--- title: "Meaning & Key Takeaway of: Contrary to the received wisdom, global…" description: "\"Contrary to the received wisdom, global markets are not unregulated. They are regulated to produce inequality.\" — Kevin Watkins" image: "https://sms4smile.com/quotes/i/19d/kevin-watkins-76853_contrary_contrary-to-the-received-wisdom-global-m_1638173.png" --- # Contrary to the received wisdom, global markets are not… ![“Contrary to the received wisdom, global markets are not unregulated. They are regulated to produce inequality.” quote by Kevin Watkins](https://sms4smile.com/quotes/i/19d/kevin-watkins-76853_contrary_contrary-to-the-received-wisdom-global-m_1638173.png) [Download](https://sms4smile.com/quotes/i/19d/kevin-watkins-76853_contrary_contrary-to-the-received-wisdom-global-m_1638173.png) [Open image](https://sms4smile.com/quotes/i/19d/kevin-watkins-76853_contrary_contrary-to-the-received-wisdom-global-m_1638173.png) > “Contrary to the received wisdom, global markets are not unregulated. They are regulated to produce inequality.” Kevin Watkins ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Markets are regulated, but regulations often favor the powerful, creating inequality. **In simple terms:** Regulation can produce inequality. Key Takeaway Critique regulatory capture. Themes economics inequality policy Mood analytical concerned Type academic critical When to use this quote - policy reform - economic analysis - activism Key Concepts regulatory capture market dynamics social justice Questions to Reflect On - How can regulation be made fair? - What reforms reduce inequality? A Different Perspective Regulation can also protect consumers. ★ ★ ★ ★ ★ No ratings yet [Global market](https://sms4smile.com/quotes/about/global-market/) [Globalization](https://sms4smile.com/quotes/about/globalization/) [Inequality](https://sms4smile.com/quotes/about/inequality/) [Inspirational](https://sms4smile.com/quotes/about/inspirational/) [Investing](https://sms4smile.com/quotes/about/investing/) [Wisdom](https://sms4smile.com/quotes/about/wisdom/) ## Related quotes > [“In the twenty-first century, the winners will be those who stay ahead of the change curve, constantly redefining their industries, creating new markets, blazing…](https://sms4smile.com/quotes/rowan-gibson/in-the-twenty-first-century-the-winners-will-be-those-who-stay-ahead/) [Rowan Gibson](https://sms4smile.com/quotes/author/rowan-gibson/) > [ Once you start moving \[market\] lower, then you trigger of all sorts of things. 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