People who live in poor countries have to be entrepreneurial even just to survive.
Ha-Joon ChangRead
Equality of opportunity is meaningless for those who do not have the capabilities to take advantage of it.
Interpretation
Opportunities are useless without the necessary skills or capabilities to utilize them.
The quote highlights the importance of not just providing equal opportunities but also ensuring that individuals possess the abilities and resources needed to benefit from those opportunities. It suggests that true equality requires addressing the disparities in capabilities, which allows everyone to fully engage with the possibilities offered to them.
In practice
Using this quote in a speech about educational reform to emphasize the need for skill development.
People who live in poor countries have to be entrepreneurial even just to survive.
The widely accepted assertion that, only if you let markets be will everyone be paid correctly and thus fairly, according to his worth, is a myth. Only when we part with this myth and grasp the political nature of the market and the collective nature of individual productivity will we be able to build a more just society in which historical legacies and collective actions, and not just individual talents and efforts, are properly taken into account in deciding how to reward people.
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.
The higher education system in these countries (US, Korea etc) has become like a theatre in which some people decided to stand to get a better view, promoting the others behind them to stand. Once enough people stand, everyone has to stand, which means no one is getting a better view, while everyone has become more uncomfortable.
There is no such thing as a free market.
[Good managers] know that people have 'good' sides and 'bad' sides and that the secret of good management is in magnifying the former and toning down the latter.
If you really want to change a culture to empower women improve basic hygiene and health care and fight high rates of infant mortality the answer is to educate girls.
My education was neglected, yet I was passionately fond of reading.
Well, I don't know about objectivity, but I know for certain that it's always possible for a professional journalist who understands what he or she's up to to be fair, and that's the key word. Fairness to individuals, fairness to ideas, and to issues and whatever - that is critical, and that is also part and parcel of what the job.
We cannot learn from one another until we stop shouting at one another - until we speak quietly enough so that our words can be heard as well as our voices.
To push for excellence today without continuing to push for access for less privileged students is to undermine the crucial but incomplete gains that have been made. Equity and excellence cannot be divided.
When I had no money, and a great book came out, I couldn't get it. I had to wait. I love the idea that I have hardcover books here and at home that I haven't read yet. That's how I view that I'm rich. I have hardcover books I may never read.
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