A Quote by Noreena Hertz

I have problems with this very extreme form of capitalism where the pendulum has swung so far in one direction, where the focus is completely on the short term, and no one is thinking about the consequences.

Noreena Hertz

Quote Topics

About Capitalism Consequences Direction Extreme Far Focus Form One Direction Pendulum Problems Short Short Term Term Thinking Very

Quote Author

Noreena Hertz
English - Author
Born: September 24, 1967

It's only fashion that has said the pendulum has swung from extreme skepticism about extraterrestrial life to extreme credulity. The truth is somewhere in between.

Paul Davies

The constant drive for campaign dollars has distorted decision-making in Washington, DC, to the point where our systems can no longer effectively address complex, long-term problems like the climate crisis. Which brings me to my other major concern - the short-term focus of capitalism. It distorts the allocation of resources and the decision-making processes of companies.

Al Gore

Poor decision making in government; the tragedy of short-term economic thinking; our national housing crisis: these are real 21st Century problems for our country. They are problems that can only be solved by genuinely fearless thinking about our natural environment.

Barry Gardiner

From Gorbachev to Yeltsin, the pendulum swung one way; now, Putin has pushed it very far in the opposite direction, and the backlash is inevitable. So I think the year 2042 could be quite interesting. Specifically, I think today's reactionary policy will end in total failure and the need for a new perestroika; there will be a "time of troubles," which may well end in the disintegration of Russia.

Vladimir Voinovich

Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.

John Hull

I truly believe that capitalism was created to help people live better lives, but sadly over the years it has lost its way a bit. The short-term focus on profit has driven most businesses to forget about the important long-term role they have in taking care of people and the planet.

Richard Branson

People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.

Robert Kiyosaki

The most self-disciplined people in the world aren't born with it, but at one point they start to think differently about self discipline. Easy, short-term choices lead to different long-term consequences. Difficult short-term choices lead to easy long-term consequences. What we thought was the easy way led to a much more difficult life. I think that motivation is sort of like a unicorn that people chance like a magic pill that will make them suddenly want to work hard. It's not out there.

Rory Vaden

In the early 1980s, the government of New Zealand fell into the hands of true believers, globalist believers, and they embraced the theory of inevitability perhaps more completely than anybody else. And it solved in the very short term some of their debt problems, but in the medium- and long-term, it left them in real economic trouble.

John Ralston Saul

For liberals, the observation that 'the peasants are revolting' is a pun. For conservatives, it is cause for uncharacteristic optimism. No matter how far the ideological pendulum swings in the short term, in the end the bedrock common sense of the American people will prevail.

Charles Krauthammer

It had a very long pendulum, and the pendulum swung with a slow tick-tock that set his teeth on edge, because it was the the kind of delibrate, annoying ticking that wanted to make it abundantly clear that every tick and every tock was stripping another second off your life.

Terry Pratchett

I focused my mind and energies on short-term Trump problems, which allowed me to avoid thinking about my own long-term Trump problem of having given him the benefit of the doubt for more than a decade, despite having many reasons not to.

Omarosa Manigault Newman

This is bad for policy-making - if you cover up the problems, how can you solve them? It also corrodes public trust. Government must be much more honest about the challenges facing the country, if we are to begin to tackle them. Short-term spin must give way to proper long-term strategic thinking.

Dominic Grieve

The short-term problems are economic - royalties, unions, irresponsible management. The long-term problems are artistic, and they started 40 years ago with the advent of television and the upgrading of films.

Emanuel Azenberg

Outsourcing, in and of itself, isn't responsible for the erosion of America's high tech infrastructure. The short-term thinking that led to a lot of bad outsourcing decisions is the root cause. And short-term thinking isn't a problem confined to the executive suite. It's a problem in Washington and in our society as a whole.