Re:Globalization’s losers are revolting
by visarga on Tuesday June 28, 2016 @12:51AM
(#11991562)
> In just a few days, the British elite lost how much of its wealth ?
> It also depends on how long term your view is
If a few more rich countries in the world do the same, taking the route of separation, it won't look good long term for anyone. I think separation and protectionism work for a few countries, but if everyone tries to do the same, it will be a bad move.
Globalization has lead to a greater level of mutual integration between countries which in turn has decreased war. If we put more separation between our countries, there will be less incentive for peace.
Instead, we should change the system as to recover a fair share of tax money from multinationals and hold them responsible for their treatment of people (employees and customers). There should be some protections for people, but giving free trade away would lead to isolation for some and war for others.
> It also depends on how long term your view is
If a few more rich countries in the world do the same, taking the route of separation, it won't look good long term for anyone. I think separation and protectionism work for a few countries, but if everyone tries to do the same, it will be a bad move.
Globalization has lead to a greater level of mutual integration between countries which in turn has decreased war. If we put more separation between our countries, there will be less incentive for peace.
Instead, we should change the system as to recover a fair share of tax money from multinationals and hold them responsible for their treatment of people (employees and customers). There should be some protections for people, but giving free trade away would lead to isolation for some and war for others.