"The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future"
About this Quote
The subtext is Keynes’s signature rebellion against fatalism. In the interwar years and through the Great Depression, the old Victorian faith that markets naturally self-correct collapsed in real time. Keynes is arguing that the future doesn’t automatically organize itself into prosperity; it has to be financed into existence. Investment, in this framing, is how societies buy time: funding infrastructure, industry, research, housing - the slow, compounding projects that outlast political cycles and panic.
There’s also a quiet warning embedded in “skilled.” He’s distinguishing productive, informed capital allocation from speculation dressed up as genius. If ignorance “envelopes” the future, then bad finance doesn’t merely fail to help; it thickens the fog. Keynes understood how sentiment, herd behavior, and short-termism can turn markets into amplifiers of fear. So the intent isn’t to romanticize investors as heroes, but to demand that finance justify itself socially: the payoff isn’t just returns, it’s a future less hostage to accident, scarcity, and collective amnesia.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Keynes, John Maynard. (2026, January 15). The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. FixQuotes. https://fixquotes.com/quotes/the-social-object-of-skilled-investment-should-be-8110/
Chicago Style
Keynes, John Maynard. "The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-social-object-of-skilled-investment-should-be-8110/.
MLA Style (9th ed.)
"The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-social-object-of-skilled-investment-should-be-8110/. Accessed 21 Feb. 2026.









