Quote

Capitalism and market forces are very powerful in producing wealth and innovation. But we need to ensure that these forces act in the common interest.

The market economy is very good at wealth creation but not perfect at all about wealth distribution.

Government can't create wealth, but it can create the conditions for private enterprise to flourish.

We want capitalism and market forces to be the slave of democracy rather than the opposite.

If in a country, most of the wealth is concentrated in the hands of the few, then this country can hardly witness harmony and stability.

A free economy is as essential to society as democratic political institutions. A strong market-based economy is the fertile ground for democratic freedoms that we think are important.

Democracy is not compatible with capitalism but is congruent with a version of democratic socialism in which the wealth, resources, and benefits of a social order are shared in an equitable and just manner.

Capitalist systems function less well without state protection of investors, lenders, and companies against monopoly, deception, and fraud.

Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.