Political Quotes

Colin Powell: “Capital is a coward; money flees uncertainty and corruption. To entice capital in and then keep it in, governments must…”

On the recordMay 13, 2009
Capital is a coward; money flees uncertainty and corruption. To entice capital in and then keep it in, governments must recognize private property rights, deeds of trust, and the sanctity of contract, and they must enforce these rights transparently and fairly.
Said by
Colin Powell

Editor's note · Context

Emphasizes the importance of property rights and contract enforcement to attract investment.

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