A comprehensive world view, he said, "needs not rejection of the market mechanism, but the recognition that the market mechanism works in a world with many other institutions--the press, democracy, health care, education and women's rights."
Sen endorsed an expanded role for the United Nations in the future and even took a few potshots at the U.S. Senate.
"[In the future]existing institutions can address existing doubts more fully and the U.N. can increase its influence more than it has," he said. "The U.N. has been kept in a precarious financial situation by member countries refusing to pay their dues--especially one."
When asked if he was referring to Senator Jesse Helms (R-N.C.), a primary opponent of paying U.N. dues, Sen denied that he intended to focus on any particular senator.
Sen also addressed concerns about other international organizations such as the World Trade Organization, World Bank, and International Monetary Fund.
"It is necessary to reexamine the balance of power of international finance," he said. "After World War II these institutions have helped create prosperity, but they have not helped with redistribution."
"The world has changed much since the 1940s," Sen said, alluding to the increased understanding of the global economy and the spread of democracy.
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