Rana Foroohar is a global business columnist and associate editor at the Financial Times and a global economic analyst at CNN. Sought after for her astute analysis, Foroohar speaks to the changes occurring in business, politics, economics, and foreign affairs. Her weekly column is a real-time commentary on emerging markets, the effects of globalization, and the disruption of big tech. She also pens the FT’s SwampNotes alongside Ed Luce, discussing the intersection of money and power in US politics.
Foroohar is the author of three critically-acclaimed books. Her first book, Makers andTakers: The Rise of Finance and the Fall of American Business, about why capital markets no longer support business, was shortlisted for the Financial Times McKinsey Book of the Year award. Her second book, Don’t Be Evil:The Case Against Big Tech, was the Porchlight Business Book of the Year. Her latest book, Homecoming: The Path to Prosperity in a Post Global World, on the fall of globalization, was named one of the best books of the year by Kirkus. To accompany the book, she produced a three-partfilm series documenting her travels across the US to explore how a new era of deglobalization will affect farming, manufacturing, and innovation.
In 2019, Foroohar was awarded a SABEW award for her tech and policy coverage at the Financial Times. Prior to joining the FT and CNN, Foroohar spent 6 years at TIME as an assistant managing editor and economic columnist. She also worked at Newsweek for 13 years as an economic and foreign affairs editor and a foreign correspondent covering Europe and the Middle East. During that time, she was awarded the German Marshall Fund’s Peter Weitz Prize for transatlantic reporting. She has also received awards and fellowships from institutions such as the Newswoman’s Club of New York, the Johns Hopkins School of International Affairs, and the East West Center. She is a life member of the Council on Foreign Relations and sits on the advisory board of the Open Markets Institute.
Risk and Reward in a New World Order
Once or twice a century, economic and political paradigms shift in ways that transform our lives. That shift is upon us now. From de-globalization to the end of easy money, from changing demographics to the rise of AI, nearly all the major vectoral forces in the global economy are in flux. It’s been fifty years since our world shifted so profoundly, and now, as then, there will be huge opportunities and challenges inherent in this shift -- for countries, companies, workers and consumers. Calling on her last three award winning books, which critics have called “a trilogy for a new political economy,” Foroohar – the Global Business Columnist for the FT and Global Economic Analyst for CNN – lays out where we’ve come, where we are going and what it will mean for global growth, markets, and leaders trying to navigate change.
Brave New World: AI and the Future of Work
What will artificial intelligence create? What will it disrupt? And what will it displace? Throughout history, technology has always been the driver of economic growth and new jobs. But that transition takes time, and it’s only a win-win when the public and private sector can work together to make sure human skills keep pace with technological change. AI has the potential to dramatically increase human productivity. But it also comes with huge ethical challenges. Which countries, industries, and workers are best poised to leverage it? What will it mean for geopolitics? (Hint: the internet globalized the world, but AI may regionalize it). Could it’s deflationary effects help offset other inflationary trends around the world? And how can CEOs and boards best understand and navigate both the potential costs — and the opportunities — of generative AI? Calling on her work for the Financial Times, as well as her three best-selling books on the ways in which technology has transformed business and society, Foroohar will lay out what business leaders need to know about the biggest technological transformation of our time.
The World Isn't Flat
At the dawn of the twenty-first century, Thomas Friedman declared globalization the new economic order in The World Is Flat. But the reign of globalization as we've known it is over, argues Financial Times columnist and CNN analyst Rana Foroohar. Drawing from her upcoming book, Homecoming: The Path to Prosperity in a Post Global World, she lays out how the rise of local, regional, and home-grown business is now at hand. The pandemic brought the fragility of global trade and supply chains into stark relief. It also illuminated the long-time vulnerabilities in our neoliberal economic philosophy, one that prioritizes efficiency over resilience and global profits over local prosperity. It's a model that produced massive wealth, inequality, environmental degradation, political bifurcation, and distrust in today's institutions. But the pendulum of history is swinging back, powered by geopolitical, demographic, and financial changes, as well as new place-based economics and a wave of technological innovations — from decentralized manufacturing and digital currencies to the internet of things and blockchain. The shape of companies, trade routes, national economies, and global politics are changing. In this engagement, Foroohar will sketch out the shape of this new tripolar world, calling on her exclusive conversations with top US and EU officials, as well as color reporting from China, America, Germany, the UK, and beyond.
ESG: The Next Big Financial Disruption
Over the last forty years, we've gotten used to consuming more things, more cheaply, than ever before — from food to fashion to electronic gadgets. But this has come with huge downsides, from wage stagnation to environmental risks and human rights violations. Now, with the rise of ESG investing, regulators and financial markets are beginning to tally the true cost of the old model. And as countries roll out new ESG rules, we will see major changes in trade patterns, supply chains, tax codes, share prices, and labor markets. The next global financial disruption won't come from banks or China — but from the breakdown of the last half-century of neoliberal capitalism. Join Rana Foroohar as she shares her take on what it will all mean for companies, countries, consumers, and citizens.