The power of Data is undeniable. And unharnessed - it’s nothing but chaos. Making data your ally. Using it to lead with confidence and clarity. Host Jess Carter is solving problems in real-time to reveal what’s possible. Helping communities and people thrive. This is Data Driven Leadership, a show brought to you by Resultant.
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Content provided by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
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The Middle Class Myth and China’s Future with Noah Smith
Manage episode 487340281 series 3430078
Content provided by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Today on Moment of Zen, Erik Torenberg and Noah Smith debunk the myth that globalization destroyed America's middle class, showing wages actually grew during hyperglobalization. It examines the limited "China shock" impact and critiques how both political tribes' technology fears may handicap America's competitiveness against China.
--
📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess
🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse
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SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD
Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen.
Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen.
The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world.
Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist.
--
X / TWITTER:
@noahpinion
@eriktorenberg
@turpentinemedia
--
HIGHLIGHTS OF THE DISCUSSION:
Main Argument
- Myth: Globalization hollowed out America's middle class
- Reality: Middle class moved UP income brackets; wages grew 40% during peak globalization
Real Causes
- 1973 oil shock caused wage stagnation (70s-80s), not globalization
- China shock (2000s): Only 2M manufacturing jobs lost, limited scope
America vs. China
- US: Less globalized than most countries; only 4% manufacturing trade deficit
- China: Cities will look shabby in 30 years; exports falling as % of GDP
Political Technology Paralysis
- Republicans: Fear hardware (solar, batteries, EVs)
- Progressives: Fear software (AI, social media)
- Both sides handicapping American tech leadership while China advances
135 episodes
Share
Manage episode 487340281 series 3430078
Content provided by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Turpentine, Erik Torenberg, Dan Romero, and Antonio Garcia Martinez or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Today on Moment of Zen, Erik Torenberg and Noah Smith debunk the myth that globalization destroyed America's middle class, showing wages actually grew during hyperglobalization. It examines the limited "China shock" impact and critiques how both political tribes' technology fears may handicap America's competitiveness against China.
--
📰 Be notified early when Turpentine's drops new publication: https://www.turpentine.co/exclusiveaccess
🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse
--
SPONSORS: NETSUITE | SHOPIFY | ADQUICK | SQUAD
Over 41,000 businesses trust NetSuite by Oracle, the #1 cloud ERP, to future-proof their operations. Whether you're earning millions or hundreds of millions, NetSuite empowers you to tackle challenges and seize opportunities. Download the free CFO's guide to AI and machine learning at https://netsuite.com/zen.
Shopify is the world's leading e-commerce platform, offering a market-leading checkout system Shoppay and exclusive AI apps. Nobody does selling better than Shopify. Get a $1 per month trial at https://shopify.com/momentofzen.
The easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world.
Head to Squad to access global engineering without the headache and at a fraction of the cost: head to https://choosesquad.com/ and mention “Turpentine” to skip the waitlist.
--
X / TWITTER:
@noahpinion
@eriktorenberg
@turpentinemedia
--
HIGHLIGHTS OF THE DISCUSSION:
Main Argument
- Myth: Globalization hollowed out America's middle class
- Reality: Middle class moved UP income brackets; wages grew 40% during peak globalization
Real Causes
- 1973 oil shock caused wage stagnation (70s-80s), not globalization
- China shock (2000s): Only 2M manufacturing jobs lost, limited scope
America vs. China
- US: Less globalized than most countries; only 4% manufacturing trade deficit
- China: Cities will look shabby in 30 years; exports falling as % of GDP
Political Technology Paralysis
- Republicans: Fear hardware (solar, batteries, EVs)
- Progressives: Fear software (AI, social media)
- Both sides handicapping American tech leadership while China advances
135 episodes
All episodes
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Similar to "Moment of Zen"
The power of Data is undeniable. And unharnessed - it’s nothing but chaos. Making data your ally. Using it to lead with confidence and clarity. Host Jess Carter is solving problems in real-time to reveal what’s possible. Helping communities and people thrive. This is Data Driven Leadership, a show brought to you by Resultant.
…
continue reading
Investor Shayle Kann is asking big questions about how to decarbonize the planet: How cheap can clean energy get? Will artificial intelligence speed up climate solutions? Where is the smart money going into climate technologies? Every week on Catalyst, Shayle explains the world of climate tech with prominent experts, investors, researchers, and executives. Produced by Latitude Media.
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continue reading
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…
continue reading
Redefining AI is the 2024 New York Digital Award winning tech podcast! Discover a whole new take on Artificial Intelligence in joining host Lauren Hawker Zafer, a top voice in Artificial Intelligence on LinkedIn, for insightful chats that unravel the fascinating world of tech innovation, use case exploration and AI knowledge. Dive into candid discussions with accomplished industry experts and established academics. With each episode, you'll expand your grasp of cutting-edge technologies and ...
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Go offline with the Player FM app!
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