Jack Davis Jack Davis
On the Issues

Can Globalization Fail? Lessons from History, by Thoms Palley

The pattern of retreat is difficult to predict. One possibility is a return to a world of tariffs and quotas. A second response may be the emergence of regional trade and investment blocs. A third response that would preserve globalization would be the establishment of new domestic and international rules that support a social democratic mass consumption economy. All three scenarios challenge today's elite's program...





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