competitive around the world; provisions to free U.S. companies to bring back profits earned overseas; and, importantly, tax relief for the middle class.»
Q: How has the financial
system evolved into the form of
economic servitude that you call «debt peonage,» negating democracy as
well as free - market capitalism as classically understood?
@Rob — One of the many reasons I think bankers are overpaid is because I think the
economic system is inevitably cyclical, and so they should not be given out - sized rewards for riding the
good times and then escape with the loot in the bad.
Central planning failed as a comprehensive
economic system; why should we expect central planning limited to particular fields of
economic activity to do
better?
Experts worry that the United States» actions could ignite a trade war, noting that Chinese
economic officials have a keen understanding of the American
system and are
good at designing targeted retaliatory measures against American agricultural products and other exports.
The PFRA pasture
system is internationally renowned as one of the
best examples of multi-purpose land management, providing both sustainable
economic benefit and environmental conservation.
After confronting the «knowledge problem» at the heart of discretionary monetary policy — that policymakers are unable to know the true structure of an increasingly complex and global
economic system — Dorn calls for the establishment of a Centennial Monetary Commission to evaluate the performance of the Fed over its 100 - plus years of discretionary monetary authority and to discuss how
best to reform the country's central bank.
But recent bank lobbying has been remarkably successful in distracting attention away from classical analyses of how to shape the financial and tax
system to
best promote
economic growth — by public checks on bank privileges.
Their main aim is to use Bitcoin as a currency as
well as an
economic system.
His contention was that capitalism is not just an
economic system but an order within which culture, politics, and economics form a triad of «political economy» that is one of the great achievements of humankind and is
best exemplified in the American republican experiment.
Edmund Phelps» article focuses on how
economic systems interact with the virtues of creativity and initiative, concluding that capitalism promotes these virtues much
better than communism.
Some think of it as no more than a libertarian
system, concerned with
economic liberty alone, exaggeratedly individualistic, indifferent or even antithetical to welfare programs for the poor, unconcerned with the public
good, focused solely on markets and private profit.
However, whereas progressive Christianity interprets this to mean that the church must remain aloof from involvement with political parties and
economic interests, the fourth church, at the urging of its forceful thinkers, supports the
best systems available.
Without exaggerating its influence, we can say that this ministry is one reason the U.S. has a mixed
economic system that acknowledges the value of equity as
well as efficiency, and a business establishment that acknowledges its responsibility to society as
well as to its shareholders.
Still, many people will say that while the U.S.
economic system may generate a lot of inequality, it also generates much higher incomes than any alternative, so that everyone is
better off.
To come and say that among several political or
economic systems this is a
good one is not to speak a Word of God; to come and announce that it is necessary to belong to a particular party or union is not to speak a Word of God.
society, where sin is viewed as little more than psychological maladjustment, or behavior arising out of corrupt
economic structures, or as a failure of the educational
system, baptism reminds us that, in spite of Gestalt and I'm OK, You're OK, what we do naturally is not the
best we could do, that our inborn selfishness and pride are life - and - death matters, that Christians are made, not born.
In short, it must be an
economic system better at raising up the poor of the world» and more quickly» than any known alternative.
One is political theology in Europe, chiefly Germany, which is
best characterized as the voice of the bourgeoisie questioning its own religious and cultural assumptions and its own
economic and political
systems.
The character of this suffering moves theological attention to the social
systems that shape our lives —
economic, political, cultural — as
well as to public events themselves (the Holocaust, programs and policies of
economic austerity, military intervention, terrorism, ethnic nationalist expression, struggles for survival and freedom).
What the Pope doesn't get is that the wealth created by the free enterprise far exceeds the output of any other
economic system and therefore more people thrive AND the free enterprise gives more people a chance to do
well.
That place is our human condition that is spelled out in Watergate; mangled bodies and land in Indochina; dry, dusty, suffering starvation in Africa; inconceivable poverty, oppression and torture in South America; humiliation and wretchedness in the slums here «at home»: and all this supported by
economic structures and a
system which we have supported and which destroys human beings and rapes the
good earth.
But it is by far the
best social -
economic system the mankind has developed.
When our
economic system is based on the incentive of material reward, and works
well because of this, it also brings a great spiritual danger.
The marvelous flexibility of our economy, our belief that «change» is a
good word, our constant striving for innovation were and are factors that make ours an
economic system that can compete with — and beat — any other.
There I took an active part in work for Christian Aid and in the beginnings of what has become the World Development Movement — for poverty requires structural change to our
economic and political
systems as
well as generous giving.
Thus «The Love That Moves the Sun,» an analysis of the
economic, political, and cultural
systems that
best serve society, begins with a consideration of how we participate in God's love through charity.
In them we find clearly articulated such themes as the importance of the communidades de base («grass - roots «Christian groups); Jesus as the liberator from hunger, misery, oppression and ignorance; the refusal to separate Christian sanctification from «temporal» tasks; challenges to capitalism (as
well as to Marxism); the theory of «dependency» on inhuman
economic systems; the need for liberation from neocolonialism; the need for «conscienticization»; the need for the church to support the downtrodden; the correlation of peace and justice; and the reality of «institutionalized violence.»
Christianity is not an
economic system, but it has a faith and ideal which puts upon any
system the demand that it honor rather than exploit human personality, that it operate as a technique to provide for the material
well - being of all the people and not for the exploitation of the weak by the strong.
Unless that technological, industrial establishment is radically controlled — thereby effecting a transformation of vast areas of our political,
economic and social life — the culture has a very
good chance of destroying itself through increasingly inadequate supplies, through endless conflicts for those ever scantier materials, and through the
systems of control and authority necessary to cope with each of these dangers.