Want to Retain American Jobs? Stop Blaming Globalization

Everything is cheap and nobody has jobs. Welcome to the future. President of the Federal Reserve Bank of Dallas fills us in on how we got here.

Politics & Current Affairs

The US economy has spawned a vicious cycle that few people are talking about, but it's one that affects us all. You, right now, are likely caught in that ugly loop. In fact, it's what may one day send you packing from your job. It's called technology-enabled disruption. And the worst part? (There's a worse part!?) You contributed to it in a big way, explains Robert S. Kaplan. Advancements in retail technology gave consumers the power to shop smarter and put pricing pressure on manufacturers. That pressure is "rippling back, through impacts on workers and their wages, and maybe encouraging businesses to increasingly replace workers with technology," says Kaplan. In a nutshell: every time a consumer finds a bargain, a robot gets a job.

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Robert Steven Kaplan on The Ownership Process

Leadership is accessible to each of us—today. It requires a process of hard work, willingness to ask questions, and openness to learning.

Videos

You might believe that leaders are born, not made. Perhaps you think that you need to hold an important job to be a leader—that you need permission to lead. Leadership is one of the most important aspects of our society. Yet there is enormous disagreement and confusion about what leadership means and whether it can really be learned.

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Robert Steven Kaplan on The Meaning of Leadership

Leadership is accessible to each of us—today. It requires a process of hard work, willingness to ask questions, and openness to learning.

Videos

You might believe that leaders are born, not made. Perhaps you think that you need to hold an important job to be a leader—that you need permission to lead. Leadership is one of the most important aspects of our society. Yet there is enormous disagreement and confusion about what leadership means and whether it can really be learned.

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Robert Steven Kaplan on the Leadership Crisis

Leadership is accessible to each of us—today. It requires a process of hard work, willingness to ask questions, and openness to learning.

Videos

You might believe that leaders are born, not made. Perhaps you think that you need to hold an important job to be a leader—that you need permission to lead. Leadership is one of the most important aspects of our society. Yet there is enormous disagreement and confusion about what leadership means and whether it can really be learned.

Keep reading Show less