“The principle that human security and well-being should be privileged over short-term economic gains is neither new nor radical.”

Simplified Meaning:

Taking care of people's safety and happiness is more important than making quick money, and this idea has been around for a long time. Imagine a factory that makes clothes. If the owner spends money to make sure the factory is safe and workers are happy, the factory may not make as much money right away. However, the workers will be healthier and more productive, and the factory will run smoothly for many years. This concept is seen in many places. For example, laws that ban child labor recognize that it's more important to protect children than to exploit them for profit. Also, companies that offer good working conditions and fair pay often have loyal employees and fewer problems, even if they don't make the highest profits immediately. Thinking about people first leads to long-term success and stability. Ignoring this might give quick advantages, but often causes bigger issues later. When making decisions, prioritizing the welfare of people creates a better environment for everyone to thrive.