Obama: I’ve Worked in the U.S. to ‘Curb the Excesses of Capitalism’
‘That is why we have worked to with other nations create higher and clearest and it’s for banking and taxation, because of capitalism, not to punish a society that asks less of oligarchs than ordinary citizens will rot from within’
"And with further investment in infrastructure and early childhood education and basic research, I’m confident that such progress will continue. So just as I’ve pursued these measures here at home, so has the United States worked with many nations to curb the excesses of capitalism -- not to punish wealth, but to prevent repeated crises that can destroy it. That’s why we’ve worked with other nations to create higher and clearer standards for banking and taxation -- because a society that asks less of oligarchs than ordinary citizens will rot from within. That’s why we’ve pushed for transparency and cooperation in rooting out corruption."