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Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained.

— Jim Stanford Economics For Everyone (2008)

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More quotes by Jim Stanford

The problem is not scarcity; the problem is power.

Economics For Everyone (2008)

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").

Economics For Everyone (2008)

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.