"Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists"
- Noam Chomsky
About this Quote
Noam Chomsky's quote suggests that economic growth can be utilized to calm unhappiness and also maintain advantage. This is a principle that has been acknowledged by liberal economists. The concept is that economic growth can be used to distract individuals from the inequalities and also oppressions that exist in society. By supplying people with more cash and also product ownerships, they are much less most likely to concentrate on the concerns that are triggering them unhappiness. This can be seen as a way of preserving the status quo and also keeping the fortunate in power. It is a means of keeping people from testing the existing class structure and also demanding adjustment. Eventually, Chomsky's quote suggests that economic growth can be utilized to keep individuals from identifying and also challenging the injustices of culture.
This quote is written / told by Noam Chomsky somewhere between December 7, 1928 and today. He/she was a famous Activist from USA.
The author also have 28 other quotes.
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"Our people can draw on the tremendous strides made in recent years, not only in terms of advancing themselves spiritually and materially, but also in having weathered social and economic turbulence, triggered, in the main, by factors not of their own creation"
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists"
"From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase"
"But while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings"
"Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans"