Costs Quote by Jose Angel Gurria
“High levels of inequality generate high costs for society, dampening social mobility, undermining the labour market prospects of vulnerable social groups, and creating social unrest.”
About This Quote
Source Speech: Economic Forum, 2022
Inequality raises societal costs, limits mobility, harms labor prospects for vulnerable groups, and fuels unrest.
In simple terms: High inequality harms society and stability.
Key Takeaway
Address inequality to improve social stability.
Themes
economics
social justice
public policy
labor markets
Mood
concerned
analytical
Type
policy
analytical
When to use this quote
- policy briefs
- government reports
- academic papers
Key Concepts
inequality impact
social cohesion
economic efficiency
Questions to Reflect On
- What policies can reduce inequality?
- How can societies balance growth with equity?
A Different Perspective
May oversimplify complex causes; solutions require multi‑sector effort.
