--- title: "Meaning & Key Takeaway of: We, the Social Democrats, are convinced…" description: "\"We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades wi..." image: "https://sms4smile.com/quotes/i/1c4/sigmar-gabriel-14684_capitalism_we-the-social-democrats-are-convinced-th_683092.jpg" --- # We, the Social Democrats, are convinced that capitalism… ![“We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.” quote by Sigmar Gabriel](https://sms4smile.com/quotes/i/1c4/sigmar-gabriel-14684_capitalism_we-the-social-democrats-are-convinced-th_683092.jpg) [Download](https://sms4smile.com/quotes/i/1c4/sigmar-gabriel-14684_capitalism_we-the-social-democrats-are-convinced-th_683092.jpg) [Open image](https://sms4smile.com/quotes/i/1c4/sigmar-gabriel-14684_capitalism_we-the-social-democrats-are-convinced-th_683092.jpg) > “We, the Social Democrats, are convinced that capitalism needs to be tamed a second time. The first time we achieved that in Germany for many decades with the social market economy. That is no longer enough. Now we need to do it in Europe and even globally.” [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Capitalism has been regulated once in Germany; now it needs a second regulation at European and global levels. **In simple terms:** Capitalism requires renewed oversight beyond national borders. Key Takeaway Advocate for broader economic regulation. Themes economics politics global governance Mood concerned determined Type political analytical When to use this quote - EU policy - international trade - climate policy - financial markets Key Concepts social market economy regulatory frameworks Questions to Reflect On - How can nations cooperate on economic regulation? - What risks arise without global oversight? A Different Perspective Implementation faces political resistance and coordination challenges. ★ ★ ★ ★ ★ No ratings yet [Capitalism](https://sms4smile.com/quotes/about/capitalism/) [Democrat](https://sms4smile.com/quotes/about/democrat/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Europe](https://sms4smile.com/quotes/about/europe/) [Germany](https://sms4smile.com/quotes/about/germany/) [Investing](https://sms4smile.com/quotes/about/investing/) [Market economy](https://sms4smile.com/quotes/about/market-economy/) [Social](https://sms4smile.com/quotes/about/social/) [Time](https://sms4smile.com/quotes/about/time/) ## Related quotes > [I'm convinced more than ever that capitalism, with its technological development, has not been an advance toward freedom but has been an enormous setback…](https://sms4smile.com/quotes/murray-bookchin/i-m-convinced-more-than-ever-that-capitalism-with-its-technological/) [Murray Bookchin](https://sms4smile.com/quotes/author/murray-bookchin/) > [I'm by no means convinced that capitalism and the development of technology has made anarchism easier.](https://sms4smile.com/quotes/murray-bookchin/i-m-by-no-means-convinced-that-capitalism-and-the-development-of/) [Murray Bookchin](https://sms4smile.com/quotes/author/murray-bookchin/) > [What we need in Europe is to push back against the idea that religion is so farfetched that it's not worth talking about.](https://sms4smile.com/quotes/francis-spufford/what-we-need-in-europe-is-to-push-back-against-the-idea-that-religion/) [Francis Spufford](https://sms4smile.com/quotes/author/francis-spufford/) > [We all need Europe, not just those of us in Europe. 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Debs](https://sms4smile.com/quotes/author/eugene-v-debs/) > [“What kind of men, then, does our society need? What is the "social character" suited to twentieth century Capitalism? It needs men who co-operate…](https://sms4smile.com/quotes/erich-fromm/what-kind-of-men-then-does-our-society-need-what-is-the-social/) [Erich Fromm](https://sms4smile.com/quotes/author/erich-fromm/) > [The main argument is that capitalism is constituted by a varied of different practices, and so challenging capitalism needs to be about a variety…](https://sms4smile.com/quotes/cynthia-kauffman/the-main-argument-is-that-capitalism-is-constituted-by-a-varied-of/) [Cynthia Kauffman](https://sms4smile.com/quotes/author/cynthia-kauffman/) ## More by Sigmar Gabriel > [Maybe it is the last chance for Europe to influence standards for world trade. Next it will be between the US and the Asia-Pacific…](https://sms4smile.com/quotes/sigmar-gabriel/maybe-it-is-the-last-chance-for-europe-to-influence-standards-for/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and…](https://sms4smile.com/quotes/sigmar-gabriel/taming-the-financial-markets-and-winning-back-democratic-control-over/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [In the past, Germany could rely on the French, the British and, especially, the Americans, to assert our interests in the world. 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Even with every conceivable and warranted criticism, the danger…](https://sms4smile.com/quotes/sigmar-gabriel/finding-the-right-form-of-debate-regarding-israeli-policies-will/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [Political scientist Herfried Münkler is right: If you only take normative positions, if your focus is solely on values, you won't find success in…](https://sms4smile.com/quotes/sigmar-gabriel/political-scientist-herfried-m-nkler-is-right-if-you-only-take/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [The production of natural resources in agriculture, forestry and fisheries, stable natural hydrological cycles, fertile soils, a balanced climate and numerous other vital ecosystem…](https://sms4smile.com/quotes/sigmar-gabriel/the-production-of-natural-resources-in-agriculture-forestry-and/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [It isn't easy for everyone in Germany to make ends meet through well-paid work in Germany. 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Thus far, we have often defined European values,…](https://sms4smile.com/quotes/sigmar-gabriel/it-is-clear-that-germany-needs-a-foreign-policy-in-which-we-jointly/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) > [Without sound conservation and management measures, fisheries will quickly become depleted and a basic component of global food security will be lost.](https://sms4smile.com/quotes/sigmar-gabriel/without-sound-conservation-and-management-measures-fisheries-will/) [Sigmar Gabriel](https://sms4smile.com/quotes/author/sigmar-gabriel/) [Explore all 45 Sigmar Gabriel quotes ](https://sms4smile.com/quotes/author/sigmar-gabriel/) ## More Capitalism quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.](https://sms4smile.com/quotes/alan-greenspan/crony-capitalism-is-essentially-a-condition-in-which-public-officials/) [Alan Greenspan](https://sms4smile.com/quotes/author/alan-greenspan/) > [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [There is only one party in the United States, the Property Party...and it has two right wings: Republican and Democrat. Republicans are a bit…](https://sms4smile.com/quotes/gore-vidal/there-is-only-one-party-in-the-united-states-the-property-party-and/) [Gore Vidal](https://sms4smile.com/quotes/author/gore-vidal/) > [ Neither Italian fascism nor German national "socialism" have anything in common with such a \[Soviet socialistic\] society, primarily because private ownership of factories, plants,… ](https://sms4smile.com/quotes/joseph-stalin/neither-italian-fascism-nor-german-national-socialism-have-anything/) [Joseph Stalin](https://sms4smile.com/quotes/author/joseph-stalin/) > [Corporations have nothing to do with values, and they know it, and sometimes say it.](https://sms4smile.com/quotes/eric-kierans/corporations-have-nothing-to-do-with-values-and-they-know-it-and/) [Eric Kierans](https://sms4smile.com/quotes/author/eric-kierans/) > [Both fact and logic seem to me to support the view that savings invested in privately owned economic tools of production amount to an…](https://sms4smile.com/quotes/f-a-harper/both-fact-and-logic-seem-to-me-to-support-the-view-that-savings/) F. 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Harper > [The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except…](https://sms4smile.com/quotes/anonymous/the-free-market-is-ugly-and-stupid-like-going-to-the-mall-the-unfree/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Capitalism, communism ... it's all garbage.](https://sms4smile.com/quotes/mstislav-rostropovich/capitalism-communism-it-s-all-garbage/) [Mstislav Rostropovich](https://sms4smile.com/quotes/author/mstislav-rostropovich/) > [There are no two countries with the same style of economic mechanism, with the same capitalism.](https://sms4smile.com/quotes/anatoly-chubais/there-are-no-two-countries-with-the-same-style-of-economic-mechanism/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [It is more than a little ironic that "capital accumulation" once a rather tendentious Marxian view of a supposed capitalist obsession, should have become…](https://sms4smile.com/quotes/robert-kuttner/it-is-more-than-a-little-ironic-that-capital-accumulation-once-a/) [Robert Kuttner](https://sms4smile.com/quotes/author/robert-kuttner/) > [Historically, usury was defined as any interest whatever on an unproductive loan.Our whole banking system I have ever abhorred, I continue to abhor, and…](https://sms4smile.com/quotes/john-adams/historically-usury-was-defined-as-any-interest-whatever-on-an/) [John Adams](https://sms4smile.com/quotes/author/john-adams/) > [Socialism is humanity's second nature. 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