From Mr. Oberfeld's blog:
...I found Obama was at his intellectual best (during his speech to the UN General Assembly) in recognizing and dissecting a bigger world-wide problem … the growing dissatisfaction by workers in MANY developed nations with globalization of trade … and the growing gap between the rich and the rest of us...
...“I do believe there’s another path — one that fuels growth and innovation, and offers the clearest route to individual opportunity and national success. It does not require succumbing to a soulless capitalism that benefits only the few, but rather recognizes that economies are more successful when we close the gap between rich and poor, and growth is broadly based.
“And that means respecting the rights of workers so they can organize into independent unions and earn a living wage. It means investing in our people — their skills, their education, their capacity to take an idea and turn it into a business. It means strengthening the safety net that protects our people from hardship and allows them to take more risks — to look for a new job, or start a new venture.”...