Capitalism Quote by Martin Schulz
“In 2003, Helmut Schmidt said: Predatory capitalism exists, we have to civilize it and we can do that via Europe. He was right. We haven't tried hard enough.”
About This Quote
Source Speech: European Parliament address, 2003
He warned that unchecked predatory capitalism must be tamed through European cooperation.
In simple terms: Europe must curb predatory capitalism.
Key Takeaway
Support strong EU regulation.
Themes
economics
politics
ethics
Europe
regulation
Mood
analytical
concerned
Type
political
inspirational
When to use this quote
- policy making
- business ethics training
- consumer protection advocacy
- EU legislative reform
Key Concepts
capitalism
market abuse
social justice
Questions to Reflect On
- How can Europe enforce fair markets?
- What role should governments play?
A Different Perspective
National interests may conflict with EU unity.
![“It [predatory capitalism] is incapable of meeting human needs that can be expressed only in collective terms, and its concept of competitive man who seeks only to maximize wealth and power, who subjects himself to market relationships, to exploitation and external authority, is antihuman and…” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/660/noam-chomsky-42_capitalism_it-predatory-capitalism-is-incapable-of_3094561.jpg)
![“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy…” quote by Joseph Stalin](https://sms4smile.com/quotes/img-quotes/411/joseph-stalin-1734_capitalism_neither-italian-fascism-nor-german-natio_1430.jpg)
