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We're continuing to witness an unprecedented growth of wealth all across the world, especially in the poorest countries. The only "failure" of globalization is
by golergka 5y ago
We're continuing to witness an unprecedented growth of wealth all across the world, especially in the poorest countries. The only "failure" of globalization is the fate of the first world's working class which no longer enjoys the privileged position it had in the twentieth century.
- frockington1 5y agoEconomic metrics are still very good in the West despite a pandemic. Europe is lagging behind a little but certainly not enough to be deemed a failure
- amai 5y agoGrowth of wealth is not the same as democratization or an improvement in the human rights situation. Saudi-Arabia is very wealthy, but journalists get cut into pieces, when they dare to criticize the government. In China you can be very wealthy, but when you criticize the government you will simply vanish. And in Russia you will be poisoned or just fall out of the window, if you are not useful for the government anymore. Whats the point of all the growth of wealth, if basic human right are violated every day in these countries? In fact a growth of wealth in these countries even makes the situation worse, because wealth stabilizes a regime. Instead first a country must democratize and only afterwards it should be allowed to profit from global trade.
- golergka 5y ago> Saudi-Arabia is very wealthy, but journalists get cut into pieces, when they dare to criticize the government. In China you can be very wealthy, but when you criticize the government you will simply vanish. And in Russia you will be poisoned or just fall out of the window, if you are not useful for the government anymore. Whats the point of all the growth of wealth, if basic human right are violated every day in these countries? This is awful, but it's not something that ever have been significantly better in any of these countries.