Comment

Comment by cs702

Reads like a slogan for anti-globalization and nationalism.

As with all slogans, it ignores important details that contradict it.

Over the past four decades, our current global economic system, promoting economic integration and interdependence between countries, has lifted billions out of poverty.[a][b] Billions. No sensible discussion of globalization can ignore that.

The current backlash is not against globalization per se, but against:

* greater concentration of economic power (e.g., more markets dominated by global mega corporations),

* greater concentration of political and military power in authoritarian regimes who play by different rules (e.g., China), and

* greater concentration of income and wealth (e.g., the hollowing out of the middle class in the US).

We shouldn't throw the baby out with the bathwater!

--

[a] https://ourworldindata.org/poverty

[b] https://ourworldindata.org/extreme-poverty-in-brief

parent cs702 3 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton