"We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face"
About this Quote
The intent is diplomatic, but the subtext is prosecutorial. “Short-term” is a small adjective doing heavy work, implying not just greed but a failure of imagination: a world economy optimized for quarterly returns will predictably produce disposable workers, weakened public services, and environmental damage that shows up on nobody’s balance sheet until it’s too late. “Human face” is deliberately vague, a coalition-building phrase that can hold labor standards, development aid, corporate responsibility, and social safety nets without naming any single ideology. It’s soft language with hard implications: regulation, redistribution, and accountability.
The context is late-1990s/early-2000s globalization, when the WTO era promised prosperity while protests from Seattle to Genoa broadcast the costs. As UN Secretary-General, Annan couldn’t denounce capitalism outright; he could, however, rebrand the argument as legitimacy. Markets that look inhuman invite backlash and instability. The quote works because it treats ethics not as charity appended to growth, but as the condition for a global system people will consent to live under.
Quote Details
| Topic | Ethics & Morality |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Annan, Kofi. (2026, January 15). We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face. FixQuotes. https://fixquotes.com/quotes/we-have-to-choose-between-a-global-market-driven-94895/
Chicago Style
Annan, Kofi. "We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/we-have-to-choose-between-a-global-market-driven-94895/.
MLA Style (9th ed.)
"We have to choose between a global market driven only by calculations of short-term profit, and one which has a human face." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/we-have-to-choose-between-a-global-market-driven-94895/. Accessed 12 Feb. 2026.










