Episode Transcript
Transcripts are displayed as originally observed. Some content, including advertisements may have changed.
Use Ctrl + F to search
0:00
If you want to work smarter, you need a
0:02
system with smart built-in. Workday has
0:04
AI embedded into the core of the system
0:07
to seamlessly support your workflow
0:09
and deliver unprecedented adaptability. Workday.
0:11
The finance and HR system
0:13
for a changing world. The
0:21
Economist. Hello
0:28
and welcome to the Intelligence from the
0:30
Economist Andreessen Palmer. And I'm Aura
0:32
or can be. Every weekday we
0:35
provide a fresh perspective on the
0:37
events shaping. You will win. A.
0:42
Trip to windswept Scottish islands reveals
0:44
are troubling trend for archaeology. Climate
0:47
change is unearthing national treasures over
0:49
the place, but the lands developers
0:51
who typically fund archaeological digs are
0:54
nowhere to be seen. And
0:58
a new. French biopic tells
1:00
the story of classical composer
1:02
Maurice rebels struggle to create
1:04
his distinctive nineteen Twenty eight.
1:06
Peace will ever it could.
1:08
it's repetitive earnest have had
1:10
something to do with the
1:12
composer's brain disease. First
1:19
out, the. Singapore
1:28
is often admired as one
1:30
of the world's most successful
1:32
societies. Well,
1:35
at least in financial terms.
1:37
It stability, as well as
1:40
it's tax and government's regimes
1:42
have long been attractive to
1:44
international investors, but it's still
1:46
maintains a strong links with
1:48
China, and is criticized for
1:51
it's illiberal domestic politics. Now
1:54
changes efforts at the top and
1:57
Singapore is about to come under
1:59
new manage. I. Accept
2:01
this responsibility. With. Humility
2:03
and a d sense of
2:06
duty. Nine swung
2:08
Singapore's Finance minister and deputy prime
2:10
minister who take a their families
2:13
can long later this month. Every
2:16
ounce of my energy show
2:18
be devoted. To. The service of
2:20
our country and our people. Mr.
2:23
Wong will be just a fourth prime
2:26
minister since nineteen sixty five. The
2:28
year that Singapore gained independence from Malaysia.
2:31
And. Among the challenges he faces
2:33
is protecting islands economic progress,
2:36
And need increasingly tricky relations
2:38
between China and the West.
2:41
Economists. Foreign editor Patrick Thousand spoke
2:43
to Mr. Wong earlier this week
2:46
to discuss the future of Singapore,
2:48
it's model for government and the
2:50
risks that lie ahead. I
2:56
met Mr Wong in a peaceful
2:59
room overlooking the skylight and Singapore
3:01
which is a mixture of really
3:03
old lady or buildings and sweet
3:05
the modern architecture in the financial
3:07
center on a wants to find
3:09
out what's his prime ministership would
3:11
mean for the country and how
3:13
he was gonna change Singapore compared
3:15
to what his predecessors did and
3:17
I will be the first prime
3:19
minister the be born off the
3:21
Singapore's independence. All my predecessors
3:24
sank with lot three other
3:26
national and tons of that.
3:29
I've on a song, one national anthem, My.
3:31
To lacing up for our national anthem
3:33
at sixty one years old as the
3:35
one was born seven years and to
3:38
Singapore was existence. And
3:40
he'll be the source prime minister
3:42
since independence for Singapore. Tell
3:46
me that about Mr. One. What was he like?
3:49
Well. I think he's much more
3:51
of a humble figure compared to
3:53
some of the prime minister's Singapore's
3:55
hot in the past is much
3:57
more accessible, also has a more.
4:00
At Grand So, he went to the local
4:02
school in Singapore rather than one of the
4:04
elite schools. My background is what
4:06
it is, even if it's helpful if it
4:08
makes it more relate about the Singapore and
4:10
so much the better. He. Grew
4:12
up on one of the city's
4:15
public housing estates which are when
4:17
they singaporeans less often and study
4:19
in Singapore. he went. To.
4:21
University in the states and he
4:23
spoke and fondly boxes time asking
4:26
or american streets during his university
4:28
years and a scientists will say
4:30
become known for doing a guitar
4:32
says sorts. Oh
4:37
so on every man, many more.
4:43
The swans ascendancy means the for the
4:45
first time in the country's modern history,
4:47
there is no member of the least
4:49
family either in charge waiting in the
4:51
wings. Mr. Wong believes he can
4:53
live up to his predecessors. I believe when
4:55
push comes to shop and that time comes
4:58
with that hottest a sense I would do
5:00
so. so long as the dissenters in the
5:02
in says of Singapore and Singapore, it. In
5:04
one time mentioned Singapore is still
5:06
an exemplar and that's the economy.
5:09
It's a combination of. Being.
5:11
Open. Embracing change
5:13
and technology. And. Trying
5:16
to be a small says possible? Who
5:18
was government decision making? The
5:20
more contentious bit of Singapore
5:22
is it's political system. Which.
5:25
Remains something rather different from
5:27
a fool fat western style
5:29
democracy. The latest democracy
5:31
and x for my sister. Company Economist
5:34
Intelligence Units. Pacify Singapore
5:36
as a smooth democracy.
5:40
Strength. Mr.
5:43
Ones People's Action Party has
5:46
been the dominant force and
5:48
Singaporean politics for six decades.
5:50
And rules continuously. But it's level
5:53
of control has relaxed a bit.
5:55
So the Center left Workers' Party
5:57
one two of the com. Smoking
6:00
member constituencies and Twenty twenty a
6:02
first for any opposition group in
6:05
the country's history, and has roughly
6:07
a tenth of seats in parliament.
6:10
And the opposition and title has
6:12
around forty percent of votes say
6:14
it's got some weight said The
6:16
Resistance in which politics, while not
6:18
a multi party system. All.
6:21
More contestable than in the
6:23
past. While the majority today
6:25
would like to be happy to be
6:27
in power to be in government, they
6:30
would also like to see more opposition
6:32
voices in parliament. So. The opposition
6:34
presence in parliament is here to stay.
6:37
And it's quite clear. But.
6:39
It's the same time the current
6:41
outgoing Prime Minister Lee is like
6:43
these a play some role in
6:45
decision making. What? This is a
6:47
Singapore tradition I mean you don't find
6:50
is commonly in other countries by it's
6:52
a longstanding Singapore traditional without found it
6:54
very valuable. Mr. Wong launched
6:56
a policy called for would Singapore
6:58
in the last couple of years
7:01
which is a really large scale
7:03
Engagements of citizens about two hundred
7:05
thousand people participated. Conversation.
7:08
Still has limits and props. Mr One
7:11
will go further. During. His time
7:13
in office. Me: Will have to do
7:15
our best to engage Singaporeans. We'll have
7:17
to do our best. Were involved dance
7:20
in decisions that they care deeply about.
7:22
And. In shaping our future. Mr.
7:25
Wong Tobin. The next generation
7:27
holds hi democratic expectations. Is
7:29
myself my team. We are unable
7:32
to meet up the doors high
7:34
expectations. If we are unable to
7:36
deliver those standards and a better
7:39
team arises then. Singaporeans.
7:41
Would choose accordingly. I have no doubt about it.
7:44
So. I think what's happening in Singapore
7:46
is you got a dynamic, hyper
7:49
rich, hyper modern society that's undergoing
7:51
more change And that means I
7:53
think the government has to be
7:55
more accountable to have public opinion
7:57
is shifting. One other
7:59
time. Mr. Wong facing. For.
8:02
Singapore had a point of golden
8:04
era where as a trading center.
8:07
With. A growing population, it was able
8:09
to grow really fast and the ears.
8:11
Legalization and what's happening now is
8:14
some of those. Underlying
8:16
factors are heading in the opposite
8:18
direction, say the world economy is
8:20
now less. Trade centric that
8:23
it was another same time, the
8:25
number of working age citizens is
8:27
forecast to decline by several hundred
8:29
thousand. To about one point
8:31
nine million by twenty thirty a bill.
8:33
That means is higher health care costs
8:36
and at the same time it means
8:38
it needs grace in the workforce to
8:40
keep expanding the economy. And that's what
8:42
migration comes and. We. Welcome
8:45
foreign professionals to work in Singapore,
8:47
but it's. It's
8:49
control because if it's not controlled, I
8:51
think they will be easily swapped. And
8:54
rising numbers of people create more
8:56
competition. Some native Singaporeans feel that
8:59
the odds are stacked against them,
9:01
with loads of highly qualified outsiders
9:03
getting a better chance of the
9:06
top shots. And. Singapore sits
9:08
in a precarious position between
9:10
China and America. It's open
9:12
to both. Tell me that
9:14
more about that. One. Time since
9:16
Singapore's economy is split
9:19
between trading and take
9:21
business with the West
9:23
and with Asia including
9:25
China. Meanwhile, the population
9:27
majority Chinese have strong
9:29
cultural. On. Often ancestral links
9:32
with China. And that does
9:34
create some tensions in the global all
9:36
day shifting. the you need for the
9:38
moment for America has ended. Yet
9:41
it remains a pre eminence power
9:43
in the world that's transiting to
9:45
a multipolar world. Balancing
9:47
this line between. The. Two
9:49
Superpowers is tricky for a small country.
9:52
When. A bit country deals of a small
9:54
country that because he often doesn't realize how
9:57
imposing they are. And is very hard
9:59
to find a happy. Balance between the two the
10:01
big and small country at the same time.
10:04
To. Hear more about this and an extended
10:06
version of the interview with Lawrence One listened
10:08
to Money Talks which Will Be at the
10:11
Ceiling on the Economist podcast feet. At.
10:13
A It sounds like the new Prime minister
10:15
has lots of challenges. Ahead of him d
10:17
think he's got what it takes to deal
10:19
with them. I think in.
10:22
The. Economic Sphere: Mr. Wong said
10:24
gender is exactly the right
10:26
one. The. Focus is on
10:28
keeping Singapore as open as possible to
10:31
the world economy. Even though it's scope
10:33
more turbulent. The reality is we are
10:35
still a very tiny little island in
10:37
avast and dangerous world which is going
10:40
to get more dangerous in the coming
10:42
years. The area where I
10:44
think. Mr. Wong should probably
10:46
do more. Isn't. Politics.
10:49
It's. Better to have a political system.
10:52
There's. More resilient, more flexible,
10:54
more open to new ideas. But
10:56
it's still a bit of an
10:58
open question how far Lawrence Warm
11:01
and the fourth generation Singaporean the
11:03
To see represents are prepared to
11:05
get in that direction. What?
11:08
Has happened in the last sixty years
11:10
has been nothing short of America and
11:12
my mission. Is a kid
11:14
this miracle going for as long as
11:16
I can and to mix well. Little
11:18
Red.shines brightly for as long as possible.
11:21
Whether. Singapore succeeds is important because
11:23
it's an example of how to
11:26
get well see how to succeed
11:28
to lots of other countries around
11:30
since was watching closely. And
11:33
was completely lil pets I think you say much for
11:35
on the say. Thanks sorry.
11:49
If you want to let smarten you
11:51
need a system with small doses, Workday
11:54
has a I embedded into the core
11:56
of the system to seamlessly support your
11:58
web. slow and deliver. Unprecedented. Adapted the
12:00
website the Finance Nhl System for a
12:03
change in love. With
12:16
I know, why Is it First round?
12:18
Six. Hundred people
12:20
have Manuel the treasurer of the
12:22
know fungi whistles and archaeological sites
12:24
that contains the remains of islands
12:27
and know settled by the I
12:29
get i get blown over if
12:31
is vs as way I'll get.
12:33
Married right much about Foreign affairs for
12:35
the Economist. Were on the island. A rousing
12:37
which is one of the Orkney Islands of the North
12:39
coast of Scotland is so I feel as he has
12:42
a nice. Here and it's history.
12:44
all. Around us and that sits
12:46
resident around has since all the
12:48
way back and ram. And
12:51
and school. Sonos long
12:53
as we're just to the coast and
12:55
a big bay. In. Front
12:57
of me is what looks like a
12:59
load of rubble. the in it is
13:02
an archaeological do it Also city say
13:04
they see that right? So we're here
13:06
so all the way alone Here there's
13:08
a little iron age building. The
13:11
know if one day has been here for
13:13
thousands of years. But. It's disappearing
13:15
first. Why is it was
13:17
happening? Oh coastal erosion
13:19
has destroyed most of the
13:21
know sunrise. Solving puzzles a
13:24
concise and things were
13:26
eroding all. The Time Silk
13:28
to Julie Bonds and husband
13:30
Doctor Stephen.krell lead ongoing excavations
13:33
at the North Conrad. I'd.
13:35
Buy good base as an. Antiquated.
13:39
We used to the rank. Was
13:42
flipped around for the Ponderosa.
13:44
Will. Go within. This
13:48
huge to be unequally. That it's
13:50
it's just retreating back from the say
13:52
it'll be that. These. Deposits
13:54
will come from underneath on the whole
13:56
thing will install it tastes the same
13:58
can to disappear that. In a room
14:00
with give interviews and then a big
14:03
storm it still affects the bits of
14:05
that in survival. Besides I'd stones. Scotland,
14:08
Now experience is more wind turbines old and
14:11
had been predicted the twenty fifth be. Rising
14:13
sea levels are more frequent. Storms
14:16
are washing away. the sediment website
14:18
says. Rising. Sea levels more
14:20
frequent storms. This sounds like it's going to
14:22
be exciting story. Is day said.
14:24
Stephen. Julie Things I T. With
14:27
climate change the sinuses increasing The
14:29
sea level is definitely increasing on
14:31
so a rise in is getting
14:33
faster so it's important that will
14:35
have to be spicy for like
14:37
of. Scotland, Is not the
14:40
only place like change in weather patterns are
14:42
causing a problem. Unesco. Reckons
14:44
that one in six cultural heritage sites
14:46
are threatened by climate. Change in
14:48
England. Specify Mm focal than than and
14:50
out and the waterlogged conditions are preserved
14:52
as home with my son tablets some
14:55
a lot more on Obama. Finn.
14:57
Outset com as possible as eating a
14:59
long and to keep alcopop. On
15:01
site because the Middle East have been buried
15:03
under tons of sand. But when
15:05
it comes to climate change up your shield,
15:08
preservation is hardly a top priority. So.
15:10
Is anything at all being done? Can anything
15:12
be done? A climate emergency
15:15
was declared and twenty twenty by the
15:17
International Council on Monuments and Sites, which
15:19
deals with this kind of thing. But
15:22
many archaeologists say policymakers have been
15:24
slow. The mark. Funding is
15:26
the main problem. Archaeology.
15:28
Tends to be back world by land developers. But.
15:31
When it comes to climate related damage as
15:33
no one's pay said. Is costly
15:35
bill protective measures and that doesn't happen
15:38
too often these days. But. There
15:40
are some benefits that com the climate change. Go.
15:42
On what was the good side of the story, Well.
15:45
Archaeologists are coming across nice sites.
15:48
Several. Of the most exciting discoveries of
15:50
recent years from nazi war sits in
15:53
the da needs to ancient but carvings
15:55
and amazon or revealed only esters severe
15:57
droughts. Stone. And excited and
15:59
sense to. The. Star. Break which
16:01
is a neolithic site in Orkney with
16:03
concealed by vengeance until it was to
16:05
start by storm and the nineteenth century.
16:08
A centuries old shit wet ray paid
16:10
under similar circumstances this year. So
16:12
the way to think about this is that we are losing
16:15
some sites, but along the way we're going against them or.
16:17
Yeah, even for those newly discovered
16:19
sides, climate change poses a problem.
16:22
I'm so archaeologists and heritage institutions
16:24
are faced with a brilliant politician.
16:27
We thought full they save a which
16:30
for they allowed to disappear of decay.
16:33
Given. The sheer numbers, size under
16:35
threat, and unlimited resources available, many
16:37
flights will be lost. And
16:40
as though thought the tunnels or does
16:42
appear to focal knowledge and tours and
16:44
Nato. With them. I
16:46
spoke with some I'm from his.environment
16:48
Scotland. He works on preservation and
16:50
she says communities needs constanze the
16:53
changing them states. And adapt
16:55
accordingly. You
16:58
know, play limited. Fungi,
17:01
Ascendancy, Laser Scanning and other technologies.
17:03
The Captcha Digital Record presents a
17:06
generation and told me about that
17:08
on. the concern about this site
17:10
is be lazy scans As a
17:12
last see holes Nicole Persons who
17:15
stood a Phd so she's lays
17:17
a scam this and she's cool
17:19
every year and least scan the
17:22
whole thing So we got three.
17:24
The models of it were recording
17:26
with all the modern fertility drugs.
17:29
And overhead photography for
17:31
granted three saw worth
17:33
preserving. Were recording everything we
17:35
can and this season cause
17:37
be publicly available when we've
17:39
actually finished and. Will go as far
17:41
as who has. Need.
17:45
Technology like this means we can save
17:47
at least some of. This wonderful said.
17:51
Muddled, I heard a food on hospital.
17:53
Home. Maurice.
18:04
Rebels bolero is a pretty
18:06
weird a piece. Matt.
18:09
Stained Glass is the economist and
18:11
deputy editor. And
18:13
starts off with this is and Remember.
18:21
That with them. websites on the
18:23
snare drum up for the entire
18:25
duration of the Peace Hundred and
18:28
Sixty Nine ties there just to
18:30
melodies in the Peace Fair groups.
18:42
And those tools are repeated over
18:44
and over again. I'm being passed
18:46
around to different instruments in the
18:48
orchestra. The
18:50
peace is basically it sees. It
18:52
uses that repetition to build up
18:54
the expectation of the something big
18:56
happening, and then in the end,
18:58
it just explodes all those expectations.
19:02
It was originally the score to a
19:04
short ballet. It's danceable, a very touchy,
19:06
and it has a tendency to keep
19:08
running into listeners had long after the
19:11
peace ends. A.
19:20
New Friends biopics called Bolero tells the
19:22
story of Rebels struggles are composed of
19:25
peace and Nineteen Twenty Eight and it
19:27
employs a similar kind of repetition, one
19:29
of the most. Basic
19:32
assassination will. They are
19:34
funny conquerors. The director
19:36
and Fontaine keeps coming back over
19:39
and over to Rebels. fascination with
19:41
mechanical noise is tortured. sexuality is
19:43
habit of procrastination. That and his
19:45
long mental deterioration. He died in
19:48
Nineteen. Thirty seven have a brain
19:50
disease and some are all just
19:52
that. Brain disease may have been
19:54
a condition called frontotemporal dementia, which
19:57
is associated with obsessive repetition. Whether
20:04
the pieces a symptom of
20:06
neurological dysfunction or not, it's
20:08
one of the most performed
20:10
pieces around in the classical
20:12
repertoire. Royalties from performances and
20:14
recordings and film scores have
20:16
dogs up to something like
20:18
a hundred million dollars, but
20:20
the issue of gets all
20:22
that money as complicated Rebels
20:24
had no descendants and his
20:26
death is copyright pass to
20:28
his brother who got into
20:30
a car accidents married his
20:32
caretaker. See them less the
20:35
rights to her first husband. he
20:37
married his manicurist who had a
20:39
daughter from a previous marriage and
20:41
the copyrights to all of Rebels
20:43
works wound up belonging to that
20:45
daughter ever been. And customs and
20:48
French law the keys and to
20:50
the public domain and two thousand
20:52
and Sixteen But like the music
20:54
of for their whole the copyright
20:56
story never seems to and in
20:58
two thousand and eighteen Miss Pentecostals
21:00
sued Assess Them which is Francis
21:03
Musical. Copyright Agency. Arguing
21:05
that Valero was actually a
21:07
collaborative work along with the
21:09
set designer Alexander and Law
21:11
and the Choreographer Than Islam,
21:14
Undies, and Scar. That
21:16
would mean that the copyright
21:18
should and on the basis
21:20
of the death of the
21:22
last collaborator the choreographer he
21:25
die until nine. Hundred.
21:41
Miss. Contends movie starts off with Roselle
21:43
in the middle of a severe
21:46
case of writer's block. Either
21:48
Rubenstein, who is a flamboyant Russian
21:50
dancer in Paris in the nineteen
21:52
twenties, commissioned him to write a
21:54
ballet, And Nineteen Twenty eight. Southerners
21:57
of us has any. Any
22:00
good gonna push Sundance He agreed to
22:02
compose something that evoked his Basque Spanish
22:04
roots. but then he began procrastinating and
22:07
became obsessed by an emotional affair with
22:09
the wife of one of his patrons.
22:11
And another scene he takes eat a
22:13
Rubenstein who commissioned the Peace to a
22:16
Factory and says he said, do ballet
22:18
that's an ode to mechanical modernity, be
22:20
some machines and so forth as. She
22:28
loves his. Noises
22:31
and see me Spanish
22:33
and Asia. Valera
22:39
was immediately a huge hit. Arturo
22:41
Toscanini conducted a rendition with a
22:43
New York Philharmonic and Nineteen Thirty
22:46
that was massively popular. Rebel
22:51
said he played it much too fast
22:53
and to modern your it sounds that
22:55
way. In the seventies the movie Ten
22:58
came out and Nineteen Seventy Nine which
23:00
was a massive comedy hit. Bo Derek
23:02
plays a young Uns and knew who
23:04
insists some famous. On.
23:11
The credits at the end of Miss
23:13
Clinton's movie claim that bolero is played
23:15
by an orchestra somewhere in the world
23:17
several times in our. It's
23:19
also been me imagined by modern
23:22
artists, for example, the legendary Detroit's
23:24
Dj Carl Craig and Berlin's dubbed
23:26
techno originator More, It's On Oswald.
23:32
It. Is hardly surprising that Miss
23:34
Pentecostal wishes that all of his
23:36
performances were still earning her money
23:39
on the copyright agencies. Sam says
23:41
for suit is nonsense. The.
23:43
Set designer and the choreographer had
23:45
nothing to do with composing the
23:47
Peace, and she never claimed that
23:50
it was a collaborative work until
23:52
after the copyrights expires. At
23:55
them something about that repetitive
23:58
permanent quality of Polaris. The
24:01
hell he supposedly asked a friend while
24:03
he was causing it. Don't you think
24:05
there's something trump's assistant that the melody
24:08
and you might have found something fitting
24:10
about the idea that it's story to
24:12
seems to keep on going on forever.
24:15
So. Neat,
24:30
so city superseded the intelligence. If
24:32
you haven't got round to listening
24:35
to our subscribe a Me Saturday
24:37
the Sunni. Well now get on.
24:40
The missy tend to the rest
24:42
of main will be offering free
24:44
access to the weekend Intelligence official
24:46
end of the week episode. Citizens
24:49
of poignant. Companions.
24:51
And. Sometimes personal stories from our
24:53
correspondents. A favorite of
24:55
mine at in the archives was one of
24:57
our earliest That to say on facility and
25:00
ideas I do eight even. Might need
25:02
issues and if you're already subscriber to
25:04
produce could cause class think he sees
25:06
don't keep the didn't need to things
25:09
tell you send in for me to
25:11
take any the weekend intelligence me to
25:13
the next to be neat and see
25:16
that you. If
25:30
you want to work smarter, you need a system
25:32
with smart built-in. Workday has AI
25:34
embedded into the core of the system to
25:37
seamlessly support your workflow and
25:39
deliver unprecedented adaptability. Workday. The
25:41
finance and HR system for
25:43
a changing world.
Podchaser is the ultimate destination for podcast data, search, and discovery. Learn More