“Democratization of commerce is based on everyone having the right to exercise their roles as micro consumers, micro producers, micro entrepreneurs, micro investors, and micro innovators. Access to information removes the first impediment to building this brave, new world. Information asymmetry has always been at the heart of poverty.”

Source: The Fortune at the Bottom of the Pyramid, 2009, p. 22

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "Democratization of commerce is based on everyone having the right to exercise their roles as micro consumers, micro pro…" by C.K. Prahalad?
C.K. Prahalad photo
C.K. Prahalad 11
Indian academic 1941–2010

Related quotes

Manuel Castells photo
Begum Aga Khan photo
Begum Aga Khan photo

“The most powerful tool to lift families out of extreme poverty is to grant micro-loans to women.”

Begum Aga Khan (1963) German philanthropist

International Business and Leadership Symposium address

Michael Bloomberg photo
Ragnar Frisch photo
Jayant Narlikar photo
Frank Bunker Gilbreth, Sr. photo
Vinayak Damodar Savarkar photo
David Icke photo
Joel Mokyr photo

Related topics