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Street protests in Saudi Arabia might warm our hearts, but they could easily lead to $250 a barrel oil and a global recession.

Fareed Zakaria

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Fareed Zakaria
Age: 60
Born: 1964
Born: January 20
Economist
Essayist
Journalist
Political Scientist
Reporter
Bombay
Fareed Rafiq Zakaria
Heart
Global
Recession
Easily
Saudi
Warm
Recessions
Street
Barrels
Hearts
Saudis
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Arabia
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France placed the state above society , democracy above constitutionalism, and equality above liberty. As a result, for much of the nineteenth century it was democratic, with broad suffrage and elections, but hardly liberal. it was certainly a less secure home for individual freedom than was England or America.
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Generations from now, when historians write about these times, they might note that, in the early decades of the twenty-first century, the United States succeeded in its great and historic mission--it globalized the world. But along the way, they might write, it forgot to globalize itself.
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It all looks American because America, the country that invented mass capitalism and consumerism, got there first. the impact of mass capitalism is now universal.
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The American consumer, even today, the weight of the American consumer in the global economy is China plus India doubled. So, it's tough to replace that.
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But as the arms-control scholar Thomas Schelling once noted, two things are very expensive in international life: promises when they succeed and threats when they fail.
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But now, we are becoming suspicious of the very things we have long celebrated - free markets, trade, immigration, and technological change. And all this is happening when the tide is going our way. Just as the world is opening up, America is closing down.
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Thanks to the Communist Party of China, we now know the path to poverty alleviation is Capitalism.
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If envy were the cause of terrorism, Beverly Hills [and] Fifth Avenue ... would have become targets long ago.
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You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks.
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The United States needs serious change in its fiscal, entitlement, infrastructure, immigration, and education policies, among others. And yet a polarized and often paralyzed Washington has pushed dealing with these problems off into the future, which will only make them more difficult and expensive to solve.
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No successful political transition can take place without leaders and movements that demand and press for freedom.
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In a world awash in debt, power shifts to creditors.
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I should not be judged by a standard that's not applied to everyone else.
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Some have said that the clash between Catholicism and Protestantism illustrates the old maxim that religious freedom is the product of two equally pernicious fanaticisms, each cancelling the other out.
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The great drama of Russian history has been between its state and society. Put simply, Russia has always had too much state and not enough society.
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There is a huge crisis of employment in America, in the Western world in general.
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I very much want to be in the business of creating content, of doing stories all over the world rather than figuring out what the business model is for 'Newsweek' on the iPad, although that's very important work as well.
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What we see today is an American economy that has boomed because of policies and developments of the 1950s and '60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies.
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Whenever someone says the word community, I want to reach for an oxygen mask.
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CNN is getting smarter, and you can feel it in the stories, you can feel it in the depth with which they're covered, the kinds of people in terms of guests who are brought on air, the way in which issues are discussed.
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