The United States Is A Safe Harbor.

We Used To Be So Proud That Our Country Offered Far More Economic Opportunities Than The Feudal System In Great Britain, With Its Royal Family, Princesses And Dukes. But Social Mobility In The Uk Is Higher Than In The Us. Our Social Rift Is As Big As It Was In The 1920s.

I Don't Think That Our Problem, Our Jobs Problem, Is Fundamentally A Problem Of Trade. I Think It Has Much More To Do With The Fact That We Have Not Sufficiently Educated Our Population. We Have Not Got Out Of This Great Recession With Adequate Stimulus And Adequate Fiscal And Monetary Policies Over All.

I Am Not An Economic Determinist. If I Were, I Would Throw Up My Hands; I Just Would Not Bother. I Think It's Wrong To Be An Economic Determinist. I Think It's Wrong To Simply Say, "well, Inevitably, If You're Poor, You're Going To Get A Lousy Education; If You're Lower-middle Class, The Cards Are Going To Be Stacked Against You, And You'll Probably Never Get Anywhere".

We Can't Have Extraordinary Dynamism, Innovation, And Change In The Economy And Expect To Have Predictability And Stability In Our Personal Lives. It's Not As If There Are These Big, Giant Institutions Existing Between Us And The Economy. In Fact, These Institutions Have Become Tissue-thin. There Is No Mediation Anymore. We Are The Economy; The Economy Is Us.

If You Give Up On Democracy, You Might As Well Give Up On Everything.