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Economics Quote by Joseph E. Stiglitz

“The only true and sustainable prosperity is shared prosperity.” quote by Joseph E. Stiglitz
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““The only true and sustainable prosperity is shared prosperity.””

Joseph E. Stiglitz

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.

Key Takeaway

Promote policies that reduce inequality.

Themes

economics equity social justice

Mood

hopeful urgent

Type

economic policy

When to use this quote

  • government budgeting
  • tax reform
  • community development
  • NGO programs

Key Concepts

wealth distribution inclusive growth public policy

Questions to Reflect On

  • How can we incentivize wealth sharing?
  • What models ensure sustainable shared prosperity?
A Different Perspective

Sharing may face resistance from privileged groups.

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