James Surowiecki Quotes About Capitalism

Quotes about: Capitalism

• The challenge for capitalism is that the things that breed trust also breed the environment for fraud.

  James Surowiecki

  Challenges, Environment, American Capitalism

  "The crowd is smarter than you think". Interview with Todd Leopold, www.cnn.com. July 14, 2004.

• Patrimonial capitalism's legacy is that many people see reform as a euphemism for corruption and self-dealing.

  James Surowiecki

  Self, People, Reform

  "The Tyrant Tax". www.newyorker.com. March 7, 2011.

• Movies' mistrust of capitalism is almost as old as the medium itself.

  James Surowiecki

  Mistrust, Mediums, Capitalism

  "The Business-Movie Business". www.newyorker.com. October 11, 2010.

• Critics of consumer capitalism like to think that consumers are manipulated and controlled by those who seek to sell them things, but for the most part it's the other way around: companies must make what consumers want and deliver it at the lowest possible price.

  James Surowiecki

  Thinking, Want, Way

  "Penny-Wise" by James Surowiecki, www.newyorker.com. September 27, 2004.

• Self-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.

  James Surowiecki

  Running, Real, Self

• Capitalism, after all, is no fun when real failure becomes a possibility.

  James Surowiecki

  Fun, Real, Possibility

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