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  • Quote of the Day

    Posted by Lexington Green on May 25th, 2008 (All posts by )

    The Russians, Chinese and Indians aren’t just a new collections of fools. They will no more drive humanity off a cliff than we did. With 3 billion new capitalists come 3 billion new answers.
     
    Many will only see needs and demands. Some will see innovation and vision.
     
    One point history makes clear: when markets are allowed to operate, efficiencies emerge. When markets are prevented or perverted (like in the socialist bloc), disaster triumphs.

    Thomas P.M. Barnett

     

    3 Responses to “Quote of the Day”

    1. Jonathan Says:

      Excellent.

    2. Lexington Green Says:

      Tom is totally on the ball on these issues.

    3. Virgil xenophon Says:

      As in the Tata perhaps?–although the greenie religious zealots think such things signal the end of the world rather than improving the lives of countless millions.