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>>So long as we have countries as political units, this will be the reason. Countries are by and large semi-closed systems in terms of economics, do it would ma
by kamaal 10y ago
>>So long as we have countries as political units, this will be the reason. Countries are by and large semi-closed systems in terms of economics, do it would make sense we protect our own economy, just like the majority of big economies do.
Sorry to be the bearer of bad news to you. But US itself pursued globalization policies to cut the influence of USSR during the cold war. Globalization was a US political project gone crazy during the internet years.
In fact no one reaped more benefits at the world stage than US.
Even as we speaking now. US has more to benefit from H1-B and other Visa systems. You don't really want all these highly trained brains from India to go to other places.
>>how protectionist and nationalist a place like India is.
India has let in far more foreign business in the recent past than US ever will.
If you are a US business making insane tens of billions worth profits selling stuff in India. Its really not a lot to ask the company in question to hire a few Indians to run their operations in India.
- mc32 10y agoSorry but globalization not only benefitted the US but everyone. Even places like Haiti and fidji have benefitted from globalization, including most notably east Asia with the foremost exemplars of Japan and China. Remember India when she was part of the non aligned axis and how "well" she was doing? That's right, globalization has helped more people around the world than anything else but people try to pretend only the US benefitted from this policy. However, the US did underwrite most of the costs of making this happen.