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Quote by Jason Hickel

“In the late 1970s, growth in Western economies began to slow down and returns on capital began to decline. Governments came under pressure to do something about it – to create a ‘fix’ for capital. So they attacked unions and gutted labour laws in order to drive the cost of wages down, and they privatised public assets that had previously been off limits to capital – mines, railways, energy, water, healthcare, telecommunications and so on – creating lucrative opportunities for private investors.”

Quote by Jason Hickel

Book:Less Is More: How Degrowth Will Save the World
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Less Is More: How Degrowth Will Save the World

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Jason Hickel

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