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Crisis Quotes

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Crisis Quotes

“As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.”

“In brief, we have no explicit family policy but instead have a haphazard patchwork of institutions and programs designed mostly under crisis conditions, whether the crisis is national in scope (such as a recession ) or personal (such as a break-up of a particular family).”

“The government is now in a position to do what Franklin D. Roosevelt did during the Great Depression of the 1930s - use a crisis of the times to create new institutions that will last for generations. To this day, we are still subsidizing millionaires in agriculture because farmers were having a tough time in the 1930s.”

“From the first day I took the decision as President to defend my country. So, who killed ? That's another question. Actually, the terrorists have been killing our people since the beginning of this crisis two years and a half ago, and the Syrian people wanted the government and the state institutions and the army and the police to defend them, and that's what happened.”

“Many flagship state universities have wonderful digital libraries that are accessed by people around the world. In future, if not current, budget crises, trustees, board members, and administrators may wonder why these state institutions - with an articulated primary clientele of students, faculty, and staff members and a secondary clientele of all citizens of the state - should be spending resources on a digital library that is used by many people beyond the primary and secondary service populations.”

“The IMF is a more complicated issue. I think there is a broad sentiment among both the left and the right that the IMF may be doing more harm than good. On the right, there's the view that it represents a form of corporate welfare that is counter to the IMF's own ideology of markets. But anybody who has watched government from the inside recognizes that governments need institutions, need ways to respond to crises. If the IMF weren't there, it would probably be reinvented. So the issue is fundamentally reform.”

“The global financial crisis is a great opportunity to showcase and propagate both causal and moral institutional analysis. The crisis shows major flaws in the way the US financial system is regulated and, more importantly, in our political system, which is essentially a bazaar of legalized bribery where financial institutions can buy themselves the governmental regulations they want, along with the regulators who routinely receive lucrative jobs in the industry whose oversight had formerly been their responsibility, the so-called revolving-door practice.”

“Access to knowledge is the superb, the supreme act of truly great civilizations. Of all the institutions that purport to do this, free libraries stand virtually alone in accomplishing this mission. No committee decides who may enter, no crisis of body or spirit must accompany the entrant. No tuition is charged, no oath sworn, no visa demanded. Of the monuments humans build for themselves, very few say - touch me, use me, my hush is not indifference, my space is not barrier. If I inspire awe, it is because I am in awe of you and the possibilities that dwell in you.”

“The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.”

“To change man, the audience by which he judges himself must be changed. A man is defined by his audience: by the people, institutions, authors, magazines, movie heroes, philosophers by whom he pictures himself being cheered and booed. Major psychological disturbances, 'identity crises', are caused when an individual begins to change the audience for whom he plays: from parents to peers; from peers to the works of Albert Camus; from the Bible to Hugh Hefner.”

“This is the one international institution we have in which governments get together to work collectively for a common purpose. International crises, by definition, require international solutions. Peacekeeping is a response to conflict, is a response to situations in which often it is not the business of any one particular country to get into. It seems to me, therefore, that the world will for the foreseeable future need peacekeeping.”