8 May 2022

Globalization Under Stress

Matthew Rooney

Globalization – as promoted by the United States over the past 70 years – has led to the greatest reduction in poverty and the biggest decline in interstate conflict in human history.

It has allowed freedom to grow and flourish: Markets for goods and services are less fettered by government interference, and more individuals can decide for themselves what to buy, where to travel, and where to live and work. But that hasn’t prevented many people around the world from arguing that globalization has harmed our security and prosperity.

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