Nick Hanauer: Economic Self Interest
on Saturday, February 13, 2016Nick Hanauer Money Quotation saying significant difference between greed driven lobbying and being an advocate for societal benefits. Nick Hanauer said:
“A distinction can be drawn between the people who pour energy and money into policies that benefit other people directly and not themselves, and people who pour energy and money into policies that only are focused on their narrow, near-term economic self-interest” — Nick Hanauer
In this quote, Nick Hanauer is drawing a distinction between two types of people who get involved in politics and policymaking. The first type pours their energy and money into policies that are intended to directly benefit others in society rather than just themselves.
The second type only focuses on policies that serve their own narrow economic self-interest in the short-term, without regard for how those policies might impact others.
Hanauer seems to be arguing that a healthier system involves people supporting policies aimed at benefiting society as a whole, not just policies that exclusively promote their personal economic gains without consideration for others.