Robert Reich: Wall Street Greed
on Thursday, January 28, 2021Robert Reich Money Quote saying Wall Street and the stock market are an illusion of an industry built on greediness. Robert Reich said:
“If you took the greed out of Wall Street, all you’d have left is pavement” — Robert Reich
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In this quote, Robert Reich is criticizing the culture of greed that he sees as pervading Wall Street. He’s suggesting that without the intense focus on greed and prioritizing profits above all else, there would be little substantive activity or value left within the financial industry.
Reich appears to be arguing that Wall Street has become dominated by an ethos of greed and making money at nearly any cost, with few other considerations.
By stating all that would be left is “pavement” without this greed, he implies Wall Street’s primary function in his view is to enrich itself through preying on others’ wealth, rather than providing meaningful economic services. Overall, Reich is sharply condemning what he perceives as an excess of greed driving Wall Street.
If you took the greed out of Wall Street, all you'd have left is pavement.
— Robert Reich (@RBReich) January 28, 2021