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Capitalism Quote by Mark Carney

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

About This Quote

Source Speech: Financial Stability Forum, 2019

Unchecked market fundamentalism erodes social trust and resources, threatening capitalism’s long‑term vitality.

In simple terms: Market excess harms social capital and future growth.

Key Takeaway

Balance markets with social safeguards.

Themes

economics politics capitalism social capital risk

Mood

cautious analytical

Type

policy critical

When to use this quote

  • government regulation
  • corporate governance
  • community development
  • investment strategy

Key Concepts

market dynamics public policy sustainability

Questions to Reflect On

  • How can societies protect social capital while fostering innovation?
  • What policies best curb market excesses?
A Different Perspective

Economic growth may slow if reforms are resisted.

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