Economics Quote by Joseph E. Stiglitz
““The only true and sustainable prosperity is shared prosperity.””
About This Quote
Source Speech: World Economic Forum, 2015
True, lasting prosperity only occurs when wealth is shared among all members of society.
In simple terms: Prosperity must be shared to last.
Promote policies that reduce inequality.
Themes
Mood
Type
When to use this quote
- government budgeting
- tax reform
- community development
- NGO programs
Key Concepts
Questions to Reflect On
- How can we incentivize wealth sharing?
- What models ensure sustainable shared prosperity?
Sharing may face resistance from privileged groups.