Capitalism Quote by John C. Bogle
“The malfeasance and misjudgments by our corporate, financial and government leaders, declining ethical standards, and the failure of our new agency society reflect a failure of capitalism.”
About This Quote
Source Book: Common Sense on Mutual Funds, John C. Bogle, 1999
Leaders' ethical lapses and agency failures expose capitalism's flaws.
In simple terms: Leaders' failures show capitalism's problems.
Demand ethical accountability.
Themes
Mood
Type
When to use this quote
- investment decisions
- regulatory reform
- public discourse
Key Concepts
Questions to Reflect On
- How can we improve corporate ethics?
- What reforms are most effective?
Capitalism also drives innovation and growth.