The big bankers of the world, who practise the terrorism of money, are more powerful than kings and field marshals, even more than the Pope of Rome himself. They never dirty their hands. They kill no-one: they limit themselves to applauding the show.
Interpretation
The quote suggests that powerful bankers wield more influence than traditional authorities without engaging in direct violence.
Eduardo Galeano's quote highlights the immense power that financial elites hold over society. He argues that these bankers manipulate the economy and control vast resources, exerting a form of 'money terrorism' that is more potent than traditional forms of power like political leaders or religious figures. Their influence often operates behind the scenes, allowing them to escape the consequences of their actions while still significantly impacting lives.
In practice
During a speech on economic reform, this quote can be used to highlight the need for transparency in the banking sector.
Utopia is on the horizon. I move two steps closer; it moves two steps further away. I walk another ten steps and the horizon runs ten steps further away. As much as I may walk, I'll never reach it. So what's the point of utopia? The point is this: to keep walking.
It is highly improbable that the bureaucrat will put his life on the line. It is absolutely impossible that he'll put his job on the line.
We live in a world that treats the dead better than the living. We, the living are askers of questions and givers of answers, and we have other grave defects unpardonable by a system that believes death, like money, improves people.
History never really says goodbye. History says, 'See you later.'
The more freedom is extended to business, the more prisons have to be built for those who suffer from that business.
Utopia lies at the horizon. When I draw nearer by two steps, it retreats two steps. If I proceed ten steps forward, it swiftly slips ten steps ahead. No matter how far I go, I can never reach it. What, then, is the purpose of utopia? It is to cause us to advance.
Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs.
We plutocrats need to get this trickle-down economics thing behind us: this idea that the better we do, the better everyone else will do. It's not true. How could it be? I earn 1,000 times the median wage, but I do not buy 1,000 times as much stuff, do I?
We can fight the global economy with a strong local economy.
Economists who adhere to rational-expectations models of the world will never admit it, but a lot of what happens in markets is driven by pure stupidity - or, rather, inattention, misinformation about fundamentals, and an exaggerated focus on currently circulating stories.
Automation provides us with wondrous increases of production and information, but does it tell us what to do with the men the machines displace? Modern industry gives us the capacity for unparalleled wealth - but where is our capacity to make that wealth meaningful to the poor of every nation?
If you go back to the really long-run questions that interested me, the big question was why, over the centuries, the millennia, has growth been speeding up?
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