2016-11-18www.spiegel.de

Now, in 2016, many people in Western, industrialized countries are worried about losing their jobs, their prosperity and that of their children. They see themselves as the losers of a development that has only helped the elite.

The belief that politics doesn't serve the body politic and that the economy doesn't serve the people has taken firm hold. That only corporations and the rich profit. And that globalization, with its open borders and freedom of movement for both goods and people, is to blame for it all. "Globalists" is the word Trump derogatorily uses for people who promote these values.

...

The world finds itself at a turning point. It must try to eliminate the drawbacks of globalization without destroying its advantages. If, on the other hand, protectionism and populism gain the upper hand, there is a danger that global prosperity could shrink. The age of globalization would be at an end.



Comments: Be the first to add a comment

add a comment | go to forum thread