Joseph Schumpeter Quotes

No business is above government, and government must be empowered to deal adequately with any business that tries to rise above government.

I do not believe that the government is in any position to say exactly how every single business and every single activity shall reach those performances.

To say that only those businesses affected with a public interest may be regulated is but another way of stating that all those businesses which may be regulated are affected with a public interest.

The railroads saw that they must either accept control by the State of control the State.

What one has created by regulation, one could address by regulation.

When we have agencies like EPA shutting down businesses, I don't trust them at all.

Many businesses oppose any government mandates, even if they are already following them.

Road testing the effects of regulation on European business must become second nature to the European Union.

Is regulation per se bad? Is better regulation bad? I think better regulation is good for the business community, and I think that's something we should get together on.

No one doing big business can avoid some contact with government agencies, regulators, and policy makers.

Business, too, need to mend its ways. For many years various sections of American industry have asked for special legislation which offered a temporary benefit at the expense of normal economic processes. Business has asked for special subsidies and special tariffs, for special protection against price cutters or low cost producers, for government appropriations for this or that special purpose. Business cannot ask for government interference at one time, and then indignantly reject it at another.

Fines have to be incentives to enforce the law. We cannot allow them to become just another cost of doing business

When an industry has a blanket exemption and someone suggests the most modest regulation, they see it changing the universe in which they do business.

… strong national regulation of interstate corporations

Fannie Mae may have conformed to the rules but the rules didn’t conform to reality. A major bank or financial institution could meet every single regulatory requirement yet still be at the risk of collapse.

The last 6 months make it abundantly clear that voluntary regulation does not work.

More and more it is evident that the State and if necessary the Nation, has got to possess the right of supervision and control as regards the great corporations.

The FBI has always supported big business and big government.

Candidly, I believe most corporations actually don't mind big government.

We're one of the most highly regulated industries, and we have to pay attention to what government is doing.

A majority of Americans support Social Security and Medicare, a progressive tax system and a government that regulates business in the public interest, but most share deep skepticism about the government's ability to do all this well.

In a literal sense, even a private company, of course, cannot do everything that it wants without some discussion with government. As a good corporate citizen, Severstal discussed the idea of a merger with Arcelor with the Russian government.

I've spent enough time in the business community to know there are certain regulators who are very constructive in their approach - those who enforce the laws and who actually want to help you comply - and there are others who have a prosecutorial attitude.

We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.

I tell them the rules are made by the government. Every firm should comply. It doesn't mean they can't compete.