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" [C]apitalism is clearly inadequate as any kind of social ideal, since it is only motivated by profit, without any ethical principle guiding it. Unbridled capitalism can involve terrible exploitation of the weak. Thus we need to adopt an approach to economic justice which respects the dynamism of capitalism while combining it with a concern for the less fortunate. Once again, I think microfinance offers a sustainable and responsive line of approach to issues of poverty alleviation and development, an approach which could avoid the excesses of capitalism on the one hand and the inefficiency of excessive state control on the other. "

Dalai Lama XIV , Beyond Religion: Ethics for a Whole World


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Dalai Lama XIV quote : [C]apitalism is clearly inadequate as any kind of social ideal, since it is only motivated by profit, without any ethical principle guiding it. Unbridled capitalism can involve terrible exploitation of the weak. Thus we need to adopt an approach to economic justice which respects the dynamism of capitalism while combining it with a concern for the less fortunate. Once again, I think microfinance offers a sustainable and responsive line of approach to issues of poverty alleviation and development, an approach which could avoid the excesses of capitalism on the one hand and the inefficiency of excessive state control on the other.