“Capitalism without bankruptcy is like Christianity without hell.”
Frank Borman (1928) NASA astronaut
The Growing Bankruptcy Brigade, TIME magazine (18 October 1982) http://www.time.com/time/magazine/article/0,9171,949605,00.html
“Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.”
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Eric Hoffer240
American philosopher 1898–1983Related quotes
“Capitalism without bankruptcy is like Christianity without Hell.”
Kyle Bass (1969) businessperson
BBC HARDTalk interview, 15 November 2011.
“I had no idea bankruptcy could be so exciting.”
Pamela Jones Computer law scholar
Hearing Agenda and Novell Asks for All Notices http://www.groklaw.net/article.php?story=20071003174654588, retrieved 4 October 2007.
“Capitalism has resulted in material well-being but spiritual bankruptcy.”
Jeffrey Eugenides book The Virgin Suicides
Source: The Virgin Suicides
“Taking out a commission of bankruptcy is a well-known mode of recovering a debt.”
Sir John Bayley, 1st Baronet (1763–1841) British judge
Guthrie v. Fisk (1824), 3 B & C. 183.
Nassim Nicholas Taleb book The Bed of Procrustes: Philosophical and Practical Aphorisms
Source: The Bed of Procrustes: Philosophical and Practical Aphorisms (2010), p. 31
“The highest triumph of Bismarckian politics carried its downfall and bankruptcy within it.”
Wilhelm Liebknecht (1826–1900) German socialist politician
No Compromise – No Political Trading (1899)
“His lack of education is more than compensated for by his keenly developed moral bankruptcy.”
Woody Allen (1935) American screenwriter, director, actor, comedian, author, playwright, and musician
Manly P. Hall (1901–1990) Canadian writer and mystic
Preface to the Diamond Jubilee Edition of The Secret Teachings of All Ages
The Secret Teachings of All Ages (1928)
Context: The great materialistic progress which we have venerated for so long is on the verge of bankruptcy. We can no longer believe that we are born into this world to accumulate wealth and abandon ourselves to mortal pleasures. We see the dangers and realize that we have been exploited for centuries. We were told the twentieth century was the most progressive that the world has ever known, but unfortunately the progression was in the direction of self-destruction.
Andrew Zimbalist (1947) American economist
Source: Baseball And Billions - Updated edition - (1992), Chapter 3, Franchise Finances, p. 72.