Deregulation Quote by Michel Chossudovsky
““expenditures are trimmed and social welfare programs are undone. State policies promote the deregulation of the labor market: deindexation of earnings, part-time employment, early retirement and the imposition of so-called “voluntary” wage cuts. . . In turn, the practice of attrition – which shifts the social burden of””
About This Quote
Source Book: Globalization and Its Discontents, 2005
The quote critiques policies that weaken labor protections and shift social burdens onto workers, highlighting how deregulation erodes welfare and wages.
In simple terms: Policies weaken labor rights and increase worker burden.
Advocate for stronger labor protections.
Themes
Mood
Type
When to use this quote
- policy analysis
- labor union negotiations
- public advocacy
- academic research
Key Concepts
Questions to Reflect On
- How do deregulation policies affect income inequality?
- What alternatives protect workers while maintaining economic growth?
These policies may boost short‑term efficiency but harm long‑term social stability.