--- title: "Meaning & Key Takeaway of: The legacy of unregulated wealth creation…" description: "\"“The legacy of unregulated wealth creation is bitter indeed.”\" — Tony Judt" image: "https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png" --- # The legacy of unregulated wealth creation is bitter indeed. ![“The legacy of unregulated wealth creation is bitter indeed.” quote by Tony Judt](https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png) [Download](https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png) [Open image](https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png) > ““The legacy of unregulated wealth creation is bitter indeed.”” [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Unregulated wealth creates deep social bitterness and inequality. **In simple terms:** Riches without rules cause resentment. Key Takeaway Address wealth regulation. Themes wealth inequality regulation social tension Mood critical thoughtful Type analytical philosophical When to use this quote - tax reform - social welfare programs - public discourse - corporate governance Key Concepts economic policy political theory Questions to Reflect On - What policies balance growth and fairness? - How does wealth affect social cohesion? A Different Perspective Regulation may stifle innovation. ★ ★ ★ ★ ★ No ratings yet [Money](https://sms4smile.com/quotes/about/money/) [Wealth](https://sms4smile.com/quotes/about/wealth/) [Wealth creation](https://sms4smile.com/quotes/about/wealth-creation/) ## Related quotes > [“Suicide during a state of temporary insanity,” is passed, have been caused by long and hopeless brooding on the “nothingness of the Universe” —…](https://sms4smile.com/quotes/marie-corelli/suicide-during-a-state-of-temporary-insanity-is-passed-have-been/) [Marie Corelli](https://sms4smile.com/quotes/author/marie-corelli/) > [“Something is profoundly wrong with the way we live today. For thirty years we have made a virtue out of the pursuit of material…](https://sms4smile.com/quotes/tony-judt/something-is-profoundly-wrong-with-the-way-we-live-today-for-thirty-2/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“The materialistic and selfish quality of contemporary life is not inherent in the human condition. Much of what appears ‘natural’ today dates from the…](https://sms4smile.com/quotes/tony-judt/the-materialistic-and-selfish-quality-of-contemporary-life-is-not/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“When you put your passion into your desire, when it becomes a fire that threatens to consume you unless you have it, then your…](https://sms4smile.com/quotes/stephen-richards/when-you-put-your-passion-into-your-desire-when-it-becomes-a-fire/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“Success in life depends upon happiness, and happiness is found in no other way than through SERVICE that is rendered in a spirit of…](https://sms4smile.com/quotes/napoleon-hill/success-in-life-depends-upon-happiness-and-happiness-is-found-in-no/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [“Only when that time is converted can you produce something from it. You can only make wealth from a time well converted.”](https://sms4smile.com/quotes/sunday-adelaja/only-when-that-time-is-converted-can-you-produce-something-from-it/) [Sunday Adelaja](https://sms4smile.com/quotes/author/sunday-adelaja/) > [“When you accomplish the impossible then you can achieve anything.”](https://sms4smile.com/quotes/stephen-richards/when-you-accomplish-the-impossible-then-you-can-achieve-anything/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“Even though your thinking might not be right for others, just so long as it's right for you then that's all what matters.”](https://sms4smile.com/quotes/stephen-richards/even-though-your-thinking-might-not-be-right-for-others-just-so-long/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“Once we open our eyes to the infinite magic that the universe has in abundance, we are sure to be enthralled by what we…](https://sms4smile.com/quotes/stephen-richards/once-we-open-our-eyes-to-the-infinite-magic-that-the-universe-has-in/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“Whatever belief we have actually stems from the thankfulness that we feel and this feeling further attracts more happy feelings towards us.”](https://sms4smile.com/quotes/stephen-richards/whatever-belief-we-have-actually-stems-from-the-thankfulness-that-we/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“The recession, which started in 2007, is ongoing. The underlying fundamental causes of the meltdown have not been addressed. Banks are still not lending.…](https://sms4smile.com/quotes/ziad-k-abdelnour/the-recession-which-started-in-2007-is-ongoing-the-underlying/) [Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/) > [“In business, cash is seasonal, but in real estate, cash is scheduled.”](https://sms4smile.com/quotes/olawale-daniel/in-business-cash-is-seasonal-but-in-real-estate-cash-is-scheduled/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [“Root cause of inequality is the mass scale digital disruption advantage as means of wealth creation is concentrated.”](https://sms4smile.com/quotes/ziad-k-abdelnour/root-cause-of-inequality-is-the-mass-scale-digital-disruption/) [Ziad K. Abdelnour](https://sms4smile.com/quotes/author/ziad-k-abdelnour/) > [“Just as the universe is in constant flux, so too are we in constant change, and we must accept that.”](https://sms4smile.com/quotes/stephen-richards/just-as-the-universe-is-in-constant-flux-so-too-are-we-in-constant/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) > [“To control your life, control your mind. To control your mind, control your breath.”](https://sms4smile.com/quotes/stephen-richards/to-control-your-life-control-your-mind-to-control-your-mind-control/) [Stephen Richards](https://sms4smile.com/quotes/author/stephen-richards/) ## More by Tony Judt > [I don't believe in an afterlife. I don't believe in a single or multiple godhead. I respect people who do, but I don't believe…](https://sms4smile.com/quotes/tony-judt/i-don-t-believe-in-an-afterlife-i-don-t-believe-in-a-single-or/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Markets do not automatically generate trust, cooperation or collective action for the common good. Quite the contrary: it is in the nature of economic…](https://sms4smile.com/quotes/tony-judt/markets-do-not-automatically-generate-trust-cooperation-or-collective/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“ Lieux de memoire . . . 'exist because there are no longer any milieux de memoire , settings in which memory is a…](https://sms4smile.com/quotes/tony-judt/lieux-de-memoire-exist-because-there-are-no-longer-any-milieux-de/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Keynes died in 1946, exhausted by his wartime efforts. But he had long since demonstrated that neither capitalism nor liberalism would survive very long…](https://sms4smile.com/quotes/tony-judt/keynes-died-in-1946-exhausted-by-his-wartime-efforts-but-he-had-long/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [The Second World War had a precipitating effect in that it discredited the empires, as well as bankrupting them. Not only could you no…](https://sms4smile.com/quotes/tony-judt/the-second-world-war-had-a-precipitating-effect-in-that-it/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“That the state might exceed its remit and damage the market by distorting its operations was not taken very seriously in these years.”](https://sms4smile.com/quotes/tony-judt/that-the-state-might-exceed-its-remit-and-damage-the-market-by/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Whatever their other differences, French Gaullists, Christian Democrats and Socialists shared a common faith in the activist state, economic planning and large-scale public investment.…](https://sms4smile.com/quotes/tony-judt/whatever-their-other-differences-french-gaullists-christian-democrats/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [I think if I'm controversial it's not because I set out to be. It's because I've never felt comfortable being part of someone else's…](https://sms4smile.com/quotes/tony-judt/i-think-if-i-m-controversial-it-s-not-because-i-set-out-to-be-it-s/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“This reduction of 'society' to a thin membrane of interactions between private individuals is presented today as the ambition of libertarians and free marketeers.…](https://sms4smile.com/quotes/tony-judt/this-reduction-of-society-to-a-thin-membrane-of-interactions-between/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Something is profoundly wrong with the way we live today. For thirty years we have made a virtue out of the pursuit of material…](https://sms4smile.com/quotes/tony-judt/something-is-profoundly-wrong-with-the-way-we-live-today-for-thirty/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Today, neither Left nor Right can find their footing.”](https://sms4smile.com/quotes/tony-judt/today-neither-left-nor-right-can-find-their-footing/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [We have responsibilities for others, not just across space but across time. We have responsibilities to people who came before us. They left us…](https://sms4smile.com/quotes/tony-judt/we-have-responsibilities-for-others-not-just-across-space-but-across/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“What did trust, cooperation, progressive taxation and the interventionist state bequeath to western societies in the decades following 1945? The short answer is, in…](https://sms4smile.com/quotes/tony-judt/what-did-trust-cooperation-progressive-taxation-and-the/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [Healthcare reform is a paradigmatic case. It is self-evidently necessary and inevitable and has been on the agenda for 35 years, and the political…](https://sms4smile.com/quotes/tony-judt/healthcare-reform-is-a-paradigmatic-case-it-is-self-evidently/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) > [“Inequality is corrosive. It rots societies from within.”](https://sms4smile.com/quotes/tony-judt/inequality-is-corrosive-it-rots-societies-from-within/) [Tony Judt](https://sms4smile.com/quotes/author/tony-judt/) [Explore all 211 Tony Judt quotes ](https://sms4smile.com/quotes/author/tony-judt/) ## More Money quotes > [You've got to tell your money what to do or it will leave.](https://sms4smile.com/quotes/dave-ramsey/you-ve-got-to-tell-your-money-what-to-do-or-it-will-leave/) [Dave Ramsey](https://sms4smile.com/quotes/author/dave-ramsey/) > [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/) > [If I had a dollar for every time I couldn’t sleep, I could buy a billion locks and finally read a book in peace.](https://sms4smile.com/quotes/aesop-rock/if-i-had-a-dollar-for-every-time-i-couldn-t-sleep-i-could-buy-a/) [Aesop Rock](https://sms4smile.com/quotes/author/aesop-rock/) > [Money is the kind of instrument which is very speedily produced.](https://sms4smile.com/quotes/anatoly-chubais/money-is-the-kind-of-instrument-which-is-very-speedily-produced/) [Anatoly Chubais](https://sms4smile.com/quotes/author/anatoly-chubais/) > [I would borrow money all day long, if the cost of borrowing is less than the expected return.](https://sms4smile.com/quotes/brad-schneider/i-would-borrow-money-all-day-long-if-the-cost-of-borrowing-is-less/) [Brad Schneider](https://sms4smile.com/quotes/author/brad-schneider/) > [If you restore a car, and you're making money, then you're doing it wrong.](https://sms4smile.com/quotes/jay-leno/if-you-restore-a-car-and-you-re-making-money-then-you-re-doing-it/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [Maybe you can,t buy a big house.. A new car.. A huge diamond ring.. But if you have just one true friend who loves…](https://sms4smile.com/quotes/cathy/maybe-you-can-t-buy-a-big-house-a-new-car-a-huge-diamond-ring-but-if/) Cathy > [“Don't allow money to become the yardstick by which you measure the worth of the world around you!”](https://sms4smile.com/quotes/andrew-james-pritchard/don-t-allow-money-to-become-the-yardstick-by-which-you-measure-the/) [Andrew James Pritchard](https://sms4smile.com/quotes/author/andrew-james-pritchard/) > [Academically, I was never that interested. I skipped classes. My biggest dream was to have a coffee shop, but I had no idea how…](https://sms4smile.com/quotes/daniel-espinosa/academically-i-was-never-that-interested-i-skipped-classes-my-biggest/) [Daniel Espinosa](https://sms4smile.com/quotes/author/daniel-espinosa/) > [Amongst the financial Twitterati, the term 'muppets' has come to describe any client used and abused by some financial predator. I've adopted the term…](https://sms4smile.com/quotes/barry-ritholtz/amongst-the-financial-twitterati-the-term-muppets-has-come-to/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [I doubt that we Americans can come to terms with our money neuroses without understanding the more florid pathology of the very rich for…](https://sms4smile.com/quotes/philip-slater/i-doubt-that-we-americans-can-come-to-terms-with-our-money-neuroses/) [Philip Slater](https://sms4smile.com/quotes/author/philip-slater/) > [“The writer must earn money in order to be able to live and to write, but he must by no means live and write…](https://sms4smile.com/quotes/jeff-goins/the-writer-must-earn-money-in-order-to-be-able-to-live-and-to-write/) [Jeff Goins](https://sms4smile.com/quotes/author/jeff-goins/) > [Jobs and money are never the primary cause of stress. Thinking, negative thinking causes stress. The real cause of all problems lie in our…](https://sms4smile.com/quotes/bob-proctor/jobs-and-money-are-never-the-primary-cause-of-stress-thinking/) [Bob Proctor](https://sms4smile.com/quotes/author/bob-proctor/) > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The man who works for the gold in the job rather than for the money in the pay envelope, is the fellow who gets…](https://sms4smile.com/quotes/joseph-french-johnson/the-man-who-works-for-the-gold-in-the-job-rather-than-for-the-money/) Joseph French Johnson [Browse all 45,172 Money quotes ](https://sms4smile.com/quotes/about/money/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“The legacy of unregulated wealth creation is bitter indeed.”", "creator": { "@type": "Person", "name": "Tony Judt" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/tony-judt/the-legacy-of-unregulated-wealth-creation-is-bitter-indeed/", "about": { "@type": "Thing", "name": "Money" }, "@id": "https://sms4smile.com/quotes/tony-judt/the-legacy-of-unregulated-wealth-creation-is-bitter-indeed/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png", "contentUrl": "https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png", "url": "https://sms4smile.com/quotes/i/461/tony-judt-1730_money_the-legacy-of-unregulated-wealth-creatio_1067512.png", "width": 1080, "height": 1080, "caption": "“The legacy of unregulated wealth creation is bitter indeed.” — Tony Judt", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Tony Judt", "item": "https://sms4smile.com/quotes/author/tony-judt/" }, { "@type": "ListItem", "position": 4, "name": "“The legacy of unregulated wealth creation...", "item": "https://sms4smile.com/quotes/tony-judt/the-legacy-of-unregulated-wealth-creation-is-bitter-indeed/" } ], "@id": "https://sms4smile.com/quotes/tony-judt/the-legacy-of-unregulated-wealth-creation-is-bitter-indeed/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```