Microsoft CEO Admits Power of Economic Nationalism: ‘No One’ Will Be Elected to Lead Any Nation Without ‘Talking About Their Country First’

Thursday, December 21, 2017
By Paul Martin

21 Dec 2017

Microsoft CEO Satya Nadella, the successor of Bill Gates and Steve Ballmer, laid out the power of economic nationalism and populism in an interview with Bloomberg Businessweek editor Megan Murphy.

“The reality we all have to confront is that globalization, using that term very broadly, has yielded a lot of advantages to the world—except it’s not been evenly spread,” Nadella, the man who has taken the reins of one of the most successful technology companies on the planet, said, adding:

It’s not been evenly spread even within a country that largely has done very well because of globalization, like the U.S. Unless and until we can deal with the inequities in our societies—in every country—it’s America First in the U.S. It’s going to be Britain First in the United Kingdom. It’s going to be China First in China. That’s what the world will expect. No one is going to get elected to any country’s presidency or prime ministership by not talking about their country first.

Of course, President Donald Trump defeated failed Democratic presidential nominee Hillary Rodham Clinton in an electoral college landslide in 2016 in the United States by focusing on putting America first. In the United Kingdom earlier that year, British citizens voted to leave the European Union. And nationalism has been on the rise worldwide from places as far as China and Japan to India to throughout Europe–and this Bloomberg Businessweek interview with Nadella is a sign that one of the smartest business minds in the world recognizes the future of this economic nationalist movement that is surging across the United States and around the world.

Nadella said, too, that rather than brushing aside these concerns from working class folks like most business and technology community leaders have tried to do, companies and corporate leaders need to recognize that economic nationalism and populism are not going away on their own or anytime soon.

“Business leaders in particular have to deal with this challenge,” Nadella said. “We can’t say, ‘Well, this nationalist movement of populism is a passing phase.’ We’ve got to deal with it as a phase that we’ve entered because the dividend of globalization hasn’t yielded more equitable growth for the world.”

The Rest…HERE

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