Amartya Sen - Economic Quotes

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Sometimes the lack of substantive freedoms relates directly to economic poverty

Amartya Sen

Although the socialist economies, including those led by communist parties in various parts of the world, have been beset by economic and political problems (including oppression), the aims and objectives that have previously attracted people towards socialism remain still important as they were fifty years ago. The concepts of social justice are also constantly re-emerged after they were weakened by the difficulties encountered in implementing various projects.

Amartya Sen

Although capitalism is, in principle, strongly individualistic, it has contributed in practice to reinforce the trend to integration, because it has made our lives more and more interdependent. Moreover, the economic well-being unprecedented in modern economies that have produced meant that they could be accepted social obligations that previously no one could 'afford'.

Amartya Sen