A bit ago I remember it was popular in the economics podcasting space to say that globalization failed, but I wonder by what metric, like no the world is not perfect but maybe it’s better?
I think this is true when we I hear like “democracy failed” or “liberalism failed”. But it always feel like there’s also a not so subtle acknowledgement that the opposite is worse. “Sure there’s been no world wars in 70 years, but China grumbles some times so, everything is a failure”
Like utopia can’t be the yardstick.
We should strive for constant improvement. Maybe there are techniques like targeted tariffs to fix some of these problems, but complete de globalization doesn’t feel like the answer.
I think this is true when we I hear like “democracy failed” or “liberalism failed”. But it always feel like there’s also a not so subtle acknowledgement that the opposite is worse. “Sure there’s been no world wars in 70 years, but China grumbles some times so, everything is a failure”
Like utopia can’t be the yardstick.
We should strive for constant improvement. Maybe there are techniques like targeted tariffs to fix some of these problems, but complete de globalization doesn’t feel like the answer.