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.
People who are rich find it hard to understand the behavior of poor people. Economists are no exception, for they, too, find it difficult to comprehend the preferences and scarcity constraints that determine the choices that poor people make.
The economic expansion that began in 2001, while it has been great for corporate profits, has yet to produce any significant gains for ordinary working Americans. And now it looks as if it never will.
Contrary to a tenacious myth, France is not owned by California pension funds or the Bank of China, any more than the United States belongs to Japanese and German investors. The fear of getting into such a predicament is so strong today that fantasy often outstrips reality. The reality is that inequality with respect to capital is a far greater domestic issue than it is an international one.
In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.
There should be no unemployment. There is large percentage of labor now which cannot make a living because wages are not high enough. That is industry's 2nd job. 1st job is to make good product. 2nd pay a good wage.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.
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