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Goods Quotes - page 22 - Quotesdtb.com
Goods Quotes - page 22
Socialism, wherever it actually had the means to plan a society, to pursue efficaciously its vision of the abolition of private property, economic inequality, and the allocation of capital and goods by free markets, culminated in the crushing of individual, economic, religious, associational, and political liberty. Its collectivization of agriculture alone led to untold suffering, scarcity, and contempt for property as the fruit of labor.
Alan Charles Kors
Like it or not, giant, vertically integrated corporate enterprises were the most efficient means of organizing the production and distribution of mass produced goods and services. Bringing together supply chains, production processes, and distribution channels in vertically integrated companies under centralized management dramatically reduced transaction costs, increased efficiencies and productivity, lowered the marginal cost of production and distribution, and, for the most part, lowered the price of goods and services to consumers, allowing the economy to flourish. While those at the top of the corporate pyramid disproportionately benefited from the increasing returns on investment, it's only fair to acknowledge that the lives of millions of consumers also improved appreciably in industrialized nations.
Jeremy Rifkin