Quote by B. R. Ambedkar
History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.
Summary
This quote highlights the recurring conflict between ethics and economics throughout history. It suggests that when these two forces clash, economics tends to prevail over ethics. Vested interests, such as powerful individuals or corporations, are rarely inclined to give up their interests willingly unless there is enough force exerted upon them to do so. Essentially, the quote implies that economics, driven by self-interest and profit, often trumps ethical considerations unless there is significant pressure to change this dynamic.
Topics
History
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