Arbitrary Quote by John Maynard Keynes
“The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.”
About This Quote
Source Book: The General Theory of Employment, Interest and Money, 1936
The economic system fails to ensure full employment and distributes wealth unfairly.
In simple terms: Economy lacks jobs and spreads wealth unevenly.
Implement policies for full employment and fair distribution.
Themes
Mood
Type
When to use this quote
- job creation programs
- progressive taxation
- social safety nets
Key Concepts
Questions to Reflect On
- How can we design jobs that are both productive and inclusive?
- What mechanisms ensure fair wealth distribution without stifling growth?
Solutions must balance incentives and market dynamics.