Top Institutions and Economists Now Say Globalization Increases Inequality

[Swordsmyth]

World Bank, IMF, BIS, NBER, McKinsey Now Admit that Globalization Increases Inequality

We’ve all heard that globalization lifts all boats and increases our prosperity …
But mainstream economists and organizations are now starting to say that globalization increases inequality.


Some Big Companies Losing Interest In Globalization

Ironically, the Washington Post noted in 2015 that the giant multinational corporations themselves are losing interest in globalization … and many are starting to bring the factories back home:

More at: http://www.washingtonsblog.com/2017/...l-systems.html

[Pauls' Revere]

http://www.huffingtonpost.ca/2017/08...ad_a_23080357/

What a mess.

"The great loser in these last 23 years has been Mexico, above all, the small farmers," said Ernesto Ladron de Guevara, speaking for one peasant farmers union at a park across from Mexico's Foreign Ministry.

His union is pushing for NAFTA's fate to face a public vote, possibly to coincide with next year's July presidential election and, if the deal survives, wants it to exclude anything related to agriculture and food production.

Mexico now imports some $18.5 billion of agriculture products every year, making it one of the most important markets for U.S. farmers.

That makes U.S. rural states key supporters of the pact, making it harder for Trump to follow his declared instinct to rip it up in favor U.S. blue-collar workers who feel jobs have flooded south.

[goldenequity]

makes total sense. thnx 4 posting.

[Zippyjuan]

We should go back to the feudal/ serf days when everybody was equal. Except the propertied few.

When were all considered "equal"? Never. Not even under Communism. Even they had their elites with significantly more wealth than the masses.

So next question- is everybody worse off? Or have all improved- just some more than others?

[Swordsmyth]

We should go back to the feudal/ serf days when everybody was equal. Except the propertied few.

That is where globalism is taking us.