"The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system"
About this Quote
The intent is both ideological and strategic. As a longtime ExxonMobil chief, Raymond spent a career defending corporate latitude and deregulation; framing markets as the source of freedom turns criticism of business power into criticism of freedom itself. If markets are the root system, then restraints on markets look like threats to civic life rather than policy choices. “Success” is the key escape hatch: he doesn’t claim any market system yields liberty, only a successful one. That vagueness lets him point to prosperous democracies as proof while dodging the counterexamples of booming authoritarian capitalism or market shocks that erode rights.
Subtextually, it’s a story about legitimacy. Civic institutions are granted moral prestige, then markets claim it by association. The quote also smuggles in a hierarchy of values: economic growth is treated not as a goal to be balanced against rights, but as the condition that makes rights possible. In the late-20th-century boardroom worldview this reflects, freedom becomes less a guarantee of law than a byproduct of GDP, and citizenship starts to look suspiciously like consumer choice.
Quote Details
| Topic | Freedom |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Raymond, Lee R. (2026, January 16). The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system. FixQuotes. https://fixquotes.com/quotes/the-freedoms-that-people-have-that-flow-from-all-92934/
Chicago Style
Raymond, Lee R. "The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system." FixQuotes. January 16, 2026. https://fixquotes.com/quotes/the-freedoms-that-people-have-that-flow-from-all-92934/.
MLA Style (9th ed.)
"The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system." FixQuotes, 16 Jan. 2026, https://fixquotes.com/quotes/the-freedoms-that-people-have-that-flow-from-all-92934/. Accessed 16 Feb. 2026.






