4 ms·
I think a big reason it hurt so much is not globalization, but globalization without requiring human rights minimums or guarantees, and without actual open mark
by Glyptodon 7y ago
I think a big reason it hurt so much is not globalization, but globalization without requiring human rights minimums or guarantees, and without actual open markets.
Cheap labor that rests on a foundation of abuse only creates a whole world that depends on there being people to plunder while the abuser accretes an armor of indispensability.
Allowing the participation of countries who operate by separate rules that are inherently advantaged or abusive does the same.
If the US hadn't been obsessed with industry and consumer-driven realpolitik and killing the faintest whiff of "communism" at any cost it might have been able to use its post-WW2 clout to create a globalization that worked, but to the surprise of no-one, greed was too good and functional globalization ultimately wasn't even much of a dream.