Exercise Quote by Bertrand Russell
“So in everything: power lies with those who control finance, not with those who know the matter upon which the money is to be spent. Thus, the holders of power are, in general, ignorant and malevolent, and the less they exercise their power the better.”
About This Quote
Source Essay: Power and Finance, 1918
Power is held by those who control money, not by experts; thus, those in power are often ignorant and harmful, and limiting their power is beneficial.
In simple terms: Money controllers hold power, not experts.
Limit financial control to reduce harm.
Themes
Mood
Type
When to use this quote
- government policy
- corporate governance
Key Concepts
Questions to Reflect On
- How can societies check financial power?
- What mechanisms ensure expertise guides decisions?
Complex to may oversimplify.