Power Quotes

"Institutional change often meets resistance from those benefiting from existing arrangements."

"Power without wisdom is destructive."

"Power is responsibility."

"Special interests prevail not because they are stronger, but because they are more organized than the diffuse majority."

"Large groups face rising costs in organizing, which favors those with concentrated interests."

"The common interest is diffuse and weak compared to special interests that are concentrated and strong."

"Groups with concentrated membership are more efficient at using lobbying resources than dispersed groups."

"The benefits of cooperation are often captured by those with the best organizational capacity."

"The distribution of power in groups reflects not merit but organizational effectiveness."

"The power of special interests grows when the public good is dispersed and invisible."

"The power of organized minorities often exceeds that of unorganized majorities indefinitely."

"Special interests survive because they concentrate benefits and disperse costs to the public."

"Markets have a tendency toward instability if left unchecked."

"The pursuit of profit can lead to financial excess."

"The control of money is a form of power."

"Capitalism without regulation tends toward financial instability."

"The economy reflects power relationships in society."

"Personal agency and social structures interact in complex ways."

"The power to define problems shapes the solutions that are possible."

"The power of persuasion lies in the quality of reasoning, not coercion."

"Power without accountability tends toward injustice and corruption."

"Power derives from knowledge and influence."

"Power without principle is tyranny."

"The structure of incentives in an economy often matters more than the absolute level of resources available."

"Reserve currencies give their issuers both privilege and responsibility."

"Money is not neutral. It matters how much money is created and how it gets into the economy."

"The more leveraged the system becomes, the more sensitive it is to changes in sentiment."

"The financial sector has grown too large relative to the real economy, creating inherent instability."

"The bank is not just a financial intermediary. It is a profit-seeking institution that creates instability."

"The financial sector's size relative to GDP is an indicator of extraction, not creation of value."