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 More Quotes by Fareed Zakaria More Quotes From Fareed Zakaria 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. Fareed Zakaria envy immigration technology It is likely that human beings will find fulfillment and will be rewarded for the same qualities that they have been rewarded for for 5,000 years. And that is intelligence, hard work, honesty, a sense of character, loyalty to family and friends, and above all, love and faith. If you are trying to decide what you should do, those are the things you should do. And you know it. Fareed Zakaria honesty loyalty graduation The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore. Fareed Zakaria dubai oil india Thanks to the Communist Party of China, we now know the path to poverty alleviation is Capitalism. Fareed Zakaria poverty party path 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 arabia oil heart Americans have so far put up with inequality because they felt they could change their status. They didn't mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense - the idea that anyone can make it. Fareed Zakaria dream ideas moving If there is one lesson for U.S. foreign policy from the past 10 years, it is surely that military intervention can seem simple but is in fact a complex affair with the potential for unintended consequences. Fareed Zakaria military simple past 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. Fareed Zakaria twenties writing america Religions are vague, of course. This means that they are easy to follow -you can interpret their prescriptions as you like. but it also means that it is easy to slip up -there is always some injunction you are violating. But Islam has no religious establishment - no popes, no bishops - that can declare by fiat which is the correct interpretation. As a result, the decision to oppose the state on the grounds that is insufficiently Islamic belongs to anyone who wishes to exercise it. Fareed Zakaria islamic religious mean 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. Fareed Zakaria life two promise Germany is a fascinating role model. The Germans have maintained their manufacturing edge despite being a high-tax, high-regulation economy. Why? Because the government really set about ensuring that it maintained funding for technical training, technical advancements and programs. It made a concerted effort to retain high-end, complex manufacturing -- the kind of BMW model, if you will. And they've done that so successfully that Germany, which has a quarter of America's population, exports more than America does. Fareed Zakaria bmw government america America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule. Fareed Zakaria innovation growth america The Berlin Wall wasn't the only barrier to fall after the collapse of the Soviet Union and the end of the Cold War. Traditional barriers to the flow of money, trade, people and ideas also fell. Fareed Zakaria wall money war China is ruthlessly pragmatic. It supports North Korea for its own selfish interests. And I believe that China no longer considers us an ally. The current president, Xi Jinping, cultivates close relations with South Korea. He has never met with me, the leader of North Korea, something that the leader of China has always done. At the grand celebrations in Beijing two years ago commemorating the 70th anniversary of the end of World War II, he placed the president of Russia and the president of South Korea at his side. In North Korea, we pay a lot of attention to ceremonies and what they signal. Fareed Zakaria selfish war believe I enjoy writing but I much prefer the experience of having written. Fareed Zakaria written enjoy writing 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. Fareed Zakaria iran order country 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. Fareed Zakaria impact country america In a world awash in debt, power shifts to creditors. Fareed Zakaria creditors debt world Legitimacy is the elixir of political power. Fareed Zakaria elixir legitimacy political You know, when the cost of capital goes down, when credit becomes cheap, people start taking greater and greater risks. Fareed Zakaria cost risk people
