Collectives Quote by Franco Modigliani
“A situation where people can grow old without having a job that rewards them individually while adding to the collective well-being is morally unacceptable.”
About This Quote
Source Speech: Economic Ethics Lecture, 1990
A society that lets elders work without personal reward while benefiting the community is ethically wrong.
In simple terms: Unrewarded work for elders harms morality.
Key Takeaway
Ensure fair recognition for collective contributions.
Themes
ethics
aging
work
community
morality
Mood
reflective
concerned
Type
philosophical
ethical
When to use this quote
- retirement policy
- volunteer programs
- intergenerational projects
Key Concepts
social contract
fairness
collective welfare
Questions to Reflect On
- How can we value contributions beyond monetary reward?
- What policies honor both individual dignity and community benefit?
A Different Perspective
Balancing individual incentives with collective good is complex.
