Posts Tagged ‘free market’
Martin Scorsese: Finance Superhero
on Wednesday, November 17, 2021Martin Scorsese Money Quote saying that because the goal capitalism is reaching financial heights above all, there aren’t finance heroes in our culture. Martin Scorsese said:
“I would ask: Given the nature of free-market capitalism – where the rule is to rise to the top at all costs – is it possible to have a financial industry hero? And by the way, this is not a pop-culture trend we’re talking about. There aren’t many financial heroes in literature, theater or cinema” — Martin Scorsese
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Scorsese says there aren’t many financial heroes portrayed in literature, theater or cinema because the goal of capitalism is to rise to the top financially above all else, at any cost. This prioritizes profits and wealth accumulation over other values. As a result, stories tend not to glorify or portray bankers, investors, etc. as heroic figures, since their work focuses on making money rather than other noble goals like helping people. Scorsese is pointing out that within a free market capitalist system, achieving financial success alone is generally not seen as a heroic attribute worthy of dramatic portrayal.
Ellen Willis: Free-Market Economics
on Saturday, December 14, 2019Ellen Willis Money Quote saying allowing the free market to run it’s course assumes rational, expected behavior. Ellen Willis said:
“The crackpot rationalism of free-market economics merely relies on an abstract model of how people ‘must’ behave” — Ellen Willis
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Winston Churchill: Create a Black Market
on Tuesday, December 4, 2018Winston Churchill Money Quote saying when it becomes impossible to sell openly, it will be driven underground, but still made available to those who wish to buy. Winston Churchill said:
“If you destroy a free market you create a black market” — Winston Churchill
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