--- title: "Meaning & Key Takeaway of: Globalization can be very unjust and…" description: "\"Globalization can be very unjust and unfair and unequal, but these are matters under our control. It’s not that we don’t need the market economy. We ne..." image: "https://sms4smile.com/quotes/i/58e/amartya-sen-2518_dominance_globalization-can-be-very-unjust-and-unf_1380507.png" --- # Globalization can be very unjust and unfair and unequal… ![“Globalization can be very unjust and unfair and unequal, but these are matters under our control. It’s not that we don’t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.” quote by Amartya Sen](https://sms4smile.com/quotes/i/58e/amartya-sen-2518_dominance_globalization-can-be-very-unjust-and-unf_1380507.png) [Download](https://sms4smile.com/quotes/i/58e/amartya-sen-2518_dominance_globalization-can-be-very-unjust-and-unf_1380507.png) [Open image](https://sms4smile.com/quotes/i/58e/amartya-sen-2518_dominance_globalization-can-be-very-unjust-and-unf_1380507.png) > “Globalization can be very unjust and unfair and unequal, but these are matters under our control. It’s not that we don’t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.” [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Market economies are useful but should not dominate; balance with other institutions for justice. **In simple terms:** Markets need balance with other systems. Key Takeaway Ensure institutions share power with markets. Themes justice economics institutional balance Mood analytical critical Type philosophical policy When to use this quote - policy design - social entrepreneurship - regulatory reform Key Concepts social welfare public policy economic theory Questions to Reflect On - What institutions should counterbalance markets? - How can we measure institutional fairness? 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We need someone to do it for us.](https://sms4smile.com/quotes/harry-enfield/the-history-of-post-war-britain-shows-us-that-we-are-lousy-at-running/) [Harry Enfield](https://sms4smile.com/quotes/author/harry-enfield/) > [To be productive and focused, the rugged individuals in our economy need health security so that our country can remain competitive and agile in…](https://sms4smile.com/quotes/joe-sestak/to-be-productive-and-focused-the-rugged-individuals-in-our-economy/) [Joe Sestak](https://sms4smile.com/quotes/author/joe-sestak/) > [Higher education is confronting challenges, like the economy is, about the need for a higher number of more adequately trained, more highly educated citizenry.](https://sms4smile.com/quotes/margaret-spellings/higher-education-is-confronting-challenges-like-the-economy-is-about/) [Margaret Spellings](https://sms4smile.com/quotes/author/margaret-spellings/) ## More by Amartya Sen > [Capability is just a concept of what is it we're looking at. 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And do I have a right to be content…](https://sms4smile.com/quotes/amartya-sen/we-need-to-ask-the-moral-questions-do-i-have-a-right-to-be-rich-and/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [“He wrote extensively on how schools should be made more attractive to boys and girls and thus more productive. His own co-educational school at…](https://sms4smile.com/quotes/amartya-sen/he-wrote-extensively-on-how-schools-should-be-made-more-attractive-to/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [One has to be realistic. One’s concern for equity and justice in the world must not carry one into the alien territory of unreasoned…](https://sms4smile.com/quotes/amartya-sen/one-has-to-be-realistic-one-s-concern-for-equity-and-justice-in-the/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection.](https://sms4smile.com/quotes/amartya-sen/while-i-am-interested-both-in-economics-and-in-philosophy-the-union/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [I was born in a University campus and seem to have lived all my life in one campus or another.](https://sms4smile.com/quotes/amartya-sen/i-was-born-in-a-university-campus-and-seem-to-have-lived-all-my-life/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [If jobs are important, education is important.](https://sms4smile.com/quotes/amartya-sen/if-jobs-are-important-education-is-important/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) > [Thailand's economic development was driven by educational expansion. That has been a very dramatic factor, and South Asia had been pretty miserable in not…](https://sms4smile.com/quotes/amartya-sen/thailand-s-economic-development-was-driven-by-educational-expansion/) [Amartya Sen](https://sms4smile.com/quotes/author/amartya-sen/) [Explore all 162 Amartya Sen quotes ](https://sms4smile.com/quotes/author/amartya-sen/) ## More Dominance quotes > [I believe Saddam Hussein's strategic objective was, and remains, to assert dominance over the Gulf region.](https://sms4smile.com/quotes/sandy-berger/i-believe-saddam-hussein-s-strategic-objective-was-and-remains-to/) [Sandy Berger](https://sms4smile.com/quotes/author/sandy-berger/) > [Check your testosterone levels. 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The…](https://sms4smile.com/quotes/frans-de-waal/i-sometimes-try-to-imagine-what-would-have-happened-if-we-d-known-the/) [Frans de Waal](https://sms4smile.com/quotes/author/frans-de-waal/) > [I think that the global consciousness concerning all those elements that produce tension, fractions of societies, is changing in the sense that we all…](https://sms4smile.com/quotes/gilberto-gil/i-think-that-the-global-consciousness-concerning-all-those-elements/) [Gilberto Gil](https://sms4smile.com/quotes/author/gilberto-gil/) > [It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. 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