Economic Growth Quotes
Quotes tagged as "economic-growth"
Showing 1-30 of 102

“When learning is purposeful, creativity blossoms. When creativity blossoms, thinking emanates. When thinking emanates, knowledge is fully lit. When knowledge is lit, economy flourishes.”
― Indomitable Spirit
― Indomitable Spirit

“Both political parties have moved to the right during the neoliberal period. Today鈥檚 New Democrats are pretty much what used to be called 鈥渕oderate Republicans.鈥� The 鈥減olitical revolution鈥� that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.
The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the 鈥�50s and 鈥�60s, the minimum wage鈥攚hich sets a floor for other wages鈥攖racked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.”
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The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the 鈥�50s and 鈥�60s, the minimum wage鈥攚hich sets a floor for other wages鈥攖racked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.”
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“Perhaps the answer is that it is necessary to slow down, finally giving up on economistic fanaticism and collectively rethink the true meaning of the word 鈥渨ealth.鈥� Wealth does not mean a person who owns a lot, but refers to someone who has enough time to enjoy what nature and human collaboration place within everyone鈥檚 reach. If the great majority of people could understand this basic notion, if they could be liberated from the competitive illusion that is impoverishing everyone鈥檚 life, the very foundations of capitalism, would start to crumble (p. 169).”
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“Economic growth has liberated societies from the natural pressures that forced them into an immediate struggle for survival; but they have not yet been liberated from their liberator. The commodity鈥檚 independence has spread to the entire economy it now dominates. This economy has transformed the world, but it has merely transformed it into a world dominated by the economy.”
― The Society of the Spectacle
― The Society of the Spectacle

“Governments and central banks were quietly admitting something they were still reluctant to announce publicly: the extraordinary power of private-sector banks lending to determine the pace of money creation, and therefore economic growth.”
― The Value of Everything: Making and Taking in the Global Economy
― The Value of Everything: Making and Taking in the Global Economy
“Thomas Malthus (1766鈥�1834) had a growth schema with only two factors of production鈥攏atural resources and labour鈥攚ith no allowance for technical progress, capital formation, or gains from international specialization. In 1798, he portrayed the general situation of humanity as one where population pressure put such strains on the ability of natural resources to produce subsistence that equilibrium would be attained only by various catastrophes. His influence has been strong and persistent, largely because of his forceful rhetoric and primitive scaremongering鈥e would have been very surprised to discover that Britain in 2003 would have only 1.2 per cent of its working population in agriculture and a life expectation of 78 years.”
― Contours of the World Economy, 1-2030 AD: Essays in Macro-Economic History
― Contours of the World Economy, 1-2030 AD: Essays in Macro-Economic History
“For economy is not just numbers and charts, But the beating heart of human hearts, A chance for progress, a chance for all, To rise and flourish, standing tall.”
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“Economy is a living project, And with cooperation and determination, We'll build a better future for every nation.”
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“Commerce is a cure for the most destructive prejudices; for it is almost a general rule, that wherever we find agreeable manners, there commerce flourishes; and that wherever there is commerce, there we meet with agreeable manners.”
― The Spirit of the Laws
― The Spirit of the Laws

“The engine of economic growth must be fueled by inclusivity and opportunity for all. Only a foolish society would accept the spread of poverty in exchange for growth.”
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“If the Sun is the source of flow in the economy of nature, what is the 鈥淪un鈥� of a human gift economy, the source that consonantly replenishes the flow of gifts? Maybe it is love.”
― The Serviceberry: Abundance and Reciprocity in the Natural World
― The Serviceberry: Abundance and Reciprocity in the Natural World

“Trading caves for concrete isn't progress,
Trading spears for shotgun isn't advancement.
Trading animism for dollarism isn't growth,
Trading cannibalism for nationalism isn't upliftment.”
― Amantes Assemble: 100 Sonnets of Servant Sultans
Trading spears for shotgun isn't advancement.
Trading animism for dollarism isn't growth,
Trading cannibalism for nationalism isn't upliftment.”
― Amantes Assemble: 100 Sonnets of Servant Sultans

“The world needs hands of humanness,
Not tentacles of authoritarianism.
The world needs the madness to make billions smile,
Not the mad pursuit of billionairism.”
― Amantes Assemble: 100 Sonnets of Servant Sultans
Not tentacles of authoritarianism.
The world needs the madness to make billions smile,
Not the mad pursuit of billionairism.”
― Amantes Assemble: 100 Sonnets of Servant Sultans
“When you change your life, you really change your life.”
― The Total Money Makeover: A Proven Plan for Financial Fitness
― The Total Money Makeover: A Proven Plan for Financial Fitness

“Luxury is a violation of human rights.”
― Corazon Calamidad: Obedient to None, Oppressive to None
― Corazon Calamidad: Obedient to None, Oppressive to None

“Economic growth doesn't mean the growth of disparity, it means the end of disparity. And we can never end disparity from our society unless we cut off all ties with luxury, preferably by individual accountability, if not, then by means of policy.”
― Corazon Calamidad: Obedient to None, Oppressive to None
― Corazon Calamidad: Obedient to None, Oppressive to None

“But there are limits to economic growth. The economy cannot grow forever. The modern economy has to find an eco-friendly method of expanding than munching the worker's souls and choking nature鈥檚 throats in the face of global warming.”
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“Sustained economic growth is not compatible with predatory cleptocratic government.”
― An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present
― An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present
“I believe the technological industry is switching in a different direction that one may think in the Metaverse. Why spend trillions of dollars on big data when it is becoming more useless? We need dynamic content to create a boom in the tech industry for the next millennium. Why hire someone with a 4 year degree from college for a career in database administration when companies can't afford to pay 100k a year? We can manage it quite fine in google sheets or excel. The utilization of AI will then completely defeat the purpose of Data As A Service when a program can dynamically build hash objects in random access memory by simply using a small script like (via switch) while creating a [5th XYZ Stargate] just like the Diablo version, but with a smaller seed. You could then store those objects for the blockchain Inna virtualized file container ;)." - Jonathan Roy Mckinney”
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“What鈥檚 stressing me out is endemic government corruption, depleted foreign reserves and crippling debt have fractured Pakistan鈥檚 economy beyond repair. Nevertheless, Pakistan鈥檚 economic situation is a direct reflection of misplaced priorities and policy paralysis for decades.”
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“We must challenge corruption - only then we can be in a position to break the vicious cycle of economic inequality and pave the path of prosperity and peace.”
― Our Nepal, Our Pride
― Our Nepal, Our Pride

“Better all head back to the jungle
than some fly in private jets
while others cry of hunger.
Better have no progress whatsoever,
than the rich get richer, and the poor poorer.”
― Vande Vasudhaivam: 100 Sonnets for Our Planetary Pueblo
than some fly in private jets
while others cry of hunger.
Better have no progress whatsoever,
than the rich get richer, and the poor poorer.”
― Vande Vasudhaivam: 100 Sonnets for Our Planetary Pueblo

“Faith in technology as the ultimate solution to all problems can thus divert our attention from the most fundamental problem-the problem of growth in a finite system and prevent us from taking effective action to solve it.”
― The Limits to Growth
― The Limits to Growth

“Today, the war is not based on the strongest or territorial gains, but on the smartest and only on the economic level.”
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“Simply put, we need plenty of risk capital flowing into the real economy and real startups solving real problems. You see, if we鈥檙e living in an environment where small businesses鈥攖he real engines of the economy and job creators鈥攁re dying faster than they are being born, you start to wonder what鈥檚 wrong with a financing system that is meant to deliver the oxygen for new ventures.”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“Simply put, we need plenty of risk capital flowing into the real economy and real startups solving real problems. You see, if we鈥檙e living in an environment where small businesses鈥攖he real engines of the economy and job creators鈥攁re dying faster than they are being born, you start to wonder what鈥檚 wrong with a financing system that is meant to deliver the oxygen for new ventures. Do you hear me, derivatives鈥� traders? By the end of 2019, those guys scored $559 trillion 鈥� which would be equal to almost seven times the world total GDP that same year. What can go wrong?”
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
― Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
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