Apocalyptic Quote by E.E. Knight

The miserable failures of capitalist economies in the Great Depression were root causes of worldwide social and political disasters.

— James Tobin

“By describing the collapse of the financial system as a natural disaster, rather than as a series of man-made errors, countless pros acted blameless…

— Gregory Zuckerman

“until the late twentieth century—the scarce resource in business was financial capital. If you had it, you had the means to create more wealth,…

— Geoff Colvin

“The crash did not cause the Depression: that was part of a far broader malaise. What it did was expose the weaknesses that underpinned…

— Lucy Moore

“In all my travels I saw very little real poverty, I mean the grinding terrifying poorness of the Thirties. That at least was real…

— John Steinbeck

“The stinting poverty in which they lived was unbearable; it was destroying them. It did not mean that there was not enough to eat:…

— Doris Lessing

“In the age of global market capitalism, hopes and grievances were narrowly conceived, which blunted a sense of common predicament. Poor people didn’t unite;…

— Katherine Boo

“And so the catastrophe of 1929–33 did to the certainties of laissez-faire economics what science did to nineteenth-century religion and what the slaughter of…

— Thomas Frank

“Financial crashes happen precisely because the people who remember the last one have either died or retired and thus are no longer around, with…

— N.T. Wright

“Because in America there is a naive belief that we are all rugged individuals and can make it on our own, stock market and…

— Captain Hank Bracker, "Seawater One

“THE "depression" was a blessing in disguise. It reduced the whole world to a new starting point that gives every one a new opportunity.”

— Napoleon Hill

In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time,…

— John Kenneth Galbraith