Closing the confidence gap means being honest about your abilities, not constantly undervaluing them.
Economists argue about the relative impact of immigrants versus robots on wage stagnation - voters don't care much. They blame immigrants. It's easier to get mad at a person from Macedonia or Mexico, taking your job than it is to get mad at a piece of technology from Silicon Valley.
Interpretation
What this quote means
People often blame immigrants for job loss instead of acknowledging the role of technology.
In this quote, Katty Kay highlights the tendency of individuals to attribute wage stagnation to immigrants rather than the influence of technological advancements. This reflects a common psychological bias where humans are more likely to direct their frustration towards identifiable individuals rather than abstract concepts or innovations. As immigrants become scapegoats for economic challenges, the real complexities behind wage dynamics are often overlooked, revealing a deeper societal issue regarding blame and accountability.
Themes
In practice
Example use cases
During a panel discussion on economic policy, this quote can be used to highlight the need for nuanced understanding of job market challenges.
More from Katty Kay
All quotes →Every woman dreams of a workplace where her boss doesn't suggest they grab a drink after work, where there isn't that colleague you'd just rather not get stuck in the office with alone and where your job prospects don't depend, however subtly, on whether you put up with lascivious comments from a man who has power over you.
Ive lived and worked in developing countries so Im particularly interested in helping women in oppressive societies. Our problems can pale in comparison to theirs, the more we can do to empower them, the better off all women will be.
I honestly do not know a woman, in any profession, at any level, who has not at some point, often at many points, had to repudiate the unwanted advances of a man they've worked with or for. We shouldn't have to.
Similar quotes
I'm of those who believe that excesses in all matters are not a good idea, whether it's formation of bubbles, whether it's excess in the financial market, whether it's excess of inequality, it has to be watched, it has to be measured, and it has to be anticipated in terms of consequences.
The Middle East has the highest unemployment percentage of any region in the world we have the largest youth cohort of history coming into the market place that frustration does translate into the political sphere when people are hungry and without jobs.
All money is a matter of belief.
The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom.
It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.