Communist Quote by Jamie Dimon
“When you leave people behind, and those people who are left behind, it's not their fault, it's the leaders of the institutions. There's always going to be an elite. You can have an elite in a communist society. It is the leaders, something went wrong, and the leaders collectively are responsible.”
About This Quote
Source Interview: Financial Times, 2023
Leaders are accountable for systemic inequities; elite groups arise from institutional failures, not individual fault.
In simple terms: Leaders cause systemic inequality; elites result from broken institutions.
Hold leaders accountable and reform institutions.
Themes
Mood
Type
When to use this quote
- government agencies
- large corporations
- educational systems
- healthcare
- housing markets
Key Concepts
Questions to Reflect On
- What concrete steps can leaders take to prevent elite formation?
- How can individuals influence institutional change?
Elites may also emerge from cultural or market dynamics beyond leadership control.