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Able Quote by Barack Obama

“This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.” quote by Barack Obama
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“This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.”

Barack Obama

About This Quote

Source Speech: Economic Forum, 2023

The speaker urges using wealth generated by open markets to distribute benefits more fairly, warning that growth is unsustainable if only a few profit.

In simple terms: Share market wealth broadly to sustain growth.

Key Takeaway

Promote equitable sharing of economic gains.

Themes

economics equity growth policy

Mood

optimistic determined

Type

policy inspirational

When to use this quote

  • government planning
  • international negotiations
  • business strategy

Key Concepts

distribution of wealth global development trade policy

Questions to Reflect On

  • How can policies ensure broader benefit from trade?
  • What mechanisms can reduce inequality?
A Different Perspective

Market forces alone cannot ensure fairness without policy intervention.

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