Able Quote by Gerhard Schroder
“A market that's as open as possible is the precondition for a successful economy, and a successful economy is the precondition to being able to pay for social security.”
About This Quote
Source Speech: Economic Forum, 2005
Open markets enable prosperity, which funds social security.
In simple terms: Open markets support welfare.
Promote market openness.
Themes
Mood
Type
When to use this quote
- legislative reform
- economic analysis
- public debate
Key Concepts
Questions to Reflect On
- How can we ensure markets stay fair?
- What safeguards protect social security?
Open markets can increase inequality without safeguards.