Design is a funny word. Some people think design means how it looks. But of course, if you dig deeper, it's really how it works. The design of the Mac wasn't what it looked like, although that was part of it. Primarily, it was how it worked.

It is simplistic in the following sense that you cannot institute democracy from above. It’s a very difficult process. And democracy is not the only dimension of institutions that matters. Although my work does emphasise that democracy by itself matters as well. But the problem is really alive today in the industrialised world, where you would think, and many political scientists have claimed that democracy is safe and secure and would never be under threat. It is under threat. Support for democracy is at an all time low, not just in the US, although really jarringly in the US but not just in the US, throughout the western world. So democracy is not easy to make work because democracy is about democratic citizenship. It’s about consensus, it’s about communication. It’s about accepting defeat, making compromises, talking and understanding the other side. All of those things are always difficult. They become more difficult during times of turbulence, which, you know, we are living through and they become harder when the infrastructure, for example, the communication infrastructure, makes this sort of democratic citizenship harder, which I think is not the only factor. But social media has certainly played that role.

I will start by stating the obvious. No one here questions whether development is desirable. No one questions the inherent need to save lives and help others by giving. However, I believe that we need to rethink the ways in which we help others. We need to give from the perspective of empowering the recipient, instead of making them dependent on us.

Remember that the resentment and the anger leveled at the United States is not leveled against Americans as Americans. It is leveled against a particular policy followed by a particular administration, and change the policy or maybe change the administration, and you will find, I mean, that there is very little anti-Americanism in the world. There is a lot of — I mean, there is a lot of anger at an America that has been arrogant and an America that believe it is good, go it alone. You know, your unilateralism where you went to the United Nations thinking that they would just endorse your view, and when they said no, you said go jump in the lake, and you went and you did your own thing, and you landed in a huge mess. Well, people don’t want to say we told you so, you know, because you realize, I mean, after 9/11, most of the world was deeply — I mean, America was held in the highest. People really felt deeply for you, and I’m sure you all felt loved, and you dissipated it in next to no time. You know, I mean, chop, chop, chop, and it disappeared, but it shows, you know, it isn’t that there is an ingrained hatred of America. There isn’t.

There are a few things I dismiss and a few I believe in thoroughly. The former include economic forecasts, which I think don't add value, and the list of the latter starts with cycles and the need to prepare for them.