Models of Capitalism Quotes

“You cannot get off the treadmill simply by running faster. All you can do by that mechanism is temporarily pass others, until they respond by running faster too, with the long-term consequence of having the whole field increase their speed just to stand still. The victor in such a race is not the runner, but the treadmill.”
― David Coates, Models of Capitalism: Growth and Stagnation in the Modern Era