Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.
Angus DeatonRead
Economic growth is very important, but it is not the only thing, and it must be accompanied by sharing with those who are left behind, through effective social services and provision.
Interpretation
Economic growth is essential, but it should also focus on helping those who are disadvantaged.
This quote emphasizes that while economic growth is vital for a society's advancement, it should not be the sole focus. True progress should also consider those who are marginalized or 'left behind', advocating for the provision of social services and support that ensure equitable sharing of resources and opportunities.
In practice
During a community meeting discussing local policies, this quote can be used to advocate for equitable resource distribution.
Globalisation, for me, seems to be not first-order harm, and I find it very hard not to think about the billion people who have been dragged out of poverty as a result.
My work shows how important it is that independent researchers should have access to data so that government statistics can be checked and so that the democratic debate within India can be informed by the different interpretations of different scholars.
How very popular to say, 'spend more on this, expend more on that.' And of course, we all have our favorite causes; I know I do. But someone has to add up the figures. Every business has to do it, every housewife has to do it, [and] every government should do it.
The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.
The true law of economics is chance, and we learned people arbitrarily seize on a few moments and establish them as laws.
As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
Living capital, which has the special capacity to continuously regenerate itself, is ultimately the source of all real wealth. To destroy it for money, a simple number with no intrinsic value, is an act of collective insanity - which makes capitalism a mental, as well as physical pathology.
Eviction is part of a business model at the bottom of the market.
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