We have not noticed how fast the rest has risen. Most of the industrialized world--and a good part of the nonindustrialized world as well--has better cell phone service than the United States. Broadband is faster and cheaper across the industrial world, from Canada to France to Japan, and the United States now stands sixteenth in the world in broadband penetration per capita. Americans are constantly told by their politicians that the only thing we have to learn from other countries' health care systems is to be thankful for ours. Most Americans ignore the fact that a third of the country's public schools are totally dysfunctional (because their children go to the other two-thirds). The American litigation system is now routinely referred to as a huge cost to doing business, but no one dares propose any reform of it. Our mortgage deduction for housing costs a staggering $80 billion a year, and we are told it is crucial to support home ownership, except that Margaret Thatcher eliminated it in Britain, and yet that country has the same rate of home ownership as the United States. We rarely look around and notice other options and alternatives, convinced that "we're number one.
Fareed ZakariaTag: nationalism economics technology business globalization
... low interest rates and cheap credit also cause people to act foolishly or greedily ...
Fareed ZakariaTag: foolishly greedily interest-rates
...foreign policy is a matter of costs and benefits, not theology.
Fareed ZakariaTag: international-relations foreign-affairs national-policy
If you listen to the political discourse in America today, you would think that all our problems have been caused by the Mexicans of the Chinese or the Muslims. The reality is that we have caused our own problems. Whatever has happened has been caused by isolating ourselves or blaming others.
Fareed ZakariaThe real challenges that the country faces come from the winners, not the losers, of the new world.
Fareed ZakariaIt 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 ZakariaIn an almost unthinkable reversal of a global pattern, almost every Arab country today is less free than it was forty years ago. There are few places in the world about which one can say that.
Fareed ZakariaFor years many in the oil-rich states argued that their enormous wealth would bring modernizations. They pointed to the impressive appetites of Saudis and Kuwaitis for things Western, from McDonald's hamburgers to Rolex watches to Cadillac limousines. but importing Western good is easy; importing the inner stuffing of modern society - a free market, political parties, accountability, the rule of law - is difficult and even dangerous for the ruling elites
Fareed ZakariaDemocracy 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
Fareed ZakariaBritish rule meant not democracy -colonialism is almost by definition underdemocratic - but limited constitutional liberalism and capitalism
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