Famous quote by Peter L. Berger

Mobile Desktop
In a market economy, however, the individual has some possibility of escaping from the power of the state
Like

"In a market economy, however, the individual has some possibility of escaping from the power of the state"

- Peter L. Berger

About this Quote

This quote by Peter L. Berger speaks to the power of the individual in a market economy. In a market economy, the person has the capability to make decisions about their own economic activity, such as what to buy, offer, and purchase. This provides the private the power to make choices that remain in their own benefit, and to leave the power of the state. The state might still have some control over the economy, such as setting taxes and guidelines, however the individual has the power to make choices that are in their own best interest. This liberty of choice offers the private the power to escape the power of the state, and to make choices that are in their own best interest. This freedom of choice is among the essential benefits of a market economy, and it is what allows individuals to make decisions that remain in their own benefit.

About the Author

Austria Flag This quote is written / told by Peter L. Berger somewhere between March 17, 1929 and today. He/she was a famous Sociologist from Austria. The author also have 20 other quotes.

Go to author profile

Similar Quotes

Small: Power is given only to those who dare to lower themselves and pick it up. Only one thing matters, one thing to
Fyodor Dostoevsky
"Power is given only to those who dare to lower themselves and pick it up. Only one thing matters, one thing; to be able to dare!"
Fyodor Dostoevsky, Novelist
Small: Prestige is the shadow of money and power - C. Wright Mills
C. Wright Mills
"Prestige is the shadow of money and power"
C. Wright Mills, Sociologist
Small: Dont let your will roar when your power only whispers - Thomas Fuller
Thomas Fuller
"Don't let your will roar when your power only whispers"
Thomas Fuller, Clergyman
Small: Power wears out those who dont have it - Giulio Andreotti
Giulio Andreotti
"Power wears out those who don't have it"
Giulio Andreotti, Politician
Small: Hope... is the companion of power, and the mother of success for who so hopes has within him the gift of mirac
Samuel Smiles
"Hope... is the companion of power, and the mother of success; for who so hopes has within him the gift of miracles"
Samuel Smiles, Author
Small: The strength and power of despotism consists wholly in the fear of resistance - Thomas Paine
Thomas Paine
"The strength and power of despotism consists wholly in the fear of resistance"
Thomas Paine, Writer
Small: Concentrated power has always been the enemy of liberty - Ronald Reagan
Ronald Reagan
"Concentrated power has always been the enemy of liberty"
Ronald Reagan, President
Small: The power to question is the basis of all human progress - Indira Gandhi
Indira Gandhi
"The power to question is the basis of all human progress"
Indira Gandhi, Statesman
Small: True contentment is a thing as active as agriculture. It is the power of getting out of any situation all that
Gilbert K. Chesterton
"True contentment is a thing as active as agriculture. It is the power of getting out of any situation all that there is in it. It is arduous and it is rare"
Gilbert K. Chesterton, Writer
Small: There is only one way to happiness, and that is to cease worrying things which are beyond the power of our wil
Epictetus
"There is only one way to happiness, and that is to cease worrying things which are beyond the power of our will"
Epictetus, Philosopher