"We have three billion people, half the world's population today, living on less than two dollars a day"
About this Quote
The intent reads as mobilization through arithmetic. As a businessman (and, in public life, the kind who spoke fluently to ministers and markets), Wolfensohn frames deprivation as a systemic condition, not a personal failure. The subtext is a rebuke to global complacency: if poverty sits at the scale of “half the world,” then charity-as-afterthought is laughably inadequate. This is poverty as a stability problem, a legitimacy problem, a failure of the post-Cold War victory lap.
The context matters: late-20th- and early-21st-century globalization sold itself on rising tides, but also produced winners fluent in capital and losers trapped in informal work, debt, and fragile states. By choosing a stark income metric, he speaks the language of institutions that measure, lend, and impose conditions. The irony is embedded: the same systems capable of producing billion-dollar deals can’t produce two-dollar dignity for billions.
Quote Details
| Topic | Equality |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Wolfensohn, James. (2026, January 15). We have three billion people, half the world's population today, living on less than two dollars a day. FixQuotes. https://fixquotes.com/quotes/we-have-three-billion-people-half-the-worlds-162048/
Chicago Style
Wolfensohn, James. "We have three billion people, half the world's population today, living on less than two dollars a day." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/we-have-three-billion-people-half-the-worlds-162048/.
MLA Style (9th ed.)
"We have three billion people, half the world's population today, living on less than two dollars a day." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/we-have-three-billion-people-half-the-worlds-162048/. Accessed 10 Feb. 2026.





