Sovannarun TAY

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The Economics of ...
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Michel Foucault
“Is it surprising that the cellular prison, with its regular chronologies, forced labour, its authorities of surveillance and registration, its experts in normality, who continue and multiply the functions of the judge, should have become the modern instrument of penality? Is it surprising that prisons resemble factories, schools, barracks, hospitals, which all resemble prisons?”
Michel Foucault

C. Wright Mills
“Neither the life of an individual nor the history of a society can be understood without understanding both.”
C. Wright Mills, The Sociological Imagination

Joseph E. Stiglitz
“To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds to society. The latter typically subtracts from it, for in the process of taking it away, wealth gets destroyed. A monopolist who overcharges for his product takes money from those whom he is overcharging and at the same time destroys value. To get his monopoly price, he has to restrict production.”
Joseph E. Stiglitz, The Price of Inequality: How Today's Divided Society Endangers Our Future

C. Wright Mills
“Those in authority within institutions and social structures attempt to justify their rule by linking it, as if it were a necessary consequence, with moral symbols, sacred emblems, or legal formulae which are widely believed and deeply internalized. These central conceptions may refer to a god or gods, the 'votes of the majority,' the 'will of the people,' the 'aristocracy of talents or wealth,' to the 'divine right of kings' or to the alleged extraordinary endowment of the person of the ruler himself.”
C. Wright Mills, Character and Social Structure: Psychology of Social Institutions

Joseph E. Stiglitz
“The only true and sustainable prosperity is shared prosperity.”
Joseph E. Stiglitz

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