And so you have to be practical in asking yourself how can you achieve the goals of equality and inclusion, but also recognize that the market system… - Barack Obama

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And so you have to be practical in asking yourself how can you achieve the goals of equality and inclusion, but also recognize that the market system produces a lot of wealth and goods and services. And it also gives individuals freedom because they have initiative. And so you don't have to be rigid in saying it’s either this or that, you can say -- depending on the problem you're trying to solve, depending on the social issues that you're trying to address what works. And I think that what you’ll find is that the most successful societies, the most successful economies are ones that are rooted in a market-based system, but also recognize that a market does not work by itself. It has to have a social and moral and ethical and community basis, and there has to be inclusion. Otherwise it’s not stable. And it’s up to you -- whether you're in business or in academia or the nonprofit sector, whatever you're doing -- to create new forms that are adapted to the new conditions that we live in today.

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About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.

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Also Known As

Birth Name: Barack Hussein Obama II
Also Known As: Barry
Alternative Names: POTUS 44 Barack Hussein Obama Barack H. Obama Barack Hussein Obama, Jr. Barack H Obama Barak Obama Barry Obama Barack Obama II
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Additional quotes by Barack Obama

And I think the question that the people of Jamaica, just like the people of the United States and everywhere else, should be asking is: If the government is spending money right now, is it on something that is going to help create long-term growth and help people succeed? If the answer is no, you shouldn’t spend that money. Spending money just for the sake of spending money is not -- that’s not the formula for success. But if the money is being spent on what we talked about -- early childhood education; if it’s being spent on infrastructure; if it’s being spent on research; if it’s being spent on building skills for workers -- those are good investments.

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And even as we meet conventional threats, we need to face other challenges. And that includes propaganda campaigns that try to whip up fears and divide people from one another. We reject the idea that people cannot live and thrive together, just because they have different backgrounds or speak a different language. And the best antidotes to such distorted thinking are the values that define us. Not just in the Baltics, but throughout Europe, we must acknowledge the inherent dignity and human rights of every person -- because our democracies cannot truly succeed until we root out bias and prejudice, both from our institutions and from our hearts. We have to uphold a free press and freedom of speech -- because, in the end, lies and misinformation are no match for the truth. We have to embrace open and inclusive societies -- because our countries are more successful and more prosperous when we welcome the talents of all our people, including minorities. That’s part of the work that we must do. That's the example we must set.

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