"However, leaving everything to the market is not necessarily good for society"
About this Quote
A careful hedge opens the door: "However" signals Denning isn’t preaching dogma, she’s correcting an overreach. The line is engineered to puncture a familiar modern reflex - that markets are nature, not policy. By adding "not necessarily", she avoids the caricature of anti-capitalist sermonizing and instead adopts a public servant’s posture: pragmatic, case-based, allergic to absolutes. It’s a small rhetorical move with a big payoff, because it invites agreement from people who like markets but don’t want to live in a world run entirely by them.
The subtext is about what markets systematically ignore. Prices register willingness and ability to pay, not the value of privacy, resilience, fairness, or long-term stability. In Denning’s wheelhouse - information security, surveillance, and digital governance - the critique hits harder. Cybersecurity is the classic market failure: the harms of a breach spill onto everyone, while the incentives to cut corners are concentrated inside a firm’s quarterly calculus. The market rewards speed and scale; it rarely rewards "boring" safeguards until after catastrophe.
"Good for society" is doing stealth work here, too. It shifts the unit of measurement from consumer choice to collective consequence: infrastructure that must not fail, rights that shouldn’t be auctioned, and vulnerabilities that compound when left to private optimization. Denning’s sentence doesn’t ask for the end of markets; it argues for the legitimacy of limits. It’s a technologist’s warning translated into civic language: if we treat every public good like a commodity, we shouldn’t be surprised when the bill arrives as systemic risk.
The subtext is about what markets systematically ignore. Prices register willingness and ability to pay, not the value of privacy, resilience, fairness, or long-term stability. In Denning’s wheelhouse - information security, surveillance, and digital governance - the critique hits harder. Cybersecurity is the classic market failure: the harms of a breach spill onto everyone, while the incentives to cut corners are concentrated inside a firm’s quarterly calculus. The market rewards speed and scale; it rarely rewards "boring" safeguards until after catastrophe.
"Good for society" is doing stealth work here, too. It shifts the unit of measurement from consumer choice to collective consequence: infrastructure that must not fail, rights that shouldn’t be auctioned, and vulnerabilities that compound when left to private optimization. Denning’s sentence doesn’t ask for the end of markets; it argues for the legitimacy of limits. It’s a technologist’s warning translated into civic language: if we treat every public good like a commodity, we shouldn’t be surprised when the bill arrives as systemic risk.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
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