A Quote by Mo Ibrahim
The issue with international institutions is that there is a crisis of legitimacy. Trust in these institutions is a serious problem.
Quote Topics
Quote Author
Related Quotes
The performance of international institutions will be symptomatic of the domestic political priorities of influential member states. International institutions don't really have a life and a mind of their own.
Trade, tourism, cultural exchange, and participation in international institutions all serve to erode the legitimacy of repressive regimes.
Globalisation must have, as a critical component, international dispensation in the locality of U.N. institutions. It cannot be, and must not be, business as usual in the establishment and location of international institutions, especially of the United Nations.
The United States took the lead in shaping the norms, rules and institutions of what became the liberal international order, including the United Nations, the international financial institutions and the Marshall Plan.
Regulators around the world have achieved an unprecedented level of collaboration since the financial crisis to create global standards for financial institutions. American regulators have largely viewed these international standards as a floor, and imposed higher standards on U.S. institutions.
Political revolutions aim to change political institutions in ways that those institutions themselves prohibit. Their success therefore necessitates the partial relinquishment of one set of institutions in favor of another, and in the interim, society is not fully governed by institutions at all
In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of 'the Haves' over the human rights of 'the Have Nots' is inevitably called into serious question.
The problem is: When two governments or institutions in Europe hold differing opinions, it is immediately a crisis.
There is no reason to accept the doctrines crafted to sustain power and privilege, or to believe that we are constrained by mysterious and unknown social laws. These are simply decisions made within institutions that are subject to human will and that must face the test of legitimacy. And if they do not meet the test, they can be replaced by other institutions that are more free and more just, as has happened often in the past.
Democracy is about institutions: it's about having things like schools and judiciary and the Ford Foundation, or 'The Nation' magazine - you need progressive institutions, you know what I mean? Those are important institutions to make sure that the government functions.
The real problem of humanity is the following: we have paleolithic emotions; medieval institutions; and god-like technology. And it is terrifically dangerous, and it is now approaching a point of crisis overall.
Institutions develop because people put a lot of trust in them, they meet real needs, they represent important aspirations, whether it's monasteries, media, or banks, people begin by trusting these institutions, and gradually the suspicion develops that actually they're working for themselves, not for the community.
The sovereignty of states must be subordinated to international law and international institutions.
Take a look at the current debates in Washington, and of course, everything in the media. Only one issue is discussed: the deficit - the least significant issue, but the most significant issue for the banks. The big problem, joblessness, is barely discussed, even though that's what the public wants, as polls clearly show. That's even what the business press supports, but the financial institutions are so powerful that the only issue is the deficit, and this runs right through the intellectual culture.
There will be no room, here, for the smug myopia which views American civilization as the final solution to all world problems; which recommends our institutions for universal adoption and turns away with contempt from the serious study of the institutions of peoples whose civilizations may seem to us to be materially less advanced.
We can remove poverty from the surface of the earth only if we can redesign our institutions - like the banking institutions, and other institutions; if we redesign our policies, if we look back on our concepts, so that we have a different idea of poor people.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman