The New Finance focused on the market's major systematic mistake. In failing to appreciate the strength of competitive forces in a market economy, it over estimates the length of the short run. In doing so, it overreacts to records of success and failure for individual companies, driving the prices of successful firms too high and their unsuccessful counterparts too low.
The American capitalists are richer and stronger than their counterparts in other lands. They are also younger and more ignorant, and therefore more inclined to seek a rough settlement of difficulties without diplomatic subtlety and finesse. All that does not change the fact that American capitalism operates according to the same laws as the others, is confronted with the same fundamental problems, and is headed toward the same catastrophe.james p. cannon
Only those afraid of the truth seek to silence debate, intimidate those with whom they disagree, or slander their ideological counterparts. Those who know they are right have no reason to stifle debate because they realize that all opposing arguments will ultimately be overcome by fact.glenn beck
Anarcho-capitalism, in my opinion, is a doctrinal system which, if ever implemented, would lead to forms of tyranny and oppression that have few counterparts in human history. ... I should add, however, that I find myself in substantial agreement with people who consider themselves anarcho-capitalists on a whole range of issues; and for some years, was able to write only in their journals. And I also admire their commitment to rationality which is rare though I do not think they see the consequences of the doctrines they espouse, or their profound moral failings.
The prince has consequently issued orders: "Attack them! I shall supply the army and media. You come up with the ideas." So, right-wing intellectuals spend their time insulting their left-wing counterparts, and because of the Zapatista movement's international impact, they are now busy rewriting our story to suit the demands of the prince.subcomandante marcos
As the romance of manned space exploration has waned, the drive today is to find our living, thinking counterparts in the universe. For all the excitement, however, the search betrays a profound melancholy – a lonely species in a merciless universe anxiously awaits an answering voice amid utter silence.charles krauthammer
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