Joining the Distinguished Speakers Series at the University of Oxford Saïd Business School, Bloomberg was responding to a question about whether it is possible to unite people in middle America and the coasts. One of the issues standing in the way of that, Bloomberg said, was the inability of blue-collar workers to adapt to the information economy even if they have their education subsidized.

“The agrarian society lasted 3,000 years and we could teach processes. I could teach anybody, even people in this room, no offense intended, to be a farmer,” Bloomberg said. “It’s a process. You dig a hole, you put a seed in, you put dirt on top, add water, up comes the corn. You could learn that. Then we had 300 years of the industrial society. You put the piece of metal on the lathe, you turn the crank in the direction of the arrow and you can have a job. And we created a lot of jobs. At one point, 98 percent of the world worked in agriculture, now it’s 2 percent in the United States.”