A Quote by Arancha Gonzalez
Policy and business elites did not speak frankly about the unequal distribution of benefits from trade and failed to adequately accompany market-opening with good domestic policies to equip displaced workers to upskill, adjust, and share in the new opportunities being created.
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During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
The fact is that during the post-1989 heyday of globalization optimism, political and business elites did not think enough about the prospect - plainly predicted in economic theory - that trade would harm some people even while leaving society as a whole better off. The result was overpromised benefits and inadequate adjustment plans.
Instead of trade policy that is beneficial to American businesses and workers as well as our trade partners, we have a flawed trade policy that hurts all parties.
The measurement of good policy is the well-being of the community. I saw the human faces of failed policies, and they weren't smiling.
Trade is good for the economy. Trade creates growth. The problem is that it creates growth but it does not think about distribution of the benefits of that growth.
Go ahead and make something for the elites. Not the elites of class or wealth, but the elites of curiosity, passion and taste. Every great thing ever created was created by and for this group.
The Arab world had a big problem of frankly venal elites. That is why these revolutions happen, because people didn't think the opportunities were being shared fairly.
There is no question of the benefits that opening a market of a billion people will bring to American businesses. But as I said last year, this will test China and the world trade system.
The capitalist workplace is one of the most profoundly undemocratic institutions on the face of the Earth. Workers have no say over decisions affecting them. If workers sat on the board of directors of democratically operated self-managed enterprises, they wouldn't vote for the wildly unequal distribution of profits to benefit a few and for cutbacks for the many.
We need new proactive policies that focus directly on how authorities in the public and private sphere can blend economic and social policies with an enabling environment for private initiative to create market opportunities for Decent Work.
Because of outdated regulations, workers in different types of contract often have unequal access to healthcare, pensions, education, and training, as well as other social benefits. This has to change for countries to remain competitive and for our businesses and workers to survive in the digital age.
As I have tried to show, science, in producing the airplane and the wireless, has created a new international political environment to which governments must adjust their foreign policies.
If I become president, France will not continue with the same policies as under Nicolas Sarkozy - both in domestic policy and in foreign and European policy.
The trade unions and the Labour Party... failed miserably. Instead of giving concrete support, and calling upon workers to take industrial action, they did nothing.
And what we did with this new company in 1985 is we did start focusing on PCs instead of video game machines, because we learned the hard lesson about bringing a product to market in a consumer world where it's very expensive to build a brand and get distribution and so forth.
On issue after issue, the polls - and these are not snapshot polls; these are polls over a consistent period of time - show that most Americans share what one could call core liberal or progressive values: investment in health care and education over tax cuts; fair trade over free trade; corporate accountability over deregulation; environmental protection over laissez-faire policies; defending Social Security and Medicare over privatizing them; raising the minimum wage over eliminating it. The country prefers progressive alternatives to the failed policies of the conservative right.
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