The only way really to influence countries, in terms of poverty, is to get them to change their policies and get them to understand what the issues are.
James WolfensohnRead
In this time of globalization, with all its advantages, the poor are the most vulnerable to having their traditions, relationships and knowledge and skills ignored and denigrated, and experiencing development with a great sense of trauma, loss and social disconnectedness.
Interpretation
What this quote means
Globalization can lead to the neglect of the traditions and relationships of the poor, causing social trauma and disconnection.
This quote by James Wolfensohn highlights the adverse effects of globalization on marginalized populations. While globalization offers various benefits, it often comes at the cost of undermining the cultural and social frameworks of poorer communities, leading to feelings of trauma, loss, and isolation as they struggle to retain their identities in an increasingly interconnected world.
Themes
GlobalizationTraditionsRelationshipsPovertyDevelopmentSocialDisconnect
In practice
Example use cases
In a speech about the impact of globalization on rural communities, this quote emphasizes the need for awareness and support.
More from James Wolfensohn
All quotes →Too many of the conflicts which are caused today are caused by the problems that emerge from people who are in poverty.
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So the first thing you need to do about conflict is to prevent it, and the best way of preventing it is by dealing with the question of poverty.
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When I travel, I make certain that I spend at least half of my time in the field. You have to get out to meet people that are in poverty, that are looking to improve their lives. That's something that you can't read in books.
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The Bank had never used the word 'corruption' at all until I got there, and the reason for that was, as the general counsel pointed out to me, that quite a number of our shareholders represented were not immune from corruption in their governments.
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