Politics determines who has the power, not who has the truth.
Paul KrugmanRead
The United States in particular and the West in general should be feeling a little embarrassed about all that lecturing we did to the Third World.
Interpretation
The quote highlights the hypocrisy of developed nations criticizing developing countries while facing their own issues.
Paul Krugman's quote reflects on the moral high ground often taken by the United States and the West in their interactions with the Third World. It suggests that these developed nations may have overlooked their own flaws and challenges while pointing fingers at less developed countries, highlighting a sense of shame or embarrassment for their past attitudes and actions.
In practice
In a discussion on international relations, this quote can remind us to consider our own actions before judging others.
Politics determines who has the power, not who has the truth.
Our popular economics writers, however, are not in the business of giving their readers a ringside seat on the research action; with no exception I can think of, they use their books to do an end run around the normal structure of scholarship, to preach ideas that few serious economists share. Often, these ideas are not just at odds with the professional consensus; they are demonstrably wrong, and sometimes terminally silly. But they sound good to the unwary reader.
The raw fact is that every successful example of economic development this past century ... has taken place via globalization.
Wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is.
It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t.
The economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth.
I act as the tongue of you, ... tied in your mouth . . . . in mine it begins to be loosened.
Black women's intersectional experiences of racism and sexism have been a central but forgotten dynamic in the unfolding of feminist and antiracist agendas.
Latent in every man is a venom of amazing bitterness, a black resentment; something that curses and loathes life, a feeling of being trapped, of having trusted and been fooled, of being helpless prey to impotent rage, blind surrender, the victim of a savage, ruthless power that gives and takes away, enlists a man, drops him, promises and betrays, and -crowning injury- inflicts on him the humiliation of feeling sorry for himself.
Sexual intercourse is kicking death in the ass while singing.
The most loathsome materialism is not the kind people usually think of, but the sort that attempts to let dead ideas pass for living realities, diverting into sterile myths the stubborn and lucid attention we give to what we have within us that must forever die.
If you told the truth, that was all well and good and if you told the un-truth, well, that's still well and good. Folk songs had taught me that.
Subscribe for the occasional hand-picked quote. No noise.