Economic growth Quote by Naomi Klein
“Since the 1980s, we've been living in this era, really, of corporate rule, based on this idea that the role of government is to liberate the power of capital so that they can have as much economic growth as quickly as possible, and then all good things will flow from that.”
About This Quote
The quote critiques a neoliberal paradigm where government’s purpose is to unleash capital for rapid growth, assuming that wealth automatically produces societal benefits.
In simple terms: Government should not just boost profit; growth alone isn’t enough for public good.
Unchecked capitalism can neglect broader social welfare.
Themes
Mood
Type
When to use this quote
- policy debates on deregulation
- corporate lobbying
- tax reforms
Key Concepts
Practical Applications
- advocating for balanced regulation
- designing inclusive economic metrics
Questions to Reflect On
- How should governments balance capital freedom with social equity?
- What metrics better capture societal progress than GDP?
Rapid growth can sometimes lift living standards, especially in developing economies.