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Advantage Quote by James Wolfensohn

“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.” quote by James Wolfensohn
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“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.”

James Wolfensohn

About This Quote

Source Speech: World Bank Annual Meeting, 2005

Globalization can marginalize the poor, eroding their cultural heritage and causing trauma and isolation.

In simple terms: Globalization harms the poor’s traditions and community ties.

Key Takeaway

Protect and value vulnerable cultures during development.

Themes

inequality culture globalization trauma social cohesion

Mood

concerned reflective

Type

policy social commentary

When to use this quote

  • NGO projects
  • urban planning
  • education programs
  • policy making

Key Concepts

Cultural erosion social exclusion development ethics

Questions to Reflect On

  • How can development policies honor local traditions?
  • What mechanisms can reduce social isolation of the poor?
A Different Perspective

Development often prioritizes economic growth over cultural preservation.

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