--- title: "Meaning & Key Takeaway of: …the globalization that characterizes…" description: "\"…the globalization that characterizes today's economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers...." image: "https://sms4smile.com/quotes/i/acc/patricio-aylwin-94887_accounts_the-globalization-that-characterizes-tod_2172882.jpg" --- # …the globalization that characterizes today's economics… ![“…the globalization that characterizes today's economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations…” quote by Patricio Aylwin](https://sms4smile.com/quotes/i/acc/patricio-aylwin-94887_accounts_the-globalization-that-characterizes-tod_2172882.jpg) [Download](https://sms4smile.com/quotes/i/acc/patricio-aylwin-94887_accounts_the-globalization-that-characterizes-tod_2172882.jpg) [Open image](https://sms4smile.com/quotes/i/acc/patricio-aylwin-94887_accounts_the-globalization-that-characterizes-tod_2172882.jpg) > “…the globalization that characterizes today's economics goes beyond or eludes the sovereignty of individual states, and thus the power of their rulers. It is not they, but rather financial groups in control of vast amounts of capital, who decide upon their vertiginous passage through nations, without taking into account the serious crises they might generate.” Patricio Aylwin ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Global finance often overrides national sovereignty, shaping policy without regard for crises **In simple terms:** Financial elites control capital flows, influencing nations beyond their borders Key Takeaway Advocate for transparent, accountable economic governance Themes globalization finance sovereignty Mood critical analytical Type analysis policy When to use this quote - international trade - national budgeting - regulatory reform Key Concepts capital control policy influence Questions to Reflect On - What mechanisms can restore democratic control over finance? - How do citizens impact global financial decisions? A Different Perspective Complex dynamics may vary by region and era ★ ★ ★ ★ ★ No ratings yet [Crisis](https://sms4smile.com/quotes/about/crisis/) [Decide upon](https://sms4smile.com/quotes/about/decide-upon/) [Economic globalization](https://sms4smile.com/quotes/about/economic-globalization/) [Economics](https://sms4smile.com/quotes/about/economics/) [Globalization](https://sms4smile.com/quotes/about/globalization/) [Individual](https://sms4smile.com/quotes/about/individual/) [Nations](https://sms4smile.com/quotes/about/nations/) [Rulers](https://sms4smile.com/quotes/about/rulers/) [Sovereignty](https://sms4smile.com/quotes/about/sovereignty/) [Today](https://sms4smile.com/quotes/about/today/) ## Related quotes > [Warned by the disaster of the last great war, the statesmen of all nations have been taking measures to prevent the return of another…](https://sms4smile.com/quotes/frank-b-kellogg/warned-by-the-disaster-of-the-last-great-war-the-statesmen-of-all/) [Frank B. Kellogg](https://sms4smile.com/quotes/author/frank-b-kellogg/) > [A share in the sovereignty of the state, which is exercised by the citizens at large, in voting at elections is one of the…](https://sms4smile.com/quotes/alexander-hamilton/a-share-in-the-sovereignty-of-the-state-which-is-exercised-by-the-2/) [Alexander Hamilton](https://sms4smile.com/quotes/author/alexander-hamilton/) > [To damage the sovereignty of the individual is to replace a community inspired by love, benevolence, and beauty by another based solely on power.](https://sms4smile.com/quotes/anwar-sadat/to-damage-the-sovereignty-of-the-individual-is-to-replace-a-community/) [Anwar Sadat](https://sms4smile.com/quotes/author/anwar-sadat/) > [Liberty is the sovereignty of the individual.](https://sms4smile.com/quotes/josiah-warren/liberty-is-the-sovereignty-of-the-individual/) [Josiah Warren](https://sms4smile.com/quotes/author/josiah-warren/) > [There is only one social system that reflects the sovereignty of the individual: the free-market, or capitalist, system.](https://sms4smile.com/quotes/william-e-simon/there-is-only-one-social-system-that-reflects-the-sovereignty-of-the/) [William E. 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In order to make progress, one must leave the door to the unknown ajar ajar only.](https://sms4smile.com/quotes/richard-p-feynman/to-decide-upon-the-answer-is-not-scientific-in-order-to-make-progress/) [Richard P. Feynman](https://sms4smile.com/quotes/author/richard-p-feynman/) > [Even in the life of a Christian, faith rises and falls like the tides of an invisible sea. It's there, even when he can't…](https://sms4smile.com/quotes/flannery-o-connor/even-in-the-life-of-a-christian-faith-rises-and-falls-like-the-tides/) [Flannery O'Connor](https://sms4smile.com/quotes/author/flannery-o-connor/) > [Peace has its victories, but it takes brave men and women to win them.](https://sms4smile.com/quotes/ralph-waldo-emerson/peace-has-its-victories-but-it-takes-brave-men-and-women-to-win-them/) [Ralph Waldo Emerson](https://sms4smile.com/quotes/author/ralph-waldo-emerson/) > [Men generally decide upon a middle course, which is most hazardous, for they know neither how to be entirely good nor entirely bad.](https://sms4smile.com/quotes/niccolo-machiavelli/men-generally-decide-upon-a-middle-course-which-is-most-hazardous-for/) [Niccolo Machiavelli](https://sms4smile.com/quotes/author/niccolo-machiavelli/) ## More by Patricio Aylwin > [...ordinary men and women may often feel unmotivated to exert their citizenship, either because they cannot tell the difference between the different alternatives, or…](https://sms4smile.com/quotes/patricio-aylwin/ordinary-men-and-women-may-often-feel-unmotivated-to-exert-their/) Patricio Aylwin Explore all 2 Patricio Aylwin quotes ## More Accounts quotes > [I think most artists feel like they're outside society - no matter how many accolades they receive, or how much money is in your…](https://sms4smile.com/quotes/aaron-rose/i-think-most-artists-feel-like-they-re-outside-society-no-matter-how/) [Aaron Rose](https://sms4smile.com/quotes/author/aaron-rose/) > [Think of these things, whence you came, where you are going, and to whom you must account.](https://sms4smile.com/quotes/benjamin-franklin/think-of-these-things-whence-you-came-where-you-are-going-and-to-whom/) [Benjamin Franklin](https://sms4smile.com/quotes/author/benjamin-franklin/) > [Believing with you that religion is a matter which lies solely between man and his God, that he owes account to none other for…](https://sms4smile.com/quotes/thomas-jefferson/believing-with-you-that-religion-is-a-matter-which-lies-solely/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [There is nothing that we can properly call our own but our time, and yet everybody fools us out of it who has a…](https://sms4smile.com/quotes/seneca-the-younger/there-is-nothing-that-we-can-properly-call-our-own-but-our-time-and/) [Seneca the Younger](https://sms4smile.com/quotes/author/seneca-the-younger/) > [The Hindus have a peculiar slovenliness in business matters, not being sufficiently methodical and strict in keeping accounts etc.](https://sms4smile.com/quotes/swami-vivekananda/the-hindus-have-a-peculiar-slovenliness-in-business-matters-not-being/) [Swami Vivekananda](https://sms4smile.com/quotes/author/swami-vivekananda/) > [With the Truman book, I wrote the entire account of his experiences in World War I before going over to Europe to follow his…](https://sms4smile.com/quotes/david-mccullough/with-the-truman-book-i-wrote-the-entire-account-of-his-experiences-in/) [David McCullough](https://sms4smile.com/quotes/author/david-mccullough/) > [A great read; an exciting, frightening account of organized crime today. 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