With the election of Trump, America's soft power has taken a big hit. The United States has moved from a position of leadership in the creation of a rules-based international system to a position of leadership in its destruction and the creation of a regime of global protectionism. The damage will be long-lasting.
Tags: will, election, power, leadership

Other Quotes by "Joseph Stiglitz"

Americans like to say we're fighting for democracy, and yet young Americans have come to the view that democracy doesn't deliver.
Tags: like, fighting, view, democracy
When you don't have equality of opportunity because you don't have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
Tags: opportunity, equality, you, education
Tax policy should reflect a country's values and address its problems.
Tags: tax, values, country, problems
Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.
Tags: he, being, country, rich
Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.
Tags: financial, beyond, must, society
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