A Quote by Thomas Friedman
The Golden Straitjacket is the defining political-economic garment of globalization. [...] The tighter you wear it, the more gold it produces.
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Globalization is a complex issue, partly because economic globalization is only one part of it. Globalization is greater global closeness, and that is cultural, social, political, as well as economic.
Globalization presumes sustained economic growth. Otherwise, the process loses its economic benefits and political support.
The reason why I wear gold - I wear gold for three reasons. One, when Jesus was born, three wise men came from the east: one brought frankincense, one brought myrrh, the other one brought gold. The second reason I wear gold is I can afford it. The third reason I wear it, it's symbolic of my African heritage.
Especially now, the immigrant problem is very dramatic around the world. Because we don't know what to do with them. They're in economic crisis, and there are more and more. There will be more and more. We speak about globalization of economy, but it's also globalization for immigration. Millions of people, they're willing to have a better life. A better life, they cannot have it where they live, so they move.
My friend, I am not what I seem. Seeming is but a garment I wear — a care-woven garment that protects me from thy questionings and thee from my negligence. The "I" in me, my friend, dwells in the house of silence, and therein it shall remain for ever more, unperceived, unapproachable.
Form is a straitjacket in the way that a straitjacket was a straitjacket for Houdini.
My treasure chest is filled with gold.
Gold . . . gold . . . gold . . .
Vagabond's gold and drifter's gold . . .
Worthless, priceless, dreamer's gold . . .
Gold of the sunset . . . gold of the dawn . . .Gold of the showertrees on my lawn . . .
Poet's gold and artist's gold . . .
Gold that can not be bought or sold -
Gold.
All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.
I think that the movement against the World Bank, against the globalization process that is happening, is very positive. We need a globalization, a globalization of people who are committed to social justice, to economic justice. We need a globalization of people who are committed to saving this earth, to making sure that the water is drinkable, that the air is breathable.
The defining moment in American economic history is when Bill Clinton lobbied to get China into the World Trade Organization. It was the worst political and economic mistake in American history in the last 100 years.
And just as a little thread of gold, running through a fabric, brightens the whole garment, so women's work at home, while only the doing of little things, like the golden gleam of sunlight runs through and brightens all the fabric of civilization.
The bread which you use is the bread of the hungry; the garment hanging in your wardrobe is the garment of him who is naked; the shoes you do not wear are the shoes of the one who is barefoot; the acts of charity that you do not perform are so many injustices that you commit.
For more than two thousand years gold's natural qualities made it man's universal medium of exchange. In contrast to political money, gold is honest money that survived the ages and will live on long after the political fiats of today have gone the way of all paper.
The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries.
Viewed as a means to the end of political freedom, economic arrangements are important because of their effect on the concentration or dispersion of power. The kind of economic organization that provides economic freedom directly, namely, competitive capitalism, also promotes political freedom because it separates economic power from political power and in this way enables the one to offset the other
Traditionally in capitalism, when you have more cash, you can fund more activity, which produces more jobs and creates more wealth. That's basic economic theory.
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