EMAIL DETAILS

.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisCompanies Can’t Keep Treating Countries Like HotelsPopulists angry about free trade are half-correct, according to Satyajit Das: The problem isn’t globalization per se, but how companies treat the countries where they operate — often with neglect and cynicism. And amid rising global turmoil, he warns, those who got rich exploiting quick gains and ignoring long-term costs should be careful their “solutions” don’t do more harm than good.Universal Basic Income Is Neither Universal Nor BasicArtificial intelligence and robots will put many out of jobs, but what if paying people not to work only increases inequality and rancor? Yuval Noah Harari warns that the increasingly popular idea would crash against the shoals of human psychology if ever put into (widespread) practice.America Rules the Waves. But for How Long?Control of high seas is more important now than it has been at any time since the 1940s, which makes the new book “Sea Power: The History and Geopolitics of the World’s Oceans” particularly well-timed. Tobin Harshaw interviews author James Stavridis, a former NATO commander and retired four-star Navy admiral, about China’s fake islands, India’s real rise, and naval power in the 21st century.The U.S. Could Really Use a New NarrativeA country is more than the sum total of its people, or the economy or government they create. It’s also the stories those people tell themselves — about who they are and what their national purpose is. Virginia Postrel, who recently analyzed the narrative behind China’s Silk Road project, warns that Americans’ “big stories” are eroding empathy and shattering social trust.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsThe rise and fall of Toronto’s classiest con man (The Walrus)Technology is making the world more unequal, and only technology can fix it (The Guardian)Like Uber, but for meltdowns: The company that practically courts bad PR is in an existential crisis. (New York Magazine)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

If you believe this has been sent to you in error, please click <http://link.mail.bloombergbusiness.com/oc/57d81a102ddf9c08613460d75tejv.15e7/416a886f> to safely unsubscrib