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Economic policies absorb almost the entire attention of government, and at the same time become ever more impotent. The simplest things, which only fifty years ago one could do without difficulty, cannot get done any more. The richer a society, the more impossible it become to do worthwhile things without immediate payoff.
E. F. Schumacher
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Interpretation

What this quote means

Economic policies often dominate government focus, leading to inefficiencies and an inability to accomplish simple tasks as society becomes wealthier.

E. F. Schumacher's quote reflects on how the focus of government on complex economic policies can lead to a paradox where, despite the wealth of a society, simple and worthwhile tasks become increasingly difficult to achieve. He suggests that as societies grow richer, they often lose sight of the intrinsic value of actions that do not yield immediate financial returns, leading to a disconnect between economic success and meaningful progress.

Themes

Economic PoliciesSocietyWorthwhile ActionsGovernment Focus

In practice

Example use cases

In a discussion about the challenges faced by modern governments in addressing simple societal needs.

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The printing press is either the greatest blessing or the greatest curse of modern times, sometimes one forgets which it is.
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The heart of the matter, as I see it, is the stark fact that world poverty is primarily a problem of two million villages, and thus a problem of two thousand million villagers.
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Quote by E. F. Schumacher | QuoteProject