Chrystia Freeland
Politician
1968-08-02
Chrystia Freeland is a Canadian politician and former journalist who has served in senior federal cabinet roles including deputy prime minister and finance minister. She previously worked as an international editor and author.
Books by Chrystia Freeland
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Plutocrats
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Sale of the Century
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Quotes by Chrystia Freeland
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A general charge of crony capitalism is easy to make. But dividing the 'bad' crony capitalists from the 'good' innovative entrepreneurs is much harder to do. And sorting them out without creating a new group of crony capitalists may be the hardest thing of all.
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Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.
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As income inequality increases, the social and political sway of those at the very, very top grows, too. They are nearly all men, and men whose lived experience tells them that women, for whatever reason, just don't have what it takes.
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The hollowing out of the middle class. That's not just about capitalism or the structure of taxation. That is also about the fundamental truth that machines can do a lot of things better than humans used to do. A lot of those people are being pushed down to do less value-adding jobs, so they get paid less money.
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If the Tea Party gets its way, there will be less government - which is great for the elites. They don't need the government.
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TED is certainly a gathering of an incredibly eclectic, incredibly interesting community, but it's also an elite community - at least an important portion comes from that global 1%.
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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.
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One of the great, and largely forgotten, triumphs of American society and government has been how smoothly U.S. farmers and their communities negotiated the creative destruction of the early 20th century and emerged triumphant when it was over.
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My late mother moved back to her parents' homeland in the 1990s when Ukraine and Russia, along with the thirteen other former Soviet republics, became independent states. Drawing on her experience as a lawyer in Canada, she served as executive officer of the Ukrainian Legal Foundation, an NGO she helped to found.
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The irony of the political rise of the plutocrats is that, like Venice's oligarchs, they threaten the system that created them.
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If you believe in democracy, the overreach of leaders is a good reminder that vigorous public debate and time-consuming due process are not only more fair and more just, but that over the long term they usually produce better government, too.
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Plutocrats were the chief beneficiaries of so-called neoliberalism and the suite of political changes it brought beginning in the late 1970s - deregulation, weaker protection for unions, the shareholder value movement, and the subsequent inflation of executive compensation.
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My mother was born in a refugee camp in Germany before the family immigrated to western Canada. They were able to get visas thanks to my grandfather's older sister, who had immigrated between the wars.
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When you think of technological revolution, you probably think of geeks in cool coastal spaces like the Google campus, or perhaps of math wizards on Wall Street. But one source of rural prosperity is the adoption of radical new technologies - and a consequent surge in productivity.
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