economy

The real question is: How sturdy and solid is the floor our civilization stands on? How many lives with no prospects, shattered and senseless, can it bear the weight of before it cracks somewhere or other, splits at the joints?

These poor people have learned to endure day to day economic agony. It__ routine in daily life for them. They are so accustomed to facing economic pain that poverty doesn__ hurt them anymore. Extreme negativity in their life drove learning endurance and their accomplishment to endure extreme conditions is __ositivity_ they mastered

But the economic meltdown should have undone, once and for all, the idea of poverty as a personal shortcoming or dysfunctional state of mind. The lines at unemployment offices and churches offering free food includes strivers as well as slackers, habitual optimists as well as the chronically depressed. When and if the economy recovers we can never allow ourselves to forget how widespread our vulnerability is, how easy it is to spiral down toward destitution.

In rural and struggling Lexington, Virginia, Lee's new postwar home, one writer joked darkly dollars were so scarce that they had to be introduced to one another when they met on Main Street.

A Man's management of his own purse speaks volumes about character

Disease is the biggest money maker in our economy.

Electricity, shelter, and a safe place to sleep . . .trump the need to preserve your credit score, orpurchase a new gizmo.

A mental disease has swept the planet: banalization. Everyone is hypnotized by production and comfort -- sewage system, elevator, bathroom, washing machine. This state of affairs, which arose out of a struggle against poverty, overshoots its ultimate goal -- the liberation of humanity from material cares -- and becomes an obsessive image hanging over the present. Between love and a garbage disposal, young people of all countries have made their choice and prefer the garbage disposal. A complete and sudden change of spirit has become essential, by bringing to light forgotten desires and creating entirely new ones. And by an intensive propaganda in favor of these desires.Gilles Ivain (aka Ivan Chtcheglov)

Only when the tide goes out do you discover who's been swimming naked.

Any factor that breeds polarization will worsen policy, and thus cause lower growth.

...distinction between growth and development. Aggregate growth in national economic indicators need not mean an improved life for the majority of the people.

A long decade ago economic growth was the reigning fashion of political economy. It was simultaneously the hottest subject of economic theory and research, a slogan eagerly claimed by politicians of all stripes, and a serious objective of the policies of governments. The climate of opinion has changed dramatically. Disillusioned critics indict both economic science and economic policy for blind obeisance to aggregate material "progress," and for neglect of its costly side effects. Growth, it is charged, distorts national priorities, worsens the distribution of income, and irreparably damages the environment. Paul Erlich speaks for a multitude when he says, "We must acquire a life style which has as its goal maximum freedom and happiness for the individual, not a maximum Gross National Product." [in Nordhaus, William D. and James Tobin., "Is growth obsolete?" Economic Research: Retrospect and Prospect Vol 5: Economic Growth. Nber, 1972. 1-80]

Laissez faire laissez passer.

That law of nature whereby everything climbs to higher platforms, and bodily vigor becomes mental and moral vigor. The bread he eats is first strength and animal spirits; it becomes, in higher laboratories, imagery and thought; and in still higher results, courage and endurance. This is the right compound interest; this is capital doubled, quadrupled, centupled; man raised to his highest power. The true thrift is always to spend on the higher plane; to invest and invest, with keener avarice, that he may spend in spiritual creation and not in augmenting animal existence.

They should own who can administer, not they who hoard and conceal; not they who, the greater proprietors they are, are only the greater beggars, but they whose work carves out work for more, opens a path for all. For he is the rich man in whom the people are rich, and he is the poor man in whom the people are poor; and how to give all access to the masterpieces of art and nature is the problem of civilization.

Compassion, however, should mean providing a mechanism to escape poverty rather than simply maintaining people in an impoverished state by supplying handouts. By doing this we give them an opportunity to elevate their personal situations, which eventually decreases our need to take care of them and empowers them to be able to exercise compassion toward others.

If economies collapse and lawlessness rules and resources are scarce, many people who claim with their mouths that they follow Jesus... will abandon him with their lives.

But, as in the rest of Galilee, the profits firm this increase in the means of production disproportionately benefited the large landowners and moneylenders who resided outside Capernaum: the wealthy priests in Judea and new urban elite in Sepphoris and Tiberias. The majority of Capernaum's residents had been left behind by the new Galilean economy. It would be these people whom Jesus would specifically target - those who found themselves cast to the fingers of society, whose lives had been disrupted by the rapid social and economic shifts taking place throughout Galilee.