--- title: "Meaning & Key Takeaway of: This is the moment when we must build on…" description: "\"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..." image: "https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg" --- # This is the moment when we must build on the wealth that… ![“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](https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg) [Download](https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg) [Open image](https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg) > “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](https://sms4smile.com/quotes/author/barack-obama/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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. ★ ★ ★ ★ ★ No ratings yet [Able](https://sms4smile.com/quotes/about/able/) [Benefits](https://sms4smile.com/quotes/about/benefits/) [Build Wealth](https://sms4smile.com/quotes/about/build-wealth/) [China](https://sms4smile.com/quotes/about/china/) [Development](https://sms4smile.com/quotes/about/development/) [Favors](https://sms4smile.com/quotes/about/favors/) [Growth](https://sms4smile.com/quotes/about/growth/) [Investing](https://sms4smile.com/quotes/about/investing/) [Open Markets](https://sms4smile.com/quotes/about/open-markets-231436/) [Share](https://sms4smile.com/quotes/about/share/) [Sustain Growth](https://sms4smile.com/quotes/about/sustain-growth-2670029/) [Time](https://sms4smile.com/quotes/about/time/) [Trade](https://sms4smile.com/quotes/about/trade/) [Trade Cornerstone](https://sms4smile.com/quotes/about/trade-cornerstone-5475328/) [Wealth](https://sms4smile.com/quotes/about/wealth/) [Wealth Open](https://sms4smile.com/quotes/about/wealth-open-231435/) ## Related quotes > [Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.](https://sms4smile.com/quotes/rupert-murdoch/don-t-let-s-lose-sight-of-what-creates-wealth-it-is-open-markets-it/) [Rupert Murdoch](https://sms4smile.com/quotes/author/rupert-murdoch/) > [In some ways, with the security challenges this country has faced, we have had to put in rules and regulations for business to be…](https://sms4smile.com/quotes/wayne-allard/in-some-ways-with-the-security-challenges-this-country-has-faced-we/) [Wayne Allard](https://sms4smile.com/quotes/author/wayne-allard/) > [“As with Britain, growth in the United States started with agriculture. Then, steel, railroads, automobiles, electricity, consumer appliances, telecommunications and chemicals were among the…](https://sms4smile.com/quotes/edward-a-hudson/as-with-britain-growth-in-the-united-states-started-with-agriculture/) [Edward A. Hudson](https://sms4smile.com/quotes/author/edward-a-hudson/) > [We want open markets, rather than a lack of competition resulting in coercion.](https://sms4smile.com/quotes/lina-khan/we-want-open-markets-rather-than-a-lack-of-competition-resulting-in/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [We had Taiwan, Egypt, Lebanon, and Oman open their markets to our beef, and we're excited about that.](https://sms4smile.com/quotes/mike-johanns/we-had-taiwan-egypt-lebanon-and-oman-open-their-markets-to-our-beef/) [Mike Johanns](https://sms4smile.com/quotes/author/mike-johanns/) > [While I believe firmly in open markets and free trade, I also believe an open market needs a level playing field.](https://sms4smile.com/quotes/philip-hammond/while-i-believe-firmly-in-open-markets-and-free-trade-i-also-believe/) [Philip Hammond](https://sms4smile.com/quotes/author/philip-hammond/) > [Open markets offer the only realistic hope of pulling billions of people in developing countries out of abject poverty, while sustaining prosperity in the…](https://sms4smile.com/quotes/kofi-annan/open-markets-offer-the-only-realistic-hope-of-pulling-billions-of/) [Kofi Annan](https://sms4smile.com/quotes/author/kofi-annan/) > [There's no conflict between the social-welfare state and open markets.](https://sms4smile.com/quotes/gerhard-schroder/there-s-no-conflict-between-the-social-welfare-state-and-open-markets/) [Gerhard Schroder](https://sms4smile.com/quotes/author/gerhard-schroder/) > [In China, if they open the markets, it will force local companies to compete with international players, and the local companies will benefit in…](https://sms4smile.com/quotes/stan-shih/in-china-if-they-open-the-markets-it-will-force-local-companies-to/) [Stan Shih](https://sms4smile.com/quotes/author/stan-shih/) > [Trade has helped the economy grow. Simultaneously, a sizable number of Americans haven't shared in that bounty, and if we don't pay attention to…](https://sms4smile.com/quotes/austan-goolsbee/trade-has-helped-the-economy-grow-simultaneously-a-sizable-number-of/) [Austan Goolsbee](https://sms4smile.com/quotes/author/austan-goolsbee/) > [Predictably, open markets made it possible for countries to drive rapid growth by hitching their wagon to the world economy and using global demand…](https://sms4smile.com/quotes/arancha-gonzalez/predictably-open-markets-made-it-possible-for-countries-to-drive/) [Arancha Gonzalez](https://sms4smile.com/quotes/author/arancha-gonzalez/) > [When America closes its doors, so does everybody else. We are the primary engine of growth in the world and we are the only…](https://sms4smile.com/quotes/jon-huntsman-jr/when-america-closes-its-doors-so-does-everybody-else-we-are-the/) [Jon Huntsman, Jr](https://sms4smile.com/quotes/author/jon-huntsman-jr/) > [America is the primary engine of growth in the world and we are the only beacon of free trade left, and open markets.](https://sms4smile.com/quotes/jon-huntsman-jr/america-is-the-primary-engine-of-growth-in-the-world-and-we-are-the/) [Jon Huntsman, Jr](https://sms4smile.com/quotes/author/jon-huntsman-jr/) > [In a democracy, you don't need anyone's permission to form a new political party, publish a politically charged article, or organize a 'tea party.'…](https://sms4smile.com/quotes/gary-hamel/in-a-democracy-you-don-t-need-anyone-s-permission-to-form-a-new/) [Gary Hamel](https://sms4smile.com/quotes/author/gary-hamel/) > [The case for open markets, free trade, private investment and technology has never been stronger in development. Over the decades, this combination has driven…](https://sms4smile.com/quotes/priti-patel/the-case-for-open-markets-free-trade-private-investment-and/) [Priti Patel](https://sms4smile.com/quotes/author/priti-patel/) ## More by Barack Obama > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The peaceful transition of power is one of the hallmarks of our democracy.](https://sms4smile.com/quotes/barack-obama/the-peaceful-transition-of-power-is-one-of-the-hallmarks-of-our/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [As opposed to getting into arguments about, well, these folks have been treated fairly so now we're going to be doing things that, very…](https://sms4smile.com/quotes/barack-obama/as-opposed-to-getting-into-arguments-about-well-these-folks-have-been/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Donald Trump is temperamentally unfit.](https://sms4smile.com/quotes/barack-obama/donald-trump-is-temperamentally-unfit/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [What we've said to the girls is: 'If you guys ever decide that you're going to get a tattoo, then mommy and me will…](https://sms4smile.com/quotes/barack-obama/what-we-ve-said-to-the-girls-is-if-you-guys-ever-decide-that-you-re/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Nobody is listening to your telephone calls.](https://sms4smile.com/quotes/barack-obama/nobody-is-listening-to-your-telephone-calls/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [All of us take offense to anyone who reaps the rewards of living in America without taking on the responsibilities of living in America.…](https://sms4smile.com/quotes/barack-obama/all-of-us-take-offense-to-anyone-who-reaps-the-rewards-of-living-in/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [The world is complicated and full of grays, but there's still truth there to be found.](https://sms4smile.com/quotes/barack-obama/the-world-is-complicated-and-full-of-grays-but-there-s-still-truth/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ That is another theme in the book \[Dreams from My Father\]. How do we exercise more empathy in our public discourse? How do we… ](https://sms4smile.com/quotes/barack-obama/that-is-another-theme-in-the-book-dreams-from-my-father-how-do-we/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I can say across Europe that many principles that have been taken for granted here around free speech, and around civil liberties and an…](https://sms4smile.com/quotes/barack-obama/i-can-say-across-europe-that-many-principles-that-have-been-taken-for/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [So Americans understand the costs of war. Yet as a country, we will never tolerate our security being threatened, nor stand idly by when…](https://sms4smile.com/quotes/barack-obama/so-americans-understand-the-costs-of-war-yet-as-a-country-we-will/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [I want to thank the Greek people publicly for their humanitarian response to the crisis of so many migrants and refugees seeking safety in…](https://sms4smile.com/quotes/barack-obama/i-want-to-thank-the-greek-people-publicly-for-their-humanitarian/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [We had a farewell dinner for some of my senior staff, and generally everybody likes to talk about how cool I was.](https://sms4smile.com/quotes/barack-obama/we-had-a-farewell-dinner-for-some-of-my-senior-staff-and-generally/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [ It's good to get fresh legs in \[the White house\]. I think that it refreshes our democracy. ](https://sms4smile.com/quotes/barack-obama/it-s-good-to-get-fresh-legs-in-the-white-house-i-think-that-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Believe it or not, entertainment is part of our American diplomacy, it is part of what makes us exceptional, part of what makes us…](https://sms4smile.com/quotes/barack-obama/believe-it-or-not-entertainment-is-part-of-our-american-diplomacy-it/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) [Explore all 3,624 Barack Obama quotes ](https://sms4smile.com/quotes/author/barack-obama/) ## More Able quotes > [I am certain that children always know more than they are able to tell, and that makes the big difference between them and adults,…](https://sms4smile.com/quotes/jacques-lusseyran/i-am-certain-that-children-always-know-more-than-they-are-able-to/) [Jacques Lusseyran](https://sms4smile.com/quotes/author/jacques-lusseyran/) > [I have observed this in my experience of slavery, - that whenever my condition was improved, instead of its increasing my contentment, it only…](https://sms4smile.com/quotes/frederick-douglass/i-have-observed-this-in-my-experience-of-slavery-that-whenever-my/) [Frederick Douglass](https://sms4smile.com/quotes/author/frederick-douglass/) > [There is something about the South that accepts the supernatural. If you don't accept it and you're having a conversation with someone who does,…](https://sms4smile.com/quotes/alice-englert/there-is-something-about-the-south-that-accepts-the-supernatural-if/) [Alice Englert](https://sms4smile.com/quotes/author/alice-englert/) > [In the '80s, the way radio was programmed, if you didn't have a hit record you weren't going to be able to make any…](https://sms4smile.com/quotes/huey-lewis/in-the-80s-the-way-radio-was-programmed-if-you-didn-t-have-a-hit/) [Huey Lewis](https://sms4smile.com/quotes/author/huey-lewis/) > [I think I've had the longest career of strength, focus, and still being able to sell records. I think I'm that guy. I'm still…](https://sms4smile.com/quotes/nas/i-think-i-ve-had-the-longest-career-of-strength-focus-and-still-being/) [Nas](https://sms4smile.com/quotes/author/nas/) > [I have that need in me, I want everyone to love me, but I'm embarrassed by that need, so I wanted to cover it…](https://sms4smile.com/quotes/anthony-jeselnik/i-have-that-need-in-me-i-want-everyone-to-love-me-but-i-m-embarrassed/) [Anthony Jeselnik](https://sms4smile.com/quotes/author/anthony-jeselnik/) > [Thinking about the things that happened, I don't know any other ball player would could have done what he (Jackie Robinson) did. To be…](https://sms4smile.com/quotes/pee-wee-reese/thinking-about-the-things-that-happened-i-don-t-know-any-other-ball/) [Pee Wee Reese](https://sms4smile.com/quotes/author/pee-wee-reese/) > [I wanted to remember in order to be able to return.](https://sms4smile.com/quotes/anais-nin/i-wanted-to-remember-in-order-to-be-able-to-return/) [Anais Nin](https://sms4smile.com/quotes/author/anais-nin/) > [Government schools, with your tax money, now discourage the teaching of multiplication tables by rote memorization but teach reading by the 'look-and-say' method which…](https://sms4smile.com/quotes/greg-perry/government-schools-with-your-tax-money-now-discourage-the-teaching-of/) [Greg Perry](https://sms4smile.com/quotes/author/greg-perry/) > [I don't know if I would qualify as mainstream. I think I have managed to function pretty successfully on the fringes of the music…](https://sms4smile.com/quotes/pat-metheny/i-don-t-know-if-i-would-qualify-as-mainstream-i-think-i-have-managed/) [Pat Metheny](https://sms4smile.com/quotes/author/pat-metheny/) > [What we're supposed to do as actors is be able to portray real human beings and emotions. And if you grow up in this…](https://sms4smile.com/quotes/emily-browning/what-we-re-supposed-to-do-as-actors-is-be-able-to-portray-real-human/) [Emily Browning](https://sms4smile.com/quotes/author/emily-browning/) > [The reason that Apple is able to create products like iPad is because we always try to be at the intersection of technology and…](https://sms4smile.com/quotes/steve-jobs/the-reason-that-apple-is-able-to-create-products-like-ipad-is-because/) [Steve Jobs](https://sms4smile.com/quotes/author/steve-jobs/) > [It was an important period for us, because even though we weren't a "punk band", and what became a model for a punk band,…](https://sms4smile.com/quotes/stephen-mallinder/it-was-an-important-period-for-us-because-even-though-we-weren-t-a/) [Stephen Mallinder](https://sms4smile.com/quotes/author/stephen-mallinder/) > [- You look fine. - Right. I look fine. Except I don't, said Zora, tugging sadly at her man's nightshirt. This was why Kiki…](https://sms4smile.com/quotes/zadie-smith/you-look-fine-right-i-look-fine-except-i-don-t-said-zora-tugging/) [Zadie Smith](https://sms4smile.com/quotes/author/zadie-smith/) > [There is a way to be a woman, ask for what we deserve and be able to negotiate.](https://sms4smile.com/quotes/tracee-ellis-ross/there-is-a-way-to-be-a-woman-ask-for-what-we-deserve-and-be-able-to/) [Tracee Ellis Ross](https://sms4smile.com/quotes/author/tracee-ellis-ross/) [Browse all 17,257 Able quotes ](https://sms4smile.com/quotes/about/able/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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.", "creator": { "@type": "Person", "name": "Barack Obama" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/barack-obama/this-is-the-moment-when-we-must-build-on-the-wealth-that-open-markets/", "about": { "@type": "Thing", "name": "Able" }, "@id": "https://sms4smile.com/quotes/barack-obama/this-is-the-moment-when-we-must-build-on-the-wealth-that-open-markets/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg", "contentUrl": "https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg", "url": "https://sms4smile.com/quotes/i/653/barack-obama-17_able_this-is-the-moment-when-we-must-build-on_688519.jpg", "width": 1080, "height": 1080, "caption": "“This is the moment when we must build on the wealth that open markets have created, and share its benefits…” — Barack Obama", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Barack Obama", "item": "https://sms4smile.com/quotes/author/barack-obama/" }, { "@type": "ListItem", "position": 4, "name": "This is the moment when we...", "item": "https://sms4smile.com/quotes/barack-obama/this-is-the-moment-when-we-must-build-on-the-wealth-that-open-markets/" } ], "@id": "https://sms4smile.com/quotes/barack-obama/this-is-the-moment-when-we-must-build-on-the-wealth-that-open-markets/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```