“The financial markets have become the masters of the world.”
What this quote means
This striking phrase by Jean Ziegler denounces the omnipotence of financial markets which, in his view, have overtaken states and peoples. Economic decisions are dictated by speculation and profit-seeking, to the detriment of the common good. This critique resonates in a context of repeated financial crises and growing inequalities. It invites us to rethink regulation and the place of finance in our societies.
How to apply it daily
Educate yourself on ethical finance and assess whether your investments or bank meet social and environmental criteria.
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