Sachs at Haverford College on Global Economic Crisis

by |April 21, 2009

A slot machine turning up three lemons is how Jeffrey Sachs described the global economic crisis at Haverford College last week.  “Three ‘uns’: It is unstable, unfair, and unsustainable,” he said. “It’s the life-and-death struggle of the poor, and the plight of the planet.”

“You are the answers,” he told the audience. “This crisis is an opportunity that shouldn’t be missed. We have the best president in modern history to change the direction of the economy.”

“We are so far from out of the woods,” Sachs concluded, “and we must do all we can to shift the world’s path to a stable, fair, sustainable trajectory. This is the job of your generation.”

See the entire video discussion here

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One thought on “Sachs at Haverford College on Global Economic Crisis

  1. Dr J G Ray says:

    Yes Sachs has rightly pointed out the good opportunity that the humans have now to save human life on earth; humans cannot destroy life on the earth, but only destroy human life. Humans have to realize that the ‘cowboy economics’ works no more; instead we need to accept the limit of nature’s potentials. Therefore, principles of inclusions – inclusion of the interests of people out of the nations – shall guide all nations in their economic plannings and development. Let Mr Obama, the president of the US (the leading nation of the world), lead the global society to a different economic, political, scientific and spiritual perspetives for a sustainable future for humans on the earth.

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