Pressure selling is firmly rooted in American economic life, and I'm sorry it is, for it should not be necessary. Some people think part of the panic following 1929 was due to too much pressure in selling.
Sentiment: NEGATIVE
We must have the time to create strict rules so that property is not sold by Communist managers for a low price. They often get payments under the table to sell to the first bidder. This does not build public support for a market economy.
In the panic of 1819, the protectionists stressed the lack of consumer markets abroad and the necessity for building up a market at home. The inflationists, on the other hand, stressed the shortage of money capital available to manufacturers as a cause of the crisis.
Money is always a pressure.
It's only when the markets are perceived to have exhausted themselves on the downside that they turn. Trying to prevent them from going down just merely prolongs the agony.
Markets are frequently ahead of, and often out of sync with, the economy.
Markets can do many wonderful things, which is why I'm glad to live in a capitalist country.
If you say simply that pressures toward democracy are created by the market, I would say yes.
Great pressure is put on kids who don't have dads to get out and make money, and make life easier for everybody. It was always, 'Hurry up, grow up, make money, there's no man to do it for us.'
There are some things that we value as a public good that the markets can't deliver, like clean air.
American business has just forgotten the importance of selling.