QuoteProject
The trends that are shaping the twenty-first-century world embody both promise and peril. Globalization, for example, has lifted hundreds of millions of people out of poverty while contributing to social fragmentation and a massive increase in inequality, not to mention serious environmental damage.
Klaus Schwab
ShareWTF𝕏

Interpretation

What this quote means

The quote highlights the dual nature of globalization's impact, presenting both positive and negative outcomes.

Klaus Schwab's quote emphasizes the complex effects of globalization in the twenty-first century. While it has helped lift many out of poverty, there are also significant downsides, including increased social fragmentation, inequality, and environmental issues. This illustrates the need for careful consideration of the consequences of global trends and policies, acknowledging both their benefits and their risks.

Themes

GlobalizationInequalityPovertyEnvironmentSocial Fragmentation

In practice

Example use cases

In a discussion on the pros and cons of globalization, this quote can illustrate nuanced viewpoints.

More from Klaus Schwab

We must address, individually and collectively, moral and ethical issues raised by cutting-edge research in artificial intelligence and biotechnology, which will enable significant life extension, designer babies, and memory extraction.
Klaus SchwabRead
Of all the many leaders I have met in the course of my life, none made a deeper impression on me than Nelson Mandela. His courage, compassion, humility and wisdom were without parallel on the world stage, and he himself was an enduring source of inspiration.
Klaus SchwabRead
Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality.
Klaus SchwabRead
Talent is a by-product of education; the quality of a country's human capital depends on it.
Klaus SchwabRead
The world must become aware of the fantastic transformational power of social entrepreneurship and the Foundation will work as a catalyst in this effort.
Klaus SchwabRead
As technology increasingly takes over knowledge-based work, the cognitive skills that are central to today's education systems will remain important; but behavioral and non-cognitive skills necessary for collaboration, innovation, and problem solving will become essential as well.
Klaus SchwabRead

Similar quotes

It was a time when the unthinkable became the thinkable and the impossible really happened
Arundhati RoyRead
I want to say that probably 24 hours after I told CBS that I was stepping down at my 65th birthday, I was already regretting it. And I regretted it every day since.
Walter CronkiteRead
I think that when you emigrate, when everything you took for granted disappears, it's a kind of loss of innocence. When you're a kid, the world as you know it is just there. Suddenly, you emigrate and that's no longer the case. It's a break in reality that parachutes you into adulthood.
Masha GessenRead
I'm going to do anything I can do - whether that's being part of FIFA or creating some sort of movement that can actually impart real equality across all lines - in every country, every city, every sector all over the world, that's what I'm going to do.
Abby WambachRead
Fathers' sharing in the birth experience can be a stimulus for men's freedom to nurture, and a sign of changing relationships between men and women. In the same way, women's freedom to give birth at home is a political decision, an assertion of determination to reclaim the experience of birth. Birth at home is about changing society.
Sheila KitzingerRead
There is still time to avoid the worst impacts of climate change, if we take strong action now.
Nicholas SternRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.

Quote by Klaus Schwab | QuoteProject