--- title: "Meaning & Key Takeaway of: Money is a public good; as such, it lends…" description: "\"Money is a public good; as such, it lends itself to private exploitation.\" — Charles P. Kindleberger" image: "https://sms4smile.com/quotes/i/145/charles-p-kindleberger-40961_exploitation_money-is-a-public-good-as-such-it-lends_1768347.jpg" --- # Money is a public good; as such, it lends itself to… ![“Money is a public good; as such, it lends itself to private exploitation.” quote by Charles P. Kindleberger](https://sms4smile.com/quotes/i/145/charles-p-kindleberger-40961_exploitation_money-is-a-public-good-as-such-it-lends_1768347.jpg) [Download](https://sms4smile.com/quotes/i/145/charles-p-kindleberger-40961_exploitation_money-is-a-public-good-as-such-it-lends_1768347.jpg) [Open image](https://sms4smile.com/quotes/i/145/charles-p-kindleberger-40961_exploitation_money-is-a-public-good-as-such-it-lends_1768347.jpg) > “Money is a public good; as such, it lends itself to private exploitation.” [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Money, while a shared resource, can be manipulated by individuals for personal gain. **In simple terms:** Money can be exploited by individuals. Key Takeaway Guard against personal exploitation of shared resources. Themes economics public good exploitation ethics Mood cautious analytical Type theoretical critical When to use this quote - policy design - financial regulation - corporate governance - community budgeting Key Concepts public goods theory moral hazard resource allocation Questions to Reflect On - How can we align personal incentives with collective benefit? - What mechanisms deter private exploitation of public assets? A Different Perspective Even with safeguards, incentives may still drive selfish behavior. ★ ★ ★ ★ ★ No ratings yet [Exploitation](https://sms4smile.com/quotes/about/exploitation/) [Money](https://sms4smile.com/quotes/about/money/) [Public good](https://sms4smile.com/quotes/about/public-good/) ## Related quotes > [“It's as though there were two melodies going on simultaneously: one for private exploitation and the other for the public ear. The whole struggle…](https://sms4smile.com/quotes/henry-miller/it-s-as-though-there-were-two-melodies-going-on-simultaneously-one/) [Henry Miller](https://sms4smile.com/quotes/author/henry-miller/) > [We know that from the GI Bill after the Second World War, where Congress found that for every dollar we put in as taxpayers…](https://sms4smile.com/quotes/jill-stein/we-know-that-from-the-gi-bill-after-the-second-world-war-where/) [Jill Stein](https://sms4smile.com/quotes/author/jill-stein/) > [Less money for public media means less access to the arts.](https://sms4smile.com/quotes/nellie-mckay/less-money-for-public-media-means-less-access-to-the-arts/) [Nellie McKay](https://sms4smile.com/quotes/author/nellie-mckay/) > [“Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a profit.”](https://sms4smile.com/quotes/john-rogers/banks-do-not-create-money-for-the-public-good-they-are-businesses/) [John Rogers](https://sms4smile.com/quotes/author/john-rogers/) > [Taxes are how we pool our money for public health and safety, infrastructure, research, and services-from the development of vaccines and the Internet to…](https://sms4smile.com/quotes/holly-sklar/taxes-are-how-we-pool-our-money-for-public-health-and-safety/) Holly Sklar > [Capitalism is based on individual rights - not on the sacrifice of the individual to the 'public good' of the collective.](https://sms4smile.com/quotes/ayn-rand/capitalism-is-based-on-individual-rights-not-on-the-sacrifice-of-the/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [Well-reported news is a public good; bad news is bad for everyone.](https://sms4smile.com/quotes/jill-lepore/well-reported-news-is-a-public-good-bad-news-is-bad-for-everyone/) [Jill Lepore](https://sms4smile.com/quotes/author/jill-lepore/) > [The trade of advertising is now so near to perfection that it is not easy to propose any improvement. But as every art ought…](https://sms4smile.com/quotes/samuel-johnson/the-trade-of-advertising-is-now-so-near-to-perfection-that-it-is-not/) [Samuel Johnson](https://sms4smile.com/quotes/author/samuel-johnson/) > [Industry is far more efficient than the university in making use of scientific developments for the public good. Reported in 1981, as a co-founder…](https://sms4smile.com/quotes/herbert-boyer/industry-is-far-more-efficient-than-the-university-in-making-use-of/) Herbert Boyer > [So there's always been this clash between what is the public good - that which belongs to all of us in common - and…](https://sms4smile.com/quotes/neil-abercrombie/so-there-s-always-been-this-clash-between-what-is-the-public-good/) [Neil Abercrombie](https://sms4smile.com/quotes/author/neil-abercrombie/) > [Personal faith can be a powerful force for public good.](https://sms4smile.com/quotes/david-price/personal-faith-can-be-a-powerful-force-for-public-good/) [David Price](https://sms4smile.com/quotes/author/david-price/) > [People are so docile right now. It is almost as if good government means when the politicians lie to us for our own good,…](https://sms4smile.com/quotes/james-bovard/people-are-so-docile-right-now-it-is-almost-as-if-good-government/) [James Bovard](https://sms4smile.com/quotes/author/james-bovard/) > [How can there ever possibly be a conflict between my private interests and the public good?](https://sms4smile.com/quotes/ashleigh-brilliant/how-can-there-ever-possibly-be-a-conflict-between-my-private/) [Ashleigh Brilliant](https://sms4smile.com/quotes/author/ashleigh-brilliant/) > [The foundations of justice are that on one shall suffer wrong; then, that the public good be promoted.](https://sms4smile.com/quotes/marcus-tullius-cicero/the-foundations-of-justice-are-that-on-one-shall-suffer-wrong-then/) [Marcus Tullius Cicero](https://sms4smile.com/quotes/author/marcus-tullius-cicero/) > [“The public good must come before private interests.”](https://sms4smile.com/quotes/bryant-mcgill/the-public-good-must-come-before-private-interests/) [Bryant McGill](https://sms4smile.com/quotes/author/bryant-mcgill/) ## More by Charles P. Kindleberger > [Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the…](https://sms4smile.com/quotes/charles-p-kindleberger/debasement-was-limited-at-first-to-one-s-own-territory-it-was-then/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [“In Chapter 5 we consider swindles and defalcations. It happens that crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance,…](https://sms4smile.com/quotes/charles-p-kindleberger/in-chapter-5-we-consider-swindles-and-defalcations-it-happens-that/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and…](https://sms4smile.com/quotes/charles-p-kindleberger/the-period-of-financial-distress-is-a-gradual-decline-after-the-peak/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [“This book is an essay in what is derogatorily called "literary economics," as opposed to mathematical economics, econometrics, or (embracing them both) the "new…](https://sms4smile.com/quotes/charles-p-kindleberger/this-book-is-an-essay-in-what-is-derogatorily-called-literary/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to…](https://sms4smile.com/quotes/charles-p-kindleberger/the-propensity-to-swindle-grows-parallel-with-the-propensity-to/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [Much of the profession is empirically bankrupt because it is no longer taught economic history.](https://sms4smile.com/quotes/charles-p-kindleberger/much-of-the-profession-is-empirically-bankrupt-because-it-is-no/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been…](https://sms4smile.com/quotes/charles-p-kindleberger/what-matters-to-us-is-the-revelation-of-the-swindle-fraud-or/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [There is nothing so disturbing to one's well-being and judgment as to see a friend get rich](https://sms4smile.com/quotes/charles-p-kindleberger/there-is-nothing-so-disturbing-to-one-s-well-being-and-judgment-as-to/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) > [The first derivative is the last refuge of a scoundrel.](https://sms4smile.com/quotes/charles-p-kindleberger/the-first-derivative-is-the-last-refuge-of-a-scoundrel/) [Charles P. Kindleberger](https://sms4smile.com/quotes/author/charles-p-kindleberger/) [Explore all 10 Charles P. Kindleberger quotes ](https://sms4smile.com/quotes/author/charles-p-kindleberger/) ## More Exploitation quotes > [I remember being a kid and seeing the 'National Inquirer' at the grocery store checkout line. When somebody actually picked up a copy, it…](https://sms4smile.com/quotes/rashida-jones/i-remember-being-a-kid-and-seeing-the-national-inquirer-at-the/) [Rashida Jones](https://sms4smile.com/quotes/author/rashida-jones/) > [Nothing better protects a human being against the stupidity of prejudice, racism, religious or political sectarianism, and exclusivist nationalism than this truth that invariably…](https://sms4smile.com/quotes/mario-vargas-llosa/nothing-better-protects-a-human-being-against-the-stupidity-of/) [Mario Vargas Llosa](https://sms4smile.com/quotes/author/mario-vargas-llosa/) > [When the idea came up, (Newman's Own) I said, "Are you crazy? Stick my face on the label of salad dressing?" And then, of…](https://sms4smile.com/quotes/paul-newman/when-the-idea-came-up-newman-s-own-i-said-are-you-crazy-stick-my-face/) [Paul Newman](https://sms4smile.com/quotes/author/paul-newman/) > [Communism is inequality, but not as property is. Property is exploitation of the weak by the strong. Communism is exploitation of the strong by…](https://sms4smile.com/quotes/pierre-joseph-proudhon/communism-is-inequality-but-not-as-property-is-property-is/) [Pierre-Joseph Proudhon](https://sms4smile.com/quotes/author/pierre-joseph-proudhon/) > [Marx saw exploitation in terms of the rewards of human labor, but we can see it in terms of all the values of our…](https://sms4smile.com/quotes/charles-a-reich/marx-saw-exploitation-in-terms-of-the-rewards-of-human-labor-but-we/) [Charles A. Reich](https://sms4smile.com/quotes/author/charles-a-reich/) > [The sexual abuse and exploitation of children is one of the most vicious crimes conceivable, a violation of mankind's most basic duty to protect…](https://sms4smile.com/quotes/james-t-walsh/the-sexual-abuse-and-exploitation-of-children-is-one-of-the-most/) [James T. Walsh](https://sms4smile.com/quotes/author/james-t-walsh/) > [Exploitation and manipulation produce boredom and triviality; they cripple man, and all factors that make man into a psychic cripple turn him also into…](https://sms4smile.com/quotes/erich-fromm/exploitation-and-manipulation-produce-boredom-and-triviality-they/) [Erich Fromm](https://sms4smile.com/quotes/author/erich-fromm/) > [“For their never-ending endeavours to obtain or retain wealth, countries desperately need companies, because they—unlike most human beings—have the means of production, and human…](https://sms4smile.com/quotes/mokokoma-mokhonoana/for-their-never-ending-endeavours-to-obtain-or-retain-wealth/) [Mokokoma Mokhonoana](https://sms4smile.com/quotes/author/mokokoma-mokhonoana/) > [I have visited sweatshops, factories, and crowded slums. If I could not see it, I could smell it. The foundation of society is laid…](https://sms4smile.com/quotes/helen-keller/i-have-visited-sweatshops-factories-and-crowded-slums-if-i-could-not/) [Helen Keller](https://sms4smile.com/quotes/author/helen-keller/) > [For my whole life I have dedicated myself to those who have been subjected to injustice. I've conducted investigations and written in newspapers about…](https://sms4smile.com/quotes/dacia-maraini/for-my-whole-life-i-have-dedicated-myself-to-those-who-have-been/) [Dacia Maraini](https://sms4smile.com/quotes/author/dacia-maraini/) > [If we human beings learn to see the intricacies that bind one part of a natural system to another and then to us, we…](https://sms4smile.com/quotes/gaylord-nelson/if-we-human-beings-learn-to-see-the-intricacies-that-bind-one-part-of/) [Gaylord Nelson](https://sms4smile.com/quotes/author/gaylord-nelson/) > [The marketing of anything is full of exploitation and lies and hype.](https://sms4smile.com/quotes/sydney-pollack/the-marketing-of-anything-is-full-of-exploitation-and-lies-and-hype/) [Sydney Pollack](https://sms4smile.com/quotes/author/sydney-pollack/) > [“Often, her mate is the child of a narcissist, already indoctrinated to regard exploitation and disregard as love. Others lured by the narcissistic aura…](https://sms4smile.com/quotes/elan-golomb/often-her-mate-is-the-child-of-a-narcissist-already-indoctrinated-to/) Elan Golomb > [“A flat tire is like a bad attitude, you won't go anywhere until you change it.”](https://sms4smile.com/quotes/winston-brown/a-flat-tire-is-like-a-bad-attitude-you-won-t-go-anywhere-until-you/) Winston Brown > [Extension work is not exhortation. Nor is it exploitation of the people, or advertising of an institution, or publicity work for securing students. It…](https://sms4smile.com/quotes/liberty-hyde-bailey/extension-work-is-not-exhortation-nor-is-it-exploitation-of-the/) [Liberty Hyde Bailey](https://sms4smile.com/quotes/author/liberty-hyde-bailey/) [Browse all 648 Exploitation quotes ](https://sms4smile.com/quotes/about/exploitation/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Money is a public good; as such, it lends itself to private exploitation.", "creator": { "@type": "Person", "name": "Charles P. 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