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Daily Inspiration Quote by Kofi Annan

"We must ensure that the global market is embedded in broadly shared values and practices that reflect global social needs, and that all the world's people share the benefits of globalization"

About this Quote

Annan’s line reads like diplomacy at its most disarming: it grants globalization its inevitability, then tries to put a leash on it. “We must ensure” is the tell. It’s not a suggestion, and it’s not a moral daydream; it’s a claim that markets are political artifacts, designed and governed, not weather systems. By insisting the “global market is embedded” in “values and practices,” Annan quietly rejects the late-20th-century fiction that capitalism can float above culture, law, and ethics. Embeddedness is a loaded word here: it implies today's market has been disembedded, unmoored from the obligations that make legitimacy possible.

The subtext is triage. Annan is speaking to an era when globalization’s winners were busy calling the distributional fallout “creative destruction,” while its losers were supplying the raw material for backlash: street protests, anti-IMF politics, and the early architecture of today’s nationalist revival. His phrasing tries to preempt that rupture by reframing global integration as a social contract. “Broadly shared values” is strategic vagueness, a UN-friendly umbrella that can hold labor standards, human rights, environmental rules, anti-corruption norms, and the basic idea that people are not just units of production.

The final clause is the moral ballast: “all the world’s people share the benefits.” Not “opportunities,” not “growth,” but benefits - tangible outcomes, distributed on purpose. Annan’s intent is to make globalization answerable, because without that accountability, the system’s legitimacy collapses under its own inequality.

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TopicHuman Rights
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Global Market and Shared Values - Kofi Annan's Vision
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About the Author

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

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