Quote by Noam Chomsky
Unlimited economic growth has the marvelous quality of stilling discontent while maintaining privilege, a fact that has not gone unnoticed among liberal economists.
Summary
This quote suggests that unlimited economic growth has the ability to suppress feelings of discontent and maintain privilege within society. It implies that this observation has been acknowledged by liberal economists. In other words, continuous economic growth can be seen as a solution to social dissatisfaction and inequality, but it also perpetuates existing privileges and advantages. The quote may be hinting at how material prosperity can be used as a tool to pacify people's concerns and prevent them from questioning or challenging the status quo.
Topics
Growth
By Noam Chomsky