A Quote by Michael Sandel

The most fateful change that unfolded during the past three decades was not an increase in greed. It was the expansion of markets, and of market values, into spheres of life where they don’t belong.

Michael Sandel

Quote Topics

Belong Change Decades Expansion Greed Increase Life Market Markets Most Past Spheres Three Values

Quote Author

Michael Sandel
American - Philosopher
Born: March 5, 1953

Over the past three decades, markets and market thinking have been reaching into spheres of life traditionally governed by non-market norms. As a result, we've drifted from having a market economy to becoming a market society.

Michael Sandel

By an increase in anger, warfare arises. By an increase of greed, famine arises. By an increase of stupidity, pestilence arises. Because these three calamities occur, the people's earthly desires grow all the more intense, and their false views thrive and multiply.

Nichiren

When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.

Paul Tudor Jones

It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time.

James Surowiecki

Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required.

John C. Calhoun

If you're saving for the long run, it's actually a good thing when the market is down because the more shares you have, the more you can potentially make when markets rise. And over time - decades, not months - the markets rise more than they fall.

Suze Orman

The European community of values is unique: It combines democracy with the market economy, individual freedoms with social justice. How can we expect the U.S. or China to defend these values, this one-of-a-kind European balancing act that has developed over the course of decades?

Emmanuel Macron

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier.

Jamie Dimon

While eliminating smallpox and curtailing cholera added decades of life to vast populations, cures for the chronic diseases of old age cannot have the same effect on life expectancy. A cure for cancer would be miraculous and welcome, but it would lead to only a three-year increase in life expectancy at birth.

S. Jay Olshansky

Listen, you. Don't threaten me. I could make your life a nightmare. He put his hand in front of her face and unfolded three fingers as he said, I'm F-B-I. She smiled. It wasn't the reaction he expected. You want to talk nightmares? she said. She put her hand up to his face and unfolded her three fingers. I'm I-R-S.

Julie Garwood

A market economy is a tool - a valuable and effective tool - for organizing productive activity. A market society is a way of life in which market values seep into every aspect of human endeavour. It's a place where social relations are made over in the image of the market.

Michael Sandel

Over the past two decades, we have clearly seen an erosion of ethical values.

Arthur Levitt

Realism as a foreign policy doctrine means basically you don't care about values; you consider them a luxury, and it leads to a kind of acquiescence in spheres of influence. Now, spheres of influence sound good if you're a graduate student, or a certain kind of - an academic with a certain habit of mind. But in fact, spheres of influence don't work out very well, certainly not for the victims, and there are always victims.

Daniel Fried

I can't apply $3 billion in capital to the tech industry. It wouldn't work. But in infrastructure, education, I can make a real difference. I can change someone's life, for the better, permanently. If I can improve a kid's education, I can increase their salary later on and for decades.

Dustin Moskovitz

Young people oppose those market-driven values and practices aimed at both creating radically individualized subjects and undermining those public spheres that create bonds of solidarity that reinforce a commitment to the common good.