Barney Frank Quotes

The multinational corporation and international production reflect a world in which capital and technology have become increasingly mobile, while labor has remained relatively immobile.

Companies and capital operate internationally, often beyond the economic reach of any particular nation-state. People are pretty global, too, living lives that freely cross national borders.

A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.

Under the process of ongoing globalization, advantages are, in the main, created for a minority of countries and development centres as well as powerful transnational companies.

The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries.

Globalization has produced a new of level of interdependence among us. The economy and multinational supply chains do not abide by political boundaries. A computer ordered in Brazil is designed in California and assembled in several other countries. Economic integration was the first strong evidence of a new era.

The State will increasingly see its sovereignty undermined by multinational capital.

The ongoing internationalization of the economy is confronting the labor movement

One of the most important political and economic facts of this young century is that capital has been slipping the traces of the nation-state. Business is global; government is national.

In the emerging global economy, everything is mobile: capital, factories, even entire industries. The only resource that's really rooted in a nation--and the ultimate source of all its wealth--is its people.

Cage the People, Free the Money. The only thing that is allowed to move freely - unimpeded - around the world today is money... capital.

We live in a world community, and economic contact has partly contributed to that. It’s also the case that economic opportunity opened up by economic contact has helped to a great extent to reduce poverty in many parts of the world.

[Donald] Trump is instructive.For Trump, it was that the global economy and the international world order were failing regular people.

Ann and I will carry out this equivocal message to the world: Markets must be open.

I think that these flows of refugee are the inevitable counterparts to the flow of capital and goods. In other words, they too are by-products of globalisation.

In a world of scarce resources, globalization without new technology is unsustainable.

What's interesting to me is that in the late twentieth century it seems that there's scarcely a part of the world that doesn't have some capitalist return that can be realized providing that this area's made accessible and resources can be extracted from it.

I think the world is becoming more global. Because of economics, you have to feed the demographics that are buying your product.

Of course we run a very open economy, and therefore what happens in the rest of the world, in economic terms, obviously has an impact on us.

The whole world is an open, free market. No state can exist without the others.

One growing threat to the stability of the U.S. economy, and therefore to its capability to continue to direct the global order, paradoxically emerges from its success in establishing capitalism around the world.

The standardization and specialization of industrialization was being undermined by globalization. When people in Bangladesh could produce things much more cheaply than anybody could produce them in Detroit, we no longer were the world capital of industrialization.

The globalized nature of production and innovation means that the benefits don't necessarily stay in the country where the investments are made.

The Golden Straitjacket is the defining political-economic garment of globalization. [...] The tighter you wear it, the more gold it produces.

Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.