Home > Author > Joseph E. Stiglitz >

" Globalization has, for instance, brought new ideas to many countries, including ideas about democracy, human rights, and equality. A change in technology or market structure—the move from agriculture to manufacturing, or from manufacturing to a service sector economy—inevitably is accompanied by societal changes of enormous magnitude, including ideas about how society and the economy should be organized. The development of manufacturing required a more educated labor force, and it was difficult to make an argument not to extend voting rights to the well educated, even if they were not members of earlier elites. "

Joseph E. Stiglitz , The Price of Inequality: How Today's Divided Society Endangers Our Future


Image for Quotes

Joseph E. Stiglitz quote : Globalization has, for instance, brought new ideas to many countries, including ideas about democracy, human rights, and equality. A change in technology or market structure—the move from agriculture to manufacturing, or from manufacturing to a service sector economy—inevitably is accompanied by societal changes of enormous magnitude, including ideas about how society and the economy should be organized. The development of manufacturing required a more educated labor force, and it was difficult to make an argument not to extend voting rights to the well educated, even if they were not members of earlier elites.