"Greed is not good. Being rapacious doesn't make you a capitalist, it makes you a sociopath. And in an economy as dependent upon cooperation at scale as ours, sociopathy is as bad for business as it is for society.... Neoliberal economic theory has sold itself to you as unchangeable natural law, when in fact it's social norms and constructed narratives based on pseudoscience. If we truly want a more equitable, more prosperous and more sustainable economy, if we want high-functioning democracies and civil society, we must have a new economics."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Nick Hanauer in The dirty secret of capitalism -- and a new way forward Ted Talk, (July 2019)
https://en.wikiquote.org/wiki/Economics
Revision History
No revisions have been submitted for this quote.
Categories
Economics
109 quotes on TrueQuotesView all quotes by Economics →
Related Quotes
"Any author who uses mathematics should always express in ordinary language the meaning of the assumptions he admits, …"
"A planet full of people meant nothing against the dictates of economic necessity!"
"Economics is on the side of humanity now."
"“That voter, in my judgment,” he claims, “will be more likely to vote his economic interests than he will anything el…"
"Most of the presidential candidates' economic packages involve 'tax breaks,' which is when the government, amid great…"
"See, when the Government spends money, it creates jobs; whereas when the money is left in the hands of Taxpayers, God…"
"Life, liberty, and property do not exist because men have made laws. On the contrary, it was the fact that life, libe…"
"Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women…"
"How is property given? By restraining liberty; that is, by taking it away so far as necessary for the purpose. How is…"
"In fact, without any exaggeration, the current mechanism of money creation through credit is certainly the "cancer" t…"