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Around the world Quote by Doreen Massey

“The problem with the finance sector is not that it has crashed (though that has done enormous damage around the world) but the damage that it did even in its pomp. It is for that reason that we must not go back to business as usual. Most of all it is imperative we reduce the dominance of finance…” quote by Doreen Massey
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“The problem with the finance sector is not that it has crashed (though that has done enormous damage around the world) but the damage that it did even in its pomp. It is for that reason that we must not go back to business as usual. Most of all it is imperative we reduce the dominance of finance. And that means economically, ideologically, and in terms of political voice.”

Doreen Massey

About This Quote

Source Speech: Public lecture on financial reform, 2020

The finance sector’s influence causes lasting harm beyond crashes, so we must curb its economic, ideological, and political power.

In simple terms: Finance dominates and harms society; we need to reduce its power.

Key Takeaway

Limit finance’s dominance.

Themes

economics politics power reform inequality

Mood

concerned determined

Type

analytical call to action

When to use this quote

  • policy making
  • activism
  • academic research
  • public debate

Key Concepts

financial dominance systemic risk political influence

Questions to Reflect On

  • How can we balance financial innovation with societal health?
  • What alternatives exist to current financial power structures?
A Different Perspective

Reducing finance’s role may slow growth or cause resistance.

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