19th century Quote by Michael Moore
“Here's what I don't think works: An economic system that was founded in the 16th century and another that was founded in the 19th century. I'm tired of this discussion of capitalism and socialism; we live in the 21st century; we need an economic system that has democracy as its underpinnings and an ethical code.”
About This Quote
Source Interview: Economic Futures, 2023
Modern economies need democratic foundations and ethical standards, not outdated capitalism or socialism.
In simple terms: Democracy and ethics should guide modern economics.
Key Takeaway
Advocate for democratic, ethical economic models.
Themes
economics
democracy
ethics
Mood
critical
thought‑provoking
Type
analytical
philosophical
When to use this quote
- policy making
- business strategy
- public discourse
Key Concepts
systems theory
social justice
Questions to Reflect On
- What democratic principles should shape economics?
- How to embed ethics in markets?
A Different Perspective
Transitioning systems is complex and may face resistance.
![“. . . Luddites were those frenzied traditionalists of the early 19th century who toured [England] wrecking new weaving machines on the theory that if they were destroyed . . . old jobs and old ways of life could be preserved . . . At certain times in his life each man is tempted to become a…” quote by James A. Michener](https://sms4smile.com/quotes/img-quotes/182/james-a-michener-1627_19th-century_luddites-were-those-frenzied-traditional_76909.jpg)
