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The End of Globalization? Part 1

Political science suggests that a reversal, or even collapse, of globalization is a distinct possibility

Michael A. Witt
Mon, 12/12/2016 - 11:54
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For most of the past 25 years, globalization was seen as an unstoppable force, as sure to advance as the sun rises in the east. But increasingly, it looks more vulnerable than inexorable. Causes for concern are easy to find. For instance, the last set of World Trade Organization negotiations over further trade liberalization, the Doha Round, was a failure; Donald J. Trump has disavowed free-trade agreements such as NAFTA and the Trans-Pacific Partnership; Brexit will reduce economic integration between the United Kingdom and the European Union, and possibly between the United Kingdom and the world; and regional opposition almost scuppered the Canada-EU Comprehensive Economic and Trade Agreement. Is the age of globalization coming to an end?

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Comments

Submitted by JoeGan8899 on Mon, 12/12/2016 - 11:40

Free trade not free to America

Yes well writtten commentary, thank you, but these Free Trade agreements are neither free nor beneficial to America as all they have done is destroy our job base and award large corporations with huge tax breaks for offshoring American manufacturing jobs.

The entire time HRC was Sec of State, both her and BC were hard at work shaking down foreign governments to fill the coffers of the Foundation while making back room deals to send US jobs to other countries at the cost of US jobs. 

Another great example that the Liberal presstitute media completely ignores - Apple Computer.  Apple has made billions on the backs of children, manufacturing the i-phone and other i-gadgets in China where there are no child labor laws.

So please tell us all again Mike, what exactly is so good about globalization besides the "End" that you refer to ?

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Submitted by cquintero on Mon, 12/12/2016 - 12:39

Part 2

If possible, Can you please send me Part 2?  I try using "here" to get access but it was denied.

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Submitted by Quality Digest on Mon, 12/12/2016 - 13:14

In reply to Part 2 by cquintero

Part 2

Part 2 will be published on 12/19. Sorry, we should have said that. Thanks
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Submitted by mclayton200 on Mon, 12/19/2016 - 15:04

So far your view seems correct

I grew up in 1930s and 40s and became high tech engineer in late 50s until age 80 in 2016. Your article is needed and so far right on target. Thanks. As a "Migrant Worker" my grandfather came from Germany to US in 1880s and I worked in 7 countries in past 55 years.

High tech globalization requires going where the work pays best to keep learning as technology evolves. Of course a tiny number of CEOs do very well. But migrant engineers can make 6 figures every year. And they can see the world with all expenses paid.
Meanwhile the same can be said of many non-degree technician willing to move every few years.
But unskilled labor has been lost since Reagan and "right to work" laws smothered unions. Looking next at part 2.

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