“This process, one of trading the state to outside owners in exchange for their (it now seems) entirely temporary agreement to enrich us, in toher words the pauperization of California, had in fact begun at the time Americans first entered… — Joan Didion Copy Share Image
Japan rose from the ashes of World War II as a 'trading state,' the model for export-led growth. It is not clear that the old export model of growth will be sustainable in a more 'balanced' global economy that does… — Robert Zoellick Copy Share Image