What is interesting is that, although it is framed as a war between the elites and Main Street, the Tea Party is actually really good for the elites.
Chrystia FreelandRead
In a globalized economy, jobs no longer need a passport, but workers do.
Interpretation
What this quote means
In today's economy, jobs can be located anywhere in the world, but workers must still navigate immigration and travel restrictions.
Chrystia Freeland's quote highlights the paradox of globalization: while businesses can operate and hire talent across borders without restrictions, individual workers often face significant barriers when trying to move to where jobs are located. This reflects the changing nature of work in a globalized world and the need for policies that support mobility for workers alongside the open movement of capital and jobs.
Themes
GlobalizationEconomyJobsMobilityWorkersImmigration
In practice
Example use cases
During a panel discussion on economic trends, one might use the quote to discuss the challenges of workforce mobility.
More from Chrystia Freeland
All quotes βThe irony of the political rise of the plutocrats is that, like Venice's oligarchs, they threaten the system that created them.
Chrystia FreelandRead
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 FreelandRead
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 FreelandRead
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 FreelandRead
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 FreelandRead
Similar quotes
It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics. Why? Because discrimination, poverty and ignorance restrict growth. We know that investments in education, infrastructure and scientific and technological research increase growth. They increase good jobs, and they create new wealth for all of us.
William J. ClintonRead
The problem is this. The spread of markets outpaces the ability of societies and their political systems to adjust to them, let alone to guide the course they take
Kofi AnnanRead
The economic expansion that began in 2001, while it has been great for corporate profits, has yet to produce any significant gains for ordinary working Americans. And now it looks as if it never will.
Paul KrugmanRead
If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.
Ludwig Von MisesRead
The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.
Carroll QuigleyRead
What Asia's postwar economic miracle demonstrates is that_x000D_ capitalism is a path toward economic development that is potentially_x000D_ available to all countries. No underdeveloped country in the_x000D_ Third World is disadvantaged simply because it began the growth_x000D_ process later than Europe, nor are the established industrial powers_x000D_ capable of blocking the development of a latecomer, provided_x000D_ that country plays by the rules of economic liberalism.
Francis FukuyamaRead