Carroll Quigley on Financial Capitalism and the World Economy

„The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.“

Caroll QuigleyCarroll Quigley explains how financial capitalism led to the centralization of the world economy and concentration of power among financiers.
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Caroll Quigley was an American historian and professor known for his studies on the history of societies and international relations.

This statement by Carroll Quigley analyzes the impact of financial capitalism on the global economic order.


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Carroll Quigley quote about financial capitalism and world economic control

Caroll Quigley (1910–1977) was an American historian, professor, and author. He taught at Georgetown University and is especially known for his work on the history of civilizations and his book "Tragedy and Hope", in which he described secret networks behind world politics.

Quote about global financial control by Carroll QuigleyCopyright © yoice.net – Quote Artwork
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"The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences." Carroll Quigley
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Quote by Woodrow Wilson about private credit controlling economic freedomCopyright © yoice.net – Quote Artwork
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"A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom." Woodrow Wilson
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Quote by Montagu Norman on capital protection, power, and control from 1924Copyright © yoice.net – Quote Artwork
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"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished." Montagu Norman
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Carroll Quigley quote about central banks, government influence, Treasury loans, and economic activityCopyright © yoice.net – Quote Artwork
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"Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world." Carroll Quigley
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Quote by Sir Josiah Stamp about the power and control of bankers over money and societyCopyright © yoice.net – Quote Artwork
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"Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." Sir Josiah Stamp
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Carroll Quigley on International Anglophile Network and Political Cooperati...Quote image featuring Carroll Quigley discussing the international Anglophile network and political cooperationCopyright © yoice.net – Quote ArtworkCarroll Quigley quote about the relationship between state and societyCopyright © yoice.net – Quote ArtworkQuote by Carroll Quigley on State and Society