Pranab Mukherjee Quotes

In the future, people will blame the Eighties for all societal ills in the same way that people have previously blamed the Sixties. The various Thatcherite Big Bangs - monetarism, deregulation, libertarianism - have been working their way through the culture ever since.

In the 1980s and 1990s, radical change in economic policies fostered by Ronald Reagan and Margaret Thatcher put the brakes on government planning and ushered in a new free-market supply-side era and a two-decade boom. That model has been abandoned in the new century. This must be reversed.

Since the start of the Thatcher economic and fiscal reforms the U.K. economy has expanded five-fold.

You should be cautious when criticizing the liberalization of economic theory.

Under Ronald Reagan in the United States and Margaret Thatcher in the U.K., there was a rewriting of the basic rules of capitalism. These two governments changed the rules governing labour bargaining, weakening trade unions, and they weakened anti-trust enforcement, allowing more monopolies to be created.

In the 1980s and 1990s, anglophone conservatives were motivated by ideas so powerful that they spread from the United States and Britain to the rest of the world: faith in democracy, faith in free markets, faith in free trade.

With each step away from communist constructivism to Hayekian capitalism, China has been richly rewarded.

Thatcherite economic policy was most acutely felt in the coal industry, where tens of thousands of jobs were lost as pits were shut down.

I am sure future historians will say the biggest and most astonishing change in politics has been the embracing of all the tenets of Thatcherism by the party of Keir Hardie: trade union legislation, Europe, the replacement of Trident, 10 per cent tax for people who have made millions from their companies.

I believe Mrs. Thatcher's emphasis on enterprise was right.

Since the end of the 1970s, free-market capitalism has been in, and socialism has been out.

Prime Minister Singh is to be commended for beginning the process of transforming India into a global economic power by initiating economic liberalization in the early 1990s.

Since the 1980s, we've been living in this era, really, of corporate rule, based on this idea that the role of government is to liberate the power of capital so that they can have as much economic growth as quickly as possible, and then all good things will flow from that.

Neoliberalism emerged by defining itself against what it labelled as an unrealistic and unsustainable programme of social welfare and public spending.

Neoliberalism became the leading economic ideology in the U.S. and in the U.K. during Ronald Reagan's and Margaret Thatcher's mandates. In this way, the leaders of the free world offered a viable solution to the economic crisis at the time: competition, deregulation, outsourcing, to name a few buzz words that have since become common place.

I was very identified with and accused of being a neo-liberal with respect to the economy.

Geoffrey Howe's Budget of 1981 is remembered for transforming the economy and delivering economic freedoms to families and businesses.

The ideology of neoliberalism, with its privatization, its deregulation, its emphasis on consumption, its elimination of basically apparatuses that can provide alternative points of view, has been so powerful and so normalized.

Neoliberal ideology is enormously powerful.

The analysis in the era of Ronald Reagan and Margaret Thatcher was that government was interfering with the efficiency of the economy through protectionism, government subsidies, and government ownership. Once the government "got out of the way," private markets would allocate resources efficiently and generate robust growth. Development would simply come.

We are in favor of greater free markets.

The global policy shift toward neo-liberalism that took place during the 1980s and 1990s was supposed, according to its proponents, to bring a convergence of living standards of richer and poorer nations. This never actually happened.

I am a free market Republican. I am against subsidies, in most cases.

Few countries have become rich through free-trade, free-market policies, and few ever will.

'Big business' was a bad phrase in India. To be accused of being big business was the worst accusation you could make. All that has gone now. The whole mindset has changed.