It's one way to look at it, and you will find multiple macro-models that will sustain some ideas, for example the increasing weight of government or how capture

It's one way to look at it, and you will find multiple macro-models that will sustain some ideas, for example the increasing weight of government or how captured economies become. But globalization has definitely been a huge cause of stagnant wages in developed countries and sky-rocketing poverty reduction in the rest of the world.