Economic Quote by Jonah Goldberg
“A rising economic tide is bad for people who live off of the poverty of others.”
About This Quote
Source Speech: Economic Commentary, Jonah Goldberg, 2015
When overall wealth grows, those who profit from exploiting the poor suffer because their source of cheap labor diminishes.
In simple terms: Economic growth hurts those who rely on others' poverty.
Key Takeaway
Consider how policies affect all income levels.
Themes
economics
inequality
policy
morality
social justice
Mood
thoughtful
critical
concerned
Type
analytical
ethical
political
When to use this quote
- policy making
- social advocacy
- business strategy
- community development
Key Concepts
exploitation
wealth distribution
labor markets
Questions to Reflect On
- How do you balance growth with equity?
- What policies protect those dependent on low‑cost labor?
A Different Perspective
If growth is uneven, the poor may still suffer despite overall gains.
![“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always…” quote by Lawrence Summers](https://sms4smile.com/quotes/img-quotes/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)
