In a world torn by every kind of fundamentalism…
“In a world torn by every kind of fundamentalism - religious, ethnic, nationalist and tribal - we must grant first place to economic fundamentalism, with its religious conviction that the market, left to its own devices, is capable of resolving all our problems. This faith has its own ayatollahs. Its church is neo-liberalism; its creed is profit; its prayers are for monopolies.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Advocates prioritizing market-driven solutions over ideological dogmas, treating capitalism as a quasi-religion.
In simple terms: Promotes economic fundamentalism as a guiding belief.
Consider the limits of market faith.
Themes
Mood
Type
When to use this quote
- policy making
- business strategy
- social activism
- academic debate
Key Concepts
Questions to Reflect On
- How does economic fundamentalism affect social equity?
- Can markets address moral dilemmas?
Markets cannot solve every social issue alone.