27 May 2020

Global Antipathy Towards Globalization

Sadly, globalization has fewer defenders than nationalism. It's easier to excite the masses with cries of "Us vs. them" than "Us."

Since 1945, globalization has lessened global inequality, dramatically lowered deaths due to war, and increased prosperity. Put more simply, globalization fuels the twin goals of peace and prosperity that only ideologues dismiss as the most important goals of policy.

Here Martin Wolf explains how growing tensions between the US and China are reminiscent of the growing tensions between the US and Germany nearly a century ago.

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