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Feels that way too. America’s increasingly tough stance on exports to China are a sign of things to come. I’m not even sure if this Globalization was worth all
by spaceman_2020 4y ago
Feels that way too. America’s increasingly tough stance on exports to China are a sign of things to come.
I’m not even sure if this Globalization was worth all that much. It’s made some people very wealthy, some people well-off, but its also made lots of people very poor and very angry.
I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets.
- buscoquadnary 4y agoActually I listened to an interesting talk yesterday by Peter Zeihan, just discovered he has some interesting ideas. One of his theories is that the reason we have globalization isn't economic but it was rather America's attempt to win and keep allies during the cold war. You could participate in a global world trade network and economy (kept safe and maintained by American military might) as long as you were willing to work within the US framework. After the end of the Cold War the original purpose for globalization has disappeared and now we have to figure out what is next. It was an interesting argument that globalization was an American security development not an international economic development.
- always2slow 4y ago>I’m okay with living in a world with fewer millionaires but also fewer people sleeping on the streets. Did you mean billionaires? Because a million isn't what it used to be...
- colinmhayes 4y agoGlobalization made every good much, much cheaper. Yes, it made some people rich, and some people lost their job, but everyone benefited from either the cheap goods or better job opportunities.