A Quote by Chuka Umunna

Back in the 1980s parts of our country were devastated by de-industrialisation. This wave of globalisation and the first fruits of technological innovation destroyed industrial jobs or exported them to low-wage economies. The loss of work had a devastating impact.

Chuka Umunna

Quote Topics

Back Country Destroyed Devastated Devastating Economies First Fruits Globalisation Had Impact Industrial Innovation Jobs Loss Low Our Our Country Parts Technological Them Wage Wave Were Work

Quote Author

Chuka Umunna
British - Politician
Born: October 17, 1978

With every innovation that has happened, we somehow, our country, our society has found jobs and a means of income for people who have been aced out. And it happens a lot with innovation, technological and otherwise. And people do prove adaptive.

Rush Limbaugh

When the press writes scare stories about the global labor supply draining jobs from rich to poor places, the story is usually presented as a "race to the bottom" simply in terms of wages. Capitalism supposedly looks for labor wherever labor is cheapest. This story is half wrong. A kind of cultural selection is also at work, so that jobs leave high-wage countries like the United States and Germany, but migrate to low-wage economies with skilled, sometimes overqualified workers.

Richard Sennett

If the Taliban comes back to power, the impact would be devastating. A country that has made great strides, in terms of development indicators, would take a huge step backwards. Afghanistan's national economy would be devastated.

Chris Alexander

In our high-tech, high-skilled economy where low-skilled work is being scaled back, phased out, exported, or severely under-compensated, all the right behavior in the world won't create better jobs with more pay.

Michael Eric Dyson

The Second World War had really devastating effects for much of Europe. It really didn't take them very long to reconstruct state capitalist democracies because it was in people's heads. There were other parts of the world that were pretty much devastated and they couldn't do it; they didn't have the conceptions in their mind. A lot of it is human consciousness.

Noam Chomsky

When the industrial revolution happened there was the Luddistic movement, and there was a fear that machinery would replace all the labor. Whenever we had a technological revolution we had this fear. So if you look backwards, these fears were not justified, and I think they were driven by our very human inability to visualize what new jobs will be created by this new technology.

Branko Milanovic

Fracking has been a real technological change that has caused great innovation in our business, and we've had the benefit of very low gas prices for our customers as a result of that.

Lynn Good

Industrial jobs are disappearing, and they will continue to disappear owing to productivity gains from automation. Thus, social models that were created to fit industrial and early service economies will no longer be viable. As the industrial workforce shrinks, the social model founded on it will go, too.

Kersti Kaljulaid

By holding down natural wage growth in labor-intensive industries, immigration serves as a subsidy for low-wage, low-productivity ways of doing business, retarding technological progress and productivity growth.

Mark Krikorian

NAFTA recognizes the reality of today's economy - globalization and technology. Our future is not in competing at the low-level wage job; it is in creating high-wage, new technology jobs based on our skills and our productivity.

John F. Kerry

If you look at the beginning of this country, when the pilgrims came to this country, the first year they had a communistic experiment. They said, 'OK, we're going to take the land, we're going to work the land together and share in the fruits of our labor.' They almost starved to death. Almost half of them died that first year.

Rafael Cruz

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

Margaret Thatcher

In my view, we need a massive federal jobs program which puts millions of our people back to work. We must end our disastrous trade policies. We need to raise the minimum wage to a living wage. And we have to fight for pay equity for women.

Bernie Sanders

I think we do not need to send more jobs to low wage countries. I think corporate America has to start investing in this country and create decent paying jobs here.

Hillary Clinton

You can't take a coal miner making $95,000 a year, the only work in these parts where you can support a family without having to hold down three jobs at once... and tell them, 'You can make minimum wage,' or, 'We can give you job training for jobs that don't exist in West Virginia.'