"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/Economic_system
Revision History
No revisions have been submitted for this quote.
Categories
Economic system
41 quotes on TrueQuotesView all quotes by Economic system →
Related Quotes
"In the latter half of the last century the impact of the expanding influence of Western culture and economic system b…"
"Our economic system, run for profit and waste and based primarily on the extractive industries, is the cause of clima…"
"The main message we want to get out there is that climate change is caused by the rotten economic system."
"(Capitalism is) an economic system based on private, rather than state, ownership of businesses, factories, transport…"
"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system. The people who m…"
"So far we have studies how, for each commodity by itself, the law of demand in connection with the conditions of prod…"
"The state of an economy is the resultant of real flows and money flows. The financial institutions operating through …"
"The European model is, first, a social and economic system founded on the role of the market, for no computer in the …"
"I should like to suggest to you that the cause of all the economic troubles is that we have an economic system which …"
"Capitalism is not an economic system, but a world-outlook, or rather, a part of a whole world-outlook."