Gang Quote by Anonymous
““I efterkrigstiden intervenerede staterne for at kompensere arbejdskraften for de negative sider af international konkurrence, ligesom de intervenerede for at fjerne eller begrænse negative eksternaliteter - forurening og arbejdsulykker. Nu, under den globale orden, har staterne vist sig villige til at garantere finansielle institutioner, der er for store til at gå bankerot. I begge tilfælde er der tale om blandingsøkonomier: Staterne understøtter, garanterer og kapitaliserer privat erhvervsdrift, når den ikke selv er i stand til at overleve, eller når den skaber sådanne konsekvenser for samfund og borger, at den undergraver sin egen fremtid.””
About This Quote
Source Speech: Economic Policy Commentary, post‑World War II Europe, 1950s
States intervene to offset labor negatives and externalities, and later to bail out too‑big‑to‑fail financial firms, reflecting mixed economies where public support sustains private activity when it cannot survive or harms society.
In simple terms: Governments step in to protect workers, environment, and stability when markets fail.
Key Takeaway
Recognize when market failures justify public support.
Themes
economic policy
mixed economies
government intervention
public finance
financial stability
Mood
cautious
analytical
critical
Type
policy
analytical
reflective
When to use this quote
- industrial regulation
- environmental protection
- financial crisis management
- corporate rescue
- public‑private partnership
Key Concepts
externalities
negative externalities
too‑big‑to‑fail
state bailouts
social welfare
Questions to Reflect On
- When should government support end?
- How to balance market freedom with social protection?
A Different Perspective
Intervention can create moral hazard and dependency.
![“En Skoemager maa og tildeels være Theologus; saa at han veed at giøre Forskiel imellem Religions-Secter: Thi eet er at arbejde for en Orthodox, som vil have tynde og undertiden forkeerte Saaler [på forkerte eller vendte såler er syningerne indad], efterdi han bruger ofte sine Fødder til Dands; et…” quote by Ludvig Holberg](https://sms4smile.com/quotes/img-quotes/59c/ludvig-holberg-58309_heretic_en-skoemager-maa-og-tildeels-v-re-theolo_1295908.jpg)
