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Markets are not designed for the common interest.


Richmond Shreve
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Quotation by George:

Market fundamentalists hold that the public interest is best served when people are allowed to pursue their own interests. This is an appealing idea, but it is only half true. Markets are eminently suitable for the pursuit of private interests,but they are not designed to take care of the common interest.

George     (more by this author)

Type: Prose
Context: Book
Source: Newsletter of the Rahway & Plainfield Mo
Uttered: 2000

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Richmond Shreve is a retired business executive whose careers began in electronics (USN) and broadcasting in the 1960s. Over the years he has maintained a hobby interest in amateur radio, and the audio-visual arts while working in sales and (more...)
 

Related Topic(s): Capitalism; Ideals; Public Good, Add Tags
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