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Acquire Quote by Walter Lippmann

“A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful…” quote by Walter Lippmann
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“A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.”

Walter Lippmann

About This Quote

Redistributing wealth from those who contribute little to those who can use it productively boosts overall societal efficiency.

In simple terms: Wealth reallocation raises productivity.

Key Takeaway

Targeted redistribution improves output.

Themes

economic efficiency wealth redistribution social utility productivity policy

Mood

critical analytical

Type

policy statement economic observation

When to use this quote

  • government fiscal policy
  • tax reform
  • social welfare programs

Key Concepts

income inequality resource allocation social engineering

Practical Applications

  • public budgeting
  • economic development planning

Questions to Reflect On

  • How does wealth redistribution affect innovation?
  • What defines a 'useful' member of society?
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