If you're totally illiterate and living on one dollar a day, the benefits of globalization never come to you.
Interpretation
Globalization benefits are often inaccessible to those in extreme poverty.
This quote by Jimmy Carter highlights the disparity created by globalization, where individuals living in extreme poverty, such as those who are illiterate and earn very little, unable to access the advantages that globalization offers. It emphasizes the need for inclusive policies that ensure that everyone, regardless of their socio-economic status, can benefit from global economic changes.
In practice
In a speech about economic policy, one could use this quote to emphasize the importance of focusing on literacy and education.
Acknowledging the physical realities of our planet does not mean a dismal future of endless sacrifice. In fact, acknowledging these realities is the first step in dealing with them. We can meet the resource problems of the world - water, food, minerals, farmlands, forests, overpopulation, pollution - if we tackle them with courage and foresight.
The preeminent obstacle to peace is Israel's colonization of Palestine.
I would say the biggest handicap we have right now is some nutcases in our country that don't believe in global warming. I think they are going to change their position because of pressure from individuals, because the evidence of the ravages of global warming is already there.
If I were president, I'd be very glad to see the Palestinians have a nation recognized by the United Nations. There's no downside to it.
My understanding of racial discrimination as a child was highly distorted because the most prominent man in Archery was an African-American bishop. When he came home from up north, where he was in charge of A.M.E. churches in five states, it was front-page news. He was the most successful man in my life.
Our American values are not luxuries but necessities, not the salt in our bread, but the bread itself. Our common vision of a free and just society is our greatest source of cohesion at home and strength abroad, greater than the bounty of our material blessings.
As soon as the recovery is well under way, we need to set up a long-term plan to reduce the structural deficit and make sure we are not leaving a mountain of debt for the next generation.
Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.
Since 1948 I have spent every single day thinking how the economic and political worlds have changed.
President Bush announced his new economic plan. The centerpiece was a proposed repeal of the dividend tax on stocks, a boon that could be worth millions of dollars to average Americans. Well, average stock-owning Americans. Technically, Americans who own a significant amount of shares in dividend-dealing companies. Well, rich people, that's what I'm trying to say. They're going to do really well with this.
I cannot disagree with you that having something like 500 economists is extremely unhealthy. As you say, it is not conducive to independent, objective research. You and I know there has been censorship of the material published. Equally important, the location of the economists in the Federal Reserve has had a significant influence on the kind of research they do, biasing that research toward noncontroversial technical papers on method as opposed to substantive papers on policy and results
The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's always and everywhere a subjective decision.
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