A Quote by Will Hutton

The great challenge of the twentieth century ... is to create a new financial architecture in which private decisions produce a less degenerate capitalism.

Will Hutton

Quote Topics

Architecture Capitalism Century Challenge Create Decisions Degenerate Financial Great Less New Private Produce Twentieth Twentieth Century Which

Quote Author

Will Hutton
British - Economist
Born: May 21, 1950

In the nineteenth century, the central moral challenge was slavery. In the twentieth century, it was the battle against totalitarianism. We believe that in this century the paramount moral challenge will be the struggle for gender equality around the world.

Nicholas D. Kristof

On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy.

Carroll Quigley

The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.

Carroll Quigley

The nineteenth century planted the words which the twentieth century ripened into the atrocities of Stalin and Hitler. There is hardly an atrocity committed in the twentieth century that was not foreshadowed or even advocated by some noble man of words in the nineteenth.

Eric Hoffer

The social problem of the twentieth century is whether civilized nations can restore themselves to sanity after their nineteenth-century aberrations of individualism and capitalism.

Albion Woodbury Small

Market capitalism survived and prospered after the boom-bust industrial revolution of the 19th century, and the Great Depression and world wars of the 20th century. It will recover from the financial panic of 2008-09 and Obamanomics.

Mark Skousen

The humanities and science are not in inherent conflict but have become separated in the twentieth century. Now their essential unity must be re-emphasized, so that twentieth-century multiplicity may become twentieth-century unity.

Lewis Mumford

While the apostles of the new so-called "behavioral" theory present ample evidence of how often human beings make irrational financial decisions, it remains to be seen whether these decisions lead to predictable errors that create systematic mispricings upon which rational investors can readily and economically capitalize.

John C. Bogle

It has been said that the three great develpments in twentieth century science are relativity, quantum mechanics, and chaos. That strikes me the same as saying that the three great developments in twentith century engineering are the airplane, the computer, and the pop-top aluminum can. Chaos and fractals are not even twentieth century ideas: chaos was first observed by Poincare and fractals were familiar to Cantor a century ago, although neither man had the computer at his disposal to show the rest of the world the beauty he was seeing.

Robert L. Devaney

The greatest historical events in the twentieth century - in fact, in all of human history - have been the overthrow of capitalism and establishment of societies run by and for the working class in the two great communist revolutions in Russia and China.

Grover Furr

We had a mission at PayPal - which was to create a new financial system, a new world currency, and we failed. We were a financial success, but we didn't succeed at the purpose of our company.

Luke Nosek

I think the challenge of climate change in particular is the challenge for us to create and produce new norms for a new kind of world. And that's why I think as important as the issue of climate change is, it's even more important than it seems because if we can't evolve very quickly, new norms to deal with issues like climate change, we're not going to be able to survive in the kind of world we've created. So I think, really, the whole nature of democracy, of governance, of global community and of solving the kinds of problems of the 21st Century are really at stake.

Dale Jamieson

I have no doubt that historians will conclude that we of the twentieth century had intelligence enough to create a great civilization but not the moral wisdom to preserve it.

Aiden Wilson Tozer

It was only in the late nineteenth century and then the twentieth century, with the maturation of consumer capitalism, that a shift was made toward the cultivation of unbounded desire. We must appreciate this to realize that late modern consumption, consumption as we now know it, is not fundamentally about materialism or the consumption of physical goods. Affluence and consumer-oriented capitalism have moved us well beyond the undeniable efficiencies and benefits of refrigeration and indoor plumbing.

Rodney Clapp

Did the nineteenth-century novelists create more generously than we do now? In a general reading of contemporary work, do you see a lot of new and different characters, or is it the same character who is a stand-in for the writer? And it's interesting enough, but it's a weakness I think. We are much more self-revealing and less able to produce new people over and over again.