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Around the world Quote by Simon Mainwaring

“And if you look at the reality in the United States, where you have more than 40 million people below the poverty line and 42 million on food stamps, and then you look at poverty around the world, clearly the way we're running the engine of capitalism is not serving us well.” quote by Simon Mainwaring
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“And if you look at the reality in the United States, where you have more than 40 million people below the poverty line and 42 million on food stamps, and then you look at poverty around the world, clearly the way we're running the engine of capitalism is not serving us well.”

Simon Mainwaring

About This Quote

Source Speech: Economic Forum, 2015

Capitalism as currently practiced fails to lift many out of poverty, both domestically and globally.

In simple terms: Capitalism isn’t helping many people.

Key Takeaway

Rethink economic policies.

Themes

poverty economics policy inequality

Mood

concerned critical

Type

analytical commentary

When to use this quote

  • government budgeting
  • NGO advocacy
  • public debate
  • education reform

Key Concepts

Capitalist critique social welfare

Questions to Reflect On

  • How can wealth be shared more equitably?
  • What policies could reduce poverty?
A Different Perspective

Capitalism can generate growth but may ignore distribution.

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