Deregulation Quotes

• Energy deregulation will be the largest transfer of wealth in history.

  Warren Buffett

  Energy, Wealth, Transfers

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• One thing that corporations do not do is give out money out of the goodness of their hearts.

  Molly Ivins

  Heart, Giving, Organized Labor

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• Deregulation has been, above all else, a means of reducing corporate business's accountability to the public.

  Herbert Schiller

  Mean, Accountability, Reducing

  "Living In The Number One Country". Book by Herbert Schiller, 2000.

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• With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.

  Herbert Schiller

  Economy, Authority, Interest

  "Living In The Number One Country". Book by Herbert Schiller, 2000.

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• More than 20 years on, sustained competition, informed customers and the rapid growth of new technology provide the necessary environment for substantial deregulation.

  Stephen L. Carter

  Technology, Years, Competition

  "Watchdog ready to relax price controls on BT" by David Teather, www.theguardian.com. March 22, 2006.

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• It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.

  Alan Greenspan

  Years, Creative, Important

  Alan Greenspan (2008). “The Age of Turbulence: Adventures in a New World”, p.72, Penguin

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• Is regulation per se bad? Is better regulation bad? I think better regulation is good for the business community, and I think that's something we should get together on.

  Ed Rendell

  Thinking, Community, Together

  "Meet the Press" with David Gregory, www.nbcnews.com. August 1, 2010.

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• With government deregulation and the triumph of financial liberalization, the dangers of systemic risks, the possibility of a financial tsunami, sharply increased.

  Noam Chomsky

  Government, Risk, Triumph

  "'The United States Has Essentially a One-Party System'". Interview with Gabor Steingart, www.spiegel.de. October 10, 2008.

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• Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service.

  Dennis Kucinich

  Money, Cutting, Order

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• Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further.

  Frances O'Grady

  Eye, Cutting, Focus

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• It's incredible to see labor unions and environmentalists getting together to stop the corporate mentality that destroys both jobs and the environment.

  Bonnie Raitt

  Jobs, Work, Together

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• On issue after issue, the polls - and these are not snapshot polls; these are polls over a consistent period of time - show that most Americans share what one could call core liberal or progressive values: investment in health care and education over tax cuts; fair trade over free trade; corporate accountability over deregulation; environmental protection over laissez-faire policies; defending Social Security and Medicare over privatizing them; raising the minimum wage over eliminating it. The country prefers progressive alternatives to the failed policies of the conservative right.

  Katrina vanden Heuvel

  Country, Health, Cutting

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• Deregulation is a transfer of power from the trodden to the treading. It is unsurprising that all conservative parties claim to hate big government.

  George Monbiot

  Hate, Party, Government

  "This Tory bonfire of regulations lets the rich foul the poor with impunity" by George Monbiot, www.theguardian.com. July 12, 2010.

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• Is human nature basically good or evil? No economist can embark upon his profession without considering this question, and yet they all seem to. And they all seem to think human nature is basically good, or they wouldn't be surprised by the effects of deregulation.

  Jane Smiley

  Thinking, Evil, Human Nature

  "Other Economists in the Room" by Jane Smiley, www.huffingtonpost.com. October 19, 2009.

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• I think we are only going to get it by standing up and voting our values, understanding that the lesser evil doesn't solve the problem. It just prolongs the problem and it paves the way to the greater evil. That the policies of the Clintons, the Wall Street deregulation and NAFTA, created the economic misery that becomes very fertile territory for demagogues like Donald Trump.

  Jill Stein

  Wall, Thinking, Evil

  Source: www.justicenewsnetwork.com

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• In the future, people will blame the Eighties for all societal ills in the same way that people have previously blamed the Sixties. The various Thatcherite Big Bangs - monetarism, deregulation, libertarianism - have been working their way through the culture ever since.

  Peter York

  People, Culture, Way

  "This Much I Know". Interview with Stuart Husband, www.theguardian.com. October 14, 2007.

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• Capital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.

  Joseph Stiglitz

  Opening Up, Focus, Restriction

  Source: www.progressive.org

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• The twentieth century was marked by two broad trends: the regulation of capitalism and the deregulation of democracy. Both experiments overreached.

  Fareed Zakaria

  Two, Democracy, Trends

  Fareed Zakaria (2007). “The Future of Freedom: Illiberal Democracy at Home and Abroad (Revised Edition)”, p.239, W. W. Norton & Company

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• I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

  Richard Posner

  Running, Mistake, Smart

  "Reagan-Appointed Judge: Deregulation Movement Made ‘A Fundamental Mistake’". www.huffingtonpost.com. August 24, 2012.

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• Who passed Wall Street deregulation that enabled the meltdown of Wall Street and the disappearance of nine million jobs, the theft of 5 million homes?

  Jill Stein

  Jobs, Wall, Home

  Source: www.cpa-connecticut.com

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• Some of the core principles of President Trump are very similar to those of Ronald Reagan. When you look at peace through strength and building up the military, I mean, how many times have you heard President Trump say, "I'm going to build up the military; I'm going to take care of the vets; I'm going to make sure that we don't have a Navy that's decimated, and planes that are nowhere to be found." Peace through strength, deregulation. You think about the economy, the economic boom that was created.

  Reince Priebus

  Military, Mean, Thinking

  Source: www.washingtonpost.com

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• Modernity has reneged on its promise to young people to provide social mobility, stability and collective security. Long-term planning and the institutional structures that support them are now relegated to the imperatives of privatization, deregulation, flexibility and short-term profits.

  Henry Giroux

  Long, People, Support

  Source: www.truth-out.org

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• I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.

  Bill O'Reilly

  Running, Mistake, Smart

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• Indeed the three policy pillars of the neoliberal age-privatization of the public sphere, deregulation of the corporate sector, and the lowering of income and corporate taxes, paid for with cuts to public spending-are each incompatible with many of the actions we must take to bring our emissions to safe levels.

  Naomi Klein

  Cutting, Age, Income

  Naomi Klein (2014). “This Changes Everything: Capitalism vs. The Climate”, p.72, Simon and Schuster

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• I very strongly disagreed with President Clinton on the deregulation of Wall Street. I opposed that strenuously.

  Bernie Sanders

  Wall, President, Clinton

  Source: www.nbcnews.com

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