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Daily Inspiration Quote by Kofi Annan

"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

Annan frames globalization as a moral fork in the road, but the real move is subtler: he’s trying to make “the market” answerable to something outside itself. By setting “calculations of short-term profit” against “a human face,” he turns an abstract system into a character test. The phrase “choose between” denies the comforting fantasy that economic integration is a neutral, unstoppable force. If the outcomes are brutal, it’s not because the machine malfunctioned; it’s because someone preferred the spreadsheet to the person.

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

TopicEthics & Morality
Source
Later attribution: A Handbook of Corporate Governance and Social Responsibility (Güler Aras, 2016) modern compilationISBN: 9781317187967 · ID: mNi_CwAAQBAJ
Text match: 95.00%   Provider: Google Books
Evidence:
... Kofi Annan in 1999. In his speech , Annan challenged business leaders to give a more ' human face to the ... We have to choose between a global market driven only by calculations of short - term profit , and one which has a human face ...
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Citation Formats

APA Style (7th ed.)
Annan, Kofi. (2026, March 22). 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. March 22, 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, 22 Mar. 2026, https://fixquotes.com/quotes/we-have-to-choose-between-a-global-market-driven-94895/. Accessed 25 Mar. 2026.

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About the Author

Kofi Annan

Kofi Annan (April 8, 1938 - August 18, 2018) was a Statesman from Ghana.

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