“The world needs a new generation of policymakers who don’t hobnob with billionaire speculators and who understand workers’ concerns. Unfortunately, the change will not come smoothly.”
Andy Xie
“At the root of America’s economic crisis lies a moral crisis: the decline of civic virtue among America’s political and economic elite. A society of markets, laws, and elections is not enough if the rich and powerful fail to behave with respect, honesty, and compassion toward the rest of society and toward the world.”
Jeffrey Sachs
“Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. Wealth is the relentless enemy of understanding. In a community where the primary concern is making money, one of the necessary rules is to live and let live. To speak out against madness may be to ruin those who have succumbed to it. So the wise in Wall Street are nearly always silent. The foolish thus have the field to themselves. None rebukes them.
People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason. But the privileged also feel that their privileges, however egregious they may seem to others, are a solemn, basic, God-given right.”
John Kenneth Galbraith
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Missing from all 3 quotes is the acknowledgement and truth, that all of the problems noted exist ONLY because government has the power it does over the economy, the money supply, and the lives and freedoms of every citizen. Were that NOT the case, the entrepreneur to the mega-industrialist, would be forced to succeed on their own, and would have NO POWER to purchase with their wealth, other than what power they could generate within their own corporations by way of delivering to consumers, products or services that met their needs in a voluntary, free, and competitive marketplace.