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I very strongly disagreed with President Clinton on the deregulation of Wall Street. I opposed that strenuously.
Sep 25, 2025
Who passed Wall Street deregulation that enabled the meltdown of Wall Street and the disappearance of nine million jobs, the theft of 5 million homes?
Is regulation per se bad? Is better regulation bad? I think better regulation is good for the business community, and I think that's something we should get together on.
Energy deregulation will be the largest transfer of wealth in history.
Capital market liberalization includes freeing up deposit and lending rates, opening up the market to foreign banks, and removing restrictions on capital account transactions and bank lending. The focus is on deregulation, not on finding the right regulatory structure.
State governments seek local remedies for the globally fabricated deprivations and miseries in vain - just as the individuals-by-the-decree-of-fate (read: by the impact of deregulation) seek in vain the individual solutions to the socially fabricated life problems.
For decades the G.O.P. has won elections by appealing to social and racial divisions, only to turn after each victory to deregulation and tax cuts for the wealthy a process that reached its epitome when George W. Bush won re-election by posing as America's defender against gay married terrorists, then announced that he had a mandate to privatize Social Security.
With government deregulation and the triumph of financial liberalization, the dangers of systemic risks, the possibility of a financial tsunami, sharply increased.
It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged at first. Yet deregulation set the stage for an enormous wave of creative destruction in the 1980s.
Wake up, America. The insurance companies took over health care. Wake up, America. The pharmaceutical companies took over drug pricing. Wake up, America. The speculators took over Wall Street. Wake up, America. They want to take your Social Security. Wake up, America. Multinational corporations took over our trade policies, factories are closing, good paying jobs lost. Wake up, America. We went into Iraq for oil.
One thing that corporations do not do is give out money out of the goodness of their hearts.
It's incredible to see labor unions and environmentalists getting together to stop the corporate mentality that destroys both jobs and the environment.
Indeed the three policy pillars of the neoliberal age-privatization of the public sphere, deregulation of the corporate sector, and the lowering of income and corporate taxes, paid for with cuts to public spending-are each incompatible with many of the actions we must take to bring our emissions to safe levels.
Is human nature basically good or evil? No economist can embark upon his profession without considering this question, and yet they all seem to. And they all seem to think human nature is basically good, or they wouldn't be surprised by the effects of deregulation.
More than 20 years on, sustained competition, informed customers and the rapid growth of new technology provide the necessary environment for substantial deregulation.
Modernity has reneged on its promise to young people to provide social mobility, stability and collective security. Long-term planning and the institutional structures that support them are now relegated to the imperatives of privatization, deregulation, flexibility and short-term profits.
I think we are only going to get it by standing up and voting our values, understanding that the lesser evil doesn't solve the problem. It just prolongs the problem and it paves the way to the greater evil. That the policies of the Clintons, the Wall Street deregulation and NAFTA, created the economic misery that becomes very fertile territory for demagogues like Donald Trump.
I paid every effort to seek deregulation throughout FEDEX's start-up and expansion periods, because the biggest impediment to our growth was the government regulations that restricted new entry into the air cargo market.
I plan to eliminate the equity cap in investment, and I also plan large-scale deregulation to meet global standards.
Some of the core principles of President Trump are very similar to those of Ronald Reagan. When you look at peace through strength and building up the military, I mean, how many times have you heard President Trump say, "I'm going to build up the military; I'm going to take care of the vets; I'm going to make sure that we don't have a Navy that's decimated, and planes that are nowhere to be found." Peace through strength, deregulation. You think about the economy, the economic boom that was created.
The twentieth century was marked by two broad trends: the regulation of capitalism and the deregulation of democracy. Both experiments overreached.
Deregulation is a transfer of power from the trodden to the treading. It is unsurprising that all conservative parties claim to hate big government.
Deregulation created this epidemic of greed which according to the rules of capitalism was OK. Beyond that there was criminal behaviour. There have been no repercussions and it's hard to make your peace with.
I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
In the future, people will blame the Eighties for all societal ills in the same way that people have previously blamed the Sixties. The various Thatcherite Big Bangs - monetarism, deregulation, libertarianism - have been working their way through the culture ever since.
With deregulation, one sector of the economy after another is "liberated" to capital's unmonitored authority. The very notion that there is a public interest is contested.
Although there's a lot of focus on the Lib Dems, we need to keep our eyes on the far right of the Tories, who I suspect will become increasingly impatient in their appetite for tax cuts, deregulation and shrinking the state even further.
The ideology of neoliberalism, with its privatization, its deregulation, its emphasis on consumption, its elimination of basically apparatuses that can provide alternative points of view, has been so powerful and so normalized.
People express is clearly the archetypical deregulation success story and the most spectacular of my babies. It is the case that makes me the proudest.
The travel is a lot uglier than it once was with TSA and the deregulation of the airline services. These planes are getting smaller for my 6" 2' frame.
Winning control of the Senate would allow Republicans to pass a whole range of measures now being held up by Reid, often at the behest of the White House. Make it a major reform agenda. The centerpiece might be tax reform, both corporate and individual. It is needed, popular and doable. Then go for the low-hanging fruit enjoying wide bipartisan support, such as the Keystone XL pipeline and natural gas exports, most especially to Eastern Europe. One could then add border security, energy deregulation and health-care reform that repeals the more onerous Obamacare mandates.
She [Hillary Clinton] and Bill [Clinton] supported the NAFTA, the adoption of NAFTA that sent our jobs overseas, and they both supported Wall Street deregulation, which laid the groundwork for the disappearance of 9 million jobs and the theft of 5 million homes.
Deregulation has been, above all else, a means of reducing corporate business's accountability to the public.
Collective insurance policies and social protections have given way to the forces of economic deregulation, the transformation of the welfare state into punitive workfare programs, the privatization of public goods and an appeal to individual accountability as a substitute for social responsibility.
On issue after issue, the polls - and these are not snapshot polls; these are polls over a consistent period of time - show that most Americans share what one could call core liberal or progressive values: investment in health care and education over tax cuts; fair trade over free trade; corporate accountability over deregulation; environmental protection over laissez-faire policies; defending Social Security and Medicare over privatizing them; raising the minimum wage over eliminating it. The country prefers progressive alternatives to the failed policies of the conservative right.
Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service.
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