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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…” quote by Michel Chossudovsky
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““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””

Michel Chossudovsky

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.

Key Takeaway

Advocate for stronger labor protections.

Themes

labor rights economic policy social welfare deregulation worker burden

Mood

critical concerned

Type

political analytical

When to use this quote

  • policy analysis
  • labor union negotiations
  • public advocacy
  • academic research

Key Concepts

neoliberalism social justice economic inequality

Questions to Reflect On

  • How do deregulation policies affect income inequality?
  • What alternatives protect workers while maintaining economic growth?
A Different Perspective

These policies may boost short‑term efficiency but harm long‑term social stability.

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