Source: Another World Is Possible : Globalization and Anti-capitalism (2002), Chapter 2, Globalization - It's Not About Free Trade, p. 47
“It can be argued that the U. S. brokerage and investment banking industry has transformed the modern American stock market into nothing more than a mechanism for transferring wealth from shareholders to management.”
Quotes from Crash Proof (2006)
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Peter D. Schiff 40
American entrepreneur, economist and author 1963Related quotes
Source: Theory of Economic Dynamics (1965), Chapter 8, Entrepreneurial Capital and Investment, p. 93
(1921, p. 10)
Factory organization and administration, 1910
"A Crash Course for Central Bankers," http://www.foreignpolicy.com/story/cms.php?story_id=3272 Foreign Policy (September/October 2000)
Benjamin I. Page and Martin Gilens, Democracy in America?: What Has Gone Wrong and What We Can Do About It (University of Chicago Press: 2017), p. 90
Financial Times. November 23, 2004
Bernie Ecclestone responding to the banks holding a trial to determine if he should continue controlling Formula One Holdings and its subsidiares including Formula One Management.
David Ignatius (May 31, 2006) "Watching the Yellow Flags", The Washington Post, p. A19.
2000s
Blue Labour, Tackling Poverty Together http://www.bluelabour.org/2013/11/24/tackling-poverty-together/
Source: How Europe Underdeveloped Africa (1972), p. 136.