Economics has been incurably growth-oriented and addicted to everybody growing richer, even at the cost of exhaustion of resources and pollution of the environment.
Kenneth E. BouldingRead
When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.
Interpretation
What this quote means
Concentration of wealth among a few leads to exploitation and inequality.
This quote expresses the idea that when wealth is concentrated in the hands of a small group of people, it creates an imbalance of power that negatively impacts laborers and the resources of a nation. The author argues that laborers would benefit the most when they have control over their own work and its fruits, suggesting that true economic equity comes from shared ownership and distribution of resources.
Themes
WealthLaborPowerResourcesControlEconomy
In practice
Example use cases
In a discussion about economic disparity at a public forum.
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