Useless quote for 30 January:
"Democracy runs on the principle of 'one man (one person), one vote'. The market runs on the principle of 'one dollar, one vote' … the former gives equal weight to each person, regardless of the money she/he has. The latter give greater weight to richer people. Therefore, democratic decisions usually subvert the logic of market."
~ Ha-Joong Chang, in "Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism" (2007)
#UselessQuote #HaJoongChang
Roman ALAN
npub108…ef5zx
2026-01-29 22:48:03 UTC
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npub108easxa00qmm2s4x9vx93xxh59q55034vr3ghutlryq0cekrntsslef5zxSeen on
wss://relay.momostr.pinkPublished at
2026-01-29 22:48:03 UTCEvent JSON
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"content": "Useless quote for 30 January:\n\n\"Democracy runs on the principle of 'one man (one person), one vote'. The market runs on the principle of 'one dollar, one vote' … the former gives equal weight to each person, regardless of the money she/he has. The latter give greater weight to richer people. Therefore, democratic decisions usually subvert the logic of market.\"\n\n~ Ha-Joong Chang, in \"Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism\" (2007)\n\n#UselessQuote #HaJoongChang",
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