Africa Quote by Jeffrey Sachs
“Business often does a good job supporting communities: the arts, universities, and scientific enterprises... But that philosophy has rarely reached poor countries. Even businesses that are enlightened in their home bases see Africa, Latin America, and parts of Asia as places to exploit natural resources or use cheap labor.”
About This Quote
Source Speech: UN Sustainable Development Forum, 2005
Businesses often support cultural and scientific institutions in wealthy nations but neglect similar needs in poorer regions, viewing them mainly as resource sources.
In simple terms: Businesses help rich societies but ignore poor ones, seeing them as resource pools.
Key Takeaway
Expand corporate responsibility globally.
Themes
corporate social responsibility
global inequality
development
ethics
Mood
reflective
concerned
Type
analytical
inspirational
When to use this quote
- multinational expansion
- investment decisions
- community partnerships
- policy advocacy
Key Concepts
Sustainability
shared value
resource exploitation
Questions to Reflect On
- How can firms balance profit with equitable global impact?
- What incentives encourage investment in underserved regions?
A Different Perspective
Challenges include differing regulatory environments and profit pressures.
