Issues at the Summit: Hearings Before the Joint Economic Committee, Congress of the United States, Ninety-fifth Congress, First Session, April 20, 21, and 22, 1977

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U.S. Government Printing Office, 1978 - 226 lappuses

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166. lappuse - Confederation necessary, in order to show, that the evils we experience do not proceed from minute or partial imperfections, but from fundamental errors in the structure of the building, which cannot be amended, otherwise than by an alteration in the first principles and main pillars of the fabric.
223. lappuse - We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists...
165. lappuse - Many new nations, having won political independence, find themselves still bound by economic dependency. For a long time it was thought that the solution to this problem was aid and assistance. It is increasingly clear, however, that a new international economic order is essential if the relations between rich and poor nations are to be transformed into a mutually beneficial partnership.
223. lappuse - I tell you, in all candour, that that option no longer exists, and that insofar as it ever did exist, it only worked by injecting bigger doses of inflation into the economy followed by higher levels of unemployment as the next step. That is the history of the past 20 years" (speech to Labour Party Conference, 28 September 1976).
170. lappuse - It is heartening to see how much is being done within many developed countries by individuals and associations and institutions in this regard. The effort, however, has barely begun and current economic difficulties — some, themselves, the aftermath of the collapse of the old order — do not create an altogether propitious climate for drawing attention to international poverty, even on a basis of enlightened self-interest. All the more reason, therefore, for a sustained attempt to alert the people...
164. lappuse - This is the reality of the Third World. These are the people whom the old economic order is said to have served well. The old economic order has not served them well. The old order has not served them at all. It was not designed to serve them well, or to serve them at all. And the fault lies not in its workings, but in the system itself. The system promised order, stability and growth for the industrialized countries, for those who already wielded economic power; but it implied disorder, insecurity...
166. lappuse - ... United Nations and its specialized agencies, and other institutions of world order, and to broaden the jurisdiction of the World Court, that these may preside over a reign of law that will not only end wars but end as well that mindless violence which terrorizes our society even in times of peace. * * * We can no longer afford to make little plans, allow ourselves to be the captives of events and forces over which we have no control, consult our fears rather than our hopes. We call upon the American...
168. lappuse - ... country and regional economic community it is now accepted that the unrestricted operation of free market forces can lead to results out of tune with prevailing concepts of a just national or regional society. The operation of the market often fails to achieve an equitable distribution of income among peoples or of activities among regions. And the market is vulnerable to manipulation through the exercise of unequally distributed market power. Recognition of these failings has led to corrective...
165. lappuse - ... not because the Communists may be doing it, not because we seek their votes, but because it is right. If a free society cannot help the many who are poor, it cannot save the few who are rich.
163. lappuse - They are the absolute poor, living in situations so deprived as to be below any rational definition of human decency.

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