George Bernard Shaw: Financiers Illusions
on Thursday, December 27, 2012George Bernard Shaw Money Quote saying the unreality of money and capital is emphasized by financiers belief in that odd netherworld concept. George Bernard Shaw said:
“Financiers live in a world of illusion. They count on something which they call the capital of the country, which has no existence” — George Bernard Shaw
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George Bernard Shaw was criticizing the way that financiers view and treat capital. He believed they lived in an illusory or unrealistic world where they acted as if the “capital of the country” was a real thing that could be counted on, when in Shaw’s view it had no true existence or substance.
The best interpretation is that Shaw saw the concept of capital that financiers relied on as being more of an abstract idea or belief than a concrete reality, and that they were deluding themselves by thinking they could depend on something as intangible as the overall capital of a nation.
Birthday: July 26, 1856 – Death: November 2, 1950