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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.
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
India
Weight
Doubled
Tough
Replace
Economy
Consumer
American
Plus
Today
Consumers
Even
Global
China
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In a world awash in debt, power shifts to creditors.
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If a senator calls me up and asks me what should we do in Iraq, I'm happy to talk to him.
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The people who watch Fox are not going to watch CNN. You know, lets be honest.
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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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There is a huge crisis of employment in America, in the Western world in general.
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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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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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I'd be kidding if I said that I predicted the financial collapse.
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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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Strip away the usual hot air, and bin Laden's audiotape is the sign of a seriously weakened man.
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Iran is a country of 80 million people, educated and dynamic. It sits astride a crucial part of the world. It cannot be sanctioned and pressed down forever. It is the last great civilization to sit outside the global order.
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America washes its dirty linen in public. When scandals such as this one hit, they do sully America's image in the world. But what usually also gets broadcast around the world is the vivid reality that the United States forces accountability and punishes wrongdoing, even at the highest levels.
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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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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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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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Politics and power is a realm of relative influence.
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I think it is quite untrue that it is standard journalistic practice to name the interviewer when quoting from an interview.
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Democracy is also a single ideology, and, like all such templates, it has its limits. what works in a legislature might not work in a corporation.
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It's not possible for two countries to be the leading dominant political power at the same time.
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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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