This globalization is lifting up hundreds of millions of people out of poverty. The Left needs to see that.

Changes which are slow and gradual can be hard to notice even if their ultimate impact is quite dramatic.

It's important to remember that, in the 1930s, a lot of people in the West looked at communism as a pretty good idea. That was partly because they didn't know how bad things were on the communist side of the world, but it was also partly because things were bad in the West.

The main point of democracy is to deliver positive results for the majority.

Sometimes, the aftermath is more devastating than the storm. That is the story of the 2008 financial crisis. It was disastrous at the time, but what has been worse is how long it has lingered.

Talking about income inequality, even if you're not on the Forbes 400 list, can make us feel uncomfortable. It feels less positive, less optimistic, to talk about how the pie is sliced than to think about how to make the pie bigger.

Thanks to globalization and the technology revolution, the nature of work, the distribution of the rewards from that work, and maybe even the economic cycle itself are being transformed.

This is the 21st-century paradox: Even as political democracy has become the intellectual default mode for much of the world, the private sector usually trumps the public one when it comes to accommodating consumer choice.

The high-tech, globalized capitalism of the 21st century is very different from the postwar version of capitalism that performed so magnificently for the middle classes of the Western world.