Quotes by Chrystia Freeland - Page 2

The economic reality is that, thanks to smart machines and global trade, the well-paying, middle-class jobs that were the backbone of Western democracies are vanishing.
Chrystia Freeland /
Machines
Thanks
Vanishing
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Living as we do in the age of Facebook, we shouldn't be surprised that some countries are starting to imagine themselves more as social networks than as a physical place.
Chrystia Freeland /
Networks
Facebook
Social Networks
Surprised
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TED is certainly a gathering of an incredibly eclectic, incredibly interesting community, but it's also an elite community - at least an important portion comes from that global 1%.
Chrystia Freeland /
Eclectic
Gathering
Elite
Incredibly
Portion
Ted
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I see real opportunities for us to have stronger, closer collaboration between the three North American partners and seize on opportunities to achieve objectives of more jobs and growth.
Chrystia Freeland /
Collaboration
Objectives
Partners
Stronger
Closer
North American
Seize
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One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.
Chrystia Freeland /
Slipping
Capital
Traces
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Thanks to globalization and the technology revolution, the nature of work, the distribution of the rewards from that work, and maybe even the economic cycle itself are being transformed.
Chrystia Freeland /
Distribution
Globalization
Revolution
Rewards
Thanks
Transformed
Cycle
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The high-tech, globalized capitalism of the 21st century is very different from the postwar version of capitalism that performed so magnificently for the middle classes of the Western world.
Chrystia Freeland /
Capitalism
Western World
Version
Classes
High-Tech
Postwar
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Companies and capital operate internationally, often beyond the economic reach of any particular nation-state. People are pretty global, too, living lives that freely cross national borders.
Chrystia Freeland /
Borders
National Borders
Capital
Cross
Freely
Internationally
Operate
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Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.
Chrystia Freeland /
Aftermath
Crisis
Financial
Financial Crisis
Long
Storm
More
Been
Time Long Sometimes
Devastating
Disastrous
How
Than
Worse
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I do think that there is both a very powerful sense of entitlement and a kind of bubble of wealth which makes it hard for the people at the very top to understand the travails of the middle class.
Chrystia Freeland /
Entitlement
Middle Class
Bubble
For The People
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It was surprising to me to hear a member question whether another member of the House was an adult. We're all adults in the House of Commons, and I think it diminishes us all to suggest otherwise.
Chrystia Freeland /
House Of Commons
Surprising
Commons
Diminishes
Member
Suggest
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My mother was born in a refugee camp in Germany before the family immigrated to western Canada. They were able to get visas thanks to my grandfather's older sister, who had immigrated between the wars.
Chrystia Freeland /
Sister
Canada
Germany
Grandfather
Older Sister
Refugee
Thanks
Western
Camp
Wars
Older
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Our battle over the size of the state overlooks a problem that is just as important and that may be easier to muster the collective will to resolve: how effective government is, regardless of its scale.
Chrystia Freeland /
Battle
Muster
Resolve
Size
Scale
Collective
Effective
Regardless
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Oil could complicate domestic politics in countries with too much of it - there is a reason economists talk about 'the curse of oil,' and dictatorships have thrived in countries with abundant natural resources.
Chrystia Freeland /
Curse
Natural Resources
Oil
Resources
Thrive
Abundant
Complicate
Dictatorships
Domestic
Economists
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Executive pay has skyrocketed for many reasons - including the prevalence of overly cozy boards and changing cultural norms about pay - but increasing scale, competition, and innovation have all played major roles.
Chrystia Freeland /
Boards
Cozy
Innovation
Scale
Cultural
Executive
Overly
Increasing
Norms
Prevalence
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As companies become bigger, the global environment more competitive, and the rate of disruptive technological innovation ever faster, the value to shareholders of attracting the best possible CEO increases correspondingly.
Chrystia Freeland /
Ceo
Disruptive
Faster
Innovation
Rate
Shareholders
Attracting
Competitive
Global Environment
Increases
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This is the 21st-century paradox: Even as political democracy has become the intellectual default mode for much of the world, the private sector usually trumps the public one when it comes to accommodating consumer choice.
Chrystia Freeland /
Default
Paradox
Private Sector
Democracy Political World
Consumer
Mode
Sector
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The one source of criticism even the most repressive authoritarian leader cannot silence is the outside world. Autocrats are usually thin-skinned and like to be admired, so at least, at first, they often seek to be praised abroad.
Chrystia Freeland /
Criticism
Outside World
Silence
Abroad
Admired
Authoritarian
Seek
Praised
Repressive
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Urbanites may picture farmers as hip heritage-pig breeders returning to the land, or a struggling rural underclass waging a doomed battle to hang on to their patrimony as agribusiness moves in. But these stereotypes are misleading.
Chrystia Freeland /
Battle
Doomed
Hang
Hip
Misleading
Returning
Rural
Stereotypes
Struggling
Waging
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Talking about income inequality, even if you're not on the Forbes 400 list, can make us feel uncomfortable. It feels less positive, less optimistic, to talk about how the pie is sliced than to think about how to make the pie bigger.
Chrystia Freeland /
Optimistic
Positive
Bigger
Feels
Forbes
Income
Income Inequality
Inequality
Pie
Talking
Uncomfortable
Talk
Less
List
Sliced
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Shipping middle-class jobs to China, or hollowing them out with machines, is a win for smart managers and their shareholders. We call the result higher productivity. But, looked at through the lens of middle-class jobs, it is a loss.
Chrystia Freeland /
Loss
Machines
Managers
Productivity
Shareholders
Shipping
Lens
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As income inequality increases, the social and political sway of those at the very, very top grows, too. They are nearly all men, and men whose lived experience tells them that women, for whatever reason, just don't have what it takes.
Chrystia Freeland /
Grows
Income
Income Inequality
Inequality
Nearly
Experience Women Men
Sway
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The progressives like to talk a lot about poverty - and you should. However, it's the guys in the middle who have really been hurt by the global economy . The people at the bottom have been holding on to their jobs quite well, actually.
Chrystia Freeland /
Bottom
Global Economy
Holding On
Holding
Progressives
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Western investment is usually assumed to walk hand-in-hand with the democratic values of its home countries, and indeed, opening an economy to outside money is one of the textbook steps in a shift from authoritarianism to an open society.
Chrystia Freeland /
Authoritarianism
Hand In Hand
Investment
Opening
Steps
Assumed
Indeed
Open Society
Shift
Textbook
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Individual nations have offered their own contributions to income inequality - financial deregulation and upper-bracket tax cuts in the United States; insider privatization in Russia; rent-seeking in regulated industries in India and Mexico.
Chrystia Freeland /
Deregulation
Financial
Income
Income Inequality
Individual
Inequality
Mexico
Nations
Privatization
Russia
States
Tax Cuts
United States
Tax
Contributions
Cuts
Insider
Offered
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Defending human rights should be an important objective of foreign policy, and that, too, will sometimes be hard to reconcile with an economic agenda, especially when it comes to dealing with rich but repressive players like China and Russia.
Chrystia Freeland /
Foreign Policy
Human Rights
Reconcile
Russia
Agenda
Dealing
Defending
Objective
Repressive
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All of us can agree that we want government to work as well as possible, and we should all applaud efforts to improve it. But there is no escaping the divisive and essential questions: What is the purpose of the state, and whom does it serve?
Chrystia Freeland /
Agree
Escaping
Purpose
Applaud
Divisive
Efforts
Serve
Whom
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If you believe in democracy, the overreach of leaders is a good reminder that vigorous public debate and time-consuming due process are not only more fair and more just, but that over the long term they usually produce better government, too.
Chrystia Freeland /
Debate
Time Consuming
Vigorous
Good Government Believe
Good Government Democracy
Due
Reminder
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One of the great, and largely forgotten, triumphs of American society and government has been how smoothly U.S. farmers and their communities negotiated the creative destruction of the early 20th century and emerged triumphant when it was over.
Chrystia Freeland /
American Society
Destruction
Forgotten
Triumphant
Communities
Emerged
Largely
Smoothly
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I think Obama and the economists around him have a very sophisticated understanding of both globalization and the technology revolution and the impact they're having on the world economy and they way they're creating these winner-take-all spirals.
Chrystia Freeland /
Globalization
Revolution
Sophisticated
Spirals
World Economy
Technology World Way
Economists
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Creating jobs for your country's workers is about much more than ensuring that the balance sheets of your country's companies are strong, or stimulating domestic demand. It is about figuring out how your country's workers fit into the global economy.
Chrystia Freeland /
Balance Sheets
Demand
Global Economy
Sheets
Workers
Domestic
Stimulating
Ensuring
Figuring
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Motherhood may be a 'killer' when it comes to becoming a Master of the Universe, but among middle-class mothers, even after that touch of baby's lips to bosom, a big and growing number find themselves able - and often required - to bring home the family bacon.
Chrystia Freeland /
Lips
Motherhood
Bacon
Bosom
Master
Required
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Sprawling, earnest, and ambitious - its modest title is 'The Future' - Al Gore's new book embodies both the virtues and the flaws of its author. But those hardy souls who slog past the weaknesses will be rewarded by a book that is brave, original and often fun.
Chrystia Freeland /
Earnest
Gore
Hardy
Modest
Al
Author
Embodies
Virtues
New Book
Rewarded
Souls
Sprawling
Title
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A general charge of crony capitalism is easy to make. But dividing the 'bad' crony capitalists from the 'good' innovative entrepreneurs is much harder to do. And sorting them out without creating a new group of crony capitalists may be the hardest thing of all.
Chrystia Freeland /
Dividing
Hardest Thing
Innovative
Sorting
Capitalists
Charge
Entrepreneurs
The Hardest Thing
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It's public knowledge that there have been efforts - as U.S. intelligence sources have said - by Russia to destabilize the U.S. political system. I think that Canadians and, indeed, other Western countries should be prepared for similar efforts to be directed at us.
Chrystia Freeland /
Be Prepared
Russia
Canadians
Directed
Efforts
Indeed
Political System
Similar
Sources
Western Countries
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The tragedy of 9/11 and the bloody scrambling-up of the Middle East were painful reminders that the world had not yet reached any end-of-history ideal. But these events mattered less to the assumptions and strategies of huge multinational companies than one might guess.
Chrystia Freeland /
Bloody
Middle East
Painful
Reminders
Tragedy
Assumptions
Ideal
Mattered
Multinational
Reached
Strategies
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It's important to remember that, in the 1930s, a lot of people in the West looked at communism as a pretty good idea. That was partly because they didn't know how bad things were on the communist side of the world, but it was also partly because things were bad in the West.
Chrystia Freeland /
Bad Things
Communism
Good World Important
Good Idea
Partly
Pretty Good
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Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.
Chrystia Freeland /
Beneficiaries
Compensation
Deregulation
Inflation
Protection
Unions
Chief
Executive
So-Called
Subsequent
Suite
Weaker
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In Western capitalism circa 2013, fear that the market economy has become dysfunctional is not limited to a few entrepreneurs in Boulder. It is being publicly expressed, with increasing frequency, by some of the people who occupy the commanding heights of the global economy.
Chrystia Freeland /
Frequency
Global Economy
Market Economy
Boulder
Commanding
Dysfunctional
Entrepreneurs
Expressed
Heights
Increasing
Occupy
Publicly
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When you think of technological revolution, you probably think of geeks in cool coastal spaces like the Google campus, or perhaps of math wizards on Wall Street. But one source of rural prosperity is the adoption of radical new technologies - and a consequent surge in productivity.
Chrystia Freeland /
Adoption
Campus
Coastal
Math
Productivity
Revolution
Wizards
Surge
Consequent
Geeks
New Technologies
Rural
Spaces
Technologies
Wall Street
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We are very proud, wherever we are in the world, to tell you about Canadian values and what we think is the right thing for Canada to do. And when it comes to refugees, we very much believe in welcoming refugees to our country, and that includes Syrian refugees, and that includes Muslim refugees.
Chrystia Freeland /
Canada
Right Thing
World Believe Country
Refugees
Syrian
The Right Thing
Welcoming
Wherever
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Most of the conversation about how geopolitics is changing in the 21st century focuses on the shift from west to east and on how we're moving from the bipolar power equation of the Cold War to a new bipolar relationship, that of the U.S. and China, that determines the mood music for everyone else.
Chrystia Freeland /
Bipolar
Cold War
Mood
Determines
Equation
Everyone Else
Shift
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Twitter-lutionaries are good at toppling regimes, but in the Mideast and North Africa, they're losing out to the Islamists, who've built protest movements the old-fashioned way. And in Moscow, the Mink revolutionaries, who are united by Live-Journal but not much else, were easy for Putin to outmaneuver.
Chrystia Freeland /
Islamists
Mink
Moscow
North Africa
Putin
Regimes
Revolutionaries
Movements
Old-Fashioned Way
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When I was a kid in junior high, I had an assignment to discuss how to rescue poor people in India. I remember my teacher at the time considered it an impossible problem. Now, we're not talking that way anymore. We're sure not talking about that for China. They're rescuing themselves thanks to globalization.
Chrystia Freeland /
Globalization
Junior High
Not Talking
Poor People
Rescue
Thanks
Assignment
Discuss
Junior
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The hollowing out of the middle class. That's not just about capitalism or the structure of taxation. That is also about the fundamental truth that machines can do a lot of things better than humans used to do. A lot of those people are being pushed down to do less value-adding jobs, so they get paid less money.
Chrystia Freeland /
Humans
Machines
Middle Class
Structure
Taxation
Fundamental
Less Money
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My late mother moved back to her parents' homeland in the 1990s when Ukraine and Russia, along with the thirteen other former Soviet republics, became independent states. Drawing on her experience as a lawyer in Canada, she served as executive officer of the Ukrainian Legal Foundation, an NGO she helped to found.
Chrystia Freeland /
Legal
Canada
Drawing
Former
Homeland
Russia
Soviet
Thirteen
Ukraine
Ukrainian
Executive
Officer
Republics
Served
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Chrystia Freeland Quotes - Page 2

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