It turns out power is more important to those whole wield it than fungible tokens (money). With power arbitrary wealth can be built and rebuilt. For the averag

It turns out power is more important to those whole wield it than fungible tokens (money). With power arbitrary wealth can be built and rebuilt. For the average Russian during the 1990s life was worse after economic liberalisation. What can a vast country like Russia, China or the USA not produce domestically, keep people employed and keep profits at home? How much is wasted on advertising and market casinos? On the one hand globalisation expands the labor pool and access to capital. On the other the more labor there is the lower its unit value. So under autarky prices would rise but so would wages (labor would be more scarce). So for a big country it is not clear that people are worse off in the long run going alone. So called comparative advantages are more a function of structure of the economy than long term inherit capabilities. When people are scarcer their price goes up.