Instead of saying that globalization is a fact, that it’s inevitable, we’ve also got to demonstrate that while the growing interdependence of the world economy is indeed a fact, it’s not uncontrollable.

Meaning of the quote

Globalization, where the world's economies are becoming more connected, is real and happening. But it's not something that can't be managed or controlled. We shouldn't just accept globalization as an unstoppable force. Instead, we need to show that while the world's economies are becoming more interdependent, we can still have some control over how that process unfolds.

About Peter Mandelson

Peter Mandelson is a British Labour Party politician who has held various high-profile positions, including serving as First Secretary of State and President of the Board of Trade. He was known as the ‘Prince of Darkness’ due to his media savvy and ruthless approach, and has been described as having significant influence on the current Labour Party leader, Keir Starmer.

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More quotes from Peter Mandelson

I hesitated, too, because for better or worse, I have been one of the principal architects of New Labour and I have worked closely with Tony Blair and the team for nearly 20 years.

Peter Mandelson

British peer (born 1953)

In my experience of these things, parties which shout about dirty tricks and the like tend to do so because they fear a direct hit in some vulnerable part of their political anatomy.

Peter Mandelson

British peer (born 1953)

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Peter Mandelson

British peer (born 1953)

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Peter Mandelson

British peer (born 1953)

We’ve got to demonstrate why European unity and integration, our vast single market, our single currency, equip us with the strength to embrace globalization.

Peter Mandelson

British peer (born 1953)

What is most important for Europe is economic growth and jobs, security at home and safety in the world.

Peter Mandelson

British peer (born 1953)

I do not share the half-in, half-out attitude to the EU of some in Britain. Britain’s place is in Europe.

Peter Mandelson

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Peter Mandelson

British peer (born 1953)

It’s a very good idea that we have a third term Labour government led by Tony Blair for a full term.

Peter Mandelson

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Peter Mandelson

British peer (born 1953)

I’m optimistic that we are actually seeing the opportunity of a generation being created in this.

Peter Mandelson

British peer (born 1953)

If the constitutional treaty is rejected it will be back to square one, just at a time when we want Europe to be a more effective force for good in the world, when we need to buttress ourselves against the pressures and insecurities of globalization.

Peter Mandelson

British peer (born 1953)

In the space of a decade, China and India have emerged as dramatic, dynamic competitors.

Peter Mandelson

British peer (born 1953)

Essentially we need a new social consensus for economic reform as New Labour has achieved in Britain.

Peter Mandelson

British peer (born 1953)

The markets don’t like instability and they don’t like uncertainty.

Peter Mandelson

British peer (born 1953)

What we have to do is reinvent the idea of Europe.

Peter Mandelson

British peer (born 1953)

Europe has to address people’s needs directly and reflect their priorities, not our own preoccupations.

Peter Mandelson

British peer (born 1953)

They want to derail peace because they want to plunge Northern Ireland back into armed conflict.

Peter Mandelson

British peer (born 1953)

I believe that if you treat China as an enemy, then it is likely to become one.

Peter Mandelson

British peer (born 1953)

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Peter Mandelson

British peer (born 1953)

The last thing we need is to turn in on ourselves rather than face us up to what we have to do in the world.

Peter Mandelson

British peer (born 1953)

Firstly, people take for granted that the E.U. has created the biggest economic space in the world.

Peter Mandelson

British peer (born 1953)

Having viewed Europe as an extension and projection of itself, France now finds Europe developing a mind and identity of its own which embraces France but is not controlled by France.

Peter Mandelson

British peer (born 1953)

Of course, the EU is not going to fall apart, but at best it will stagnate for the foreseeable future and we will be dealing with quite a lot of internal chaos.

Peter Mandelson

British peer (born 1953)

I certainly believe that we gain through open trade and liberalisation.

Peter Mandelson

British peer (born 1953)

I think Europe is going in the right direction and we shouldn’t be set back.

Peter Mandelson

British peer (born 1953)

I have moved on from being a British parliamentarian, I have moved on from being a New Labour politician, I have moved on from being the supporter in the active day-to-day sense of Tony Blair.

Peter Mandelson

British peer (born 1953)