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With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.

— Jim Stanford Economics For Everyone (2008)

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The problem is not scarcity; the problem is power.

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Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").

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Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

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Everyone has an interest in the economy: in how it functions, how well it functions, and in whose interests it functions.

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Economics is a social science, not a physical science.

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Quote text and notes from Wikiquote: Jim Stanford (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.