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The issue with most citizens getting left behind has far less to do with globalization and far more with wealth concentration. The overall wealth in the country
by LPisGood 2y ago
The issue with most citizens getting left behind has far less to do with globalization and far more with wealth concentration. The overall wealth in the country greatly increased, but pitiful distribution led to that situation.
- WillPostForFood 2y agoStrongly disagree. If you had a middle class manufacturing job in the US, globalization meant you were competing globally against third world labor. Your job, your industry, left the country. This process contributes to wealth concentration, but wealth concentration isn't creating the problem, globalization is.
- LPisGood 2y agoGlobalization created the problem that manufacturing jobs were lost, but the overall wealth of the population still went up. That means the problem is where the money is.