Accountability Quote by Molly Ivins
“Laws were changed and regulations repealed until an Enron can set sail without responsibility, supervision, or accountability.”
About This Quote
Source Speech: Commentary on corporate deregulation, 2001
When rules are removed, companies like Enron can operate without oversight, leading to reckless behavior.
In simple terms: Removing rules lets firms act without oversight.
Demand stronger oversight and accountability.
Themes
Mood
Type
When to use this quote
- policy making
- financial oversight
- public advocacy
Key Concepts
Questions to Reflect On
- How can we balance regulation with innovation?
- What safeguards prevent abuse?
Lack of regulation can also stifle innovation.