Capitalism Quote by Anonymous
“One of the necessary accompaniments of capitalism in a democracy is political corruption.”
About This Quote
Source Speech: The Future of Capitalism, Economic Forum, 2015
Capitalism in democratic societies often breeds political corruption as a side effect.
In simple terms: Democracy can enable corruption under capitalism.
Key Takeaway
Promote transparency and accountability.
Themes
politics
economics
ethics
Mood
critical
concerned
Type
political
analytical
When to use this quote
- government contracts
- campaign finance
- public procurement
- policy making
Key Concepts
corruption
democratic capitalism
institutional design
Questions to Reflect On
- How can citizens reduce corruption?
- What reforms best limit undue influence?
A Different Perspective
Corruption can also stem from cultural factors beyond economic systems.
![“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy…” quote by Joseph Stalin](https://sms4smile.com/quotes/img-quotes/411/joseph-stalin-1734_capitalism_neither-italian-fascism-nor-german-natio_1430.jpg)
