Back Quote by Frances O'Grady
“The difficulty for the Government is there's this ideological straitjacket of the market will provide, let the market rip and everything will work out... It's back to trickle-down economics, which, it's plain to see, have not delivered.”
About This Quote
Source Article: Economic Review, 2021
Government faces constraints from market‑centric ideology; trickle‑down promises have failed to deliver broad prosperity.
In simple terms: Market‑first policies often don’t help everyone.
Question reliance on market solutions.
Themes
Mood
Type
When to use this quote
- politics
- economic planning
- social programs
Key Concepts
Questions to Reflect On
- What alternatives could address unmet needs?
- How can policy balance market and social goals?
Market optimism can ignore structural issues.