Lloyd Blankfein Quotes

The issue of wealth inequality is ... the great moral issue of our time.

Since 2009, 95 percent of all gains in the economy went to the top 1 percent. That didn’t leave very much for the rest of us.

When wealth concentrates at the very top, it can inflate unstable bubbles that threaten the economy.

Today, half of the national income goes to the richest 10 percent. In 2007, the top 1 percent controlled 34.6 percent of the wealth—significantly more than the bottom 90 percent who control just 26.9 percent.

The burning issue of our time is the growing inequality in income and wealth in our country.

Liberty is impossible if 36 thousand families at the top of the economic pyramid get as much income as 12 million families at the bottom.

Never forget that there are rich people in poor countries and poor people in rich countries.

No one should have more than five times the wealth of the poorest person.

The association of poverty with progress is the enigma of our times.

So long as all the increased wealth which modern progress brings, goes but to build up great fortunes, to increase luxury, and make sharper the contest between the House of Have and the House of Want, progress is not real and cannot be permanent.

There’s just too much money in the hands of too few.

The distribution of wealth is just as important as its creation.

This society cannot go forward, the way we have been going forward, where the gap between the rich and the poor keeps growing.

Unless you’re at the very top, you need a more equitable economy.

The greatest issue before the people—the question of special privilege and unequal distribution of wealth.

American economic greatness has never trickled down from the top.

The combined Gross Domestic Product of forty-eight countries is less than the wealth of the three richest people in the world. Fifteen billionaires have assets greater than the total national income of Africa, south of the Sahara. Thirty-two people own more than the annual income of everyone who lives in South Asia.

It is the unvarying law that the wealth of the community will be in the hands of the few ...

In a morally adjusted economy ... the rich should not get richer if the poor get poorer.

Unequal wealth distribution is a risk factor for inequality that must be attacked by policies.

In the United States you have socialism for the rich and free markets for the poor.

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

I care not how affluent some may be, provided that none be miserable in consequence of it.

… perceptions of poverty have gone up because there’s been rising inequality.

No society is healthy when the gap between the rich and the poor is growing.