The typical entrepreneur is no longer the bold and tireless man of Marshall, or the sly and rapacious Moneybags of Marx, but a mass of inert shareholders, indistinguishable from rentiers, who employ salaried managers to run their concerns.
The destruction of the natural world is not the result of global capitalism, industrialisation, 'Western civilisation' or any flaw in human institutions. It is a consequence of the evolutionary success of an exceptionally rapacious primate. Throughout all of history and prehistory, human advance has coincided with ecological devastation.john n. gray
The American agenda is sweeping everything before it, and although it's not perfect, the EU is better on environmental issues. It's a less rapacious form of capitalism.Ken Livingstone
"…in July 1991… with the announcement of sweeping liberalization by the minority government of P.V. Narasimha Rao… opened the economy… dismantled import controls, lowered customs duties, and devalued the currency… virtually abolished licensing controls on private investment, dropped tax rates, and broke public sector monopolies…. [W]e felt as though our second independence had arrived: we were going to be free from a rapacious and domineering state…"
Create and save customized flash cards. Sign up today and start improving your vocabulary!