“History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.”

Bhim Rao Ambedkar

Bhim Rao Ambedkar - “History shows that where ethics and...” 1

Similar quotes

“We have always known that heedless self interest was bad morals, we now know that it is bad economics.”

Franklin Delano Roosevelt
Read more

“...the fight that political philosophers have always identified as the central conflict in human history: that between the individual and society. Thus far, scholars have shown little interest in finding this conflict in American history...”

Thaddeus Russell
Read more

“But it is not necessarily the case that liberal democracy is the political system best suited to resolving social conflicts per se. A democracy's ability to peacefully resolve conflicts is greatest when those conflicts arise between socalled "interest groups" that share a larger, pre-existing consensus on the basic values or rules of the game, and when the conflicts are primarily economic in nature. But there are other kinds of non-economic conflicts that are far more intractable, having to do with issues like inherited social status and nationality, that democracy is not particularly good at resolving.”

francis fukuyama
Read more

“When kids made a decision for themselves they have a vested interest in showing they were right. Lee wanted to prove to me that he had made the right choice so he worked hard and did well. If we'd forced him to go to college somewhere else all the incentives would've been different. Then he would have had a motive to prove that we were wrong.”

Cokie Roberts Steve Roberts
Read more

“And yet even among the friends of liberty, many people are deceived into believing that government can make them safe from all harm, provide fairly distributed economic security, and improve individual moral behavior. If the government is granted a monopoly on the use of force to achieve these goals, history shows that power is always abused. Every single time.”

Ron Paul
Read more