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Economic Quotes

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Economic Quotes

“Propelled by freedom of faith, gender equality and economic justice for all, India will become a modern nation. Minor blemishes cannot cloak the fact that India is becoming such a modern nation: no faith is in danger in our country, and the continuing commitment to gender equality is one of the great narratives of our times.”

“Overconsumption is a "cancer eating away at our spiritual vitals." It cuts the heart right out of our compassion. It distances us from the great masses of broken bleeding humanity. It converts us into materialists. We become less able to ask moral questions. For example, just because we have the economic muscle to buy up vast amounts of the world's oil, does that give us the right to do so? When the poor farmer of India is unable to buy a gallon of gasoline to run his simple water pump because the world's demand has priced him out of the market, who is to blame?”

“We must begin by acknowledging that there is a complete absence of two things in Indian Society. One of these is equality. On the social plane we have an India based on the principles of graded inequality, which means elevation for some and degradation for others. On the economic plane we have a society in which there are some who have immense wealth as against many who live in abject poverty.”

“Dispossessed peasants slash-and-burn their way into the rain forests of Latin America, hungry nomads turn their herds out into fragile African rangeland, reducing it to desert, and small farmers in India and the Philippines cultivate steep slopes, exposing them to the erosive powers of rain. Perhaps half the world's billion-plus absolute poor are caught in a downward spiral of ecological and economic impoverishment. In desperation, they knowingly abuse the land, salvaging the present by savaging the future.”

“It was an axiom of "containment" that no part of the known world could be considered neutral. "Neutralism" was among the Cold Warriors' gravest curse words, applied with caustic hostility to India and even France. Those who were not with were against, subjected to intense economic and ideological and sometimes military pressure to fall into line.”

“Falling prices are driving renewable energy investment in India, which rose 13 per cent last year and is expected to surpass 10 billion dollars in 2015. Adoption of increasingly cost-effective renewables holds the genuine promise of a new age of socio-economic development, powered by clean, increasingly decentralised, and sustainable energy. The opportunity for India is tremendous.”

“For more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America and Europe 150 golden years. If you take the long-term perspective, our economic dominance has been more of an exception than the rule.”

“There’s a clear and strong connection between fertility reduction and women’s literacy and empowerment, including women’s gainful employment. If you look at the more than 300 districts of India, the strongest influences in explaining fertility variations are women’s literacy and gainful economic employment.”

“We have a very old conservation movement, particularly in the United States, which has focused on campaigns to protect endangered species: the spotted owl, the old-growth forest. But usually it stops there. To me, biodiversity is the full spectrum. Species conservation is not only about wilderness conservation. It’s also about protecting the livelihood of people even while changing the dominant relationship that humans have had with other species. In India, it’s an economic issue, not just an ecological one.”