global economic disparity Quotes

Today, you have 20 percent of the world controlling 80 percent of the Gross Domestic Product; you've got a $30 trillion (US) world economy, and $24 trillion of it is in the developed countries... These inequities can't exist. So if you are talking about systemic breakdown, I think you have to look in terms of social breakdown.

The goals of development are always and everywhere stated in terms of consumer value packages standardized around the North Atlantic-and therefore always and everywhere imply more privileges for a few... Underdevelopment is the result of a state of mind common to both socialist and capitalist countries. Present development goals are neither desirable nor reasonable. Unfortunately antiimperialism is no antidote.

The shock caused by the September 11 events has also lead to a thorough reflection on the existing disparity between rich and poor countries, on the misery of populations of the South.

The main issue [of the Scientific Revolution] is that the people in the industrialised countries are getting richer, and those in the non-industrialised countries are at best standing still: so the gap between the industrialised countries and the rest is widening every day. On the world scale this is the gap between the rich and the poor.

Martin Luther King was talking about racism, war and poverty. I think we have made progress enormous progress in racism and war, but we have made little or no progress in poverty. And it's because the economy has gotten more and more complex as we have globalized.

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor.

Globalization ... is the most important change in the history of mankind, and often just the latest name for the conspiracy of the rich against the poor.

Global inequality is such an abstract concept, simply because there is no global government. Telling people in rich countries who have had no increase in real incomes, stagnant median wages and so on, that on the other hand global inequality is going down because people who are much poorer than them are getting richer - it's something that maybe they would like in an abstract sense, because everyone is happy there are fewer poor Chinese, but you may not be as happy if these Chinese are taking your job.

Is globalization about 'the eradication of world poverty,' or is it a mutant variety of colonialism, remote controlled and digitally operated?

If a German company takes over 51 percent of an Indian one, it is given far-reaching controlling rights. But if an Indian company owns the majority of a German company, it is granted only very limited influence. That is unfair.

To those peoples in the huts and villages of half the globe struggling to break the bonds of mass misery, we pledge our best efforts to help them help themselves, for whatever period is required - not because the Communists may be doing it, not because we seek their votes, but because it is right. If a free society cannot help the many who are poor, it cannot save the few who are rich.

Economic globalization creates wealth, but only for the elite who benefit from the surge of consolidations, mergers, global scale technology, and financial activity.