Alternatives Quote by John Maynard Keynes
“I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.”
About This Quote
Source Essay: The General Theory of Employment, Interest and Money, 1936
Keynes argues that while capitalism can be efficient, its moral and social costs make it problematic.
In simple terms: Capitalism can be efficient but has serious ethical issues.
Balance efficiency with ethical considerations.
Themes
Mood
Type
When to use this quote
- government policy
- business strategy
- public debate
- economic planning
Key Concepts
Questions to Reflect On
- How can we make markets more humane?
- What alternatives address capitalism’s flaws?
Efficiency alone cannot justify harmful societal impacts.