Conception Quote by Noam Chomsky
“Markets also have a very bad psychological effect. They drive people to a conception of themselves and society in which you're only after your own good, not the good of others and that's extremely harmful.”
About This Quote
Source Speech: Interview on Economic Psychology, 2015
The quote warns that markets can foster selfishness, eroding communal responsibility and harming society.
In simple terms: Markets can make people selfish and damage society.
Recognize and counteract selfish impulses in market behavior.
Themes
Mood
Type
When to use this quote
- business decisions
- public policy
- personal finance
- community projects
Key Concepts
Questions to Reflect On
- How does market pressure affect your sense of community?
- What steps can you take to balance self-interest with societal good?
Markets also provide incentives for cooperation and innovation.