May each of you live lives of immersion. They won't necessarily be easy lives. But in the end, it is all that will sustain us.
Jacqueline NovogratzRead
The poor don't live in functional market economies as the rest of us do, but in political economies where corruption and broken systems extend from local government to moneylenders.
Interpretation
The poor are affected by corrupt political systems rather than functioning market economies.
This quote by Jacqueline Novogratz highlights the stark contrast between the lives of the poor and those of the economically privileged. While some people operate within systems that promote fair market practices, many poor individuals find themselves trapped in political economies characterized by corruption and inefficiency, where local governments and financial systems exploit rather than empower them.
In practice
In a speech addressing socioeconomic disparities, this quote could emphasize the importance of addressing corruption in economic systems.
May each of you live lives of immersion. They won't necessarily be easy lives. But in the end, it is all that will sustain us.
When people gain income, they gain choice, and that is fundamental to dignity.
I've been working on issues of poverty for more than 20 years, and so it's ironic that the problem that and question that I most grapple with is how you actually define poverty. What does it mean?
Each of us can work to change a small portion of events. And it's in the total of all those acts that the history of this generation will be written.
Don't let people tell you to do it this way. You are on the verge of figuring out hybrid models -- with companies and nonprofits, markets, government, crowd-sourced philanthropy. The capitalist system as we know it is not working.
Traditional charity and aid are never going to solve the problems of poverty.
The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.
The shortage of buyers, which the world is suffering from, is readily understood, not as due to people not wishing to obtain possession of goods, but as people being unwilling to part with something which might earn a regular income in exchange for those goods.
By killing transparency and competition, crony capitalism is harmful to free enterprise, opportunity, and economic growth. And by substituting special interests for the public interest, it is harmful to democratic expression.
He who controls the money supply of a nation controls the nation.
What many economists fail to understand is that poor people are no less concerned about improving their lot and that of their children than rich people are.
What do you think a stimulus is? Itβs spending - that's the whole point! Seriously.
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