Capitalism Quote by Margrethe Vestager
“We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.”
About This Quote
Source Speech: European Commission, 2021
Free markets need democratic regulation to prevent law‑of‑the‑jungle outcomes.
In simple terms: Free markets need democratic rules.
Support balanced regulation.
Themes
Mood
Type
When to use this quote
- business strategy
- legislative reform
- consumer protection
Key Concepts
Questions to Reflect On
- How to balance freedom and oversight?
- What safeguards protect democracy in markets?
Regulation may stifle innovation.