There is no plausible theory under which the record of the Pentagon Papers can be interpreted as relating to the national defense.
Noam ChomskyRead
Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists.
Interpretation
What this quote means
Chomsky suggests that perpetual economic growth can distract from societal inequalities and privileges.
In this quote, Noam Chomsky critically assesses the notion of unlimited economic growth, pointing out that it serves to placate dissatisfaction among the populace while simultaneously upholding the privileges of the few. This phenomenon occurs when the promise of growth overshadows underlying issues of inequality, highlighting a tension in liberal economic thought that is often overlooked.
Themes
Economic GrowthPrivilegeDiscontentInequalityLiberal Economics
In practice
Example use cases
During an economic summit, this quote can be used to critique policies that favor growth over equity.
More from Noam Chomsky
All quotes βThe 'free-floating intellectual' may occupy himself with problems because of their inherent interest and importance, perhaps to little effect.
Noam ChomskyRead
If you're teaching today what you were teaching five years ago, either the field is dead or you are.
Noam ChomskyRead
There are very few people who are going to look into the mirror and say, 'That person I see is a savage monster;' instead, they make up some construction that justifies what they do.
Noam ChomskyRead
The Republican Party has become overwhelmingly so extreme that it's hardly a traditional political party anymore.
Noam ChomskyRead
There is still much debate about whether torture has been effective in eliciting information - the assumption being, apparently, that if it is effective, then it may be justified.
Noam ChomskyRead
Similar quotes
What Asia's postwar economic miracle demonstrates is that_x000D_ capitalism is a path toward economic development that is potentially_x000D_ available to all countries. No underdeveloped country in the_x000D_ Third World is disadvantaged simply because it began the growth_x000D_ process later than Europe, nor are the established industrial powers_x000D_ capable of blocking the development of a latecomer, provided_x000D_ that country plays by the rules of economic liberalism.
Francis FukuyamaRead
Conventional economic theory... counts the depletion of resources as the accumulation of wealth.
Mark LynasRead
The best and most sustainable love story for markets is one based on a healthy and dynamic real economy that creates jobs and opportunities for many more people.
Mohamed El-ErianRead
Close the weak banks and impose serious capital requirements on the strong ones...You see, it may sound hard-hearted, but you cannot keep unsound financial institutions operating simply because they provide jobs.
Paul KrugmanRead
What do you think a stimulus is? Itβs spending - that's the whole point! Seriously.
Barack ObamaRead
The key words of violent economics are urbanization, industrialization, centralization, efficiency, quantity, speed. . . . The problem of evolving a nonviolent way of economic life [in the West] and that of developing the underdeveloped countries may well turn out to be largely identical.
E. F. SchumacherRead