Unregulated Markets Quotes

Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.

A worker's paradise is a consumer's hell.

It's not hard to be valuable when you are a monopoly.

… capitalism is being killed by its achievements.

I think people have to be very careful with new ideas [in fiancé and economics]. What you need to worry about is when you have something that’s a really good idea, but you get too much of it too fast, like over-the-counter derivatives.

Wall Street has too much wealth and political power.

It's impossible to translate Wall Street greed into one or two demands.

The market, as we're all painfully aware in the aftermath of the banking crisis, can be an idiot. It has no perception of right or wrong, or even sensible or insane. It sees profit.

Here's the problem: Profiteers haunt America, and for everything we try to control, someone's going to profit from it, more than you control it.

The real problems of our economy began when the very smart people of our society went to Wall Street.

it's not only companies who can undermine fair competition. Governments can do it, too. And governments do that when they hand out subsidies to just the favorite few, the selected. They may do that when they hand out subsidies -- and, of course, all financed by taxpayers -- to companies. That may be in the form of special tax treatments, like the tax benefits that firms like Fiat, Starbucks and Apple got from some governments in Europe. Those subsidies stop companies from competing on equal terms. They can mean that the companies that succeed, well, they are the companies that got the most subsidy, the ones that are the best-connected, and not, as it should be, the companies that serve consumers the best.

there are times when we need to step in to make sure that competition works the way it should. By doing that, we help the market to work fairly, because competition gives consumers the power to demand a fair deal. It means that companies know that if they cannot offer good prices or the service that's expected, well, the customers will go somewhere else.

Restrict the right of the rich to buy up any anything and everything, and then to exercise a kind of monopoly.

It’s hard to be a fan of the free market these days when the free market has just driven the economy over the cliff.

When our financial system - essentially our money managers, marketers of investment products and stockbrokers - put up zero percent of the capital and assume zero percent of the risk yet receive fully 80% of the return, something has gone terribly wrong in our financial system.

They not only deregulated. They desupervised.

The American people are being victimized more than any free market would warrant.

The holder of a monopoly is a sinner and offender.

Consolidating to the point of monopoly has never served the consumer - ever.

Laissez-faire, supply and demand-one begins to be weary of all that. Leave all to egotism, to ravenous greed of money, of pleasure, of applause-it is the gospel of despair.

Unfettered markets eventually get out of whack.

The underground economy is not all smugglers. It is hundreds of thousands of otherwise honest people who have withdrawn their consent to be governed.

Monopolies, whether private or governmental, are always abused by those who hold them.

Food Stamp recipients didn't cause the financial crisis; recklessness on Wall Street did.

Unbridled capitalism will lead to some very real problems.