--- title: "Meaning & Key Takeaway of: Market mechanisms are totally irrelevant…" description: "\"Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised.\"..." image: "https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg" --- # Market mechanisms are totally irrelevant when resources… ![“Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised.” quote by Kapil Sibal](https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg) [Download](https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg) [Open image](https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg) > “Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised.” [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Market forces are insufficient for addressing needs of marginalized groups; purposeful allocation is required. **In simple terms:** Markets alone can’t serve everyone. Key Takeaway Design policies for equity. Themes economics equity policy marginalized groups Mood thoughtful concerned Type policy economic analysis When to use this quote - healthcare - education - housing - public services Key Concepts development economics social justice Questions to Reflect On - How to balance market mechanisms with targeted aid? - What metrics evaluate equitable outcomes? A Different Perspective Markets may still be useful for efficiency. ★ ★ ★ ★ ★ No ratings yet [Investing](https://sms4smile.com/quotes/about/investing/) [Irrelevant](https://sms4smile.com/quotes/about/irrelevant/) [Irrelevant Resources](https://sms4smile.com/quotes/about/irrelevant-resources-1993760/) [Market](https://sms4smile.com/quotes/about/market/) [Market Mechanisms](https://sms4smile.com/quotes/about/market-mechanisms-926632/) [Purpose](https://sms4smile.com/quotes/about/purpose/) [Serve](https://sms4smile.com/quotes/about/serve/) [Totally Irrelevant](https://sms4smile.com/quotes/about/totally-irrelevant-1993761/) [Unserved Marginalised](https://sms4smile.com/quotes/about/unserved-marginalised-1993762/) [Used](https://sms4smile.com/quotes/about/used/) ## Related quotes > [The dissolution of the Oslo Accords would serve as the official act validating what we already know - that this failed framework is totally…](https://sms4smile.com/quotes/danny-danon/the-dissolution-of-the-oslo-accords-would-serve-as-the-official-act/) [Danny Danon](https://sms4smile.com/quotes/author/danny-danon/) > [I think the FISA court's basically totally irrelevant.](https://sms4smile.com/quotes/william-binney/i-think-the-fisa-court-s-basically-totally-irrelevant/) [William Binney](https://sms4smile.com/quotes/author/william-binney/) > [ The White House, in advancing the agenda for a \[school\] "choice" plan, rests its faith on market mechanisms. 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They…](https://sms4smile.com/quotes/shigeru-miyamoto/there-are-big-lines-between-those-who-play-video-games-and-those-who/) [Shigeru Miyamoto](https://sms4smile.com/quotes/author/shigeru-miyamoto/) > [Somebody's going to hear a song that will key in a nerve or something in their experience that represents their own vision. 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But saying…](https://sms4smile.com/quotes/kapil-sibal/you-may-dislike-what-somebody-else-has-said-that-is-perfectly-valid/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [Ever since Modi became prime minister, he has given a free rein to his ministers and BJP functionaries to create an environment of communal…](https://sms4smile.com/quotes/kapil-sibal/ever-since-modi-became-prime-minister-he-has-given-a-free-rein-to-his/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [Judges decide upon copyright law. They decide upon trademark law. They decide upon scientific issues. They decide upon very complex technical issues on a…](https://sms4smile.com/quotes/kapil-sibal/judges-decide-upon-copyright-law-they-decide-upon-trademark-law-they/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [Most of us tend to be swayed by what we read. Judges are not superhuman. They, too, are mortals. 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For far too long, India has followed a vertical approach in its…](https://sms4smile.com/quotes/kapil-sibal/to-fix-india-s-healthcare-scenario-what-is-most-needed-is-systems/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [Corruption is everywhere. It's not just in the Congress. Corruption is not just your prerogative or mine.](https://sms4smile.com/quotes/kapil-sibal/corruption-is-everywhere-it-s-not-just-in-the-congress-corruption-is/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [I believe a true Hindu in India could never have endorsed the killing of the Mahatma.](https://sms4smile.com/quotes/kapil-sibal/i-believe-a-true-hindu-in-india-could-never-have-endorsed-the-killing/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [I personally believe technology can transform the functioning of the judicial system.](https://sms4smile.com/quotes/kapil-sibal/i-personally-believe-technology-can-transform-the-functioning-of-the/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [The greater the power, the greater the responsibility in its exercise.](https://sms4smile.com/quotes/kapil-sibal/the-greater-the-power-the-greater-the-responsibility-in-its-exercise/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [While the Internet is important for us, India is also necessary for the Internet with its 1.2 billion population.](https://sms4smile.com/quotes/kapil-sibal/while-the-internet-is-important-for-us-india-is-also-necessary-for/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [To the youth who have taken up guns, I urge them to return to their parents and shun violence.](https://sms4smile.com/quotes/kapil-sibal/to-the-youth-who-have-taken-up-guns-i-urge-them-to-return-to-their/) [Kapil Sibal](https://sms4smile.com/quotes/author/kapil-sibal/) > [Cleanliness is a good thing, which the society should embrace. 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Mankins](https://sms4smile.com/quotes/author/michael-c-mankins/) > [I'll invest my money in people.](https://sms4smile.com/quotes/will-keith-kellogg/i-ll-invest-my-money-in-people/) [Will Keith Kellogg](https://sms4smile.com/quotes/author/will-keith-kellogg/) [Browse all 13,164 Investing quotes ](https://sms4smile.com/quotes/about/investing/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for the underserved, unserved, or marginalised.", "creator": { "@type": "Person", "name": "Kapil Sibal" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/kapil-sibal/market-mechanisms-are-totally-irrelevant-when-resources-are-used-to/", "about": { "@type": "Thing", "name": "Investing" }, "@id": "https://sms4smile.com/quotes/kapil-sibal/market-mechanisms-are-totally-irrelevant-when-resources-are-used-to/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg", "contentUrl": "https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg", "url": "https://sms4smile.com/quotes/i/24b/kapil-sibal-5950_investing_market-mechanisms-are-totally-irrelevant_986689.jpg", "width": 1080, "height": 1080, "caption": "“Market mechanisms are totally irrelevant when resources are used to serve a larger purpose, especially for…” — Kapil Sibal", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Kapil Sibal", "item": "https://sms4smile.com/quotes/author/kapil-sibal/" }, { "@type": "ListItem", "position": 4, "name": "Market mechanisms are totally irrelevant when...", "item": "https://sms4smile.com/quotes/kapil-sibal/market-mechanisms-are-totally-irrelevant-when-resources-are-used-to/" } ], "@id": "https://sms4smile.com/quotes/kapil-sibal/market-mechanisms-are-totally-irrelevant-when-resources-are-used-to/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```