Accounts Quote by Joseph Stiglitz

Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.

— Noam Chomsky

The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just…

— Richard Grasso

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their…

— Evan Davis

An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental…

— Henry Paulson

With government deregulation and the triumph of financial liberalization, the dangers of systemic risks, the possibility of a financial tsunami, sharply increased.

— Noam Chomsky

Just as any revolution eats its children, unchecked market fundamentalism can devour the social capital essential for the long-term dynamism of capitalism itself.

— Mark Carney

Capital, never concerned with distribution, is now less and less concerned with production. Capital is driving for power, for the control over markets, lands,…

— Eric Kierans

When capital comes into our own countries, it ought to be for, you know, a longer-term investment. If it's extremely short, hot money, we…

— Charles L. Evans

The central position of finance capital is going to come to an end, and it's going to steadily move to the sides, the margins…

— Geoff Mulgan

Deregulation is a popular term that's used across the political spectrum. And it's one of these terms like "choice," that corporate interests have used…

— Robert Waterman McChesney

With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest…

— Herbert Schiller

“In the late 1970s, growth in Western economies began to slow down and returns on capital began to decline. Governments came under pressure to…

— Jason Hickel