"Globalisation was sold as a way of boosting prosperity for all by making markets bigger and more efficient. For a while the model worked, but when it blew up and caused extensive collateral damage, a backlash was inevitable. Deglobalisation is the result."
Larry Elliott at The Guardian writes that the "era of open markets and open borders is over."
Thursday, February 13, 2020
"It Has Failed Billions of People"
Labels:
China,
economic history,
economics,
politics,
Sanders,
twentieth century,
twenty-first century
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