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Image of the quote is loading... SaveSave Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008. - Quote by Said Elias Dawlabani

Capitalism has become systemically risky when a single financial algorithm like the one that David X. Li created brought the entire global economic system close to collapse in 2008.

Said Elias Dawlabani
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Our entire economy is based on productivity measures that have little to do with “human input”. Sooner or later the entire system will collapse revealing the fallacy of an economy based on finance.
Said Elias Dawlabani
The field of financial innovation, without rules that tie it to human productive output will be the cause of the next revolution.
Said Elias Dawlabani
Money is to an economy as nutrition is to the human body. When central bankers ignore that relationship by providing more capital that functionally needed, they debase everything capitalism stands for.
Said Elias Dawlabani
By making our defenseless planet the ultimate beneficiary of our economic activity, we align our values with a different set of motivations. When we begin to see life as an interdependent mesh, we place the survival of the human species on equal footing with our economic interests and ourselves.
Said Elias Dawlabani
We deceive ourselves if we believe we can hold on to old models as ideologies whimper off to a shallow grave in prolonged agony of people, institutions and cultures.
Said Elias Dawlabani
Conscious evolution of the free enterprise system happens when we realize that neither the heavy handedness of government nor the greed of unregulated enterprise holds the answer to prosperity. It is the radical introspection of both sides leading to a conscious evolution that will save this system we call capitalism.
Said Elias Dawlabani
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